Office supplies

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Inside a stationery supplier in Hanoi. Vanphongpham-InsideStationeryShop03012009606.jpg
Inside a stationery supplier in Hanoi.

Office supplies are consumables and equipment regularly used in offices by businesses and other organizations, by individuals engaged in written communications, recordkeeping or bookkeeping, janitorial and cleaning, and for storage of supplies or data. The range of items classified as office supplies varies, and typically includes small, expendable, daily use items, consumable products, small machines, higher cost equipment such as computers, as well as office furniture and art. [1]

Contents

Typical products

A stationery box Stationary Box.jpg
A stationery box
Shelves full of office supplies Office Products.JPG
Shelves full of office supplies

Office supplies are typically divided by type of product and general use. Some of the many different office supply products include

Common supplies and office equipment items before the advent of suitably priced word processing machines and PCs in the 1970s and 1980s were: typewriters, slide rules, calculators, adding machines, [2] carbon- and carbonless paper.

Many businesses in the office supply industry have recently[ when? ] expanded into related markets[ citation needed ] for businesses like copy centers, which facilitate the creation and printing of business collateral such as business cards and stationery, plus printing and binding of high quality, high volume business and engineering documents. Some businesses also provide services for shipping, including packaging and bulk mailing and even offer diverse services like screen printing, office coffee, office fruit and office grocery delivery. In addition, many retail chains sell related supplies beyond businesses and regularly market their stores as a center for school supplies with August and early September being a major retail period for back to school sales.

Market size

The global office supplies market, valued at USD 151.46 billion in 2022, is projected to witness a 2.1% compound annual growth rate (CAGR) from 2023 to 2030 [3] . The industry's expansion is attributed to the flourishing global services sector and increased product consumption in education. Rising environmental consciousness is driving consumers towards sustainable sourcing, production, and packaging to minimize carbon footprint. However, the COVID-19 crisis adversely affected the market, with lockdowns and social distancing measures leading to decreased demand for traditional office supplies in corporate settings worldwide. [4]

See also

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References

  1. "Office Supplies Definition". Law Insider. Retrieved 2024-02-08.
  2. "Carbons to Computers". www.smithsonianeducation.org. Smithsonian Institution. 1998. Retrieved 5 April 2015.
  3. "Office Supplies Market Size, Share & Growth Report, 2030". www.grandviewresearch.com. Retrieved 2024-07-24.
  4. "Office Supplies Market Size, Share & Growth Report, 2030". www.grandviewresearch.com. Retrieved 2024-02-08.