Where is the Volume? 2023 was yet another turbulent year for the business products (BP) industry. As some demand patterns looked to recover from the COVID pandemic, sustained and significant inflation distorted the market significantly. Many BP suppliers congratulating themselves on achieving moderate – or even strong – value sales growth in 2023 found themselves
2022 was a turbulent year for the business products (BP) industry. As the world was gradually emerging from the restrictions of the COVID pandemic, it was hit by worldwide raw material shortages, inflation, and major currency fluctuations – as well as the far-reaching effects of the war in Ukraine. All of these factors have forced
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Were the events of 2020 a definitive turning point for the global office products OP industry? Will 2021 continue the upheaval seen in the market in the last 12 months or will it settle back into something resembling what it used to be?
Senior business supplies executives all over the world now have to define their strategies to successfully navigate the next few years by asking some key questions:
Are traditional ‘core’ office supplies (OS) items now just legacy products?
Will the OS industry continue to see exponential growth in sales of janitorial and PPE items?
Will demand for catering supplies through OS channels begin to revive?