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Stationery Products Market To Reflect Tremendous Growth Potential With A CAGR Of 5.1% By 2025: Grand View Research Inc.

Stationery Products Market To Reflect Tremendous Growth Potential With A CAGR Of 5.1% By 2025: Grand View Research Inc.
“”Grand View Research, Inc. – Market Research And Consulting.””
According to a recent report published by Grand View Research Inc., rapid rise in educational institutions and the growing inclination of the young population towards perusing higher education across the globe are the key factors for market expansion.

According to a report, “Stationery Products Market Size, Share & Trends Analysis Report By Product (Paper Based, Ink Based), By Application (Educational Institutes, Corporates), By Region, And Segment Forecasts, 2019– 2025”, published by Grand View Research, Inc. The global stationery products market size is expected to reach USD 1 128.5 billion by 2025, registering a CAGR of 5.1%, as per a new report by Grand View Research Inc. Growth in the global literacy rates across the globe and an increasing inclining towards higher education are the prominent factors for market growth. 

The rapid rise in the number of start-ups is fueling the market growth. As per a recent report published by NASSCOM, more than 1200 startups were established in 2018. This has resulted in increased employment in numerous industrial sectors and is positively affecting the overall market progression. Also, government initiatives have surged the number of schools and colleges in both urban and rural areas, which is driving the growth. 

The paper based segment dominated the market, accounting a share of 30.4% in 2018. Despite digitization revolutionizing the industries, paper usage for printing remains the same. Rise in the number of academic institutions in emerging countries such as India is also likely to driving the segment over the forecast period. The ink based segment is anticipated to expand at the fastest CAGR of 5.7% during the forecast period. The trend of purchasing luxury pens as a status symbol is driving the market.

U.S. stationery products market size, by application, 2015 - 2025 (USD Billion) 

Stationery Products Market Highlights

  1. Sun-Star Stationery Co. Ltd in January 2021 launched its Slidable Pouch DELDE in the U.S. The unique product has the flexibility of transforming itself from a multipurpose slidable pen pouch to a cosmetic or gadget pouch

  2. In January 2021, new LEGO Stationery products was launched at the official online LEGO store to offer its users innovative ways to decorate their desks

  3. Latham & Watkins LLP has advised the pan-European private equity firm’s EMZ Partners on a significant shareholding in celebrate company, which is the leading European online supplier of personalized stationery and photo products. As of February 2021, transaction is yet to receive regulatory approval

  4. The paper based was the leading segment within the stationery products market and held a share of 30.4% in 2018

  5. Countries including Saudi Arabia and South Africa are projected to witness a staggering growth due to the rising inclination toward education, which has led to a boom in the number of educational institutes

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Stationery Products Market Segmentation

Grand View Research has segmented the global stationery products market on the basis of product, application, and region:

Stationery Products Outlook (Revenue, USD Billion, 2015 – 2025)

  • Paper Based

  • Ink Based

  • Art Based

  • Others

Stationery Products Application Outlook (Revenue, USD Billion, 2015 – 2025)

  • Educational Institutes

  • Corporates

  • Others

Stationery Products Regional Outlook (Revenue, USD Billion, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

  • MEA

    • South Africa

  • CSA

    • Brazil

List of Players in Stationery Products Market

  1.  Faber-Castlle

  2. 3M

  3. Staedtler

  4. Maped

  5. Muji

  6. Artline

  7. Fullmark

  8. Reynolds Pens

  9. Linc Pens & Plastics Ltd.

  10. Mead

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About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.
Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Country: United States

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