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August 22, 2014

Will the Education Market be a Good Sector for Distributors to Target Over the Next Year?

Schools Present Growing Business Opportunities

  • The education sector accounted for $2.3 billion in distributor revenues in 2013, 11.4% of the market, according to the State of the Industry survey.
  • More than $30 billion will be spent by consumers on school supplies according to the National Retail Federation (NRF).
  • The NRF estimates that consumers will spend $75 billion on back-to-school items.
  • Universities spend an average of $1 million per year to welcome students back to school, according to The College Board.