Us Office Stationery and Supplies Market Trends Growth, Analysis and Forecast to 2020

Technavio Announces the Publication of its Research Report Office Stationery and Supplies Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the office stationery and supplies market in the US: Costco Wholesale, Office Depot, Staples, Target, and Walmart.

Other Prominent Vendors in the market are: 3M, Amazon, Alibaba, Best Buy, and FedEx Office.

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Commenting on the report, an analyst from Technavios team said: Technological advancement and product innovation will be a key trend for market growth. Technological innovation in office stationery and supply products has a direct bearing on their use. Consumers are now looking for more efficient and novel products that are better matched to their requirements and lifestyles. To fulfill these requirements, vendors are introducing technologically advanced products, which are priced slightly higher than the regular ones. In 2015, Staples invested a total of $4.87 billion as its operating expenditure, which includes R&D costs. Office Depot spent $3.39 billion on its operations in the same year.”

According to the report, one of the major drivers of the office stationery and supplies market in the US is the growing demand for computer and printer supplies. IT integration and industry automation are driving the market for this segment with computerized and digitized business operations. The toner cartridges category is the largest revenue contributor to this segment. The demand for these products is rising and will grow at the highest CAGR of around 9% during the forecast period. Leading manufacturers in this segment include Brother, Canon, HP, and Seiko Epson, and they sell their products through retailers like Staples, Office Depot, and Walmart. Therefore, this segment will drive the sales of the market in the US in the next five years....