This industry is part of the Retail Trade division in Australia. Operators in this industry retail a broad range of newspaper, books and stationery including fiction/non-fiction books, best sellers, cook/craft books, educational books, daily newspapers, comics, magazines and other printed material. These products are purchased from domestic (and some times international) wholesalers. Operators then retail these goods, through their stores to the general public for private use.
It is important to note that those entities which primarily operate as paper stationery manufacturers (Industry 2411), newspaper printers and publishers (Industry 2421), other periodical publishers (Industry 2422), book and other publishers (Industry 2423), book and magazine wholesalers (Industry 4794) and paper product manufacturers (Industry 4795) are excluded from this industry.
ANZSIC definition: This class consists of units mainly engaged in retailing books, periodicals, newspapers, stationery or religious goods.
The Industry G5243 - Newspaper, Book and Stationery Retailing in Australia ranks 111 out of 496 by industry turnover and its life cycle is in a growth phase, which means that the industry is generally growing at faster than the economy.
Capital/labour intensity is low and the uptake of new technology is medium. The industry's globalisation level is low and the trend is increasing.
The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.
The trend for exports is steady and for imports it's steady. The level of regulation is light and decreasing and government assistance is low and steady.
This industry is forecast to have a decline average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!
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