Office Stationery Manufacturing in Canada Industry Market Research Report from IBISWorld Has Been Updated

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From electronic bill pay to cloud-based document storage, virtually all forms of paper transactions and documents are transitioning to electronic mediums. For this reason, industry research firm IBISWorld has updated a report on the Office Stationery Manufacturing industry in its growing industry report collection.

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Consumers will continue replacing their everyday stationary items with electronics

The Office Stationery Manufacturing industry is expected to decrease marginally over the five years to 2014, as companies and consumers increasingly use electronic substitutes in place of industry products. From electronic bill pay to cloud-based document storage, virtually all forms of paper transactions and documents are transitioning to electronic mediums. Electronic files can be shared instantly through the internet and seamlessly assimilated across several software programs, boosting their appeal relative to products produced by this industry. According to IBISWorld Industry Analyst Britanny Carter, “Increased smartphone ownership has accelerated the movement towards electronics by allowing users to easily access documents on the go.” Moreover, rising environmental concerns have spurred many companies to initiate paperless offices, therefore, reducing their carbon footprint and demand for stationery supplies. These trends are anticipated to continue through 2014, with revenue falling just slightly.

Heavy acquisition activity is anticipated to reduce the number of industry players considerably in the five years to 2014. While much consolidation has occurred on a domestic scale, with Supremex acquiring Pioneer Envelopes in 2010, major international companies are following suit as demand continues to contract; ACCO Brands purchased MeadWestvaco's consumer and office products business over 2012, and RR Donnelley and Sons purchased former rival Esselte in 2014. Operational synergies and reduced competition achieved through these acquisitions are expected to increase overall industry profit during the period. For example, ACCO Brands and MeadWestvaco both operated plants in Ontario and, following the acquisition, ACCO Brands was able to shut down its location and shift the production demands of both plants to MeadWestvaco's facility.

The Office Stationery Manufacturing industry has a moderate level of market share concentration. Declining demand for industry products has forced many companies to exit the industry or purchase smaller players to maintain revenue, leading to a rise in market share concentration over the five years to 2014. For example, Supremex acquired Pioneer Envelopes in 2010. This trend is anticipated to continue over the next five years as consumers continue to increasingly use electronic mediums in place of stationery products.

Industry performance over the next five years is projected to largely mirror the five years prior. “Consumers and businesses will continue replacing their everyday stationery items with electronic substitutes and conduct a growing share of their everyday activities online,” says Carter. Technologies such as cloud-based storage systems and increased smartphone penetration are anticipated to facilitate this trend. Consequently, revenue is forecast to fall slightly during the five years to 2019. Moreover, companies are expected to further consolidate operations and acquire smaller players to bolster revenue despite contracting demand.

For more information, visit IBISWorld’s Office Stationery Manufacturing in Canada industry report page.

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IBISWorld industry Report Key Topics

Operators in this industry purchase paper and paperboard to produce a variety of stationery products used for writing, printing, filing, mailing and similar applications. Industry products are sold directly to stationery wholesalers, retailers and large operators. End users include businesses, students, home offices and households.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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