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Recession Hits Office Supplies World

By on October 5, 2010 in Office Supplies Industry News

downward trend

 

Three hundred and eleven companies in the UK office supplies industry are worth a third less than they were a year ago. But the recession has not hit everyone equally: 411 companies in the industry actually saw their value increased.

David Pattison has authored a special report on the top 1,000 companies in the market. “It’s certainly been a tough few years,” he says. “Values have fallen markedly from their peak but the number of companies that are worth more this year than last is encouraging…

“311 other companies have lost a third of their value in the latest year. They have such a lot of ground to make up and many are in such dire straits it’s unlikely they will return to their former glory. The post recession market is so highly competitive I would expect a number of these companies to be bought out on the cheap or decline further and eventually be wound up.”

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Office supplies

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