Back to School Trends and Forecast
The future of the global back to school market looks promising with opportunities in the online and offline markets. The global back to school market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are rapid expansion of educational institutes and organization, rising student enrollment in schools and surge in spending on stationery and supplies by parents for their children in developing countries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Back to School by Segment
The study includes a forecast for the global back to school by type, distribution channel, and region.
Back to School Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Clothing & Accessories
• Stationery Supplies
• Electronics
Back to School Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Online
• Offline
Back to School Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Back to School Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies back to school companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the back to school companies profiled in this report include-
• The ODP
• Amazon.com
• Acco Brands
• Staples
• Apple
• Faber Castell
• Newell Brands
Back to School Market Insights
Lucintel forecasts that clothing and accessory will remain the largest segment over the forecast period due to increased expenditure on school bags, uniforms, footwear, socks, and related accessories.
Within this market, offline will remain the largest segment due to increasing preference for offline channels by consumers.
APAC will remain the largest region over the forecast period due to prominent manufacturers/key players have a significant presence in the region.
Features of the Global Back to School Market
Market Size Estimates: Back to school market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Back to school market size by type, distribution channel, and region in terms of value ($B).
Regional Analysis: Back to school market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, distribution channels, and regions for the back to school market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the back to school market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for back to school market?
Answer: The global back to school market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the back to school market?
Answer: The major drivers for this market are rapid expansion of educational institutes and organization, rising student enrollment in schools and surge in spending on stationery and supplies by parents for their children in developing countries.
Q3. What are the major segments for back to school market?
Answer: The future of the back to school market looks promising with opportunities in the online and offline markets.
Q4. Who are the key back to school market companies?
Answer: Some of the key back to school companies are as follows:
• The ODP
• Amazon.com
• Acco Brands
• Staples
• Apple
• Faber Castell
• Newell Brands
Q5. Which back to school market segment will be the largest in future?
Answer: Lucintel forecasts that clothing and accessory will remain the largest segment over the forecast period due to increased expenditure on school bags, uniforms, footwear, socks, and related accessories.
Q6. In back to school market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to prominent manufacturers/key players have a significant presence in the region.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the back to school market by type (clothing & accessories, stationery supplies, and electronics), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Back to School Market, Back to School Market Size, Back to School Market Growth, Back to School Market Analysis, Back to School Market Report, Back to School Market Share, Back to School Market Trends, Back to School Market Forecast, Back to School Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.