London, 23 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the stationery and cards market in Japan 2015-2019, which is estimated to grow at a CAGR of 0.37% during 2014-2019.
The stationery and cards market in Japan is predominantly driven by the growth of exports of manufactured stationery products to other countries. There is high demand for stationery and cards from other countries because of the high quality, and this has also led to vendors spending on overseas expansion, setting up production facilities outside Japan.
“The vendors in the market are enhancing R&D capabilities and taking initiatives to reduce production costs by optimizing the efficiency of their operations,” says Faisal Ghaus, Vice President of Technavio.
“Along with spending on R&D to develop innovative products, vendors are investing in cost-effective production systems to contain costs.”
Key Market Drivers
- Increase in Exports
- Demand for Innovative Products
- Production of Eco-friendly Products
Key Market Trends
- Setup of Production Plants in Emerging Economies
- Investment in Cost-effective Production Systems
- Increase in Value-added Products
- Customization
- Repositioning as Gifts
Key Market Vendors
- King Jim Ltd.
- Kokuyo
- Nihon Hallmark
- Pentel Co. Ltd.
- Pilot Corp.
- Shachihata
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
