NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global office stationery and supplies b2b market size is estimated to grow by USD 20.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 1.96% during the forecast period. Increasing business expansion in office stationery and supplies products is driving market growth, with a trend towards increasing demand for recyclable stationery products. However, increasing use of digital platforms in offices poses a challenge. Key market players include 3M Co., ACCO Brands Corp., Alibaba Group Holding Ltd., Amazon.com Inc., ANTARK INTERNATIONAL PVT LTD, Best Buy Co. Inc., Costco Wholesale Corp., Exacompta Clairefontaine SA, Farook International Stationery, Jarir Marketing Co., Lyreco SAS, Middle East Stationery and Trading Co., PBS Holding AG, SOCIETE BIC, Sycamore Partners, Target Corp., The Hamelin Group Holdham, The ODP Corp., Walmart Inc., and WH Smith PLC.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Market Driver

The global office stationery and supplies B2B market is witnessing a significant trend towards the use of recyclable stationery products. This shift is in response to growing environmental concerns and increasing awareness among corporates about the adverse effects of non-recyclable materials on the environment. Vendors in the market, such as Staples, ODP Corp. (Office Depot), and Amazon.com, are meeting this demand by manufacturing and offering a wide range of recycled stationery products. These include recycled paper products like office papers, letterhead papers, cotton and linen business papers, paper pads, sketch pads, and notebooks, as well as recycled plastic products like cardboard boxes, paper rolls, recycled stainless steel scissors, and paper bags. Companies like Staples offer free recycling services for unwanted stationery and electronics products. ODP Corp. Has an exclusive category for eco-friendly and recycled stationery, while Amazon.com offers a variety of recycled stationery items. This increasing demand for recyclable stationery products is driving the growth of the global office stationery and supplies B2B market. 

The Office Supplies industry encompasses Paper Products, Writing Instruments, Office Furniture, and various Desk Supplies like Notebooks, Copy Paper, Printer Paper, Envelopes, Notepads, Pens, Pencils, Markers, Staplers, Scissors, Rulers, Tape Dispensers, Desk Organizers, Stamps, Labels, Packaging Materials, Bubble Wrap, and Mailing Tubes. E-commerce platforms and Digital Procurement Systems have significantly impacted the B2B market, allowing businesses to buy these supplies online with ease. However, challenges like offline vs online, trade barriers, tariffs, non-tariff barriers, geopolitical tensions, and trade disputes can affect the industry. Supplies for Computers/Printers, Filing, Binding, Time Tracking, Hanging, Identification, and various other categories are also essential. Despite these challenges, the market continues to grow, with trends like sustainability and innovation shaping the future. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The office stationery and supplies B2B market faces a significant challenge due to the increasing digitization of work environments. Traditional office supplies, such as paper and fax materials, have seen decreased demand as a result of advances in technology. Digital gadgets, like computers, laptops, and smartphones, have become more convenient, faster, and efficient for storing, editing, and transferring files and data. Office communication primarily occurs through these devices, reducing the need for traditional office stationery. Cloud services enable employees to store and share documents virtually, diminishing the demand for physical files and folders. Digital tools like Microsoft Office, which includes Outlook, OneDrive, Word, Excel, PowerPoint, OneNote, SharePoint, Microsoft Teams, and Yammer, have become indispensable. These software solutions facilitate drafting and sharing information, hosting meetings, connecting and chatting with colleagues, managing calendars, and securely sharing documents and sending emails. They also allow for syncing office files and mobile devices and planning schedules and tasks with teams. As a result, offices and businesses can perform office activities at a lower cost using digital gadgets, making traditional office stationery less necessary. This trend is expected to continue, posing a challenge to the global office stationery and supplies B2B market during the forecast period.In the B2B market for office stationery and supplies, challenges abound. Scissors, rulers, tape dispensers, desk organizers, stamps, labels, packaging materials, bubble wraps, mailing tubes, and more are essential desk supplies and mailing supplies. However, sourcing these items globally presents hurdles. B2B marketplaces offer convenience, but trade barriers such as tariffs and non-tariff barriers pose challenges. Geopolitical tensions and trade disputes can lead to retaliatory measures and trade sanctions. Offline and online sales face different obstacles. Stationery/mailing supplies, computer/printer supplies, filing supplies, binding supplies, time tracking supplies, and identification supplies are all critical categories. Down feather comforters, apparel, and customized office stationery are sometimes included. Recyclable stationery products are a growing trend. Navigating these challenges requires strategic sourcing, understanding of market dynamics, and staying informed about trade policies. Online sales present opportunities, but offline channels remain significant. Adapting to changing consumer preferences and market trends is key.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This office stationery and supplies b2b market report extensively covers market segmentation by

Distribution Channel1.1 Offline1.2 OnlineType 2.1 Paper products2.2 Desk supplies2.3 Computer and printer supplies2.4 Stationery and mailing supplies2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Offline- Office stationery and supplies are essential elements for businesses to operate efficiently. These items include paper, pens, pencils, folders, binders, and other necessary items. The B2B market for office stationery and supplies is significant, with businesses purchasing in bulk to maintain a well-stocked inventory. Suppliers offer various options, including custom branding and volume discounts, to cater to the unique needs of businesses. Effective communication and reliable delivery are crucial in this market to ensure customer satisfaction.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Office Supplies industry encompasses a wide range of products essential for running an office efficiently. Key product categories include Paper Products such as Notebooks, Copy paper, Printer paper, and specialized papers. Writing Instruments like pens, pencils, and markers are another significant segment. Office Furniture like desks, chairs, and filing cabinets complete the physical office setup. E-commerce platforms and Digital Procurement Systems have revolutionized the way businesses buy Office Supplies. These platforms offer convenience, competitive pricing, and a vast selection of products. Customized office stationery adds a personal touch to branding efforts. Down to the basics, Office Supplies include essentials like paper clips, staples, and envelopes. Desk Supplies like paper cutters, paper shredders, and desk organizers help maintain an orderly workspace. In today’s market, both Offline and Online sales coexist. While Offline sales through retail stores and distributors continue, Online sales have gained significant traction due to their convenience and accessibility. Writing instruments come in various types, including Ballpoint Pens, Gel Pens, Felt Tip Pens, and Markers. Notable sub-categories are Feather Pens and Comforters, which offer unique writing experiences. Apparel, while not traditionally considered office supplies, can be included in corporate branding efforts through customized uniforms or promotional items.

Market Research Overview

The Office Supplies industry encompasses a wide range of products essential for business operations. Key product categories include Paper Products such as Notebooks, Copy Paper, Printer Paper, Envelopes, and Notepads. Writing Instruments like Pens, Pencils, Markers, and Stylus are also in high demand. Office Furniture and Desk Supplies like Desk Organizers, Staplers, Scissors, Rulers, and Tape Dispensers are necessary for creating an efficient workspace. E-commerce platforms and Digital Procurement Systems have revolutionized the B2B market, making it easier for businesses to purchase Office Stationery and Mailing Supplies online. Products like Labels, Packaging Materials, Bubble Wrap, and Mailing Tubes are increasingly being ordered digitally. B2B marketplaces offer a vast selection of Office Supplies, including Desk Supplies, Stationery/Mailing Supplies, Computer/Printer Supplies, Filing Supplies, Binding Supplies, Time Tracking Supplies, and Supplies for Hanging and Identification. Offline sales still play a significant role, but Online sales are growing rapidly due to their convenience and accessibility. Trade barriers, Tariffs, Non-tariff barriers, Geopolitical tensions, and Trade disputes can impact the industry, leading to Retaliatory Measures and Trade Sanctions. Customized office stationery and Recyclable stationery products are gaining popularity due to their environmental benefits.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlineTypePaper ProductsDesk SuppliesComputer And Printer SuppliesStationery And Mailing SuppliesOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/office-stationery-and-supplies-b2b-market-to-grow-by-usd-20-5-billion-by-2028–driven-by-business-expansion-and-ai-powered-market-evolution–technavio-302261306.html

SOURCE Technavio

MCLEAN, Va., Sept. 30, 2024 /PRNewswire/ — Iridium Communications Inc. (Nasdaq: IRDM) (“Iridium”), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, October 17, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company’s third-quarter 2024 financial results. In advance of the call on October 17, 2024, Iridium will issue its third-quarter 2024 earnings press release, which will be available on the investor relations page of the Company’s website.

To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The conference call will also be simultaneously webcast at https://investor.iridium.com/events.

For those unable to participate in the live call, a replay of the webcast will be available in the investor relations section of the Company’s website approximately one hour following the conclusion of the call.

About Iridium Communications Inc.

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com. 

Investor Contact:

Kenneth Levy
Iridium Communications Inc.
+1 (703) 287-7570
ken.levy@iridium.com

Press Contact:

Jordan Hassin
Iridium Communications Inc.
+1 (703) 287-7421
jordan.hassin@iridium.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/iridium-announces-release-date-for-third-quarter-2024-financial-results-302263219.html

SOURCE Iridium Communications Inc.

VANCOUVER, BC, Sept. 30, 2024 /PRNewswire/ — Wondershare, a global leader in creativity software solutions, is announcing the launch of Filmora 14, the latest iteration of its award-winning video editing software. With the slogan “More AI, Videos in Less Clicks”, this major update introduces groundbreaking AI features that streamline the video creation process for content creators of all skill levels. Filmora 14 harnesses the power of artificial intelligence (AI) to enhance productivity and creativity in video editing. 

The new version introduces an innovative Smart Short Clips feature, enabling one-click automatic extraction and editing of highlight reels from original long-form video footage into multiple refined short clips, streamlining the process of efficient short video creation. Filmora 14 embraces the AI era with over ten new AI-powered tools designed to boost efficiency and quality. These include Smart Scene Cut, AI translation-Lip-Sync, AI Face Mosaic, AI Portrait Cutout, and AI Sound Effect. 

Regarding AI quality enhancement, Filmora 14 offers AI Video Enhancer, AI Voice Enhancer, AI Color Palette, and Voice Denoise, comprehensively optimizing video and audio quality. Filmora 14 also introduces professional features such as Multi-Camera Editing, Planar Tracking, Path Curve, and Magnetic Timeline, solidifying the foundation of professional video editing.

Smart Short Clips

The new feature utilizes AI to automatically extract highlight reels from the original video and transform them into short, vertical clips that are perfect for social media platforms. The final result also intelligently matches subtitles, sound effects, stickers, and transitions, while supporting scheduled distribution across multiple social platforms. This tool meets the increasing demand for short-form content creation, simplifying the process for creators, educators, and marketers while boosting efficiency and professionalism.

AI Video Enhancer

The AI Video Enhancer improves video quality by restoring detail and texture in blurred-focus or low-resolution footage using advanced AI algorithms. This feature significantly enhances clarity, which is particularly beneficial for footage captured on lower-end cameras.

AI Color Palette

Filmora 14’s AI Color Palette feature allows users to replicate the color grading of reference footage and seamlessly apply it to their own projects with a single click, all while preserving natural skin tones. This powerful tool democratizes professional-grade color correction, enabling even novice users to achieve professional, cinematic visuals by emulating the color tones of blockbuster films.

Multi-Camera Editing

Filmora 14 introduces a sophisticated Multi-Camera Editing feature, allowing users to seamlessly edit footage from multiple camera angles on a single timeline track. This feature creates dynamic, professional-looking videos for interviews, tutorials, stage performances, and sports replays.

Planar Tracking

Filmora 14’s advanced tracking technology allows users to seamlessly attach images, graphics, text, or videos to flat surfaces within their footage. This feature ensures that added elements move naturally in sync with camera movements. It’s perfect for overlaying logos or embedding personal videos onto promotional displays.

The video creation industry is experiencing exponential growth driven by AI. Bloomberg Intelligence forecasts that the global generative AI market could reach $1.3 trillion by 2032, with a compound annual growth rate of 42%.

“With Filmora 14, we’re pushing the boundaries of what’s possible in video editing,” said Queenie, the Head of Global Brand Marketing at Wondershare. “Our AI-powered features save time and unlock new creative possibilities for content creators. We’re excited to see how our users leverage these tools to bring their visions to life.”

Wondershare Filmora 14 is a significant milestone in the evolution of AI in the video editing industry. The software is now available for Windows and macOS. For more information about Filmora 14 and to download a free trial, visit https://filmora.wondershare.com. Experience the future of video editing with Wondershare Filmora 14 – where AI meets creativity.

About Filmora

Filmora is designed with its user in mind, featuring smoother performance and an intuitive user interface. With advanced AI features boosting content generation and editing, over 220,000 creative assets, commercially available music, 3D LUTs, effects, and pre-set templates, Empowering over 100 million users worldwide, Filmora stands out as a leader in video editing software. Consistently introducing innovative tools, it enhances video creation and makes the process more efficient and accessible for all skill levels. Filmora is available on iOS, Android, macOS, and Windows. To try it for free, visit filmora.wondershare.com. Follow Wondershare Filmora on YouTube, TikTok, Instagram, and Facebook to learn more.

About Wondershare

As a renowned global leader in creativity and productivity solutions, Wondershare is dedicated to making cutting-edge technology accessible to everyone, fostering increased efficiency and creativity. Our commitment to excellence has been recognized through prestigious accolades from organizations like The Shorty Awards, G2, and GetApp. With a user base spanning over 100 million individuals across 200 countries and regions, we offer diverse software solutions encompassing video editing, PDF manipulation, data recovery, diagram creation, graphic design, and more, all focused on one principle: Creativity Simplified.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wondershare-filmora-14-revolutionizes-video-editing-with-advanced-ai-features-302263223.html

SOURCE Wondershare Technology