UAE Stationery Market size is projected to grow at a CAGR of 2.9% during 2023-2029F

Offline channels dominated the market by attaining the largest revenue share in the UAE Stationery Market – 6Wreseach

By Sales Channels, the UAE stationery market is dominated by conventional offline channels that consumers prefer for purchasing Stationery products as offline channels are easily accessible through retail stores located in every locality that offer competitive prices and promotional deals. Moreover, the offline channel's predominance is further bolstered by the increasing number of specialty stores, hypermarkets, and supermarkets spread throughout the country.

According to 6Wresearch, the UAE Stationery Market size is projected to grow at a CAGR of 2.9% during 2023-2029F. The UAE stationery market is predominantly propelled by the education sector, with a substantial percentage of sales being generated by students. In 2017, the UAE government introduced a "national strategy for higher education 2030, which seeks to enhance the quality and competitiveness of higher education by 2030. This includes improving academic programs and research activities at universities. Additionally, the influx of foreign students has increased from 48,881 in 2019 to 51,652 in 2022, further driving growth in the country's stationery market.

In 2022, UAE demand for office space increased by 30%, In Dubai, many companies either opened their new office or expanded in the city including Singapore-based HR tech company Darwinbox, the Swiss superautomatic expresso machine manufacturer Eversys, Swiss corporate service provider Alpadis Group, Romanian prop-tech startup Directimo, AGP Corporate Services, ZRG Partners and many others. Also, Abu Dhabi reported 344,900 square feet (32,000 square meters) of new office demand last year, up 5% from 2021, more companies are eager to rent space there. Almost 20% of new needs came from tenants in the banking and financial industry which would further boost the tertiary sector activities. The tertiary sector with almost 64% of the total workforce in UAE contributes almost 52% to the GDP of UAE. Also, the planned fiscal reforms, including the expected introduction of a corporate income tax and gradual phasing out of business fee structures would further boost the investment coming in tertiary sector corporate jobs.

According to Ravi Bhandari, Research Head, 6Wresearch, in the UAE Stationery market, Paper products are expected to witness the maximum growth in the forecasted period in the Writing instruments segment owing to their extensive usage in educational institutions and official sectors.

The UAE Stationery Market (2023-2029) report provides an in-depth analysis with 17 figures and 7 tables, covered in 68 pages. The report comprehensively covers the market by type, sales channel, and application. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.