NEW YORK, March 15, 2021 /PRNewswire/ -- The consumer stationery retailing market is expected to grow by USD 6.35 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the consumer stationery retailing market in optimistic, probable, and pessimistic forecast scenarios.
The consumer stationery retailing market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth increased in 2020 as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
Adjust their strategic planning to move ahead once business stability kicks in.
Build Resilience by making effective resource and investment choicesfor individual business units, products, and service lines.
Conceptualize scenario-based planning to mitigate future crisis situations.
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
Related Report on Consumer Discretionary Include:
Global School Stationery Supplies Market - Global school stationery supplies market is segmented by product (paper products, computer and daily use, and writing instruments) and geography (APAC, Europe, North America, South America, and MEA).
Global K-12 Arts and Crafts Material Market - Global K-12 arts and crafts material market is segmented by distribution channel (brick and mortar and online), school level (middle school, pre-primary school, primary school, and high school), and geography (APAC, Europe, North America, MEA, and South America).
Major Three Consumer Stationery Retailing Market Participants:
Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. operates its business through segments such as Core commerce, Cloud computing, Digital media and entertainment, and Innovation initiatives and others. The company offers a wide range of stationery products including tapes, glues, pens, pencils, notebooks, and diaries under multiple brands such as Huahao and XINYA, designed for individual and school applications.
Amazon.com Inc. operates its business through segments such as North America, International, and Amazon Web Services. The company offers a wide range of stationery products including pens, notebooks, correction tapes, and diaries under multiple brands such as Kokuyo Camlin and Pilot Corporation, designed for individual and school applications.
Carrefour SA operates its business through segments such as France, Rest of Europe, Latin America, and Asia. The company offers stationery & school supplies.
Consumer stationery retailing market is segmented as below:
Marking And Correction Equipment
The consumer stationery retailing market is driven by the growing emphasis on omnichannel retail. In addition, other factors such as the increasing emphasis on product innovation are expected to trigger the consumer stationery retailing market toward witnessing a CAGR of over 2% during the forecast period.
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.