Stationery Market Research Report

The growing number of educational institutions across the world is the key factor accelerating the growth of the stationery market. Furthermore, the rising literacy rate in developing countries is further surging the growth of the market during the forecast period. For instance, in 2015, South Africa's literacy rate was about 94.0%, whereas, in 2013, it was around 92.0%. The primary factors enhancing the demand of the luxury pens include the increasing number of government initiatives to support education and the rising brand awareness and disposable income among the consumers.

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