Pakistan Stationery Market Synopsis
Pakistan Stationery Market was negatively affected during the COVID-19 pandemic in 2020 due to the temporary closure of educational institutions and commercial places, which led to a decrease in the sale of stationery products. However, as schools reopened, the market started to recover on the back of an upsurge in government investment in the education sector, coupled with a declining rate of student dropouts from schools, which decreased from 21.4% in 2019 to 19% in 2022.
According to 6Wresearch, Pakistan Stationery Market size is projected to grow at a CAGR of 2.3% during 2023–2029. The high inflation crisis in Pakistan, which has reached a 50-year high at 35.4%, with inflation in Stationery products being at 47%, may have negative consequences for Pakistan Stationery Industry. This situation could lead to a decrease in demand for stationery products caused by high prices, which could change the competitive landscape and possibly result in smaller players leaving the market. However, Pakistan has seen a significant rise in enrolment figures for pre-primary education, with a 6.1% increase to reach 13.5 million in the academic year of 2020-21. This is projected to increase further by 6.4% to 14.4 million enrolments in the upcoming academic year of 2022-23. The trend was not limited to pre-primary education but was also observed across primary, middle, secondary/high school, higher secondary, and technical/vocational education with enrolment growth ranging from 3.9% to 8.8%. This increase in student enrolment has led to a corresponding increase in demand for stationery items, thereby contributing to the expansion of the Stationery Market in Pakistan. With a projected increase in literacy rates from 62.3% in 2022 to 70% by 2027, this would further contribute to Pakistan Stationery Market in the upcoming years. The stationery market size in Pakistan will propel since the sector is driven by a number of factors.
Market by Application
The educational sector has acquired the major revenue share in Pakistan Stationery Market due to a rise in the number of institutions, which has grown from 187 in 2019 to 269 in 2021. Moreover, initiatives aimed at bringing back out-of-school children are being supported by organizations such as UNICEF, USAID, and various NGOs through the provision of scholarships to the most vulnerable students and by helping Pakistani universities improve the quality of education. These efforts are expected to further boost the use of stationery items in the education sector.
Key Highlights of the Report
- Pakistan Stationery Market Overview
- Pakistan Stationery Market Outlook
- Pakistan Stationery Market Forecast
- Historical Data and Forecast of Pakistan Stationery Market Revenues, for the Period 2019-2029F
- Historical Data and Forecast of Pakistan Stationery Market Revenues, By Types, for the Period 2019-2029F
- Historical Data and Forecast of Pakistan Stationery Market Revenues, By Sales Channel, for the Period 2019-2029F
- Historical Data and Forecast of Pakistan Stationery Market Revenues, By Application, for the Period 2019-2029F
- Pakistan Stationery Market Revenue Share, By Market Players
- Pakistan Stationery Market Drivers and Restraints
- Pakistan Stationery Market Trends
- Pakistan Stationery Porters Five Forces
- Pakistan Stationery Opportunity Assessment, By Types, 2029F
- Pakistan Stationery Opportunity Assessment, By Sales Channel, 2029F
- Pakistan Stationery Opportunity Assessment, Application, 2029F
- Market Player’s Revenue Ranking
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
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