Declining Demand for Traditional Office Products: The ongoing shift towards digitalization, remote work, and paperless environments may continue to reduce demand for ACCO's traditional office supplies and paper-based products, impacting sales volumes and profitability.

Intense Market Competition: ACCO operates in highly competitive markets, facing pressure from larger diversified companies, smaller niche players, and private label brands, which could lead to pricing pressure, reduced margins, or loss of market share.

Supply Chain Disruptions and Cost Volatility: Global supply chain issues, including raw material price increases, labor shortages, and logistics challenges, can increase production costs, lead to product shortages, and hinder the company's ability to meet customer demand.