London, 01 December 2014 – Despite lower consumer demand for stationery and cards and the related decline in profit margins, the Global Stationery and Cards Market is expected to grow at a CAGR of 5.63 percent from 2015-2019, says research firm TechNavio.
About the Report
The latest report from TechNavio highlights product innovations, which are having a direct impact on the growth of the Global Stationery and Cards Market. The market is witnessing a transition from basic cards and stationery to products providing newer utilities.
“It’s a challenging time for the Global Stationery and Cards Market. Consumers are moving to digital mediums, which is forcing vendors to reinvent their products with creative innovations in designs, formats and models,” says Faisal Ghaus, Vice President of TechNavio.
“A pin-less stapler is one of the notable innovations. It creates a hole to interlock paper, eliminating the need to use actual staples.”
Innovations are also manifested in terms of the materials used, such as specialty paper and eco-friendly materials. Notebooks, pens and inks in various colors are becoming design-led and are doubling up as fashion accessories, and stationery is increasingly being interwoven with technology.
“These innovations are driving growth in the market and are expected to contribute to its revenue during the forecast period,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Expansion of Businesses and Proliferation of Educational Institutions
- For a full detailed list, view our report.
Market Challenges:
- Digitalized Communications
- For a full detailed list, view our report.
Market Trends:
- Product Innovations
- For a full detailed list, view our report.
Key Vendors:
- Office Depot Inc.
- Staples Inc.
- Top Culture Co. Ltd.
- Wal-Mart Stores Inc.
Other Prominent Vendors:
- ACCO Brands
- Adveo
- El Corte Inglés
- Hallmark Cards
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
