Global Stationery Market Expected to Touch a Value of Over US$ 24,000 Mn by 2026

Posted on 2018-06-21 by Mark Hub in Industrial, Retail // 0 Comments

ROCKVILLE, US, 2018-Jun-21 — /EPR Network/ — 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.

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Global demand for stationery products has remained subdued as laptops, desktops, and smartphones have replaced traditional stationery items, such as pens, pencils, and notebooks in various settings. The global stationery industry has felt the impact of digitalization, and many leading brands have turned to repurposing their offerings as ‘gift’ and ‘collector’s’ items. The silver lining for manufacturers remains the pervasiveness of stationery products in educational institutions and workplaces. On account of steady demand from educational institutes and workplaces, the global stationery market is likely to witness a moderate growth during the period 2017-2026.

According to Fact.MR, the global stationery market is expected to represent a value of nearly US$ 24,000 Mn by the end of 2026.

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.

Sales through Breast Reconstruction Application to Remain High

As need for reconstructing and uplifting breast arises, demand for anatomical tissue expanders is projected to increase globally. In terms of revenue, the anatomical tissue expanders product type segment is projected to witness robust growth in terms of revenue, recording for more than US$ 100 Mn by 2026-end. Further, the anatomical tissue expanders product type segment is projected to reflect significant CAGR throughout the forecast period.

On the basis of end uses, the specialty clinics end user segment is projected to witness the fastest growth during the forecast period. By 2017-end, the hospital end user segment is projected to witness the highest growth in terms of revenue, representing less than US$ 100 Mn.

Based on application, the breast reconstruction segment is projected to represent a significant revenue growth, accounting for more than US$ 150 Mn by 2026-end. On the other hand, the forehead skin and scalp reconstruction application segment is projected to reflect the highest CAGR throughout the forecast period.

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Competition Tracking

Leading market players operating in the global stationery market include KOKUYO Co,Ltd, Shachihata Inc., Pentel, PILOT CORPORATION, Mitsubishi Corporation, Zebra Co., Ltd., M&G Holding Group Co., Ltd, Jason’s Deli Inc., Shenzhen Comix Group Co., Ltd., Beifa Group Co., Ltd., Wenzhou Aihao Pen Trade Co. Ltd., Guangbo Group Stock Co., Ltd., Qingdao Changlong Stationery Co., Ltd., ITC Limited, Navneet Education Limited, GM Pens International Pvt Ltd, BIC Cello and Lion Pencil Co., Ltd.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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