Stationary market is reading the success story of own which somehow comprising by the paper stationary segment. :Bnafide Research.
Jul, 02

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Stationary market is reading the success story of own which somehow comprising by the paper stationary segment. :Bnafide Research.


With the second largest population of the world and higher literacy rate among country indicates the large potential for the use of stationary products especially paper stationary. _x000D_
From the registering one?€™s name on paper named birth certificate to claim one?€™s name on another paper named death certificate, each and every stage of life people use paper stationary for one and another activities. With the continuous efforts of government, India is experiencing higher literacy rate with development of rural and urban area. Challenging world makes parents show more concern about their children?€™s education among urban cities and various schemes encourage education in rural children. Higher number educated people lead more number of workplaces. Thus, the consumption of paper stationary at schools, colleges, and offices have increased._x000D_
According the report on 'India Stationary Market Outlook, 2023' published by Actual Market Research, India overall market of stationary is anticipated to grown with more than 8% CAGR over reviewing period from year 2011-12 to 2016-17. The total market of stationary is made from paper stationary and non-paper stationary products. Paper stationary market is further segmented into products for office use and non-office use. Non-paper stationary segment covers products such as writing instruments, office products, colours and other adhesive & technical instruments. In short, stationary market includes products like, notebooks, paper for office, pens, non paper for office, pencils, colours and much more types. Among this entire category, apart from dominating paper stationary, non paper stationary category is contributed major market share. Further, writing instrument has chunked the largest pie of the non stationary market with segment likewise, pen, pencil and others. All these lead to the one conclusion that evolving digitalisation has not yet proving as a threat for the stationary products as considering the potentiality of growth of market._x000D_
The paper stationary market has the dominating share in overall stationary market. It is expected that paper stationary market will grow at a CAGR of more than 5% in forecasted period. However, the stationary market is mostly dominating by the unorganised players; the organised players are trying to target the customer behaviour to change their reference from branded products. This will definitely resulted in growth of market of stationary products in near future. _x000D_
Major Companies_x000D_
Major companies that operate into the stationary market in India are ITC Limited, Doms Industries Private Limited, BIC Cello (India) Private Limited, Kokuyo Camlin Limited, Hindustan Pencils Private Limited, The West Coast Paper Mills Limited, Navneet Education Limited, Flair (India) Private Limited, Sundaram Multi Pap Limited, J K Paper Limited, Linc Pens & Plastic Limited._x000D_
Report: India Stationary Market Outlook, 2023_x000D_
Base Year: 2016-17, Estimated Year: 2017-18, Forecast Year: 2022-23_x000D_
Pages: 120 Figures: 44 Tables: 17_x000D_