DUBLIN, July 15, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/qs8zrx/stationery_and) has announced the addition of the "Stationery and Cards Market in Japan 2015-2019" report to their offering.
The stationery and cards market in Japan to grow at a CAGR of 0.37% over the period 2014-2019.
The report includes the present scenario and the growth prospects of the stationery and cards market in Japan for the period 2015-2019. The Stationery and Cards Market in the Japan comprises two segments: Stationery and Cards. Based on distribution, the Global Stationery and Cards market can be categorized into five segments: Stationery Specialists, Gift Shops, General Merchandise Retailers, Bookstores, and Others.
Owing to tremendous growth opportunity in the international markets, vendors in the market are building international production plants and sales networks in emerging countries. This has led to many Japanese vendors investing in expansion activities to tap into other markets. For instance, in May 2015, stationery supplier King Jim announced the building of a 9,000-square-meter stationery factory in Vietnam by 2016. This is in addition to the already existing factory in the same locality and a factory in Indonesia. Earlier in 2011, Kokuyo acquired a stake in Camlin India and announced construction of its new facility at Patalganga, Maharashtra, India, which is expected to be one of the biggest facilities of Kokuyo Worldwide. PILOT started operations at its new facility in Indonesia in 2014 and, earlier in 2012, constructed a factory in Brazil.
According to the report, the stationery market is expected to recover because of an increase in shipments from Japan to other nations. After the declining trends that had lasted until 2013, the sales of writing instruments have contributed to the recovery of the market. The paper products and cards market is expected to remain the same because of the digitalization trend gaining momentum. Though the demand for stationery and cards is recovering in Japan, the market is expected to grow rapidly in APAC, with growth mainly driven by the emerging economies. Therefore, an increase in exports of stationery and cards to developing economies in APAC is expected to drive the growth of the stationery and cards market during the forecast period.
Further, the report states that digitalized communications is a challenge faced by vendors globally, including in Japan, in the stationery and cards market.
- Hallmark Japan
- King Jim
- Top Culture
Other Prominent Vendors
- KSH Faber Castell
- Mitsubishi Pencil
- Plus Corp
- Platinum Pen
For more information visit http://www.researchandmarkets.com/research/qs8zrx/stationery_and
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets