Albany, NY -- (SBWIRE) -- 07/19/2017 -- Digitization has altered the way consumers connect and communicate. This is transforming the stationery market by impacting the demand for these products as well as the design. The need for printing has reduced considerably as the digitization of several business processes, such as mail, forms, and data, has eliminated the need for traditional paper-based stationery products. Part of the reason for the growing digitization is that organizations increasingly prefer a paperless environment.
The office stationery market in Europe to grow at a CAGR of 2.4% during the period 2016-2020. A paperless office environment renders the operations cost-effective and eco-friendly. Organizations consider a paperless environment an effective way to manage communication materials, as it increases accuracy in tracking and maintaining data. Vendors are thus making efforts to re-position and integrate stationery and cards in the current communication scenario with the help of technology.
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The report covers the present scenario and the growth prospects of the office stationery market in Europe for 2016-2020. For the calculation of the market size, the report considers revenue generated from the commercial sales of office stationery and supply products from retail stores.
The market is divided into the following segments based on categories:
- Paper products
- Desk supplies
- Filing and mailing supplies
- Computer and printer supplies
- Others: binding supplies, time tracking supplies, and identification supplies
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Technavio's report, Office Stationary Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- 3M
- BIC
- Hamelin Brands
- Lyreco Group
Other prominent vendors
- ACCO Brands
- Adveo
- Ardent Group
- El Corte Ingls
- Herlitz
- Kaut-Bullinger
- Metro
- Ryman Group
- WH Smith
Market driver
- Advanced product offerings
- For a full, detailed list, view our report
Market challenge
- Volatility in revenue generation
- For a full, detailed list, view our report
Market trend
- Rise in levels of youth employment
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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