School Stationery Supplies Market Report, Size, Share, Trends and Forecast to 2024

According to the latest report by IMARC Group titled, “School Stationery Supplies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the school stationery supplies market size is expected to grow at a CAGR of around 3% during 2019-2024.

School stationery supplies are an inseparable part of the education system and are used for basic learning as well as developing creativity among students. These supplies generally include pencils, papers, sketch pens, erasers, notebooks, pencil cases, etc. They are made using a wide variety of materials such as wood, metal, paper, plastic and cardboard.

Over the years, rapid development in printing technology and software have enabled the manufacturers to print popular cartoon characters on the stationery products. This provides the consumers with highly customizable designs, which in turn, is driving the market growth. Apart from this, various retail channels such as supermarket, stores and online platforms have been gaining popularity among parents and educational institutes for procuring these supplies. The strong distribution network helps in further stimulating the market growth. Moreover, the key vendors in the market are increasingly emphasizing on developing innovative products to gain a competitive advantage. Some of the other growth inducing factors include rising literacy rates and growing educational spending, particularly in the developing regions.

The report has also examined the competitive landscape of global school stationery supplies market. Some of the major players in the market are Pilot, Kokuyo Camlin, Newell Rubbermaid, Societe BIC, ACCO Brands, Adveo, Ardent Group, El Corte Ingles, Herlitz, Kaut-Bullinger, Lyreco, Metro, Ryman Group, WHSmith, etc.

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