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Officeworks is a category killer within the office supplies product category. [24] Each of its stores carries more than 30,000 products, to which it adds a further 1,000 to 2,000 products annually. [25] Officeworks aims to cater for the entire needs of the small office, home office and families with student dependants. [25]
The global office supplies market, valued at USD 151.46 billion in 2022, is projected to witness a 2.1% compound annual growth rate (CAGR) from 2023 to 2030. [3] The industry's expansion is attributed to the flourishing global services sector and increased product consumption in education.