Stationery Products Market To Reach $151.96 Billion By 2030

Stationery Products Market Growth & Trends

The global stationery products market size is expected to reach USD 151.96 billion in 2030 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. Rapid rise in the number of educational institutions and inclination of the young population towards higher education across the globe are the prominent factors for the market growth.

The paper based segment held the largest share of 30.6% in 2023. Despite digitization hitting the industries, the usage of paper for printing remains the same. Growth in the number of coaching institutions in countries such as India is also likely to driving the segment in the forecast period. The ink based segment is expected to expand at the fastest CAGR of 4.9% over the forecast period. Growing trend of luxury pens as a status symbol is driving the market. Furthermore, product innovation is found to be the prominent factor for the market growth. For instance, introduction of waterproof ink pens and RGB pens has fuelled the market growth.

Educational institute is the largest application segment and it accounted during forcast. Rapid rise in the number of schools and colleges in rural areas has driven the segment. The corporate sector is anticipated to expand at a CAGR of 5.3% over the forecast period. High usage of items such as paper, staplers, and adhesives in the government sector as well in the private corporate sector is driving the market.

Asia Pacific is the largest regional stationery products market and the region accounted for 32.7% share of the overall revenue in 2023. India is one of the leading markets. Growing usage of the product in the rural areas due to replacement of traditional methods with the new stationery items is propelling the market growth in the region.

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Stationery Products Market Report Highlights

• The paper based segment led the stationery products market and held a share of 30.6% in 2023

• Countries such as South Africa and Saudi Arabia are projected to witness significant growth due to growing trend of education, which has led to an increase in the number of educational institutes

• By application, educational institutes are expected to witness the fastest growth in the forecast period.

Stationery Products Market Segmentation

Grand View Research has segmented the global stationery products market report based on product, application, and region:

Stationery Products Product Outlook (Revenue, USD Million, 2018 - 2030)

• Paper Based

• Ink Based

• Art Based

• Others

Stationery Products Application Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Educational Institutes

• Corporates

• Others

Stationery Products Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

• Europe

  • Germany

  • UK

• Asia Pacific

  • China

  • Japan

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

List of Key Players in Stationery Products Market

• Faber-Castell

• 3M

• STAEDTLER SE

• Maped

• MUJI INDIA.

• Artline India.

• Fullmark Pte Ltd.

• Reynolds Pens

• Linc Pens & Plastics Ltd.

• Mead