School and College Essentials
Outlook of the global school furniture market
Technavio’s market research analyst predicts the global school furniture market to grow steadily at a CAGR of around 16% during the forecast period. The rising demand for ergonomically designed furniture is the primary growth driver for this market. Recently, it has been observed that the educators are paying close attention to the evolving needs of their students and teachers regarding seating arrangements as they are becoming more concerned about the adverse effects of unsuitable and uncomfortable desks and chairs used in classrooms. Since traditional furniture designs affect the long-term physical health of users, the demand for ergonomically designed furniture will increase rapidly during the predicted period.
The demand for modern furniture is also growing rapidly due to the recent change in teaching methodologies. Present day teaching involves students through collaborative and social learning methods. Hence, to organize classrooms and support group activities, the furniture should be portable. This increase in the demand for portable furniture will bolster the prospects for growth in this market during the forecast period.
Segmentation by product and analysis of the school furniture market
- Lab equipment
In 2015, the global school furniture market was dominated by the seating furniture segment, which accounted for a total market share of more than 50%. Since this segment includes items like tables, chairs, and desks, its sales during the forecast period will be driven either by first-time purchases or by the need for replacements and refurbishment.
Geographical segmentation of the school furniture market
Overview of the global school stationery supplies market
Technavio’s market research analyst predicts the global school stationery supplies market to grow at a CAGR of almost 4% by 2020. The increase in education expenditure, especially in the developing countries, is accelerating the demand for unique school stationery supplies. Consumers are increasingly demanding for customized school stationery for unique identification of their products. This has propelled manufacturers to come up with several product innovations that offer additional utilities and value-added benefits. For instance, pencils have become multi-functional as they are writing instruments as well as a stylus. The development of new products will augment growth prospects for this market during the forecast period.
One of the latest trends expected to gain traction in this market is the growing demand for high-quality stationery with multi-purpose and innovative functionalities. Advancements in printing technologies and developments in software are providing new opportunities for customization of products. For instance, various vendors have developed notebooks with attractive covers and inspirational quotes. Also, manufacturers are coming up with various stationery products in many colors, depicting cartoons characters, and LED lights.
Segmentation by products and analysis of the school stationery supplies market
- Paper products
- Writing instruments
- Computer and daily uses
During 2015, the paper-based products constituted more than 50% of the overall school stationery supplies market and is expected to continue its dominance in the market during the forecast period. Much of this segment’s growth comes from the high adoption of e-learning methodologies. Vendors are offering personalized notebooks, with creative covers, quotes, and other appealing designs to attract
Overview of the stationery and cards market in North America
Market research analysts at Technavio have predicted that the stationery and cards market in North America will grow steadily at a CAGR of around 5% by 2020. This market research analysis identifies the increase in demand for personalized stationery among corporate organizations and individuals as one of the primary factors that will drive the growth of this market in the coming years. Advances in printing technologies and developments in software are providing new opportunities for personalization of products. To meet the consumers' desire for stylish alternatives, manufacturers have started improvising on the traditional stationery items, in terms of design and usage.
The rise in demand for high-quality stationery items from organizations across the region has increased the demand for innovative products in the market. Vendors are increasingly focusing on introducing improved versions of products by adding innovative features and designs. Since the industry primarily uses natural resources as raw materials to manufacture items, the vendors are developing eco-friendly stationery items to meet multiple environmental standards and regulations as enforced by the governments. This emphasis on innovative and eco-friendly products will be one of the major trends that will gain traction in this market during the forecast period.
Segmentation by product type and analysis of the stationery and cards market in North America
During 2015, the stationery segment accounted for about 76% of the total market share and dominated the stationery and cards market in North America. Since the demand for stationery products is dependent on daily operational needs, the market is consistent.
Overview of the office stationery market in Europe
Over the last couple of decades, computer usage has transformed the way people and businesses communicate. Content digitization and new communication methods have propelled the need for newer products in the computer and printer supplies segment. Most vendors are repositioning their product range and supplying eco-friendly items to meet changing demand patterns. The market for office stationery and supplies is recovering from the economic downturn in 2008 and organizations are now ordering almost at pre-recession levels. Technavio’s market research analyst predicts the market to grow slowly and steadily at a CAGR of just over 2% by 2020.
With an increased use of computers, tablets, and phones, some vendors are focused on supplying consumables like PC covers, mouse pads, disk storage containers, and USB devices with higher memory. As far as paper products are concerned, there is a noticeable shift towards luxury stationery and high-end writing instruments. Personalizing stationery and other items are a popular way to garner market share. Due to the introduction of stringent environmental regulations in Europe, vendors have been compelled to develop eco-friendly items like stationery, pens, or printer inks. As a result, manufacturers in this niche market are facing less competition and are generating higher returns.
Product-based segmentation of the office stationery market
- Filing and mailing supplies
- Desk supplies
- Computer and printer supplies
Even though computer usage has reduced the need for printing documents and by extension the need for paper, this is still the largest segment in the global stationery market. According to Technavio’s market research analysts, this segment is estimated
About Office Presentation Material
Office presentation materials include planning boards, wall boards, white boards, flipcharts and accessories, calendars, and year planners that are used on a regular basis in offices. They include merchandise used on an everyday basis, such as pens; pencils; markers/highlighters; business cards; envelopes; adhesives; files and folders; post-it notes; staples; paper clips; and equipment such as binders, punches, laminators, and staplers. These equipment are a vital part of everyday business activity. Technavio's analysts forecast the global presentation material market to grow at a CAGR of 2.36% during the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global office presentation material market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of office presentation materials in the global market.
The market is divided into the following segments based on geography:
• Latin America
• North America
The report presents the vendor landscape and a corresponding detailed analysis of the top three vendors in the market. In addition, it discusses the key drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
• North America
• Latin America
• Office Depot
Other Prominent Vendors
• Avery Dennison
• Best Buy
• Exacompta Clairefontaine
• United Stationers
• UPS store