Technavio expects global office stationary and supply market to surpass $217 billion by 2019

Renewable energy

 

This industry research report outlines the market forecast of office stationery and supplies until 2019. This research report segments the market by product categories (paper products, desk supplies, stationary and mailing supplies, computer and printing supplies, filing supplies, binding supplies, time tracking supplies, supplies for hanging, and identification supplies). Market shares for Americas, Europe, APAC, and MEA. The leading vendors analyzed in this report include Costco, Office Depot, Staples, Tesco, and Walmart.

Technavio’s market research analysts estimate the global office stationary and supply market, to grow at a CAGR of 2% between 2015 and 2019. Of late, the market is witnessing a shift towards the use of natural and green products. The increasing demand for natural and recyclable products has encouraged the manufacturers to launch recycled stationery and supply products. Americas is the largest revenue contributor to the global office stationary ad supply market, accounting for 54% of the total market share. Product innovation and technological advancement are the major growth drivers of this market. The US is the largest contributing country in the global market with a market share of close to 10.39%.

The new market research report from Technavio provides a breakdown and analysis of the office stationary and supply segments by technology. 

“The market is witnessing huge demand for computer/printer supplies, thanks to IT integration and industry automation. IT involvement has computerized and digitized various business operations, which has necessitates the increase in supply for office items, especially toner cartridges and disks. The rising demand for these products have created huge opportunities for the manufacturers and the retailers in product innovation through technology advancement,” says Brijesh Kumar Chaubey, Lead Analyst, Consumer & Retail, Technavio Research.

The paper products segment dominated the global office stationery and supply market in 2014. Developed markets such as the US, the UK, Japan, Germany, France etc. drive the growth of this segment. But, the increasing per capita consumption of paper products in the emerging markets such as China, Brazil, India, etc. is likely to emerge as key growth drivers for this product segment until 2019.

The key vendors in the global office stationary and supply market include Costco, Office Depot, Staples, Tesco, and Walmart. This market is highly fragmented with the presence of major retailers and small and mid-size retailers. Staples is the largest player in the global office stationery and supply market with a market share of almost 10%.

A more detailed analysis is available in the Technavio report, Global Office Stationary and Supply Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

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