Global School Stationery Supplies Market to Reach $111.1 Billion By 2027

According to IMARC Group latest published report, the global school stationery supplies market size reached US$ 88.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 111.1 Billion by 2027, exhibiting a CAGR of 3.7% during 2022-2027.

School stationery supplies are an indispensable part of a student’s life. They are widely used to assist the users in performing basic tasks, such as writing, drawing and crafting. Some of the most commonly used stationery supplies include pencils, papers, pens, erasers, crayons, highlighters, sharpeners, notebooks, sketch pens and pencil boxes. Made from a variety of materials, including wood, paper, graphite, plastic and metal, these items are available in a variety of sizes, quality and designs. Several high-quality stationery items are also available that offer enhanced durability with various color schemes and price range.

COVID-19 Impact Analysis

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends

The increasing investments for developing educational infrastructure represents one of the key factors driving the market growth. In line with this, the growing number of recognized academic institutions, including schools, is providing a boost to the demand for durable and high-quality stationery supplies.

Furthermore, the emerging trend of product personalization is creating a positive outlook for the market. Several market players are launching notebooks, book covers, labels and pencil cases with customizable designs, which are widely gaining prominence among students. In addition to this, marketing strategies, such as collaborations with popular cartoon channels to launch character merchandise that appeals to the young demographic, are acting as another major growth-inducing factor.

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Competitive Scenario with Key Players:

The competitive landscape of the market has also been analyzed, with some of the key players being

Some of the major players in the market are: PILOT BANCSHARES INC (PLBN), KOKUYO CAMLIN LTD (KOKUYOCMLN.NS), Newell Brands Inc. (NWL), Société BIC (ENXTPA:BB), Acco Brands Corporation (ACCO), ADVEO GROUP INTERNATIONAL, S.A (ADV.MC), Ardent Group, El Corte Ingles, Herlitz, Kaut-Bullinger, Lyreco, Metro, Ryman Group, WH SMITH PLC ORD 22 6/67P (SMWH.L), etc.

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