India Stationery Market has registered substantial growth in the past few years owing to the growing urban population, changing lifestyle, and increasing demand for stationery products in the private and public sector among with growing government initiatives in improving education system such as Sarva Shiksha Abhiyan (SSA), Rashtriya Madhyamik Shiksha Abhiyan (RMSA). Moreover, the rising brand awareness, increasing adult literacy rate, and the growing number of start-ups would further boost the demand for the stationery market in India.
According to 6wresearch, the India Stationery Market size is expected to grow during 2020-2026. In India, the Stationery Market is projected to register a decline in economic growth during the first quarter of 2020 due to the coronavirus pandemic which has a worse impact on worldwide business. However, during the second half of 2020-2026, the Stationery Market in India is anticipated to recover with healthy growth in the economy. In application, the education segment is leading major revenue in the stationery market share in India on account of growing educational structure, providing quality education, promoting equality in education, increasing employment in the education sector, and surging number of educational institutes in the country.
On the basis of the product, the stationery market is segmented into paper, writing instruments, office stationery, and others. The paper segment is expected to dominate a large revenue share in the stationery market during the forecast period in India on account of the growing need for paper in both the educational and corporate sectors, changing consumer preference, and ban on plastic.
The India Stationery Market report thoroughly covers the India Stationery Market by product and application. The India Stationery Market outlook report provides an unbiased and detailed analysis of the on-going India Stationery Market trends, opportunities/high growth areas, market drivers, and India Stationery Market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
India stationery market is projected to witness optimistic growth during the forecast period 2020-26F on the back of the rising literacy rate in rural areas. Further, rising eCommerce platforms of stationery equipment and digitalization in the retail sector which not only confined to physical distribution but also selling a stationery product online are estimated to generate high sales revenues in the coming timeframe owing to rising covid-19 prevalence in 2020 which has led to stimulating population to order to stationery instruments online especially kids books which ensure safety from the spread of coronavirus disease and is estimated to leave a positive impact over the market growth in the upcoming six years and would benefit the India stationery market in the upcoming six years.
India stationery market is projected to register sound revenues during the forecast period 2021-27F on the back of the rising government effort in providing free stationery products in the public schools. Additionally, on the basis of product type, the Ball pen is estimated to act as a growth proliferating factor in the market due to it serves a purpose in varied sectors activities like in the BFSI sector to fill account opening forms, in the examination hall during the exam and in Commercial offices, all these factors are estimated to drive significant demand for the stationery product and would benefit to register explosive growth of India Stationery Market in the coming timeframe.
Key Highlights of The Reports
- India Stationery Market Overview
- India Stationery Market Outlook
- India Stationery Market Forecast
- Historical Data of India Stationery Market Revenues and Volumes, for the Period 2016-2019.
- Market Size & Forecast of India Stationery Market Revenues and Volumes, until 2026.
- Historical Data of India Stationery Market Revenues and Volumes, by Product, for the Period 2016-2019.
- Market Size & Forecast of India Stationery Market Revenues and Volumes, by product, until 2026.
- Historical Data of India Stationery Market Revenues and Volumes, by application, for the Period 2016-2019.
- Market Size & Forecast of India Stationery Market Revenues and Volumes, by application, until 2026.
- Market Drivers and Restraints
- India Stationery Market Price Trends
- India Stationery Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- India Stationery Market Share, By Players
- India Stationery Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
The India Stationery Market report provides a detailed analysis of the following market segments:
- Writing Instrument
- Office Stationery