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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

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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

Office Stationery And Supplies B2B Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 1.96%

Market growth 2024-2028

USD 20.5 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

1.49

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

US, China, Germany, UK, and Canada

Key companies profiled

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

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. 

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 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.

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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.

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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/

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SOURCE Technavio

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SUS ENVIRONMENT has formally signed the agreement for Indonesian Makassar Waste-to-Energy Project

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JAKARTA, Indonesia, Oct. 1, 2024 /PRNewswire/ — On September 24th, Shanghai SUS Environment Co., Ltd. and the Makassar City Government of Indonesia formally signed the Concession Agreement for the Makassar Waste-to-Energy Project. The signing ceremony was witnessed by Dr. Ridha Yasser, Assistant Deputy Minister of Energy of Maritime and Investment Coordination Ministry, as well as leaders from the Makassar Environmental Department, KPPIP, Finance Department, Government Procurement Policy Bureau, and Economic Coordination Department.

At the signing ceremony, Dr. Ridha Yasser, Assistant Deputy Minister of Energy, stated, “The implementation of this project represents a pivotal advancement in Indonesia’s transition to a clean energy future. The introduction of advanced waste treatment technology will not only help Indonesia address its municipal waste issues but also contribute to optimizing the country’s energy structure.”

Mr. Jiao Xuejun, Chief Technology Officer of SUS ENVIRONMENT, stated, “The Makassar Waste-to-Energy Project is not only a crucial component of SUS Environment’s global strategic blueprint but also a significant milestone in Indonesia’s march towards a green energy era and the innovation of its waste management system.” 

He further emphasized that SUS would leverage its technological and managerial strengths to ensure the simultaneous achievement of environmental, social, and economic benefits, working alongside various sectors in Indonesia to promote environmental protection and contribute to the well-being of local communities and global environmental improvement.

The waste-to-energy project, located in Makassar, the capital of South Sulawesi Province in Indonesia, has a construction scale of 1,300 t/d and is equipped with 2 x 650 t/d incineration lines and a 1 x 35MW turbine & generator. 

The project is expected to commence construction in 2024 with an estimated total investment of approximately USD 200 million, with operations scheduled to begin by the end of 2026. With a total investment of approximately USD 200 million, the project is expected to commence construction in 2024 and commence operations by the end of 2026. The project will address Indonesia’s urgent waste management challenges while also significantly reducing greenhouse gas emissions.

During construction, it will create numerous job opportunities for the local community and drive the development of related industries in Indonesia, reinforcing the country’s commitment to carbon neutrality goals and sustainable development efforts.

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SOURCE Shanghai SUS ENVIRONMENT Co.,Ltd.

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Panasonic Holdings to Keynote at CES 2025

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Yuki Kusumi, Group CEO, will take the stage

ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ — Emphasizing how technology touches all facets of our lives, the Consumer Technology Association (CTA)® announces Yuki Kusumi, Group CEO, Panasonic Holdings Corporation, as an opening keynote speaker for CES® 2025. Mr. Kusumi and Kinsey Fabrizio, CTA President, will share the news and discuss what to expect at CES 2025 during an event in Tokyo, Japan today.

“WELL into the Future is our theme for CES 2025,” said Mr. Kusumi. “The Panasonic Group’s legacy of social contribution – informed by our seven founding principles – continues to drive our actions as we work to fulfill our Founder’s vision of making today better than yesterday, tomorrow better than today.”

“WELL into the Future” embodies the idea that the Panasonic Group, through innovations and a commitment to addressing social issues, is leading the development of a wave of cutting-edge solutions to help achieve this vision for a better future.

The Panasonic Group, in collaboration with an ever-growing array of strategic partners who share its values and aspirations, continues to pursue the realization of this vision, not only through its products, technologies, and services, but also through its business activities – including the development of green energy technologies and circular economy practices to help address the urgency of the climate crisis.

With a long and distinguished career in research and development (R&D) and company management, Mr. Kusumi is passionate about innovation, digital transformation, and combatting environmental issues for a better, brighter future for everyone.

“Panasonic and CTA thrive on our abilities to recognize and drive trends in innovation and society,” said Gary Shapiro, CEO, CTA. “Under the leadership of Mr. Kusumi, Panasonic’s latest vision for a smart energy future and wellbeing is likely to move markets once again.”

During the keynote, the Panasonic Group will introduce new initiatives that focus on innovative technologies to enhance the sustainability of society, as well as the health, comfort and safety of families and individuals, and will demonstrate that the Panasonic Group is taking a new step towards realizing the future it aims for.

“As a participant in the first CES in 1967 and each one since then, Panasonic has built decades of innovation that prioritize people,” said Fabrizio. “With a keen eye for the future, we know that Mr. Kusumi will offer insights on how technology will affect many facets of our lives.”

Mr. Kusumi speaks following the CTA State of the Industry Address at 8:30 a.m. PT on January 7, 2025, in the Palazzo Ballroom at the Venetian. Dive into comprehensive wellbeing for us and our planet. For the latest information on CES 2025, visit CES.tech and register here.

About CES®: 
CES is the most powerful tech event in the world – the proving ground for breakthrough technologies and global innovators. This is where the world’s biggest brands do business and meet new partners, and the sharpest innovators hit the stage. Owned and produced by the Consumer Technology Association (CTA)®, CES features every aspect of the tech sector. CES 2025 takes place Jan. 7-10, 2025, in Las Vegas. Learn more at CES.tech and follow CES on social.

About Consumer Technology Association (CTA)®:
As North America’s largest technology trade association, CTA is the tech sector. Our members are the world’s leading innovators – from startups to global brands – helping support more than 18 million American jobs. CTA owns and produces CES® – the most powerful tech event in the world. Find us at CTA.tech. Follow us @CTAtech.

About the Panasonic Group: 
Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,496.4 billion yen for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit: https://holdings.panasonic/global/ 

 

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Electronic Caregiver and Samsung Electronics America Join Forces to Reveal Transformational Chronic and Aging Care Solutions at HLTH 2024

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Addressing the Challenge of Chronic Conditions with Addison Care and Samsung Electronics America

LAS VEGAS, Sept. 30, 2024 /PRNewswire/ — Today, one in three people worldwide live with multiple chronic conditions, impacting 2.7 billion global citizens. In America, the situation is even more severe, with an estimated 42% of citizens affected. Common conditions include hypertension, heart disease, stroke, diabetes, cancer, kidney disease, and respiratory illnesses. These chronic illnesses often lead to depression and behavioral health challenges, placing a significant physical, psychological, and emotional toll on patients. Alarmingly, 50% of treatment failures are due to non-adherence to care plans, such as medication management, lifestyle changes, and vitals monitoring. This non-adherence predominantly occurs at home, away from clinical oversight. Until now, there has been no scalable way to identify and address this issue.

Electronic Caregiver introduces Addison Care, an AI-driven 3D Virtual Caregiver that operates 24/7 in the patient’s home. Addison monitors and improves treatment adherence, performs automated wellness checks and vitals monitoring, provides companionship, manages medication schedules, and assists with daily tasks and routines. Addison is now available on Samsung tablets, mobile devices, and other Samsung smart home devices. At HLTH 2024 in Las Vegas, Addison will be showcased on Samsung tablets and integrated with Samsung’s newest Galaxy Watch7, which features FDA-approved vitals monitoring.

Revolutionizing Digital Health and Connected Care

Together, Electronic Caregiver and Samsung are transforming digital health and connected care, not only at home but throughout the entire patient journey—from clinic to hospital to home. With the increasing number of chronically ill patients, 55 million aging adults in the U.S., and 53 million family caregivers, the combination of Electronic Caregiver’s Addison Care solution with Samsung’s hardware, software, and security is a groundbreaking innovation.

Comprehensive Care Solutions

The combined solutions improve care outcomes, reduce social isolation, support mental health, extend functional independence, and enhance the quality of life. Addison, powered by Samsung, applies a three-phase strategy:

Engagement and Assistance: Addison protects, serves, educates, and entertains with interactive engagements for daily care and tasks, including gamification.Continuous Health Monitoring: Addison provides continuous health monitoring, early identification of health changes, facilitates timely interventions, and optimizes care coordination.Companionship and Connectivity: Addison offers companionship, on-demand virtual primary care, 24/7 emergency response, auto fall detection, and features to improve memory, concentration, and motor skills. It integrates with a centralized TeleCare operation where care coaches and nurses provide additional support.

Tailored for Diversity and Personalization

Electronic Caregiver and Samsung are dedicated to patient-centric care solutions. Addison is designed to be reliable, easy to use, and highly effective, tailored to personal choices, ethnicities, cultural preferences, languages, and health circumstances. Configurations are available for home, hospital, clinical support, senior living communities, home care providers, and other key stakeholders.

Innovative Interactive Features

Addison features highly engaging scenes with interactive objects, creatures, toys, musical instruments, plants, and surprises. It celebrates holidays, faith-based events, birthdays, and sporting events with users, maintaining constant engagement with endless animations.

Statements from Leadership

Anthony Dohrmann, CEO of Electronic Caregiver, Inc., states, “Addison, enhanced by Samsung, is the most unique, advanced experience for human-technology interaction ever created. The world will be surprised by what we’ve achieved for both user engagement, and care.”

Cherry Drulius, Healthcare Director at Samsung Electronics America adds, “Samsung believes digital health and connected care are the future. With Addison and Virtual Care available on Samsung devices, we can improve health outcomes, support self-care, and enhance wellness for countless individuals.”

For more information about Addison Care and the partnership with Samsung Electronics America, visit www.electroniccaregiver.com 

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SOURCE Electronic Caregiver

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