IMARC Group’s report titled ” School Stationery Supplies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032″, offers a comprehensive analysis of the industry, which comprises insights on the global school stationery supplies market growth. The global market size reached US$ 95.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 127.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.
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Factors Affecting the Growth of the School Stationery Supplies Industry:
Rising Focus on Education:
The growing demand for school stationery supplies on account of the rising focus on education is offering a positive market outlook. In line with this, the increasing adoption of interactive and creative learning approaches is contributing to the market growth. Moreover, people are purchasing innovative stationery supplies that facilitate active learning. Besides this, products like whiteboards, colorful markers, educational posters, and interactive notebooks offer enhanced learning experiences to individuals. Furthermore, the rising adoption of project-based learning and science, technology, engineering, and mathematics (STEM) education is propelling the market growth.
Increasing Population:
The escalating demand for school stationery items due to the increasing population around the world is bolstering the growth of the market. Apart from this, there is a rise in the need for stationery products, as more children are taking admissions in schools. Moreover, the increasing number of schools and educational institutions across the globe is supporting the market growth. In line with this, the growing utilization of high-quality stationery items that offer enhanced durability is positively influencing the market.
Growing Demand for Hybrid Stationery Products:
Students and educators are widely utilizing notebooks, pens, and other supplies alongside digital tools for note-making and sketching, which is contributing to the growth of the market. In line with this, the rising development of hybrid stationery products that are designed to enhance the digital learning experience, such as smart notebooks, that can be easily scanned and digitized, is supporting the market growth. Furthermore, students are increasingly preferring stationery products that offer enhanced convenience and improve their learning skills, which is impelling the market growth.
Leading Companies Operating in the Global School Stationery Supplies Industry:
- Pilot Pen Corporation of America
- Kokuyo Camlin Ltd.
- Newell Brands, Inc.
- BIC Group
- ACCO Brands
- ADVEO FRANCE SAS
- Ardent Business Group Ltd
- El Corte Inglés S.A.
- Herlitz (Pelikan Vertriebsgesellschaft mbH & Co. KG[AB1])
- KAUT-BULLINGER & CO GmbH & Co.KG
- Lyreco SAS
- METRO Cash and Carry India Private Limited
- Ryman Ltd
- WH Smith High Street Limited
School Stationery Supplies Market Report Segmentation:
By Product:
- Paper Products
- Writing Instruments
- Computer and Printer Supplies
- Others
Paper products represented the largest segment due to the rising demand for notepads and notebooks.
By Distribution Channel:
- Stationery and Book Shops
- Supermarkets and Hypermarkets
- Online
- Others
Stationery and book shops hold the biggest market share on account of the increasing demand for stationery products at one place.
By End User:
- K-12
- Higher Education
K-12 accounted for the largest market share as students require several stationery items, including notebooks, pencils, pens, erasers, and rulers.
Regional Insights:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys the leading position in the school stationery supplies market on account of its well-developed education infrastructure, with numerous schools, colleges, and universities.
Global School Stationery Supplies Market Trends:
The growing demand for school stationery due to the rising social media influence on individuals is offering a positive market outlook. In line with this, social media platforms assist in attracting a large consumer base across the globe, which is bolstering the growth of the market. The escalating demand for eco-friendly and sustainable stationery products on account of the rising awareness among individuals about environmental issues is propelling the market growth. In addition, companies are prioritizing sustainability in their offerings to attract eco-conscious individuals.
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