Consumer Stationery Retailing Market – Post Pandemic Recovery Plan – Strategies and Processes | Growing Emphasis on Omnichannel Retail to Boost Market Growth | Technavio
LONDON–(BUSINESS WIRE)–The consumer stationery retailing market is expected to grow by USD 6.35 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
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Traditional retail outlets such as stationery stores and distributor shops continue to remain the major revenue generators for the furniture market. These stores operate as multi-brand outlets with a high emphasis on product variety, price-based promotions, and consumer shopping experience. Moreover, the growing penetration of internet-enabled devices is increasing the sale of consumer stationery products through online retail platforms. Hence, many retailers in the market are increasingly adopting omnichannel retail strategies to