Office Stationery Supplies and Services Market in the Middle East 2019-2023

NEW YORK, Dec. 20, 2018 /PRNewswire/ -- About this market

The growing popularity of eco-friendly office stationary is expected to drive growth in the market. The popularity of eco-friendly products is increasing due to the rising environmental concerns while manufacturing these products. Technavio's analysts have predicted that the office stationery supplies and services market in the Middle East market will register a CAGR of more than 4% by 2023.

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Market Overview
Growing regional online vendors and omnichannel presence of global vendors
Traditionally, office supply distributors and vendors had their presence limited to brick and mortar model. However, in the past five years the penetration of the internet and smart gadgets has increased the presence of office supply vendors and distributors in online channels as well.
Digitization of office paperwork
The digital tools are preferred over the paper-based office stationary as they provide high accuracy and traceability in data tracking process. Therefore, the shift toward the digitization of work environment will be a key volume challenge for the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the office stationery supplies and services market in the Middle East during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including 3M and Jarir Bookstore the competitive environment is quite intense. Factors such as the growing regional online vendors and omnichannel presence of global vendors and the growing popularity of eco-friendly office stationary, will provide considerable growth opportunities to office stationery supplies and services manufactures. 3M, Jarir Bookstore, Office Depot, OfficeRock, and Staples are some of the major companies covered in this report.

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