Global Stationery Products Market Poised to Surpass $148 Billion by 2028, Fueled by Rising Literacy Rates and Educational Initiatives - ResearchAndMarkets.com
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Tuesday, November 14, 2023
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The global stationery products market is poised for significant growth, with a projected market size exceeding USD 148 billion by 2028, up from USD 109 billion in 2022.
Key Points:
- The global stationery products market is poised for significant growth, with a projected market size exceeding USD 148 billion by 2028, up from USD 109 billion in 2022.
- Rising Literacy Rates and Education: The increasing literacy rates worldwide and the growing number of young individuals pursuing higher education are major drivers of market growth.
- Educational institutes' demand for stationery products, including notebooks, pens, pencils, and more, contributes significantly to the market.
- Asia-Pacific: Dominating the global stationery products market with over 35% market share in 2022, the Asia-Pacific region is witnessing robust growth.