India Art Stationery Market (2018-2024) | Size, industry, Share, Growth, Revenue, Analysis, Forecast, Trends, value, industry & Outlook

Latest Development (2022) in India Art Stationery Market

India Art Stationery Market witnessed many changes in the past few years like the “Magical Math Adventure” is a book that lets kids learn calculations through discoveries and explorations. Glamorous glitter effects text liner metallic in new colors, hand lettering set starter kit. Classmate launched its series of products ranging from notebooks to pens, mechanical pens, etc. Apsara platinum and matt magic pencil are also some of the innovations by the companies. Companies are also launching animation-based product that helps students in learning and understand.

Arts Master Africa Competition is expected to provide lucrative opportunities for the growth of the market. The event encourages people and young artists to showcase their creativity in the competition which will further boost the demand for Art stationery.

India Art Stationery Market Synopsis

The India art stationery market report comprehensively covers the India Art Stationery Market by types, product types, end users, and regions. The India art stationery market outlook report gives an unbiased and detailed analysis of the India art stationery market trends, opportunities, and market drivers that would help stakeholders to design and align their market strategies according to the current and future market dynamics.

Growing urbanization coupled with increasing modernization in urban areas is leading to the adoption of art as a career option which is further proliferating the growth of the market. Improvement in the standard of living along with a surging number of schools and increasing focus on extra-curricular activities are propelling the growth of the industry. Growing initiatives taken by the government of the country such as Sarva Shiksha Abhiyan in order to promote quality education are driving the growth of the industry. Additionally, the changing preference of students towards art and craft is also providing lucrative opportunities to the market.

The increasing enrolment rate in elementary education, growing awareness regarding visual arts, and government initiatives to improve the quality of education in India are factors that would surge the demand for art stationery products such as crayons, pencil colors, and acrylic colors over the next six years.

According to 6Wresearch, the India art stationery market size is expected to register a CAGR of 13.8% during 2018-2024. Crayons and pencil colors dominated the Indian art stationery market in 2017 in revenue terms, as these products are primarily used by the school-going population of the country. According to U-DISE, more than 210 million students were enrolled in 1.5 million elementary schools in the country in 2016-17. Further, changing the career preferences of students from traditional courses to arts and humanities is likely to have a positive impact on the growth of the Indian art stationery market during 2018-24. The government of India is also promoting the expansion of the visual arts industry and several international art auction companies such as Saffronart, Christie, Sotheby, and AstaGuru are also expanding their footprint in India.

Market Analysis By Types

Oil and acrylic colors are expected to capture the highest India art stationery market share during the forecast period on account of their increasing demand among professional artists. Further, several companies are also expanding their product portfolio to include more fine art stationery products

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2014 to 2017.
• Base Year: 2017.
• Forecast Data until 2024.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Art Stationery Market Overview
• India Art Stationery Market Outlook
• India Art Stationery Market Forecast
• Historical Data of India Art Stationery Market Revenues for the Period 2014-2017
• India Art Stationery Market Size & India Art Stationery Market Forecast of Revenues, until 2024
• Historical Data of India Art Stationery Market Revenues for the Period 2014-2017, By Types
• Market Size & Forecast of India Art Stationery Market Revenues until 2024, By Types
• Historical Data of India Art Stationery Market Revenues for the Period 2014-2017, By End User
• Market Size & Forecast of India Art Stationery Market Revenues until 2024, By End User
• Historical Data of India Art Stationery Market Revenues for the Period 2014-2017, By Regions
• Market Size & Forecast of India Art Stationery Market Revenues until 2024, By Regions
• Market Drivers and Restraints
• India Art Stationery Market Trends and Developments
• India Art Stationery Market Share, By Players 
• India Art Stationery Market Overview on Competitive Landscape
• Company Profiles
• Strategic Recommendations

Markets Covered

The India art stationery market report provides a detailed analysis of the following market segments:

• By Types:

    o Crayons
              ■ Wax Crayons
              ■ Plastic Crayons
    o Pencil Colors
    o Oil Colors
    o Sketch Pens
    o Oil Pastels
    o Poster Colors
    o Acrylic Colors
    o Other Art Stationery

By End Users:

• Students
• Professional and Hobby Artists

By Regions:

• Northern
• Eastern 
• Western
• Southern

India Art Stationery Market: FAQs