Bangladesh Stationery Market (2023-2029) Size, Share, Growth, Forecast, Revenue, Analysis, Forecast, Value & Outlook:Market Forecast By Type, By Sales Channel, By Application and Competitive Landscape

The Bangladesh Stationery Market Revenues are Projected to Grow at a CAGR of 10.3% During 2018-24

Bangladesh Stationery Market Synopsis

The Bangladesh Stationery Market during the COVID-19 pandemic in 2020 was negatively affected owing to the closure of schools and offices. Also, many stationery items are imported, and the pandemic has led to disruptions in transportation and logistics, causing delays and shortages of products. However, the rise in the total number of branches of banks from 10,578 in 2019 to 11,030 in October’2022 resulted in the growth of market revenues of stationery items. Moreover, during the period, January 2020-January’2023, the population in the country increased by 8 million, and in order to pursue a good quality of education in urban places, the urban population grew from 37% to 40% in the same period which led to a great demand of stationery products in the past years.

According to this research, the Bangladesh stationery market size is projected to grow at a CAGR of 3.3% during 2023-2029. The Bangladesh stationery market is expected to show significant growth over the coming years on account of the initiatives taken by the government of Bangladesh such as Shobai Miley Shikhi (“Everyone Learns Together”), a Pilot Programme that includes the development of schools, reaching out to children in hard-to-reach areas, and introduction of art & craft in courses. These initiatives would increase the enrolment of students in primary and secondary schools which would propel the Bangladesh Stationery Industry in the forthcoming years. Moreover, the government plans to increase the percentage of enrolments of students in technical education from 17% in 2022 to 30% by 2030 which would further create more demand for stationery products.

Market by Type

Paper products acquired a major revenue share in the Bangladesh stationery market due to their widespread use in offices and education institutions. Additionally, the government's efforts to strengthen the educational sector with initiatives like Everyone Learns Together would raise demand for paper products in the coming years.

Market by Sales Channel

Due to the rapid and simple availability of stationery items such as pens, paper, and art & craft items in nearby specialized stores, convenience stores, and other retail shops, the offline sales channel gained the majority of the revenue share in the Bangladesh stationery market and would maintain its dominance during the forecast period.”

Market by Application

The educational sector acquired the major revenue share in the Stationery Market in Bangladesh on account of the rise in the number of institutions which has grown from 3,000 in 2012 to 6,000 in 2019. Further, initiatives to bring back the out-of-school children are supported by Qatar with funding of $1.27 million which would further boost the use of stationery items in the education sector.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 11 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Bangladesh Stationery Market Overview
• Bangladesh Stationery Market Outlook
• Bangladesh Stationery Market Forecast
• Historical Data and Forecast of Bangladesh Stationery Market Revenues, for the Period 2019-2029F
• Historical Data and Forecast of Bangladesh Stationery Market Revenues, By Types, for the Period 2019-2029F
• Historical Data and Forecast of Bangladesh Stationery Market Revenues, By Sales Channel, for the Period 2019-2029F
• Historical Data and Forecast of Bangladesh Stationery Market Revenues, By Application, for the Period 2019-2029F
• Bangladesh Stationery Market Drivers and Restraints
• Bangladesh Stationery Market Trends
• Bangladesh Stationery Market Porters Five Forces
• Bangladesh Stationery Market Opportunity Assessment, By Types, 2029F
• Bangladesh Stationery Market Opportunity Assessment, By Sales Channel, 2029F
• Bangladesh Stationery Market Opportunity Assessment, Application, 2029F
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Paper Products
• Writing Instruments
• Office Stationery
• Art & Craft Stationery

By Sales Channel

• Online
• Offline

By Application

• Educational
• Commercial
• Others