In 2022, the revenue of the Middle East stationery market reached 6.4 billion US dollars, and Africa's revenue reached 4.34 billion US dollars. The United Arab Emirates is in a leading position in the Middle East stationery market revenue, accounting for 26.7%. It was followed by Saudi Arabia, Türkiye, Qatar and Kuwait. Meanwhile, in Africa, South Africa holds a quarter of the market share, mainly due to the increase in enrollment rates. Next are Nigeria, Kenya, Ethiopia, and other countries. The report predicts further growth in the coming years. From 2023 to 2029, Middle Eastern revenue is expected to grow at a compound annual growth rate (CAGR) of 4.2%. On the other hand, African income is expected to grow at a compound annual growth rate of 3.6%.
Converting a car for 100000 to 200000 $ is a common practice, with a net profit of 50000 $ per order. Changing to 20 cars per month is enough Where can I start with modifying a car? Where is it more reliable to buy modified parts?
The budget for a stationery store is not high, about 50000 to 100000 yuan, and a store area of 30 square meters is sufficient. Of course, the size of the storefront is closely related to your early planning. If it is focused on public goods, some equipment goods require a certain amount of financial reserves; If the store is focused on stationery products, the requirements for funding are relatively low.
To do stationery business, one needs to decide based on their financial ability and starting capital. You can start from a small scale, gradually accumulate experience, and then expand your scale to create your own career. To do toy business, just follow your own actual situation, don't be too blind, and have a detailed plan.
However, Chinese tire companies are taking remedial measures, while foreign giants have already completed their global layout. The closure and shutdown of foreign tire factories that we have seen are just adjustments in the layout of foreign tires. Although Chinese tire companies are thriving overseas, their influence is still far inferior to that of foreign brands. Returning to the Chinese tire market, production capacity has basically reached saturation, and what the market needs is good products rather than garbage.