August 18, 2017
The “Global Office Stationery and Supplies B2B Market 2017-2021” report has been added to Research and Markets’ offering.
This new report, according to Research and Markets, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
The report predicts the global office stationery and supplies B2B market to grow at a CAGR of 2.61 percent during the period 2017-2021 and key vendors have been identified as Costco Wholesale Corporation, Office Depot, Staples, Tesco.com and Walmart Stores.
The report shows that one trend in the market is rising demand for office equipment and devices. The demand for supply products for office equipment and devices like computers and printers are on the rise. Since paperwork in offices is now being done digitally, the demand for supply products has increased. Printer cartridge was one of the top three supply products in 2016.
According to the report, one driver in the market is geographic expansion of businesses. The economic downturn during 2007-2010 affected the developed markets like the Americas and Europe by limiting the mature industries from increasing their geographic expansion. However, emerging industries like IT, ITES, telecommunication, and analytics have been creating opportunities for the market to flourish and have created a demand from end-customers for office stationery and supplies. The global IT and analytics giants are adopting Business Process Outsourcing (BPO) services offered by APAC countries like India, China, and Japan.
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