Office Stationery Supplies and Services Market in the GCC 2015-2019
About office stationery, supplies, and services
Office stationery, supplies, and services refer to a wide range of products and services that are used on a regular basis in offices. These include everyday use merchandise such as adhesives, post-it notes, files and folders, staples, and paper clips, and small equipment such as hole binders, laminators, punches, and staplers. Other products that cost on the higher side include fax machines, photocopiers, printers, and plotters. These products have transformed in both form and function. The market has grown in tandem with change in demographics, economic development, business environment, lifestyle, and innovation and has evolved to meet the demands of various customer segments. The GCC has developed into an important market for these products, owing to economic development across all sectors.
Technavio's analysts forecast the office stationery, supplies, and services market in the GCC to grow at a CAGR of 18.77% during the period 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the office stationery, supplies, and services market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sale of paper-based products, office services, storage and equipment, writing and marking instruments, and presentation materials.
Technavio's report, Office Stationery, Supplies, and Services Market in the GCC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Office Stationery Supplies and Services Market in the GCC 2015-2019
Technavio recognizes the following companies as the key players in the office stationery supplies and services market in the GCC: 3M, Avery Dennison, Jarir Marketing and Office Depot
Other Prominent Vendors in the market are: Al Furqan Trading, AMJ Stationery, Awali Stationery, Farooq International Stationery, Global Office Supplies, Kwality Printing and Stationery, Middle East Stationery and Trading Company and Paper Art Products
Commenting on the report, an analyst from Technavio’s team said: “Vendors feel buoyed by the high potential of eco-friendly products to shape the market during the forecast period. They have taken note of the growing traction of environmentally friendly and energy-efficient products and are focusing increasingly on corporate social responsibilities. They are putting much emphasis on sustainability by, for instance, creating green operational environments. They have started exploring eco-friendly materials for manufacturing office stationery products, without compromising on the functionality and sophistication of these products. Part of the reason why vendors go green is because ecofriendly products have a different appeal: they are designed beautifully.”
According to the report, the GCC has emerged as an important market for office stationery products, driven by economic growth across various sectors in these countries. These countries are investing heavily in the education sector and are promoting SMEs through the introduction of favorable policies.
Further, the report states that a major factor hindering market growth is the high availability of counterfeit products, which are easily available through imports from APAC.
3M, Avery Dennison, Jarir Marketing, Office Depot, Al Furqan Trading, AMJ Stationery, Awali Stationery, Farooq International Stationery, Global Office Supplies, Kwality Printing and Stationery, Middle East Stationery and Trading Company, Paper Art Products