Art & Office Supply Manufacturing in the US - Industry Market Research Report

Art & Office Supply Manufacturing in the US - Industry Market Research Report

  • November 2020 •
  • 55 pages •
  • Report ID: 619135 •
  • Format: PDF
Out of ink: Operators will likely continue contending with falling demand, downsizing and consolidation

Abstract

Art & Office Supply Manufacturing in the US
Companies in the Art and Office Supply Manufacturing industry manufacture a range of art and office supplies, including pens, pencils, staplers and marking devices. Overall, the industry has contended with enormous challenges over the five years to 2019. For example, text messages and e-mail are extremely popular communication tools that do not require pens, pencils or other writing and drawing supplies, greatly hampering industry growth. Moreover, businesses throughout the country have moved toward conducting operations online and are demanding fewer industry products. In addition, low-cost imports are continuing to put pressure on domestic manufacturers. Overall, industry revenue is anticipated to decline during the current period. Over the five years to 2024, industry revenue is forecast to continue decreasing as the volume of sales of art and office supplies is projected to further decline.

Operators in the Art and Office Supply Manufacturing industry purchase ink, wood, plastics and other materials to manufacture a range of art and office supplies. Industry products include pens, pencils, art goods, staplers, marking devices and carbon paper. Customers include businesses, consumers, wholesalers and office supply retailers.

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.
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