Global Stationery Market Production, Trends, Price, Revenue, Share, Growth and Forecast Until 2026

Dublin 2, Ireland, 2018-Apr-05 — /EPR Network/ — The global market discussion on “Stationery Market” can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Stationery Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on Global Stationery market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Factors Fuelling Global Market Growth

Growth of the global stationery market is mainly bound by various macro-economic and micro-economic factors. With the growing need for smart accessories among the industrial professionals, sales of stationery products will continue to increase in the global market. Manufacturers are significantly investing in designing smart stationery for companies according to the particular specifications and demands of the company.

Growing advancements in technology has negatively impacted demand for the traditional stationery products. With the launch of various gadgets equipped with smart pens that enables the end users to make notes, demand for the traditional stationery products is projected to hit rock bottom. Demand for the smart gadgets is projected to increase as the end users can conveniently synchronize their information and save it in their smart devices. Moreover, the smart devices further allow the end users to retrieve related information when required by the end user. Customization and personalization of the stationery products will continue to remain in trend in developing regions such as North America. Personalization and customization is further projected to witness significant demand for innovation in range of stationery products. However, the stationery market in Europe is projected to witness positive growth attributed to increasing corporate expansion and setting up of new companies. Moreover, companies based in Europe are increasingly investing on customizing and personalizing of their business stationery products such as memos and business cards. Bound to these factors, the global market of stationery is projected to witness slight increase in growth.

With the growing trend of changing lifestyle in the middle class population, e-commerce and industrialization, demand for stationery products including smart stationery products, office stationery and luxury writing instruments is projected to rev up globally. Manufacturers are mainly capitalizing on growing demand for stationery products in APEJ. Surge in the number of educational institutions is likely to rev up demand for the stationery products globally. Expansion of the e-commerce platform is further projected to fuel the sales of range of stationery products in the global market. These factors are projected to contribute towards the global market growth of stationery during the forecast period.

Sales for Pen Products to Remain High

Growing demand for writing tools with high-quality ink will continue to rev up sales of pens globally. In terms of revenue, the pens segment is projected to represent a robust growth, representing around US$ 24,000 Mn by 2026-end. In contrary, the art goods product type segment and the coloring product type segment is projected to reflect a significant CAGR throughout the forecast period.

During the forecast period, the exporters sales channel segment is projected to reflect a robust CAGR. However, the wholesalers sales channel segment is projected to represent the highest growth in terms of revenue, accounting for more than US$ 3,000 Mn by 2017-end.

Based on pricing range, the mid-range segment is projected to represent a robust growth in terms of revenue. By 2026-end, the mid-range price range segment is projected to represent the fastest growth, recording more than US$ 4,000 Mn.

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Continuous Stationary to Increase Output

With the growing need to simplify assigned tasks, demand for business stationery in various companies will continue to increase globally. Sales of continuous stationery products such as typing sheets, carbon papers, rough-work pads, pencils, letter-heads, folders and files is expected to increase attributed to increasing demand in various companies. Companies are focusing on investing in other continuous stationaries such as special accounting forms and invoices in order to improve productivity. In order to increase the output, companies are further investing in customizing their stationery to convey business professionalism to their clients.

On the other hand, growing advancements in technology has led to increasing preference for storing information on the smartphones. As the information stored on the smart devices can conveniently retrieved when required. Moreover, storing information on the smart devices has reduced the need to manage stack of papers, which in turn has led to less spending on the stationery products. The industry professionals prefer developing documentations and storing the business related information on the databases. These factors are expected to dip the sales of the traditional stationery products in the global market during the forecast period.

Wholesalers to Represent a Leading Segment

Growing need for neatly filling the official documents and invoices with premium ink quality has led to surge in demand for pens globally. On the basis of product type, the pens segment is expected to generate significant revenues, accounting for a value of nearly US$ 24,000 Mn by the end of 2026. On the other hand, the coloring product type segment and the art goods product type segment is expected to register the highest CAGR during the forecast period.

Based on sales channel, the wholesalers segment is expected to witness a robust revenue growth, recording a value of over US$ 3,000 Mn by the end of 2017. In contrary, the exporters sales channel segment is expected to register a healthy CAGR through 2026.

By pricing range, the mid-range segment is expected to witness a significant revenue growth, accounting for a value of over US$ 4,000 Mn by the end of 2026. Moreover, the mid-range pricing range segment is expected to register a healthy CAGR throughout the forecast period.

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