(MENAFNEditorial) AfricaStationery Market is Majorly Driven by The Growth Economic Development in Sub-Saharan Region
Africa Stationery market is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period i.e. 2016-2024.Further, the market is projected to reach USD 4.5 billion by the end of forecast period.
Market Landscape
Stationery products demand in the Western Africa region has observed a two-fold upsurge owing to growing number of educational institutes as well as commercial organization, particularly in South Africa. Goldstein Research also estimates that ongoing economic linearization programmes in most African countries have considerably resulted in attracting foreign companies who have invested in the African region and have set up their offices. Moreover, many non-government organizations and U.N have their workplaces functioning within the region, providing the huge market for the office stationery.A major share of the amplified imports of stationery products has been accredited to the rising demand for these products in Dubai's re-export markets, especially the emerging markets in Africa.
Africa Stationery Market Report covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the stationery industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler, and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals, Stationery manufacturers, aftermarket vendors and component suppliers to analyze the future prospects of the overall stationery industry.
Africa stationery market segmentation can be classified on the basis of:-
By Product Type
Paper Products Writing Instruments School Stationary Art and Craft Office Stationary Computer Stationery By End Users
Education Sector Commercial Sector By Distribution Channel
Offline Distribution Channel Online Distribution Channel By Geography
Nigeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Egypt {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} South Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Algeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Morocco {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Kenya {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Rest of Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)} Download Exclusive Sample Report @ https://www.goldsteinresearch.com/request-sample/africa-stationery-market
Market Trends, Drivers, and Challenges
One of the major trends in the Africa stationery market is the price-sensitive population of Africa and most of the stationery requirements from African countries are lower priced goods- the quality of the product being a secondary concern. As a result, the cheaper stationery goods from Asian and Gulf countries such as China, India, UAE and other East Asian countries have been more fruitful in African market as compared to those of Europe. Further, escalating enrollments of students in schools also have paved the smooth path for the market growth during the forecast period. For instance, overall enrolment of primary school-age rose from 91 million in 2000 to more than 156 million in 2014.
'Africa Stationery Market Reportfrom the market research agency Goldstein Research has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Africa Stationery market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players.
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