India Non- Paper Stationary Market Outlook 2023
Posted by Bharat Book on July 31st, 2018
Bharat Book Bureau Provides the Trending Market Research Report on “India Non- Paper Stationary Market” under Consumer Goods category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
India Non-Paper Stationary Market Outlook, 2023' gives a comprehensive analysis on the non-paper stationary market of India. Since last few years, India is experiencing a major growth in the Non-Paper stationary products sales includes pens, Pencil, colours and others Products. The continuous improvement of literacy rates, the enhancement of consumers’ healthy lifestyle, fashion consciousness, consideration of personal grooming and extended lifespan, plus improvements in conditions and distribution channel development in rural areas, has all created opportunities for expansion of the stationary market.
According to the Recent publish report of The Research "India Non-Paper stationary market Outlook, 2023" the market is calculated is expected to grow with a CAGR of more than 8% in value terms during forecasted period starting from 2017-18 to 2022-23. Non-paper category divides in the segment like writing instruments, office products, colours and other adhesive & technical instruments. The non-paper stationary market is dominant by writing instrument market followed by office products. Writing instrument contains Pens, Pencils and other. In Writing instrument Market, Pen Segment Market is dominating followed by Pencil. Leading companies in Writing Instrument has major market share includes BIC Cello, Linc, Flair etc.
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Furthermore, Developing economy, rising disposable income of individuals, growing awareness of importance of education and much more reasons are there to spend more on stationary products. Further, increasing number of schools, colleges and offices also indicate the more consumption of non-Paper stationary products. In addition, increase in population of country show the huge potential for market growth of non-Paper stationary market.
Major companies that operate into the stationary market in India are ITC Limited, Doms Industries Private Limited, BIC Cello (India) Private Limited, Kokuyo Camlin Limited, Hindustan Pencils Private Limited, The West Coast Paper Mills Limited, Navneet Education Limited, Flair (India) Private Limited, Sundaram Multi Pap Limited, J K Paper Limited, Linc Pens & Plastic Limited.
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Joined: August 18th, 2017
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