Global Office Stationery and Supplies B2B Market 2018-2022 – Product Innovation in Terms of Technology Integration to Boost Demand – Technavio

According to Technavio analysts, one of the key factors contributing to the growth of the global office stationery and supplies B2B market is the integration of the latest technological features to existing products.

The key vendors are integrating the latest technological features to existing products, thereby augmenting their value and demand. One of the prime reasons for the growth of the market is the significant rise in the number of start-ups. The rising scope of business opportunities has encouraged players to start aligning their products in ways that meet the needs of the end-customers. International and domestic players are innovating in terms of packaging, form, shape and size. Apart from functional innovations, players are leveraging technological innovations incorporated in the products. The growth in commercial real estate and increase in the rate of employment also contribute to the demand for office stationery and supplies. Some of the office stationery that has been influenced by product innovation include permanent markers, index dividers, zip drive tapes, name badges, toner cartridges, and color-coding labels and others.

The global office stationery and supplies B2B market research report provides market segmentation by distribution (offline and online), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2017, accounting for over 52% share, followed by EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period.

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