Office Stationery Supplies And Services Market In The Middle East Size to Grow by $ 321.61 mn through 2021-2025

The office stationery supplies and services market in the middle east is expected to grow by $ 321.61 mn, accelerating at a CAGR of almost 1% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Office Stationery Supplies And Services Market In The Middle East: Segmentation by Product

This report provides a detailed analysis of the market by Product (Consumables, Durables, and Adhesives) and Geography (Saudi Arabia, UAE, Qatar, and Rest of Middle East). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Office Stationery Supplies And Services Market In The Middle East: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Easa Saleh Al Gurg Group, Farook International Stationery, Hoshan Pan Gulf, Jarir Marketing Co., Middle East Stationery & Trading Co., OfficeRock.com, Quick Office LLC, Staples Inc., and The ODP Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Technavio has been monitoring the global office stationery supplies and services market in the Middle East and it is expected to grow by $ 321.61 million, progressing at a CAGR of over 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

UAE to lead market growth during the forecast period

• 32% of the market growth will originate from UAE during the forecast period. Market growth in UAE will be faster than the growth of the market in other regions.
• The increasing number of SMEs and multinational corporations (MNCs) will facilitate the office stationery supplies and services market growth in the Middle East over the forecast period. 
• Increasing contribution of the online channel for the overall sales of office stationery and supplies is forecast to fuel the growth of the office stationery supplies and service industry in the Middle East. The growth of the regional e-commerce vendors has invited many established office stationery suppliers to venture into the online platform and expand their office supply sales.
• Customized office stationery products such as pens, notebooks, and desk calendars that have the company or business information and logo play a pivotal role in maintaining a long-lasting impression on employees, partners, and clients. Such products are seen as marketing tools that help in connecting the company brand with its employees and partners. Therefore, demand for customized office stationery is one of the key trends driving the growth of the market during the forecast period.

Office Stationery Supplies and Services Market in the Middle East: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Easa Saleh Al Gurg Group, Farook International Stationery, Hoshan Pan Gulf, Jarir Marketing Co., Middle East Stationery & Trading Co., OfficeRock.com, Quick Office LLC, Staples Inc., and The ODP Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Office Stationery Supplies and Services Market in the Middle East: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive Office Stationery Supplies And Services Market In The Middle East growth during the next five years
• Precise estimation of the office stationery supplies and services market in the middle east size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industry across Saudi Arabia, UAE, Qatar, and Rest of Middle East
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Office stationery supplies and services market in the middle east vendors