NEW YORK, Aug. 30, 2021 /PRNewswire/ — The school stationery supplies market is expected to grow by USD 15.12 bn during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the school stationery supplies market in optimistic, probable, and pessimistic forecast scenarios.
Find extensive research with data synthesis and validation on the School Stationery Supplies Market report.
The school stationery supplies market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2020.
Companies across the globe are focusing on creating a Resilient Business Model in the Face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.
The recovery process involves various phases including:-
- Recognizing the existing business model
- Focusing on agile execution of proposed and approved changes.
- Assessing Impact on Critical IT infrastructure and Software System
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Key Market Participants Analysis
- ACCO Brands Corp.– The company offers school product brands including Mead,
- ADVEO France SAS – The company offers school supplies such as stationery and drawing and craft supplies under the brands Calipage and Plein Ciel.
- BIC Group – The company offers school supplies.
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School Stationery Supplies Market 2020-2024: Segmentation
The school stationery supplies market is segmented as below:
- Paper Products
- Computer And Daily Use
- Writing Instruments
- North America
- South America
The school stationery supplies market is driven by an emphasis on product premiumization. In addition, other factors such as growing emphasis on omnichannel retail are expected to trigger the school stationery supplies market toward witnessing a CAGR of over almost 3% during the forecast period.
Get Actionable Insights on each Contributing Segments. Download Free Sample Report: https://www.technavio.com/talk-to-us?report=IRTNTR43722
The report also covers –
- Market Drivers
- Market Challenges
- Market Trends
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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