年初至今，A股面临震荡下行局面，沪深300指数下跌21.94%，轻工行业整体指数跌幅22.02%，较弱于大盘。纵观轻工行业各细分板块，造纸板块表现优于整体板块情况，跌幅为16.91%，而家具、文娱用品及包装印刷板块回调明显，走势弱于轻工整体板块。

The global badminton equipment market is driven by a number of growth factors, one of the most important being the increase in the number of badminton tournaments being organized across the globe. The prevailing popularity of badminton tournaments like the Super Series Badminton League and the Premier Badminton League is also indicative of the fact that the market has a high growth potential for the forecast period.

Hard adventure equipment is used by individuals who engage in outdoor activities that require high energy and involve great risk. These activities are now largely being accepted by adventurers in the US on account of their growing interest in exploring new hard-to-access places for leisure. The primary activities that fall under the category of hard adventure are climbing, caving, and trekking. Compared to other outdoor sports and activities, such as camping or running marathons, the participation rate in hard adventures is comparatively low, as these activities can only be undertaken by professional adventurers with adequate training and fitness levels. Manufacturers of hard adventure equipment offer equipment specific to each kind of activity, from trekking poles and headlamps to carabiners and harnesses.

The demand for school stationery supplies grows in line with developments in the economy such as GDP per capita, education spend, and employment rate; lifestyle changes; innovations in technology; and seasonal and cyclic trends. The economic recession of 2008-2009 drastically reduced the sales of these discretionary products. However, the market recovered strongly in 2010, because of the revival of the global economy, which should continue to grow at a slow pace.

With the developing economy, increasing emphasis on education, product innovations, and seasonal and cyclic trends, the demand for stationery and cards is on the rise in the Middle East countries. The stationery and cards market in the Middle East is also registering a significant shift toward digital content owing to the growth of electronic media. We expect the market to post a steady growth with a CAGR of 4.89% during the forecast period. In 2015, the stationery segment dominated the market with a share of 80.26%.