The industry has endured tough conditions during the past five years due to the rising use of electronic communication, data transfer and storage in preference to traditional paper stationery products. Weak economic conditions during the start of the period added to the challenges already engulfing the industry, as businesses and households reduced spending on stationery products. Meanwhile, rising import penetration, dwindling exports and pressure on government spending on education also negatively influenced industry performance. As a result, industry revenue is estimated to decline at a compound annual rate of 7.1% over the five years through 2015-16.
Firms in this industry manufacture paper stationery products used in commercial, educational and household applications. This includes ready-to-use office paper, envelopes, folders, binders, diaries and manifold business forms.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.