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NEWS INDIA
Growth in MEA’s stationery sector
The expansion of the Syed Ali Akbar, Show to the Saudi capital.
office and education sectors Director for Paperworld Over 365,000 students are
in the Middle East and Middle East and Gifts and currently enrolled in private
Africa (MEA) is driving sig- Lifestyle Middle East. schools in Dubai, and due to
nificant growth in the paper The Middle East and population growth and sig-
products sector, according Africa schools supply mar- nificant investments in the
to findings from 6W ket is expected to rise from sector in the UAE, the educa-
research. They estimate that US$7 billion this year to tion market is expected to
market revenues for paper US$8.9 billion in 2030. grow at a steady rate. In
and paper products will According to UNESCO, 2022, the UAE Government
reach US$16.4 billion by Africa needs at least nine allocated $5.18 billion to the
education sector, represent-
2030, growing at a CAGR of million new classrooms and ing approximately 14% of the
3.4%. The office sector in Growth in MEA’s office & education sectors gives positive outlook 9.5 million additional teach- total federal budget.
the UAE employs 64% of the ers by 2050, with new Paperworld Middle East is
country’s workforce and corporations are choosing “The increased demand schools and classrooms the largest international
contributes to over half of Riyadh as the location for for office space in the already under construction. trade show for stationery,
the nation’s GDP. In 2024, their regional headquarters, Middle East region will Three new British schools paper, and office supplies.
Dubai is expected to expand where office occupancy lev- directly boost the office sup- are set to open in Riyadh This year’s event theme is
its office space by an addi- els are currently around plies industry, with paper, between 2024 and 2026, “Crafting Global
tional 44,000 square meters, 98%. paper products and station- and the Royal Commission Connections,” highlighting
while Abu Dhabi plans to Over the next three years, ery being important compo- for Riyadh City the exhibition’s role as a cen-
add 112,000 square meters. it is predicted that 676,000 nents of this segment. As a International Schools tral hub for the industry
In Qatar, an additional square metres of office space result, we expect an uptick Programme, in cooperation worldwide. The exhibition
350,000 square meters of will be added in Saudi in sales of products such as with the Ministry of will feature over 480 exhibi-
additional office space is Arabia’s capital, while writing printing paper, writ- Education and Ministry of tors from 40 countries and is
planned this year. A growing demand for office space in ing utensils and other office Investment, aims to attract estimated to attract 12,000
number of multinational Jeddah is also growing. supplies equipment”, said major international schools visitors.
Mimaki’s UV LED printers can add an extra layer to signage
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06 PrintWeek MENA July-August 2024 www.printweekmena.com