How big is the Global Office Supplies market?
According to MarkNtel Advisors study, The Global Office Supplies Market size was valued at around USD 162 Billion in 2023 and is estimated to grow at a CAGR of about 1.8% during the forecast period, i.e., 2024-30.
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Global Office Supplies Market Key Trend
Turning The Office Space into A Smart and Green One – The incorporation of IoT has brought the consumers’ focus toward technology-based supplies for ease and added comfort. Technology-based chairs, smart projectors, and similar supplies have opened up new avenues for the market players. Moreover, the ongoing smart and green initiatives by companies further create opportunities for the stakeholders. The office space becoming smarter is all set to enhance the work efficiency and productivity of the workers. Besides, brands nowadays opt for recyclable and environmentally friendly supplies in order to present themselves as environmentally sensitive and garner the consumer’s attention. For instance, In April 2022, Brother International Corporation introduced a range of recycled plastic material-based office and school goods, including pens, pencils, markers, and correction tapes, in the U.S. In addition, evolving renovation and makeover concepts among business corporations have further led to market expansion in the past few years.
Leading Companies in the Global Office Supplies market:
- Amazon
- Aurora Corporation
- AT Cross Company
- Brother International Corporation
- Canon Inc.
- Dell Inc.
- Dixon Ticonderoga
- Domtar Corporation
- Epson
- Faber-Castell
- FUJIFILM Holdings Corporation
- HP Inc.
- Kokuyo
- Office Depot Inc.
- Seiko Epson Corporation
- Staples, Inc.
- Stanley Bostitch
- Tesco PLC
- WHSmith PLC
- Xerox Corporation
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Global Office Supplies Market Segmentation:
By Type
- Photocopiers
- Printers & Scanners
- Fax Machines
- Coin & Currency
- Counting Devices
- Writing Supplies
- Calendars
- Planners
- Organizers
- Stationary
- Others
Amongst them, Printer & Scanner supplies are projected to dominate the market during the forecast period. It owes principally to its ever-increasing requirements across the manufacturing, healthcare, & banking sectors, globally.
By Distribution Channel
- Supermarkets/Hypermarkets
- Stationery Stores
- Online Stores
- Other
Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Here, North America & Asia-Pacific are the most prominent contributors to the growth of the Office Supplies Market.
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