Toronto ON, May 20, 2022 – As part of a continuing effort to provide the most comprehensive view of key retail markets in Canada, The NPD Group today announced the launch of its Office Supplies Retail Tracking Service in Canada. The service will provide point-of-sale data for Canada’s office supplies market including information on market size, market share, and consumption. Additionally, clients will be able to glean comprehensive views of the market, including:
- Top-selling items
- Average selling prices to align with consumer spend
- National and regional performance across six regions in Canada
- Insights across 10 key categories and 48 subcategories
“Changing workplace needs and purchasing patterns will continue to shift the office supplies industry in Canada,” said Shaun Correa, President of Canada Technology, Home, Office Supplies & Entertainment at The NPD Group. “With the launch of this new service we are deepening our commitment to equipping our clients with powerful, relevant solutions and services to help grow business in this complex environment.”
What’s Happening in the Canadian Office Supplies Industry?
The Canadian office supplies industry performed well in 2021 with dollar sales increasing 11% on the year. Growth was driven by higher ASPs and back-to-school sales compared to 2020 which was characterized by uncertainties due to the pandemic. Looking at the 12 months ending April 2022, sales increased by 10%. Average sales price also grew during the period at 8%. Looking at category importance and growth, we see that all 9 out of 10 categories recorded growth in 2021.
Looking ahead to 2022, we expect that higher prices will continue to drive dollar performance – especially during the critical “back-to-school” season. Additionally, the top five categories are expected to retain importance and drive overall performance for the year.
Source: The NPD Group L.P. Jan-Dec 2021, Office Supplies Retail Tracking Service, Canada
Source: The NPD Group L.P. 12 Months Ending April 2022, Office Supplies Retail Tracking Service, Canada