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Stock impact report

Office Supply Market Experiencing Resilient Growth Due to Factors such as Digitalization and eCommerce Expansion | Future Market Insights Inc. [Yahoo! Finance]

The ODP Corporation (ODP) 
Last the odp corporation earnings: 2/26 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.officedepot.com
Company Research Source: Yahoo! Finance
market growth is being driven by the booming worldwide services industry, coupled with the rising product consumption in the education sector. NEWARK, Del, April 08, 2024 (GLOBE NEWSWIRE) -- Estimated that the market for office supplies will be valued at US$ 174.4 billion in 2024, and is predicted to rise at a CAGR of 2.4% from 2024 to 2034. By 2034, the market is expected to reach a value of US$ 221.0 billion The market for office supplies is being driven by the increasing integration and automation of various processes that have resulted in a higher demand for electronic devices, furniture, and other supplies that aid in the efficient functioning of offices. This has also led to suppliers expanding their service capabilities by including non-core office supplies. The closure of small supply stores due to digitalization has shifted the focus to determining prices based on factors such as geographic coverage and distribution assurance, thereby spurring growth in the office supply Show less Read more
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