According to a new report published by KD Market Insights, titled, “Stationery Products Market Insights, Trends, Opportunity & Forecast, 2021–2026,” the global stationery products market size is anticipated to witness moderate growth during the forecast period i.e. 2021-2026. Factors such as the soaring literacy rates in developing and developed regions coupled, the increasing number of youths inclining towards education, the changing consumer preferences and the growing investment by companies in the marketing, launch and innovation of products are the major factors augmenting the growth of the global stationery market.

The escalating trend of using personalized stationery for office use along with gifting purpose as a marketing strategy and the increasing number of advancements in printing technology are expected to provide lucrative opportunities for the growth of global stationery products market during 2021-2026.

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Asia-Pacific market held the largest market share in 2020 and is expected to retain its dominance during the forecast period. The proliferating usage of various types of stationery products and raising number of educational institutes in the urban and rural areas are propelling the Asia Pacific stationery products market. Additionally, the increasing population and improved lifestyle of people in the region are also expected to contribute towards the growth of the stationery products market in the region.

According to product type, the paper-based segment held the major market share in 2020 and is expected to retain its dominance during the forecast period. Paper is one of the most widely used stationery products in the world and is currently witnessing increasing applications in government offices, educational institutions, architectures and other areas. This increasing demand and usage of paper across various industry verticals across the globe is expected to propel the growth of the paper-based segment in the forecast years. According to application, the educational institutes segment held the major market share in 2020 and is expected to continue to account for the largest share throughout the forecast period. The presence of large number of colleges and schools, the raising population and the bolstering trend of studying abroad contributes towards the growth of this segment.

The global stationery products market is segmented into product type, application, distribution channel and region. Based on product type, the market is bifurcated into paper-based, ink-based and art-based. Based on application, it is classified into educational institutes and corporates. Based on distribution channel, it is classified into hypermarkets/supermarket, specialty stores, brand stores, convenience and online sales channel.

The global stationery products market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Stationery Products Market

  • On the basis of product type, the paper-based segment held the major market share in 2020 and is expected to retain its dominance during the forecast period.
  • On the basis of application, the educational institutes segment held the major market share in 2020 and is expected to continue to account for the largest share throughout the forecast period.
  • On the basis of region, Asia-Pacific market held the largest market share in 2020 and is expected to retain its dominance over the period of forecast.

Some of the major stationery products companies profiled in the report include Linc Pens & Plastics Ltd., Fullmark, 3M, Muji, Staedtler, Maped, Artline, Faber-Castlle, Reynolds Pens, and Mead.

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By saddam

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