Based on type, paper products attained the largest revenue share in the United Kingdom Stationery Market – 6Wresearch
By product type, paper products garnered the highest revenue share in United Kingdom Stationery Industry due to its vast usage among employees and students. In addition, with growing government initiative to boost the education sector along with growing international students would create a demand for paper products like notebook in the future.
According to 6Wresearch, United Kingdom Stationery Market size is projected to grow at a CAGR of 2.6% during 2023-2029. The United Kingdom stationery market growth is majorly driven by the education sector, with students accounting for a significant proportion of sales. In 2019, the government of United Kingdom launched International Education Strategy aiming to increase the numbers of international higher education students studying in the UK to 600,000 per year till 2030. Additionally, ongoing government initiative such as National Tutoring Programme, National Skills Fund, Kickstart Scheme, among others to boost the education sector and to increase the employment contributed to the stationery market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, by sales channel, offline channel dominates the United Kingdom stationery market as it is the most traditional and preferred way of purchasing stationery products by consumer since there is an ease of availability of retail stores in every locality offering promotional offers and competitive pricing along with increasing numbers of convenient stores, hypermarkets and supermarkets across the country.
The United Kingdom Stationery Market (2023-2029) report provides an in-depth analysis with 14 figures and 8 tables, covered in 64 pages. The report comprehensively covers the market by type, sales channel, and application. The report provides a detailed as well as unbiased analysis of the on-going 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 to the latest and future market dynamics.
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