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ISSN: 2151-6219

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Research Article

Industry Analysis of the Stationary Sector in India: A Market Acceptance Study

Sunny Oswal*

Faculty of Marketing and Operations Nmims University, Mumbai, India

*Corresponding Author:
Dr. Sunny Oswal
Faculty of Marketing and Operations Nmims University, Mumbai, India
Tel: +374 10 23-72-61
E-mail: [email protected]

Received date: May 13, 2014; Accepted date: August 10, 2014; Published date: August 20, 2014

Citation: Oswal S (2014) Industry Analysis of the Stationary Sector in India: A Market Acceptance Study. Bus Eco J 5: 103. doi: 10.4172/2151-6219.1000103

Copyright: © 2014 Oswal S. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Abstract

The writing instruments market in India is a very lucrative market for various brands worldwide simply because of its sheer size. This market is estimated at 1600 to 2400 mn pieces a year and Rs 22 bn in value. A number of Indian as well as International players are in the race to tap this market to the fullest. This paper is the result of a through field study done over a period of 11 months. Most of the data in this paper comes from primary sources that include consumer surveys, retail surveys, lab experiments and expert opinions. The research Methodology is detailed in subsequent chapters. This study primarily aims at mapping the Indian stationary market to achieve its objectives. Objectives that include gauging market from a macro perspective, analyzing the brand preferences, the consumer buying behavior, retailer BTL activities etc. The ultimate objective of the study is to study the user acceptance of various parameters by mapping this market. This Research Paper is aimed at presenting the findings of a thorough primary and secondary work done to explore the market acceptance for a new entrant. Also, this study throws light on the Consumer behavior and retail (POP) factor for writing instruments industry.

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