To improve the website's functionality, we use cookies, including third-party cookies. Read our Privacy Policy for more information
I AgreeAnalysis of Stationery market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global stationery products market was expected to be valued at USD 24 billion in 2021-end, and it is projected to reach USD 30 billion by 2031, registering a CAGR of 4% during the forecast period 2021-2031.
Newly published data from Fact.MR establishes that the global stationery market is foreseen to grow sluggishly to touch approximately US$ 24 Bn by 2026. However, the long-term projections until 2031 appear stronger owing to steady demand from educational institutes and workplaces. The global market is projected to follow a 4% CAGR throughout the forecast period.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
From 2016 to 2020, stationery sales grew at a CAGR of 2%. 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.
However, sales prospects for stationery market according to Fact.MR- a market research and competitive intelligence provider- is projected to outstrip US$ 30 Bn with a growth rate of 4% from 2021-2031. In 2020, Asia and North America combined captured 60-62% of the market share for stationery, and is predicted to continue their dominance in the forthcoming years.
Rising inclination towards higher education is fuelling demand for different types of stationery products. Additionally, encouraging government initiatives have boosted the educational sector in recent years which is prospective to direct the market on a positive track.
Growth is expected to remain especially concentrated across the developing world, particularly in Asia. Countries such as India and China are extensively investing in primary, secondary and tertiary educational programs to cater to the requirements of an ever expanding millennial population.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
The demand for stationery products is likely to remain significantly heightened across the corporate sector. The ever increasing scale of businesses of corporate entities necessitates maintenance of records regarding employees, turnover, profits and other crucial aspects.
Consequently, demand for products such as files & folders, pens, pencils, markers, staplers and papers to document the aforementioned aspects is likely to sustain demand in forthcoming years. However, increased reliance on digital records is surpassing manual record keeping, which may restrict stationery uptake.
Customization in design and personalized printing has bridged the gap between the manufacturers and the consumers, which is likely to open new doors for market expansion.
Furthermore, comprehensive marketing strategies and brand campaigns are also anticipated to catalyse market growth. For instance, licensed collaborations with numerous child-based TV channels are prompting the manufacturers to print popular cartoon characters on stationery products.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
The U.S market for stationery is expected to account for nearly 1/3rd of the global revenue. Demand is expected to remain sustained primarily on the back of increased customization and aesthetic appeal trends.
Though offline retailing of office stationery and supplies suffered the brunt of the pandemic, the online sector is expected to bounce back once restrictions on e-commerce deliveries are lifted in the country. In the long-run, the U.S market is estimated to register a robust growth rate.
The value of China’s stationery market grew steadily over the past years and reached nearly US$ 18 Bn in 2019. The market is predicted to remain among the fastest-growing regional markets.
Domestic demand for stationery products has been increasing at an annualized 8.6% over the past 5 years, to account for US$ 19 Bn in 2020. The prominent manufacturers of Stationery and Office Supplies in China industry include Shanghai M&G Stationery Inc., Shenzhen Comix Stationery Co. Ltd., Huamao Group Co., Ltd., Deli Group Co., Ltd. and Lotus Stationery Co. Ltd.
As per the report, the paper-based segment accounted for a governing share of around 30%, and is anticipated to witness significant growth in the forecast period.
Despite digitization hitting the markets, papers are one of the most used stationery products, finding their application in printing. Additionally, the introduction of various coaching centres has directed to an upsurge in the usage of paper shortly.
Rising environmental awareness about biodegradability and health hazards caused by plastic packaging materials has surged the alternative adoption of paper products. Moreover, the availability of freshly cooked food in franchises like McDonald’s and food trucks has also witnessed a demand surge for paper bags.
Demand for pens reached a value of around US$ 12 Bn in 2020, and predicted to expand at a CAGR of around 5% owing to the increasing demand amongst millennials.
Based on product, it is the largest segment with nearly 35% share of the market. Furthermore, the availability of natural and recyclable materials used in the manufacturing process of pens has expanded the scope and demand for pens worldwide.
Manufacturers are coming up with new product offerings such as pens with the stylus, different coloured inks, and pencils in various sizes. Furthermore, companies are using innovative strategies to penetrate the application scope among students worldwide.
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.
Attribute |
Details |
Forecast Period |
2021-2031 |
Historical Data Available for |
2016-2020 |
Market Analysis |
US$ Mn for Value & ‘000 Units for Volume |
Key Regions Covered |
|
Key Countries Covered |
|
Key Companies Profiled |
|
- Premium Report Details -
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunities
Buy NowGet A Special pricing for start-ups and universities
Enquiry Before Buying- Humble, Yet Honored -
- Related Reports -
As of 2020, sales of stationery products reached a valuation of US$ 20 Bn according to Fact.MR
From 2016 to 2020, sales of Stationery expanded at approximately 2% CAGR
From 2021 to 2031, demand for stationery is expected to surge at approximately 4% CAGR
Customized designs and personalized printing are likely to open new doors for stationery products across key industries
Increasing inclination towards further education has surged the demand for stationery products worldwide.
The Asian market is projected to register a CAGR of around 5% during the forecast period.
KOKUYO Co Ltd, Shachihata Inc., Pentel, PILOT CORPORATION, Mitsubishi Corporation are some prominent plants based dairy manufacturers included in the report.
The paper products segment based on product is the fastest-growing segment, capturing 30% of global demand