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DUBLIN, Dec. 11, 2023 /PRNewswire/ — The “India Non-Paper Stationery Market 2023-2029: Market Forecast By Types (Pen, Pencil, Art Stationery, Others), By Applications (Educational Stationery, Office Stationery, Other Applications), By Regions (North, West, South, East), and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
The duration of India’s paperless stationery market is expected to grow at a CAGR of 8. 3% between 2023 and 2029. The market is expected to grow further in the coming years as the country aims to ensure that all students are number one and reduce secondary education until 2030, and expects to see an increase in senior secondary enrolment from 55. 8% in 2015 to 88% in 2030.
Moreover, with the projected expansion of India’s school sector expected to reach $225 billion by FY25, foreign schools are targeting the growing demand for education in the country’s vast market. For example, the Nordic school chain plans to open 25 schools by March 2024, and the Singapore World School Foundation announced an investment of around $550 million in India’s school schooling sector. ‘until 2026. Synopsis of Indian Paperless Stationery Market
The expansion of India’s stationery market was basically due to an increasing number of academics enrolled in schools, as well as the increase in the number of offices and banks across the country before the COVID-19 pandemic hit the country, prompting a higher call for stationery products. However, the outbreak of the COVID-19 pandemic in 2020 had a negative effect on the market’s revenue.
School closures mean that only 36 per cent of enrolled children obtain study materials or activities from their teachers, which alleviates the demand for stationery in the school sector. In addition, there is a significant reduction in the source of employment. area in seven major cities, with a 30% year-over-year reduction from 51. 62 million square feet to 36. 34 million square feet in 2020. This decrease in the availability of space for the workplace has also contributed to the reduction in the demand for office supplies for the office sector.
Market through type
The ballpoint pen has acquired the highest share of gains in the Indian paperless stationery market as pens are essential writing tools used by Americans in sectors such as education, office, business and non-public use. Furthermore, after completing number one In school, students are encouraged to use a pen to expand and maintain a smooth writing taste in which a smart quality pen plays a major role by offering a smooth ink flow. Additionally, in offices and other similar workplaces, pens are also used for meetings. .
In-app marketplace
The school sector accounted for the largest share of profit in India’s paperless stationery market in 2022 due to the widespread use of stationery in school applications. The sector will continue to dominate the market in the coming years.
Marketing Across Regions
The northern region dominated the percentage of gains in the Indian paperless stationery market in 2022 due to its peak population density and a significant number of educational establishments in the region.
Key Highlights of the Report
Historical and Forecasted Knowledge of the Profit Era of India’s Paperless Stationery Market 2019-2029F.
Historical and forecasted knowledge of earnings and volume of India’s non-paper products market for the 2019-2029F era.
Historical and forecasted profit and volume data of the ballpoint pen market for the 2019-2029F era.
Historical & Forecast data of the Pen Market Revenues & Volume, By Type for the period 2019-2029F.
Historical and forecasting knowledge of the Pencil market earnings and volume for the 2019-2029F era.
Historical & Forecast data of the Pencil Market Revenues & Volume, By Type for the period 2019-2029F.
Historical and forecasted knowledge of chewing gum market earnings and volume for the 2019-2029F era.
Historical and forecasted knowledge of chewing gum market profits and volume, up to the 2019-2029F era.
Historical & Forecast data of the Art Stationery Market Revenues for the period 2019-2029F.
Historical & Forecast data of the Art Stationery Market Revenues, By Type for the period 2019-2029F.
Historical and forecasted knowledge of market profits and volume at scale for the 2019-2029F era.
Historical and forecasted knowledge of sharpener market profits and volume for the 2019-2029F era.
Historical knowledge and profit forecast of the Adhesives market for the 2019-2029F era.
Historical & Forecast data of the Technical Instruments Market Revenues for the period 2019-2029F.
Market drivers and restraints.
Market and news.
Percentage of the market of players and competitive landscape.
Company Profiles
Policy recommendations.
Competitive Landscape
Company Share in Indian Pen Market, 2022
Company Share in Pencils and Scales Market in India, 2022
Corporate Percentage of Pencil Sharpener and Erasers Market in India, 2022
Company Share in India Art Stationery Market, 2022
Adhesive Stationery Market Company Ranking, 2022
Comparative research of the Indian paperless stationery market, through operational and technical parameters.
Company profiles
ICT limited
Navneet Education Limited
DOMS Private Industries Limited
Kokuyo Camlin Limited
Hindustan Pencils Pvt. Ltd. Limited.
Faber Castell (India) Pvt. Ltd. Limited
BIC Cello (India) Private Limited
Luxor Writing Instruments Pvt. Ltd
Flair (India) Private Limited
Linc Limited
Pidilite Industries Ltd.
Market reach and segmentation.
By Types
Pen
Pencil
Artistic stationery
Other
By Applications
Educational Stationery
Office Supplies
Other Applications
By region
North
West
South
Must
For more data on this report, https://www. researchandmarkets. com/r/bgmrn1
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