Solid-State Drive (SSD) Market Will Experience Robust Growth And Will Boost With A CAGR Of 17% By 2027

 According to the report title “Global Solid-State Drive (SSD) Market Outlook, 2027”, published by Bonafide Research, the Solid-State Drive is expected to reach more than $40 Billion in the year 2021. It is expected to expand at a compound annual growth rate (CAGR) of 17% from 2022 to 2027. The data storage industry is expected to witness an increase in its consumption over the next couple of years. In order to fulfill this massive need, the two leading storage solutions, namely hard disk drives and solid-state drives, have emerged as the ones to use.

Unlike traditional storage mediums, a Solid-state drive (SSD) is a new generation of storage device used in computers. SSDs simply use flash-based memory, which is far faster than a mechanical hard disk. Traditionally, data was stored primarily on mechanical hard drives and these hard disk drives (HDDs) are mostly based on moving parts, like a read/write head that goes back and forth to gather data. The new SSD work completely differently. They use a memory chip called NAND flash, which has no moving parts and near-instant access times. Rather than a magnetic platter, files are saved on a grid of NAND flash cells and each grid which is also called a block can store between 256 KB and 4MB. In SSD data is stored in integrated circuits. Which is different from HDDs and it also has a lot of implications, especially in size and performance. Without the need for a spinning disk, SSDs can reduce to the shape and size of a stick of gum (known as the M.2 form factor) or even as small as a postage stamp. It has a capacity that how much data they can hold and makes them flexible for smaller devices, such as slim laptops, convertibles, or 2 in 1s. SSDs dramatically reduce access time since users don’t have to wait for magnetic platter rotation to start. Initially, In terms of cost, SSDs are more expensive than HDDs per amount of storage (in gigabytes and terabytes), but the gap is closing as SSD prices decline at a faster pace than HDD prices year over year.

Region-wise, Asia Pacific contributed the highest market share approx. 40% shares of the global market. The Increasing popularity of cryptocurrencies such as Bitcoin has resulted in shortages of graphics cards as crypto miners buy them in bulk. The new cryptocurrency is called Chia, which is developing on peer-to-peer Bit Torrent protocol and uses a proof of space-time model rather than a proof of work model. It means Chia relies on storage instated of processing performance to mine, and it means a lot less wasted electricity in the process and required more storage capacity. Increasing online storage services and providing fast and cheaper solution for storage require less need for high-capacity local storage. Therefore models with less storage capacity with SSD gaining popularity in the market. In the global market, By Storage size, under the 500 GB dominating in 2021 and contributing more than 50%.

Impact of Covid-19 on Solid-State Drive Market:
In 2020, a sudden outbreak of the COVID-19 pandemic has disrupted the supply chain globally. In the same year, the growth of the market reported was decreasing due to the imposition of lockdown in almost all the major countries and halted manufacturing activities resulting in delayed production.
 
Major Companies present in the market:
Samsung Electronics Co. Limited, Kingston Technology Corporation, Western Digital Corporation, Seagate Technology Holdings Public Limited, Intel Corporation, Adata Technology Co. Ltd, Kioxia Holdings Corporation, Micron Technology, Inc., SK Hynix Inc., Transcend Information Inc.

Considered in this report
•   Geography: Global
•   Historic Year: 2016
•   Base year: 2021
•   Estimated year: 2022
•   Forecast year: 2027

Aspects covered in this report
• Global Solid-State Drive market with its value and forecast along with its segments
• Region & country wise market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions & Countries covered in the report
• North America – United States, Canada, Mexico
• Europe- Germany, United Kingdom, France, Italy, Spain, Russia
• Asia-Pacific – China, Japan, South Korea, India, Australia
• Latin America- Brazil, Argentina, Columbia
• Middle-East & Africa- UAE, Saudi Arabia, South Africa

By End User of Solid-State Drive in the report:
• Client SSD
• Enterprise SSD
• Others

 By Interface in the report:
• SATA
• SAS
• PCIE

 By Storage Size in the report:
• Under 500 GB
• 500 GB–1 TB
• 1 TB – 2 TB
• Above 2 TB

Table Of Content
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic /Demographic Snapshot
5. Global Solid-State Drive Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By Interface
5.2.5. By End User
5.2.6. By Storage Size
…continue 

Everything You Need To Know About Diaper.

 We all are very well-known with the word called “Diaper“. Nowadays people are ashamed of saying or listening to this word. But as we know there’s no need to feel ashamed because at some point in life we all have used it. It can be used by infants, adults having mental problems, patients as well as senior age people. Diaper helps to absorb urinates and prevents stains on the outer clothing. When the diaper gets wet, they need to be changed with proper care with the help of parents or caretaker.

Parenthood has many joys but diaper changing is not one of them. The invention of diapers was done in the 1940s for travel use. It took several years for the idea to catch on but when it did the diaper duty was never the same. Disposable diaper represents a change for the better helping parents make the best of a messy business. They start with super absorbent polymer particles which drop into a forming chamber, pop unwinds into the same chamber, and a spray of water helps up press any static electricity that could interfere with processing. Inside the pump mixes with the polymer particles, the result is the fluffy absorbent material that will be the diaper core. The rotating drum shapes the fluffy material into the padding, another vacuum drum then merges the padding into a moving web of fabric. Guides fold the fabric around the padding and a hot adhesive seals it.

Do you know who invented diapers? Yes, the lady named Marion Donovan invented the diapers. Marion Donovan’s mother died when she was young and so lived with her father. She realized the need for the diaper when she became a mother. And so she tried to make a diaper from cloth and sewing machine and after many failed attempts, she discovered the diaper. Then she tried hard to sell them but people were least interested in the diapers and then later people understood the importance of diapers. She earned profit by selling the diapers and then in 1950 she sold her patent of diapers to an American company for which she got one million dollars. In the United Kingdom, the diaper came to know as nappy which is a diminutive form of the napkin. For cloth diapers, wool pants, or sometimes rubber pants were used to prevent leakage from the diaper.

After a few decades, there was a huge competition between Procter & gamble’s Pampers and Kimberly Clark’s Huggies which resulted in a reduction in diaper prices and a change in the design. Various changes were done like a double gusset was used in a diaper to improve its fitting.

We all use to think that why we should take proper care while changing a diaper so to clear your doubts I’ll give you brief details about the problems and steps of how to prevent the wearer from the skin issues.

When the second person changes the diaper there are three important aspects of diaper change that can lead to problems.

1)Accidents: because you keep the necessary things far away and when you keep the baby at the diaper changing place alone he/she may roll and can fall down or slip from that place.

2) Infection: because if the diaper changer does not clean the area properly baby may cause infection due to diaper changing.

3) Rash: the diaper changer should take care that whether the diaper suits the baby or not.

As far as accidents are concerned you make sure if you plan to change the diaper everything you need whether it is a diaper, diaper bag, cream, or whatever are kept in one place and keep the baby away from the edges. For infections, it is important that you clean the baby from front to back. The baby can be protected from the infection if the parents wash their hands before changing the diaper and make sure that after changing the diaper you should clean the surface properly with no slight stain remaining. If you see the slightest of rash developing it is better to keep the bottom open for an hour or so keeping a sheet under the baby and keeping the bottoms open. In winters it may be a good idea for wearing legging and cutting it from beneath so that the bottom remains open until the legs are wearing something good. And then the diaper changer should use a cream that contains high-zinc oxide and make sure that you don’t rub it on the diaper area but just leave a paste out of it so that it becomes a barrier so if the baby next time passes stool or urine it does not come in contact with the skin because of the layer of zinc oxide. Diapers have their limit so you cannot make the wearer wear them for 24 hours they need to change in 3-4 hours.

5 Pros and Cons of Being In Online Remote Learning Industry

 Every coin has two sides; similarly, online learning has Pros and Cons.

Pros:

There are various reasons why online learning programs have become a popular form of distance learning in higher education today. The online environment offers unexpected opportunities for people who would otherwise have limited access to teaching and a new illustration for educators, developing dynamic Courses of the highest Value.

  Here is a list of a few of the significant benefits of online programs.

• The main advantage of online learning is that it allows students to participate in high-quality learning situations when distance and schedule make on-ground learning difficult-to-impossible. Students can participate in classes from anywhere globally, provided they have a computer and Internet connection. Furthermore, the online format allows physically challenged students and teachers more freedom to participate in class. Participants access the Virtual Classroom through their computers in place of having to “go to class” physically.

• The Virtual Classroom is accessible 24 hours a day, seven days a week. Time efficiency is another strength brought by the online learning format. Nonparallel communication through online conferencing programs allows professionals manipulating work, family, and study schedules to participate in class discussions. There is no question about doing the work; do it at the more suitable times. Students can access their courses at any time of day or night. Further, they have continuous access to lectures, course materials, and class discussions. This is incredibly convenient for those who may need to reread a lesson or take more time to reflect on some material before moving on.

• In the online environment, learners have a certain measure of Invisibility. Judicious factors, such as age, dress, physical appearance, disabilities, race, and gender, are mostly absent-minded. In its place, the focus of attention is clearly on the content of the discussion and the individual’s ability to respond and contribute thoughtfully and intelligently to the material at hand.

• It is easy to include notable guest experts or students from other institutions in an online class. Moreover, today’s students have access to resources and materials that may physically be l anywhere in the world. An instructor can compile a resource section online with links to academic articles, institutions, and other materials relevant to students’ course topics to access research, extension, or in-depth analysis of course content material.

• The fiction of adult education supports collaborative learning environments as contributing to self-direction and critical thinking. Some educators have made great strides in applying these concepts to their on-ground teaching. However, many classes still exist, which are based on lectures and rote memorization of material. The nature of the Virtual Classroom’s semi-independent and self-directed world makes innovative and creative approaches to instruction even more important. In the online environment, the facilitator and student collaborate to create a dynamic learning experience. The realization of a shift in technology makes the hope that those who move into the new technology will also leave behind bad habits as they adopt this new paradigm of teaching. As educators transform their courses to benefit from the online format, they must reflect on their course objectives and teaching styles. Many of the qualities that make a successful online facilitator are also tremendously useful in the traditional classroom.

Cons:

While online programs have significant Pros and offer unprecedented accessibility to quality education, there are cons essential in using this medium that can pose potential threats to the success of any online program. These problems fall into five main categories:

• Technology: Equity and Accessibility to TechnologyBefore any online program can hope to succeed, it must have students who can access the online learning environment. Whether it be for economic or logistic motives, a lack of access will exclude otherwise eligible students from the course. This is a significant issue in rural and lower socioeconomic areas. Moreover, speaking from an administrative point of view, if students cannot afford the institution’s technology, they are lost as customers. As far as Internet accessibility is concerned, it is not universal. In some areas of the United States and other countries, Internet access poses a high cost to the user. Some users pay a fixed monthly rate for their Internet connection, while others are charged for their time online. If the participants’ time online is limited by the amount of Internet access they can afford, then instruction and participation in the online program will not be equitable for all students in the course.

• Computer Literacy: Both students and facilitators must possess a minimum level of computer knowledge to function successfully in an online environment. For example, they must be able to use a variety of search engines and be comfortable navigating on the World Wide Web and be familiar with Newsgroups, email. If they do not possess these technology tools, they will not succeed in an online program; students or faculty members who cannot function on the system will drag the entire program down.

• User-friendly and reliable technology is critical to a successful online program. However, even the classiest technology is not 100% reliable. Hence, it is not a question of if the equipment used in an online program will fail, but when. When everything is running smoothly, technology is intended to be a low profile and used as a learning process tool. However, breakdowns can occur at any point along with the system. 

• Online learning has its most promising potential in the high synergy symbolized by active dialog among the participants, one of the most essential learning sources in a Virtual Classroom. However, in larger classes (20 or more students), the synergy level starts to shift on the learning continuum until it eventually becomes an independent study to accommodate the broad category. At this point, the dialog is limited as well as interaction among participants and the facilitator. The medium is not being used to its most significant potential.

• The curriculum of any online program must be carefully considered and developed to be successful. In an institution’s haste to establish distance education programs, the importance of the curriculum, and the need for qualified professionals to build it are often overlooked. Curriculum and teaching methodology successful in on-ground instruction will not always translate to a successful online program where learning and instructional paradigms are quite different. The online curriculum must reflect the use of dialog among students (in written communication) and group interaction and participation. Traditional classroom lectures have no place in a successful online program. Education of the highest quality can and will occur in an online program provided that the curriculum has been developed or converted to meet the online medium’s needs.

Today is an inspiring time for technology and education. Online programs offer technology-based instructional environments that expand learning opportunities and provide a top-quality education through various formats and modalities. With the unique needs of adult learners who need or want to continue their education, online programs offer a suitable solution to conflicts with work, family, and study schedules. Higher education institutions have found that online programs are essential in providing access to education for the populations they wish to serve. For an online program to be successful, the curriculum, the facilitator, the technology, and the students must be carefully considered and balanced to take full advantage of this format’s strengths and, at the same time, avoid pitfalls that could result from its weaknesses.

Rising number of QSRs boosting the demand for Chinese, Hot and Barbeque Sauces in India- Bonafide Research

https://www.bonafideresearch.com/product/180720071/India-Chinese-Hot-&-BBQ-Sauces-Market-Outlook-2023

Chinese, Hot and Barbeque Sauces are more and more in demand due to increasing international QSRs like Subway, Pizza Hut, Domino’s, KFC, etc and other domestic restaurant and cafes serving western foods. These restaurants are now gaining much popularity and increasing in number.

QSR stands for Quick Service Restaurants which serve mainly fast food and beverages. The consumption of Chinese, hot and barbeque sauces is much more in these restaurants as they serve multi cuisine which is trending in recent times. They are used in making of the dishes or else they are served with dishes as dip or sides. Having travelled to different countries, people demand food tasted there. The number of outlets of these chains are increasing day by day in many cities in India. Also they have started entering Tier-II and Tier-III cities owing to the penetration in the metros.

According the report on 'India Chinese, Hot and Barbeque Sauces Market Outlook, 2023' published by Bonafide Research, the India overall market for Chinese, Hot and Barbeque Sauces is anticipated to reach more than 700 crores in the year 2022-23. Due to increasing customers’ appreciation for Western cuisine, increased retail consumption, easy availability of sauces and many such factors, the market has grown with a CAGR of more than 15% during review period starting from 2011-12 to 2016-17. The Chinese sauces include red chilli sauce, green chilli sauce, soya sauce and Schezwan sauce. Hot sauces include sauces like chilli garlic sauce, hot chilli sauce, pepper sauce, salsa sauce, sweet chilli sauce and other sauces like Thai sauce.

There is a considerable increase in the number of QSRs in the country. For instance, McDonald’s has increased its outlets in India from 170 to 400, which is an increase of around 1.35 times. Similarly, Kentucky Fried Chicken, popularly known as KFC, has increased its outlets from just 50 in 2009 to 350 currently. Subway has 600 outlets in the country currently, which has increased from 350 in 2013. Moreover, there are many unbranded QSRs, pubs, bars fine dining restaurants and casual dining restaurants, who are customers of these sauces. Hot sauces are used in burgers, soups, salads, etc. In addition to this, the number of street stalls is also increasing because of people’s inclination towards eating more Chinese food outside. So, the institutional trade is increasing due to this factor.

Subway uses barbeque sauce in its subs, which has a strong smoky aroma and a very distinct pungent taste-tomato sauce mixed with vinegar, onion, pepper and other spices. Also, it uses Chipotle Southwest Sauce, Sweet Onion, Red Chilli Sauce, Harissa sauce, which is a chilli garlic sauce. Currently, the newly introduced Chicken SubWrap is being served with Harissa sauce.

Major companies operating in this market are Capital Foods with its brand Ching’s Secret, FieldFresh Foods Pvt.Ltd with Del Monte brand and Dr. Oetker India Pvt. Ltd. with its brand Funfoods. All these three brands hold more than 70% of the market currently. Also, companies like Veeba have institutional sales to the brands like Tea post, which is an Indian brand. Moreover, the institutional trade for Chinese, Hot and Barbeque sauces is expected to account for around one-third of the total sales of the market in the forecasted year 2022-23.

Major Companies

Major companies that operate into the Chinese, Hot and Barbeque Sauces market in India are Capital Foods Pvt. Ltd. (Ching’s Secret), FieldFresh Foods Pvt.Ltd. (Del Monte), Dr. Oetker India Pvt. Ltd. (Funfoods), Veeba Food Services Pvt. Ltd., Cremica Food Industries Limited, Bajoria Foods (American Garden), Scandic Food (Sil), WeikField Foods Pvt. Ltd., Instar Foods (Posh Nosh), Wingreen Farms Pvt. Ltd., etc.

Report: India Chinese, Hot and Barbeque Sauces Market Outlook, 2023

Base Year: 2016-17, Estimated Year: 2017-18, Forecast Year: 2022-23

Pages: 115, Figures: 28, Tables: 24

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All the roads lead to a Greener India in 2019 : Bonafide Marketing

Owing to increasing number of Electric Vehicle options made availablein India the consumers are opting to go green and save the environment.

Electric Vehicles uses a battery to store the electric energy that powers the vehicle. Electric Vehicle (EV) is sometimes referred to as Battery Electric Vehicle (BEV).EV batteries are charged by plugging the vehicle in to an electric power source. Electric Vehicles are typically more expensive than similar conventional vehicles, however some cost can be recovered through fuel savings. Rechargeable batteries used in electric vehicles include lead–acid, NiCd, nickel–metal hydride, lithium-ion, Li-ion polymer, and, less commonly, zinc–air and molten-salt batteries. Most electric vehicles have used lead-acid batteries due to their mature technology, high availability, and low cost. For now, our safest bet is to use the tried-and-true lead acid battery for Electric Vehicle. The initial cost is still a significant savings over lithium-ion batteries. If lead-acid batteries are maintained properly, they will function at 80–90% efficiency.

New electric vehicles on road from 2018 to 2019

In 2018, Mahindra launched its first lithium-ion powered three-wheeler vehicle that has a range of 130 km and takes around 4 hours to charge.

Okinawa launched a two-wheeler "Ridge+" in October that comes with a detachable battery feature, has a range of 120 km and a top speed of 55 km/hr.

Bengaluru-based Ather Energy launched the" Ather 450" and" Ather 340" in June. The Ather 450 has a range of 75 km with a top speed of 80km/hr. The Ather 340 has a top speed of 70km/hr with a range of 60km.

In 2019, SUV-specialist Mahindra will launch its third battery-powered passenger vehicle , electric version of the KUV 100. The vehicle is expected to have a range of 150-180 km and would take around 3-4 hours for a complete charge.

Hyundai will kick-start its EV campaign in India with the launch of Kona in the second half of 2019. The stylish SUV will be a CBU unit. With a driving range of 482 km and a top speed of 167 km/hr the Kona Electric will take nine hours to charge fully.

Japanese auto major Nissan Motors will launch the Leaf in India through the imported route. With a range of 400 km, the car takes about 8 hours to charge completely.

Indian auto giant Bajaj Auto will launch an electric three-wheeler next year. The company is already the market leader in petrol powered three wheelers. It may also launch an electric "Qute" later in the year. The Qute is already on sale in a few states

The Pune-based company is ready to roll out "T6X", touted to be amongst the fastest elctric motorcycles ever built. T6X boasts of a top speed of 100 km/hr and has a range of 100 km.

The Haryana-based company is ready to launch at least two electric scooters  this year. Twenty Two Motors first came to the forefront after Taiwanese automaker Kymco invested $65 million in the company. The first scooter to be launched by the nascent company is called "Flow".

E-Tron is the first all-electric car by the German auto giant and will debut in India this year. The car has a range of 400 km and takes about 30 mins to charge 80 percent of the battery. E-tron will be imported to India.

The Indian electric bike start-up Ultraviolette Automotive is set to launch the radical-looking electric superbike this year. The bike which looks straight out of a sci-fi movie can attain a top speed of 150 km/hr, making it one of the fastest bikes to ever launch on Indian roads.

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As stated by Bonafide Research in its report India Automotive Lead Acid Battery Market Outlook, 2023," the Government of India has plans to make a major shift to electric vehicles by 2030. Even if India is able to achieve 50-70%, India will be one of the largest adopters of electric mobility. Lead acid battery is the best available option for electric vehicles."

According to Bonafide Research, India overall automotive lead acid battery market has grown with more than 10% CAGR over reviewing period from year 2012-13 to 2017-18. India automotive lead acid battery market is leading by two wheeler battery market, followed by four-wheelers and commercial battery market. As per the Society of India Automobile Manufacturers, the domestic sales of two wheelers in the country stood at more than 20 million units, which are expected to grow at a rapid pace over the next 5 years. India has witnessed a tremendous growth in per capita income thereby resulting in more disposable income in the hands of its citizens. As a result, there has been a sharp increase in the sales of automobiles, particularly of the two wheelers. India has the most number of young people in the world. This is expected to spur the growth of two wheeler lead acid batteries in the forecast period. The automobile industry employs about 19 mn people directly and indirectly. India is the 8 largest commercial vehicle manufacturers in the world. While it is the 2nd largest bus manufacturer, it ranks 5th globally in manufacturing heavy trucks. Growing inclination towards pollution-free electric vehicles coupled with technological developments is expected to increase product demand over the upcoming years.

The two wheeler and four wheeler battery market is anticipated to contribute more than 65% market share of total automotive lead acid battery market by year 2022-23. The major brands which offer lead acid battery in India are Exide and Amaron, which are jointly cater more than 50% of the lead acid battery market.

Major companies that operate into the automotive lead acid battery market in India are Exide Industries Limited, Amara Raja Batteries Limited, Luminous Power Technologies Limited, TATA AutocompGy Batteries Private Limited, OKAYA Power Pvt. Ltd, Su-kam power system.

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Covered in the report:

•             Automotive lead acid battery

•             Two wheeler

•             Three wheeler

•             Commercial vehicle

•             Motive Power

How it will help solving your strategic decision-making process??

- India Lead Acid Battery Market By value.

- India Automotive Lead Acid Battery Market By Value.

- India Automotive Lead Acid Battery Market By Volume.

- India Automotive Lead Acid Battery Market Share ByType.

- India Automotive Lead Acid Battery Market Share By Industry.

- India Automotive Lead Acid Battery Market Share By Company.

- India Two Wheeler OEM & Replacement Battery Market By Value & Volume.

- India Three Wheeler OEM & Replacement Battery Market By Value & Volume.

- India Tractor OEM& Replacement Battery Market By Value & Volume.

- India Passenger Vehicle OEM & replacement Battery Market By Value & Volume

- India Commercial OEM & replacement Battery Market By value & Volume

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of automotive lead acid battery products in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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Telephone:  +91-7878231309

Website: http://bonafideresearch.com/

Keywords: India, Research, Study, Market, Share, Battery, Automotive Lead Acid, Three wheeler, Two wheeler, Passenger Vehicle, Commercial Vehicle, Tractor, Exide, Amara Raja, TATA, Su-Kam, Motive, E-rickshaw, Replacement, OEM.

Digitalization has not proven to be a threat to stationery market in India.

The continuousimprovement of literacy rates, the enhancement of consumers’ healthy lifestyle,fashion consciousness, consideration of personal grooming and extended lifespan, plus improvements in conditions and distribution channel development in rural areas, has all created opportunities for expansion of the stationary market. In Non-Paper Stationary Market, rivalry drives the market crazy for new products; it has its positive side too, as this way the consumer can get the best product he wishes for, in different price ranges. Indian buyers are price sensitive but are ready to spend more if dependable products are offered. However, the buying behaviour of the consumer towards non-paper stationery products is that of rawness about the variety of products or the correct usage of the product available in the market. This is on account of the offer of the chaotic players in the business is significantly higher than the sorted out players.

According to the report on 'India Non-Paper Stationary Market Outlook, 2023' published by Bonafide Research, India overall non-paper stationary market is expected to grow with a CAGR of 8% over reviewing period from year 2017-18 to 2022-23. The total market of stationary is made from paper stationary and non-paper stationary products. Paper stationary market is further segmented into products for office use and non-office use. Non-paper stationary segment covers products such as writing instruments, office products, colours and other adhesive & technical instruments. Writing instrument contains Pens, Pencils and other. In Writing instrument Market, Pen Segment Market is dominating followed by Pencil. Leading companies in Writing Instrument has major market share includes BIC Cello, Linc, Flair etc.

In short, stationary market includes products like, notebooks, paper for office, pens, non paper for office, pencils, colours and much more types. Among this entire category, apart from dominating paper stationary, non paper stationary category has contributed less than 40 percent market share. Further, writing instrument has chunked the largest pie of the non-paper stationary market with segment likewise, pen, pencil and others. All these lead to one conclusion that evolving digitalisation is not yet proving a threat to the stationary products, considering the potential growth of the market.

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In India, though stationery is largely retailed through local or small players, the industry is gradually moving towards the organised mould. The non-paper stationary market has witnessed phenomenal growth over the past couple of years. Growth beyond its set boundaries of writing instruments, stationary today includes a huge gamut of products across various ranges. Additionally pushing the business on a development direction is the inundation of enormous and famous players. Indeed, even the top of the line extravagance brands, which were prior constrained to the openings of select showrooms, have advanced into bigger retail outlets, in this way discovering more takers." The buyers dealt with, like a ruler today. Likewise, the governments focus on expanding education wherever has helped the development of the non-paper stationery market in India.

Furthermore, Developing economy, rising disposable income of individuals, growing awareness of importance of education and much more reasons are there to spend more on stationary products. Further, increasing number of schools, colleges and offices also indicate the more consumption of non-Paper stationary products. In addition, increase in population of country show the huge potential for market growth of non-Paper stationary market.

Table of Content

1.    Executive Summary

2.    India Non-paper Stationary Market Outlook

3.    Trade Dynamics

4.    Market Dynamics

5.    Market Trends & Development

6.    Government Initiative in India Education Sector  

7.    PEST Analysis

8.    Indian Economic Profile   

9.    Competitive Landscape

10.    Strategic Recommendation

11.    Disclaimer   

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Major companies that operate into the stationary market in India are ITC Limited, Doms Industries Private Limited, BIC Cello (India) Private Limited, Kokuyo Camlin Limited, Hindustan Pencils Private Limited, The West Coast Paper Mills Limited, Navneet Education Limited, Flair (India) Private Limited, Sundaram Multi Pap Limited, J K Paper Limited, Linc Pens & Plastic Limited.

About Bonafide Research

Bonafide Research is a multi-disciplinary research and consulting company which provides all the data required to solve strategic, business and marketing problems. Bonafide is one of the fastest growing market research and consulting company offering syndicated research, custom research and marketing services. Bonafide Research has not only been working with fortune 500 clients but also served to mid-size companies, small specialists and even start-ups. Our quality of work has ensured repeat business, recognition and recommendations from clients across the world.

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“As Butter is equivalent to Amul, Chocolate Spread is equivalent to Nutella”: Bonafide Research

Italian confectionery giant Ferrero is the other name for chocolate spreads in the country, as it is having a predominating share in the chocolate spread market, primarily due to its popularity on the social media, especially among the elite consumers.

Most recently, Nutella has caught the fancy of the urban youth who use it in innovative ways to make breakfast more appealing. It is a cool brand for young and old people, and it also enjoys the tag of being a western favourite, and this perception is being encashed by the company in a way that has led to word-of-mouth branding, especially among the young elite class of the country, who love to share their regimens with a hashtag.

According to the report on India Spread (Jam, Honey, Butter, Cheese, Choco) Market Outlook, 2023' published by Bonafide Research, the chocolate spreads market in the country is expected to rise up to more than INR 300 crores in the forecast period 2022-23 owing to the factors like widespread acceptance of bread in daily diets majorly among urban population. Also, increasing use of chocolate spreads as a substitute to butter owing to its low fat content, high nutritive value and easy spread-ability at refrigeration temperatures over food products such as ice cream toppings, croissants, instant hot chocolate are some of the key factors bolstering the market growth. Total chocolate spread market is anticipated to have growth rate more than 15% during forecast period.  Though, it has negligible market share in the total spread market around 4%.

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The increasing trend of snackification will add up to the growth of chocolate spread market during the forecast period. In addition to this, the chocolate hazelnut spread is becoming an integral part of every breakfast. Manufacturers are also offering low calorie, gluten free and reduced fat chocolate hazelnut spread to cater to the surging demand from the health conscious people especially in the developed markets.

Nutella has two types of variants under chocolate spread: Chocolate Spread and Hazelnut Spread with Cocoa. Ferrero is manufacturing chocolate spread domestically, while it imports hazelnut spread. It is significant that even though Nutella has not launched any advertisement campaign in the country for its chocolate spread, the company has managed to gain a dominating share in the market. It is so, because people are now aware about the product due to word-of-mouth. It's major rivalry is with Hershey's choco spread and Dr. Oetker's Funfoods in india. 

                               

Chocolate spreads are majorly consumed majorly as a spread on toasts, breads and other bakery products such as pancakes, muffins, pitas and waffles . The plain chocolate spread is dominating the market with more than 65% share, and this is expected to decrease in future. Increasing trend in the market is on the account of increasing awareness for healthy breakfast, rising consumer expense on ready to eat food items, and presence of comparatively higher number of Tier-l and Tier-ll cities, which are the major demand generators of chocolate spreads in the country.

‘India Spread (Jam, Honey, Butter, Cheese, Choco) Market Outlook, 2023’ gives a comprehensive analysis of the Spread industry in India. The India Spread market majorly consists of cheese spread, butter spread, peanut spread, honey spread, chocolate spread, jams, jellies and preserves and other spreads like sandwich spread, green chutney, imly chutney, etc.

Among all, honey spread is dominating the market with more than 50% share, owing to its health benefits, such as antimicrobial and immunity boosting properties. Honey and Butter is the major contributor having more than 75% of the market share in the year 2016-17. All these products are segmented into their types and end users i.e. retail and institutional. Other spread which includes green chutney, special sandwich spread, imly chutney etc is expected to have market value around INR 125 crore at the end of forecast period. And it has highest CAGR during review period which was more than 25%. Jams, Jellies and Preserve have least growth rate being oldest category after honey in the country. Retail sales have dominance over institutional in overall spread market in the year 2016-17.

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How it will help solving your strategic decision making process?

- India Spreads Market Size by Value & Forecast

- India Spreads Market Segmental Analysis: By Company, By Product Type, By End User

-India Butter Market

- India Butter Market Segmental Analysis: By Company, By Product Type, By End User

- India Cheese Spread Market

- India Cheese Spreads Market Segmental Analysis: By Company, By Product Type, By End User

- India Chocolate Spread Market

- India Chocolate Spreads Market Segmental Analysis: By Company, By Product Type, By End User

- India Peanut Butter Market

- India Peanut Butter Market Segmental Analysis: By Company, By Product Type, By End User

- India Honey Market

- India Honey Market Segmental Analysis: By Company, By Product Type, By End User

- India Jams, Jellies and Preserves Market

- India Jams, Jellies and Preserves Market Segmental Analysis: By Company, By Product Type, By End User

- India Other Spreads Market- Average Selling Price

- Product, Variant & Pricing Analysis

- Product Variant Information

- Key Vendors in this market space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Spread in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

About Bonafide Research

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