The global stationery products market size was valued at USD 145.02 billion in 2022. The industry is expected to expand from USD 151.46 billion in 2023 to USD 213.11 billion by 2030, exhibiting a CAGR of 5.00% over the study period.
Stationery products or items refer to the utility items for daily usage at offices, schools, or homes. The growing number of educational centers and offices across the globe bolsters the demand for the product at a macro level, impelling the market growth.
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List of Key Players Mentioned in the Report:
Segmentation:
Paper Products Segment Dominate Due to Surging Demand for Paper Products
In terms of type, the market is classified into writing instruments, paper products, art & craft, and others. The paper products segment accounts for the largest stationery products market share due to growing demand for paper items across residential applications, schools, offices, and other educational institutes.
Notable Growth in the Number of Households Boosted the Residential Segment Growth
With respect to application, the market is bifurcated into commercial and residential. The residential segment held the largest market share in 2022 due to substantial growth in the number of households across the globe.
Tactile Experience Offered by Offline Shopping to Drive the Segment Growth