Awards 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.