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The global office supplies market has the United States and Europe as the leading mature markets, driven by the emerging trend of online ordering, which has enhanced the market growth. The suppliers of the office supplies industry are improving their supply capability by welcoming more products, investing more in the company's online portals, coupled with increasing geographical scope, invigorating the market growth further. Reusable notebooks and dry erase boards, among others, are the potential enhancers of the office supply market as they are created from recycled materials. Office supplies are an array of products, involving consumables and equipment, used regularly in offices by individuals, businesses, or others whose work requires recordkeeping, bookkeeping, cleaning and janitorial, or written communications, and for storage of data or supplies.
Amazon Inc (NASDAQ: AMZN) and Office Depot, Inc. (NASDAQ: ODP) are some of the key players in the global office supplies market. In 2020, Amazon announced a 'smart' shelf that buys the new office supplies automatically when the stock is running short. These new smart shelves have built-in scales that have the ability to automatically reorder office supplies for small businesses when the stock is running low. The Amazon Dash Smart Shelf alerts when the stock is running low as it is a new scale that doubles as a shelf for the office supplies so when the weight decreases, it recognizes when the stock is low and reorders the supplies from Amazon automatically.
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Staples Inc., Office Depot, Inc., Lyreco Group, Amazon Inc., Marken Limited, Deli, Arcadia Technologies Private Limited, and Ryman, among others, are the key players in the global office supplies market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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