Industry Analysis & Industry Trends
The Paper Stationery Manufacturing industry has steadily contracted over the past two decades as it succumbed to the rising use of electronic communication, data transfer and storage in preference to traditional paper stationery products. The industry has also been exposed to greater penetration of stationery imports from within the EU and from low-cost Asian producers.
The industry is forecast to generate revenue of £570 million in 2012-13, down by 7.5% on the previous year. Revenue has fallen by an average 7.1% per annum over the past five years, as the general economy has struggled to recover from recessionary conditions and the industry confronts the long-term decline in stationery demand... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in a decline phase of its life cycle due to the substitution of traditional paper stationery products with electronic communication and storage technologies.
The widespread adoption of data storage technologies has resulted in a reduced requirement for physical paper records. The increased use of e-mails and text messaging on mobile phones has eroded the demand for letters and envelopes. Paper stationery production has contracted by a staggering 9.4% per annum over the past decade as domestic demand has fallen commensurately. The industry has also steadily declined as a share of the UK economy. Industry revenue is projected to decline by 4.5% per annum over the 10 years through 2017-18, while GDP is projected an average growth of 1.5% per annum... purchase to read more