Office Stationery Manufacturing in Canada - Industry Market Research Report

Office Stationery Manufacturing in Canada - Industry Market Research Report

Office Stationery Manufacturing in Canada

Office stationery manufacturing operators in Canada continue to endure difficulties in generating revenue growth, as companies and consumers increasingly use electronic substitutes in place of operators' products. Including electronic bill pay and cloud-based document storage, virtually all forms of paper transactions and documents have transitioned to electronic mediums, reducing demand for operators' products. Electronic files are attractive alternatives, as they can be shared instantly through the internet and seamlessly assimilated across several software programs, boosting their appeal relative to products produced by this industry. Increased smartphone ownership has also encouraged the shift to electronics by letting users easily access documents on the go, a trend that was exacerbated in 2020 by COVID-19. These trends are anticipated to continue to negatively impact operators' revenue, which is expected to shrink at a CAGR of 4.0% to an estimated $338.0 million through the end of 2023, including an estimated 5.2% dip in 2023 as high inflation is poised to impact stationery product demand.

Operators in this industry purchase paper and paperboard to produce a variety of stationery products used for writing, printing, filing, mailing and similar applications. Industry products are sold directly to stationery wholesalers, retailers and large operators. End users include businesses, students, home offices and households.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.