The size of the global school supplies market will increase almost USD 15.12 billion between 2020-2024, accelerating at a CAGR of over 3% during the forecast period. This growth in market size will be attributed to numerous factors such as the increase in education expenditure, especially in the developing countries, and several omnichannel retail including retail stores, marketplaces, and online platforms gaining popularity that have a wide range of school stationery products.
Some of the major emerging trends expected to gain traction in the school supplies market are product innovations in notebooks and the growing demand for high-quality stationery with multi-purpose. Advancements in printing technologies and developments in software are providing new opportunities for customization of products. This has propelled manufacturers to come up with several product innovations that offer additional utilities and value-added benefits.
Latest Reports
Within the school supplies industry analysis market, our research coverage spans across various market segments including:
We at Technavio, with our comprehensive understanding of the school supplies market, have been monitoring the latest school supplies industry trends to develop an in-depth portfolio of school supplies market reports that are based on a broad knowledge of this educational sphere. Our school supplies market research covers the following: