NEW YORK, June 30, 2023 /PRNewswire/ -- The office stationery supplies and services market size in the Middle East is estimated to grow by USD 725.04 million from 2022 to 2027, growing at a CAGR of 2.17%, according to Technavio. The largest market for office stationery supplies and services in the Middle East in 2022 was Saudi Arabia. The primary factor driving the growth of the office stationery supplies and services market in Saudi Arabia is the increasing number of SMEs and multinational corporations (MNCs). Furthermore, the rising number of corporate activities and the increase in the number of office spaces in the country are expected to drive the growth of the office stationery supplies and services market in the Middle East. Moreover, the real estate industry and government initiatives supporting the development of socioeconomic infrastructure are also driving market growth. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View the Sample report

Vendor Landscape

The office stationery supplies and services market in the Middle East is fragmented; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers & Challenges

Demand for customized office stationery is the key factor driving the growth of the market in the region. Customized stationery such as pens, notebooks, and desk calendars having company and business information and logos helps to attract employees, partners, and customers. The rapid increase in investments from businesses of all sizes and industries is helping to improve professionalism and advertising. The specific logos made in specific colors and patterns are sold by shops and businesses. This helps to build and express a positive and professional environment among the company employees. Hence, these factors are expected to drive the market growth during the forecast period.

Price wars due to intense competition are the major challenges impeding the growth of the market. The presence of many regional and international suppliers makes the Middle East office supplies and services market fragmented. As a result, the market is experiencing intense competition. The diffusion pricing strategies are being adopted by companies that create more competition and lead to price wars. Local players target the large companies' product offerings at a lower price to fulfill the needs of local consumers and local businesses. Hence, this high competition in the market is expected to restrict the growth of the market in the region.

Key Trends

Increasing demand for recyclable stationery products is the major trend shaping the market. The popularity of eco-friendly stationery products has attracted more consumers due to which the production of these products has increased. For Instance, countries such as Saudi Arabia and the United Arab Emirates have a high demand for sustainable and environmentally friendly products. Furthermore, the demand for office products made from recycled materials is high due to the increasing awareness among customers. The highest-sold products in the recycled material segment include loose filler paper notebooks, appointment books, calendars, and others. Hence, these factors are expected to drive the growth of the market during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The office stationery supplies and services market in the Middle East report includes information on the product launches, sustainability, and prospects of leading vendors including 3M Co., ACCO Brands Corp., Al Kharji LLC, Allied Instruments Pvt. Ltd., Asia Pacific Resources International Holdings Ltd., Carioca S.p.A, CCL Industries Inc., D.H.A. Siamwalla Co. Ltd., Deli Group Co. Ltd., DURABLE Hunke and Jochheim GmbH and Co. KG, edding Aktiengesellschaft, ExaClair Ltd., Farook International Stationery, Fellowes Inc., Middle East Stationery and Trading Co., Rexel, SOCIETE BIC, Staples Inc., The Hamelin Group Holdham, and The ODP Corp..

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

Market Segmentation

The market is segmented by product (consumables, durables, and adhesives) and distribution channel (offline and online)

• The consumables segment will account for a major share of the market's growth during the forecast period. Paper-based products, desk supplies, filing supplies, and mailing supplies are included in this segment. The major factors driving the growth of the consumables segment in the region are the rising number of small and medium enterprises (SMEs) and start-ups. Furthermore, the demand for paper products and desk supplies such as pens, pencils, and ink cartridges is increasing. The companies are actively involved in activities to promote the plantation of trees. For example, Staples Inc. has also joined a charity, Plant-for-the-Planet, to plant trees. Hence, these factors are expected to drive the growth of the segment in the region during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

• 4.1 Office stationary supplies and services market in Middle East 2017 - 2021

• 4.2 Product Segment Analysis 2017 - 2021

• 4.3 Distribution channel Segment Analysis 2017 - 2021

• 4.4 Geography Segment Analysis 2017 - 2021

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.2 Bargaining power of buyers

• 5.3 Bargaining power of suppliers

• 5.4 Threat of new entrants

• 5.5 Threat of substitutes

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by Product

• 6.1 Market segments

• 6.2 Comparison by Product

• 6.3 Consumables - Market size and forecast 2022-2027

• 6.4 Durables - Market size and forecast 2022-2027

• 6.5 Adhesives - Market size and forecast 2022-2027

• 6.6 Market opportunity by Product

7 Market Segmentation by Distribution Channel

• 7.1 Market segments

• 7.2 Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027

• 7.4 Online - Market size and forecast 2022-2027

• 7.5 Market opportunity by Distribution Channel

8 Customer Landscape

• 8.1 Customer landscape overview

9 Geographic Landscape

• 9.1 Geographic segmentation

• 9.2 Geographic comparison

• 9.3 Saudi Arabia - Market size and forecast 2022-2027

• 9.4 United Arab Emirates - Market size and forecast 2022-2027

• 9.5 Qatar - Market size and forecast 2022-2027

• 9.6 Rest of Middle East - Market size and forecast 2022-2027

• 9.7 Market opportunity by geography

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.3 Landscape disruption

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.2 Market positioning of vendors

• 12.3 3M Co.

• 12.4 Al Kharji LLC

• 12.5 Asia Pacific Resources International Holdings Ltd.

• 12.6 D.H.A. Siamwalla Co. Ltd.

• 12.7 Deli Group Co. Ltd.

• 12.8 DURABLE Hunke and Jochheim GmbH and Co. KG

• 12.9 edding Aktiengesellschaft

• 12.10 ExaClair Ltd.

• 12.11 Farook International Stationery

• 12.12 Middle East Stationery and Trading Co.

• 12.13 Rexel

• 12.14 SOCIETE BIC

• 12.15 Staples Inc.

• 12.16 The Hamelin Group Holdham

• 12.17 The ODP Corp.

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• 13.3 Currency conversion rates for US$

• 13.4 Research methodology

• 13.5 List of abbreviations

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