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Stationery Products Market Trends

Report ID: GMI8238
Published Date: Feb 2024
Report Format: PDF

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Stationery Products Market Trends

There is a growing emphasis on sustainability, leading to increased demand for eco-friendly stationery products. Consumers are seeking items made from recycled materials or those that are easily biodegradable. Prominent market players introduce new and innovative products made of sustainable materials to increase sales. For instance, in April 2021, BIC, a leading stationery brand launched a full range of eco-friendly products featuring 50% recycled plastic.

Stationery manufacturers are incorporating innovative designs and features into their products. This includes multi-functional items, creative packaging, and products designed for specific purposes, catering to diverse consumer needs. For instance, in September 2023, a Japan-based Sun-star stationery launched an eraser which was inspired by origami art. The flat top of the eraser can be used to rub away bigger errors while its edges can be used to correct smaller imperfections.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Stationery products industry was valued at USD 140 billion in 2023 and is anticipated to register a CAGR of over 3.7% between 2024 & 2032, driven by its role in serving diverse consumer needs, including education, office work, artistry, and personal expression.

The office application segment commanded a market share exceeding 45% in 2023 and is expected to grow significantly till 2032, attributed to the increasing number of businesses and corporate entities globally.

North America stationery products industry held a revenue share of more than 30% in 2023 and is set to gain traction till 2032, fueled by robust education sector and a large population engaged in various levels of learning.

Artline, BIC, Faber-Castell, Fullmark, Kokuyo Camlin, Linc Pens & Plastics Ltd., Maped, Mead, Muji, Navneet, Paper Mate are some of the major industry contenders.