Overview of the office stationery and supplies B2B market in the US
Office stationery and supplies are primarily created by plastic or paper and the excessive use of paper resulting in deforestation. Also, plastic is non-biodegradable and emits poisonous gases into the environment. This will subsequently drive the demand for green products and our market research study has identified this preference for green products as one of the primary factors driving the growth of the office stationery and supplies B2B market in the US. With the growing preference, the vendors are focusing on offering eco-friendly and green stationery and office supply products. Retailers such as Wal-Mart Stores and Costco Wholesale Corporation are also concentrating on offering green office supplies. 3M is a major manufacturer offering green office supply items such as Post-It Super Sticky Notes. With the introduction of green products, the office stationery, and supplies B2B market in the US will witness considerable growth in the coming years. Our market research analysts have estimated that the market will register a revenue of more than USD 88 billion by 2021.
Leading vendors in the office stationery and supplies B2B market are promoting and advertising their products on popular social media websites such as Facebook, Pinterest, Instagram, and YouTube. Social media campaigning and digital marketing tools increase product visibility and expand the market presence of the vendors. Key players in the office stationery and supplies B2B market in the US are offering products through company-owned web portals and third-party e-retailing websites and are also focusing on omnichannel marketing channels.
Competitive landscape and key vendors
The office stationery and supplies B2B market in the US is significantly fragmented owing to the presence of several international and regional vendors. Vendors in the B2B office supplies and stationery market are competing intensely in terms of product offerings and geographical presence. To increase their market presence, the vendors are investing heavily in omnichannel marketing and online marketing activities.
Some of the leading vendors in the market are
- Costco Wholesale Corporation
- Office Depot
- Staples
- Target
- Wal-Mart Stores
The other prominent vendors in the market are 3M, Alibaba Group, Amazon.com, Best Buy, and FedEx.
Segmentation by product and analysis of the office stationery and supplies B2B market in the US
- Paper products
- Desk supplies
- Stationery and mailing supplies
- Computer and printer supplies
- Filing supplies
- Binding supplies
- Time tracking supplies
- Hanging supplies
- Identification supplies
Paper products are the most commonly used office stationery and supplies. However, due to increased automation and growing digitization, the demand for paper products is declining marginally. Moreover, the growing environmental constraints and stringent government rules and regulations is also reducing the sales of paper products in the B2B office supplies and stationery market.
Segmentation by distribution channel and analysis of the office stationery and supplies B2B market in the US
Consumers prefer the offline distribution channel to purchase stationery goods since they wish to examine the office stationaries and supplies and analyze their quality before making purchases. According to our analysis, retail outlets such as specialty stores, department stores, hypermarkets, and supermarkets will be the major revenue contributor to the growth of the B2B office supplies and stationery market throughout the next few years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the office stationery and supplies B2B market in the US?
- What are the key market trends impacting the growth of the office stationery and supplies B2B market in the US?
- What are the challenges to market growth?
- Who are the key vendors in the office stationery and supplies B2B market in the US?
- What are the market opportunities and threats faced by the vendors in the office stationery and supplies B2B market in the US?
- Trending factors influencing the market shares of the US.
- What are the key outcomes of the five forces analysis of the office stationery and supplies B2B market in the US?
Technavio also offers customization on reports based on specific client requirement.