India Stationery Market Overview
Before the COVID-19 outbreak, the growth of India Stationery Market was primarily driven by an increasing number of students enrolling in schools, as well as the rise in offices and banks across the country, resulting in a higher demand for stationary products. However, the outbreak of the COVID-19 pandemic in 2020 had a negative impact on market revenues. The closure of educational institutions meant that only 36% of enrolled children received learning materials or activities from their teachers, leading to reduced demand for stationery products in the education sector. Furthermore, there was a significant decrease in the supply of office space across seven major cities, with a decline of 30% from the previous year, going from 51.62 million sq. Ft to 36.34 million sq. Ft in 2020. This decline in office space availability further contributed to the decrease in demand for office-related stationery from the corporate sector.
According to 6wresearch, the India stationery market size is projected to grow at a CAGR of 8.2% during 2023–2029. India stationery market is expected to further grow in the upcoming years as the country aims to ensure that all students should complete primary and lower secondary level education by 2030, and it hopes to witness an increase in enrolment to the upper secondary level from 55.8% in 2015 to 88% in 2030. dditionally, with the projected growth of the Indian education sector to reach $225 billion by FY25, foreign schools are targeting the rising demand for high-quality education in the country's vast market.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- Key Performance Indicators Impacting the Market.
- 11 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022
- Major Upcoming Developments and Projects.
- Forecast Data until 2029.
Key Highlights of the Report
- Historical Forecast data of the India Stationery Market Revenues period 2019-2029F.
- Historical Forecast data of the India Notepad Market Revenues Volume, By Type for the period 2019-2029F.
- Historical Forecast data of the India Notebook Market Revenues Volume, By Type for the period 2019-2029F.
- Historical Forecast data of the India Notepad Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Exercise Notebook Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Notebook Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Graph book Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Graph Book Market Revenues Volume, By Type for the period 2019-2029F.
- Historical Forecast data of the India Drawing Book Market Revenues Volume, By Type for the period 2019-2029F.
- Historical Forecast data of the India Practical Notebook Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Practical Notebook Market Revenues Volume, By Type for the period 2019-2029F.
- Historical Forecast data of the India Drawing Book Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Paper Stationery Market Revenues for the period 2019-2029F.
- Historical Forecast data of the India Scrap Book Market Revenues Volume for the period 2019-2029F.
- Historical Forecast data of the India Scrap Book Market Revenues Volume, By Type for the period 2019-2029F.
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