Office Supplies Procurement Intelligence anticipated to grow at a CAGR of 2.1% from 2024 to 2030.
Office Supplies Procurement Intelligence The office supplies category is forecasted to grow at a CAGR of 2.1% from 2024 to 2030. In 2023, North America held the largest share of the global category, accounting for 32%. This region’s growth is attributed to the strong demand for personalized stationery, advancements in manufacturing technology, and a rising preference for green products. Asia Pacific is poised to witness the fastest growth rate during the forecast period, due to rapid expansion of urban areas, rising demand for innovative products, expansion of co-working spaces, and increased adoption of e-commerce. Office supplies are utilized by a wide range of end-users to enable administrative tasks, enhance workplace functionality, and ensure a well-equipped and productive workspace. Key end-users of this category include corporations, educational institutes, hospitals, hotels, and NGOs. For instance, hospitals use office supplies for patient records and billing, and ...