The Federation of Saudi Chambers (FSC) has revealed that the volume of demand for school supplies has seen an 80 per cent increase in 2023 compared to the previous year.
The federation noted that the retail outlets and stationery stores across Saudi Arabia have witnessed active movement by students and their families to buy school bags, notebooks, stationery tools and school uniforms.
This has contributed significantly to increasing the sales and profitability of the school supplies sector.
The FSC report coincides with the commencement of the new academic year, and the return of six million male and female students of government, private and foreign schools in Saudi Arabia.
The FSC said the back-to-school season is considered one of the most important commercial seasons in Saudi Arabia, which contribute to boosting economic activity in general, and the school supplies sector in particular.
The surge of the activity and the market of the school supplies sector reflects the expansion and development witnessed by the public and private education sector in line with the Kingdom’s Vision 2030, the organisation pointed out.
It also demonstrates the interest Saudi citizens attach to the sector, the FSC said, adding that it also shows the purchasing power of Saudi consumers and the attractiveness of the country’s investment environment in general.
