Office Stationery Wholesale

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