Report gives positive outlook for Spanish OP market
| 21 May, 2014
The Office Stationery, Supplies, and Services market in Spain is expected to grow at a CAGR of 2.94 percent over the period 2013-2018, according to a report by Reportstack - Office Stationery, Supplies, and Services Market in Spain 2014-2018.
The report cites an increase in the purchase of luxury stationery items as a trend. It adds that the Office Stationery, Supplies, and Services market in Spain is driven by many growth factors, one of which is the increase in the working population. This is expected to help the market grow because the sale of office stationery items is highly correlated with the working population.
Further, the report states that the increased adoption of computers and other electronic devices instead of conventional paper-based stationery is a major challenge faced by the market.