India Art Stationery Market size is projected to grow at a CAGR of 9.7% during 2023–2029

The offline segment on the basis of the sales channel, registered the maximum revenue share in India Art Stationery Market – 6Wresearch

By distribution channel, the offline segment acquired the largest revenue share in 2022 due to factors such as Indian consumers being accustomed to purchasing arts and stationery products from physical stores, limited reach of e-commerce etc. However, increasing internet penetration along with a rising number of online shoppers in India which is expected to reach 427 million by 2027 would be the key sources to push the online distribution channel to grow at a faster rate in coming years.

According to 6wresearch, India Art Stationery Market size is projected to grow at a CAGR of 9.7% during 2023–2029. Government initiatives, such as the Sarva Shiksha Abhiyan and Right to Education Act along with India’s growing youth population and increasing literacy rates have played a significant role to the sector's growth. Also, the emphasis on education for better employment opportunities and the demand for technical and professional courses would further push the sector's growth, which in return would drive art stationery market. India's school sector, including pre-schools and K-12, was valued at $117 billion in 2020, with projections of reaching $225 billion by 2025 on the back of increasing disposable income, private sector investments, and government initiatives in education. India's education budget surged by about 32.8% over five years, highlighting a substantial government commitment, while private companies like Dabur India and Mahindra are actively aiding rural education. Moreover, government initiatives and innovative learning methods, such as e-learning and m-learning, are poised to enhance and expand India's education sector.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, an increase in the population within the northern region could lead to a higher number of students, professionals, and individuals in need of stationery products. Also, Efforts to improve literacy rates and access to education can stimulate the demand for stationery products in the northern region, especially among students of all ages.

The India Art Stationery Market (2023-2029) report provides an in-depth analysis with 35 figures and 21 tables, covered 110 pages. The report comprehensively covers the market by types, products, sales channels, application, verticals, and regions. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.