Industry Background:
The term Stationery usually signifies an extensive variety of materials such as writing instruments, paper, office supplies, notebooks and greeting cards, etc. The modern definition of stationery now communicates more specifically to materials used for formal or personal correspondence. The stationery industry is mostly classified into school stationery writing instruments, office stationery and paper products. The industry is dominated by local or unorganized stationery players, a large number of organized players have arrived the industry.
This growth is primarily driven by Rising Number of Commercial Establishments and Office and Growing Demand for Personalized Stationery.
Globally, a noticeable market trend is evident Inclination toward Green Stationery Products. Major Vendors, such as ACCO Brands (United States), Adveo Group International (Spain), Ardent Business Group (United Kingdom), American Greetings (United States), El Corte Inglés (Spain), Herlitz (Slovakia), KOKUYO Co. Ltd. (Japan), Lyreco (France), WH Smith (United Kingdom), Costco Wholesale Corporation (United States) and Office Depot (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On May 10, 2019- KOKUYO Co., Ltd has announce that they will acquire all the equity as a limited liability member of PI Investment Limited Partnership which is managed and operated by Mercuria Investment Co., Ltd. The acquisition will create new value to continuously improve corporate value in the global stationary domain. and On June 3, 2019- Lyreco Group has announced the acquisition of DeskRight, a leading office supplies business on the Singapore market. The two companies will work together to capitalize on their complementary strengths and increase market share by improving client experience.
Market Drivers
- Rising Number of Commercial Establishments and Office
- Growing Demand for Personalized Stationery
Market Trend
- Inclination toward Green Stationery Products
Restraints
- Evolution of Digitalization
Opportunities
Development of New Business Models and Expanding Education Sector in Countries like India and China
Challenges
Highly Fragmented and Unorganized Retail Sector
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Stationery and Cards Study Sheds Light on
The Stationery and Cards Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Stationery and Cards industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Stationery and Cards industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.