Office Supply Stores in Canada - Industry Market Research Report

Office Supply Stores in Canada - Industry Market Research Report
Office Supply Stores in Canada

Office supply stores are highly reliant on sales to business across the economy, offering products ranging from computers to pencils and services like custom printing and tech assistance. As businesses and educational institutions increasingly shift to operating through digital platforms, demand for many traditional office supplies has dwindled, resulting in falling sales. External competition is rising sharply, with large retailers like Amazon and Walmart offering the same or similar products and services at lower prices, siphoning away customers. As a result, revenue has been declining at a CAGR of 3.5% over the past five years and is expected to reach $3.0 billion in 2023, when revenue will contract an estimated 6.0%.

The Office Supply Stores industry in Canada primarily sells stationery, school supplies and office supplies. Stores may also sell a combination of new computers, office equipment, furniture and supplies. This industry does not include general merchandisers or electronic retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.