Market Overview:
The global stationery rubber bands market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stationery products, especially in developing countries. In addition, the growing trend of using custom-sized rubber bands is also contributing to the growth of this market. The global stationery rubber bands market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into standard size and custom size segments. Standard size rubber bands are more popular among consumers as they are available in different colors and sizes. However, custom-sized rubber bands are gaining popularity among consumers due to their flexibility in terms of sizing and color options. On the basis of application, it can be classified into office use and personal use segments respectively. Office use accounted for a larger share than personal use segment in 2017 owing to increase demand from corporate sector for gifting purpose or promotional activities .Regionally speaking , North America held a dominant position followed by Europe & Asia Pacific region with regards revenue generated through sales .
Product Definition:
A rubber band is a small, thin band of elastic material made from natural rubber or synthetic rubber. It has many purposes, such as to hold papers together, to tie packages together, or to form a hairband.
Standard Size:
The standard size is a term used for sizes of rubber bands. It's basically the most common and widely accepted measurement across the globe for identifying rubber products. The global stationery rubber bands market is driven by factors such as growing population, rapid urbanization, increasing disposable income among middle-class families and rising purchasing power among consumers in emerging economies like China & India.
Custom Size:
Custom size is a term used for elastic rubber bands that are manufactured to exact specifications by an independent Rubber Band Maker (RBM) and sold in retail stores or online. The custom-made rubber band has the same basic structure as standard width, but it can be customized in terms of its overall length.
The most common sizes include 1 Inch, 1.5 Inch, 2 inch.
Application Insights:
The office application segment led the global stationery rubber bands market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of bandages, plasters, and other wound care products for various injuries at work places.
The personal use segment is expected to register a higher CAGR than that of office applications over the forecast period owing to rising number of people suffering from sports-related as well as non-sports injuries worldwide. According to WHO, around 1 billion people annually suffer from sports injuries across the world which accounts for 6% - 8% of total injury cases globally every year. Rising awareness about prevention measures taken against these types of accidents will boost product demand in near future too.
Regional Analysis:
Asia Pacific stationery rubber bands market is anticipated to grow at the highest CAGR of XX% over the forecast period owing to increasing disposable income and rapid urbanization in emerging economies such as China, India, Indonesia, Vietnam and Thailand. Furthermore, growing popularity of office supplies among consumers is expected to drive demand for B2B sales in this region.
North America accounted for a significant share of global revenue in 2017 owing to high purchasing power parity index (PPP) compared with other regions. The U.S., being one of the most developed countries has witnessed an increase in spending on stationery products including writing instruments along with other related accessories such as desk accessories and storage devices since past few years which is further expected fuel growth during the forecast period from 2018 to 2030 (Ref: Writing Instruments Trends Report by American Pen Company).
Growth Factors:
- Increasing demand for stationery products
- Rising disposable income of consumers
- Growing trend of using rubber bands for DIY projects and crafts
- Proliferation of online retail platforms that offer a wide range of stationery products at competitive prices
- Availability of branded and unbranded rubber bands in different colors, sizes, and shapes
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationery Rubber Bands Market Research Report
By Type
Standard Size, Custom Size
By Application
Office, Personal use
By Companies
Dykema, KL Rubber, Hong Ye Rubber, Aero Rubber, World Rubber Ltd., YOSOGO, Aegis Rubber, Progress Inter Rubber, Central Elastic Corporation (CEC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Stationery Rubber Bands Market Report Segments:
The global Stationery Rubber Bands market is segmented on the basis of:
Types
Standard Size, Custom Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Office, Personal use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dykema
- KL Rubber
- Hong Ye Rubber
- Aero Rubber
- World Rubber Ltd.
- YOSOGO
- Aegis Rubber
- Progress Inter Rubber
- Central Elastic Corporation (CEC)
Highlights of The Stationery Rubber Bands Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard Size
- Custom Size
- By Application:
- Office
- Personal use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stationery Rubber Bands Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stationery rubber bands are a type of elastic band that is often used to hold papers together. They are available in different colors and can be easily replaced when they wear out.
Some of the key players operating in the stationery rubber bands market are Dykema, KL Rubber, Hong Ye Rubber, Aero Rubber, World Rubber Ltd., YOSOGO, Aegis Rubber, Progress Inter Rubber, Central Elastic Corporation (CEC).
The stationery rubber bands market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stationery Rubber Bands Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stationery Rubber Bands Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stationery Rubber Bands Market - Supply Chain
4.5. Global Stationery Rubber Bands Market Forecast
4.5.1. Stationery Rubber Bands Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stationery Rubber Bands Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stationery Rubber Bands Market Absolute $ Opportunity
5. Global Stationery Rubber Bands Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stationery Rubber Bands Market Size and Volume Forecast by Type
5.3.1. Standard Size
5.3.2. Custom Size
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stationery Rubber Bands Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stationery Rubber Bands Market Size and Volume Forecast by Application
6.3.1. Office
6.3.2. Personal use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stationery Rubber Bands Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stationery Rubber Bands Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stationery Rubber Bands Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stationery Rubber Bands Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stationery Rubber Bands Demand Share Forecast, 2019-2026
9. North America Stationery Rubber Bands Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stationery Rubber Bands Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stationery Rubber Bands Market Size and Volume Forecast by Application
9.4.1. Office
9.4.2. Personal use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stationery Rubber Bands Market Size and Volume Forecast by Type
9.7.1. Standard Size
9.7.2. Custom Size
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stationery Rubber Bands Demand Share Forecast, 2019-2026
10. Latin America Stationery Rubber Bands Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stationery Rubber Bands Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stationery Rubber Bands Market Size and Volume Forecast by Application
10.4.1. Office
10.4.2. Personal use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stationery Rubber Bands Market Size and Volume Forecast by Type
10.7.1. Standard Size
10.7.2. Custom Size
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stationery Rubber Bands Demand Share Forecast, 2019-2026
11. Europe Stationery Rubber Bands Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stationery Rubber Bands Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stationery Rubber Bands Market Size and Volume Forecast by Application
11.4.1. Office
11.4.2. Personal use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stationery Rubber Bands Market Size and Volume Forecast by Type
11.7.1. Standard Size
11.7.2. Custom Size
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stationery Rubber Bands Demand Share, 2019-2026
12. Asia Pacific Stationery Rubber Bands Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stationery Rubber Bands Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stationery Rubber Bands Market Size and Volume Forecast by Application
12.4.1. Office
12.4.2. Personal use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stationery Rubber Bands Market Size and Volume Forecast by Type
12.7.1. Standard Size
12.7.2. Custom Size
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stationery Rubber Bands Demand Share, 2019-2026
13. Middle East & Africa Stationery Rubber Bands Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stationery Rubber Bands Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stationery Rubber Bands Market Size and Volume Forecast by Application
13.4.1. Office
13.4.2. Personal use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stationery Rubber Bands Market Size and Volume Forecast by Type
13.7.1. Standard Size
13.7.2. Custom Size
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stationery Rubber Bands Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stationery Rubber Bands Market: Market Share Analysis
14.2. Stationery Rubber Bands Distributors and Customers
14.3. Stationery Rubber Bands Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dykema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. KL Rubber
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hong Ye Rubber
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aero Rubber
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. World Rubber Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YOSOGO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aegis Rubber
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Progress Inter Rubber
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Central Elastic Corporation (CEC)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
