Industry Analysis & Industry Trends
With the ubiquity of electronic communication, the Art and Office Supply Manufacturing industry has experienced declining sales during the past five years. Buying markets that have been strong in the past, such as K-12 students and large businesses, have shrunk significantly as these customers seek out substitute technologies in the form of electronic communication and storage. The future performance of the industry looks bleak, particularly as import substitution and the use of electronic communication continue to decrease demand for industry products. Similarly, widespread adoption of electronic technologies is also expected to continue over the next five years, further decreasing demand from businesses... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Art and Office Supply Manufacturing industry has a medium level of market share concentration, with the industry's top four players estimated to make up 40.7% of industry's revenue in 2014. The remainder of revenue is divided among 522 firms, which are mostly small to medium-sized enterprises.
Slowing demand conditions and strong competition have resulted in consolidations, mergers and acquisitions and company exits over the past five years. For example, the industry's largest company, ACCO Brands, acquired MeadWestvaco Corporation's consumer and office products business in 2012. However, another player, Crayola, is estimated to have lost market share over the five years to 2014, due to falling sales and production... purchase to read more