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Office Stationery Wholesale

Office Stationery Wholesale

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Executive summary

Over the five years to 2022, the Office Stationery Wholesaling industry has contended with declining demand, leading to a fall in revenue. Operators in this industry distribute stationery, office supplies and gift wrap. Demand for office stationery has fallen alongside a rise in digitization over the period, in which businesses, retailers and individuals are swapping out pen and paper for their digital counterparts. Schools and colleges, which normally provide a steady stream of demand for the industry, are increasingly using electronic products in classrooms. The COVID-19 (coronavirus) pandemic in 2020 exacerbated the downward trend in demand that the industry was already facing; temporary school and office closures nearly eliminated the need for office stationery altogether as remote work drove consumers toward electronic mediums. Ultimately, industry revenue is estimated to have fallen an annualized 2.1% to $45.8 billion over the five years to 2022, including a 2.6% increase in 2022 alone, as the industry continues to rebound from lows in demand amid the coronavirus pandemic.
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industry revenue;

industry profit;

industry margin;

industry employment;

industry major players;

industry key external drivers;

industry product & structure segmentation;

industry key trends;

industry Life Cycle;

industry Geographic Breakdown;

industry Key Success Factors;

industry Key statistics for previous years;

forecast of industry Key statistics for the next 5 years;

Reference Wordlist

BARRIERS TO ENTRY
High barriers to entry mean that new companies struggle to enter an industry, while low barriers mean it is easy for new companies to enter an industry.

CAPITAL INTENSITY
Compares the amount of money spent on capital (plant, machinery and equipment) with that spent on labor.
IBISWorld uses the ratio of depreciation to wages as a proxy for capital intensity. High capital intensity is more than $0.333 of capital to $1 of labor; medium is $0.125 to $0.333 of capital to $1 of labor; low is less than $0.125 of capital for every $1 of labor.

CONSTANT PRICES
The dollar figures in the Key Statistics table, including forecasts, are adjusted for inflation using the current year (i.e. year published) as the base year. This removes the impact of changes in the purchasing power of the dollar, leaving only the "real" growth or decline in industry metrics. The inflation adjustments in IBISWorld’s reports are made using the US Bureau of Economic Analysis’ implicit GDP price deflator.

DOMESTIC DEMAND
Spending on industry goods and services within the United States, regardless of their country of origin. It is derived by adding imports to industry revenue, and then subtracting exports.

Colloquial Terminology

CARBON PAPER
Paper coated on one side with a layer of a loosely bound dry ink or pigmented coating, usually bound with wax.

CASH-AND-CARRY
Products sold for cash on the spot without an invoice and typically without any sort of delivery service.

DIE-CUT PAPER
Paper that has been cut to size, including a range of sizes and shapes. The most common size is the A4 sheet of paper.

RADIO-FREQUENCY IDENTIFICATION (RFID)
Small electronic devices that serve the same purpose as a bar code and provide a way to identify products.

STATIONERY
Office and consumer paper products such as computer paper, notebooks, writing pads and business stationery.

Details

Falling demand for industry products has created price-based competition among operators, which has, in turn, led to shrinking profit as prices are driven down. Operators have responded by cutting costs where they can, often by closing distribution centers and investing in technologies that reduce their reliance on labor. Consolidation has increased as smaller operators have not been able to sustain the losses. In line with these trends, both the number of industry establishments and industry employees are estimated to decline over the period. Relief associated with an economic recovery in 2021 will temporarily supported industry revenue, as corporate profit and consumer spending rebounded.

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