Stationery Products Global Market to Reach $29.8 Billion by 2027: Growing Trend towards Bullet-Journaling and Hand Lettering Support Sales of Writing Instruments and Notebooks
Global Market for Stationery Products
Dublin, March 06, 2023 (GLOBE NEWSWIRE) -- The "Stationery Products: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Stationery Products estimated at US$22.4 Billion in the year 2020, is projected to reach a revised size of US$29.8 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027.
Printing Supplies, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$14.9 Billion by the end of the analysis period.
After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Paper-based Stationery Products segment is readjusted to a revised 2.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 7.1% CAGR
The Stationery Products market in the U.S. is estimated at US$6.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Mailing Supplies Segment to Record 3.1% CAGR
In the global Mailing Supplies segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion in the year 2020 will reach a projected size of US$1.7 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.8 Billion by the year 2027, while Latin America will expand at a 3.3% CAGR through the analysis period.
Select Competitors (Total 259 Featured) -
American Greetings Corporation
Brother International Corporation
Canon U.S.A., Inc.
CSS Industries Inc.
Dixon Ticonderoga Company
Hallmark Cards, Inc.
Herlitz PBS AG
Hewlett-Packard Development Company, L.P.
International Writing Instrument Corp.
Kokuyo Co., Ltd.
Mitsubishi Pencil Co., Ltd.
Montblanc International GmbH
Office Depot, Inc.
Pentel Co., Ltd.
Samsung Electronics Co., Ltd.
ST DuPont SA
What`s New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2020 - 2027
Estimated Market Value (USD) in 2020
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Stationery Products - A Diverse and Dispersed Industry
Digitalization Brings in a Mixed Bag of Opportunities & Challenges for Stationery Products
Writing Instruments Continue to Attract Demand
Digital Fatigue Triggers Revival of Interest in Penmanship and Printed Books
Recent Market Activity
Education Sector - A Major Market for Stationery Products
Rising Education Levels to Inject Demand
Seasonality is the Norm, Rather than an Exception
Digitization Impacts Demand for Conventional Office Supplies
Developing Countries to Drive Global Growth
Stationery Products - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Product Innovations Spark Renewed Interest in Stationery
Demand for Personalized Stationery Gains Momentum
The Home Office - An Expanding Market Segment
New Office Starts & Corporate Expansions - Key to Growth for Office Supplies
Paper & Paper-Based Products - Traditional Revenue Contributors
Trends Dictating a Direct Face-Off of Paper Products with Digitization
Growing Trend towards Bullet-Journaling and Hand Lettering Support Sales of Writing Instruments and Notebooks
Rise in Adoption of Eco-Friendly Products
DIY Market Presents New Opportunities
Demand on Rise for Fundraising Calendars
Stationery Licensing Offers New Pockets of Growth
Rise in Sales of Gift-Wrap and Party Goods
Writing Instruments - A Review
Writing Instruments Growth Drivers (On a Scale of 1-10)
Pens/Markers - Less Fazed by Digital Media
Premium Fountain Pens Remain a Niche
Luxury Writing Instruments Garner Demand
Ergonomic Pens to Relieve Writers Cramp
Personalization of Pens Grows in Demand
Demand on Rise for Fashionable and Stylish Writing Instruments
Pens in the Competitive List of Gifts
The 'Green Trend' - Assaying the Environmental Cause
Pencil Makers Go the Digital Way
Binders and Notebooks Emerge as Fashionable Items
Envelopes Market - A Review
Favorable Demographics Augur Well for Educational Stationery Products Market
Youth Bulge Augurs Well for Stationery Products Market
Writing & Marking Instruments Reach Toddlers
Women - The Largest Home Office Users
Features in Home-Office Supplies Increasingly Preferred by Consumers (Rating on Scale of 1-10, 1 being the least)
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/9gwrei
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