The Book Stores industry has had its pages ruffled over the five years to 2017. Despite a strengthening domestic economy and rising per capita disposable income, the industry continues to experience decline. While demand for bookstore merchandise has fallen, consumers have not ceased purchasing books altogether. Rising external competition and mass adoption of less expensive e-books have dampened profitability, driving many operators out of the industry. As a result, over the past five years, industry revenue is expected to decline. While the economy is expected to strengthen over the next five years, the industry will not follow suit.
Companies in this industry primarily retail a broad range of books, newspapers and periodicals including trade books, textbooks, magazines, paperbacks and religious books. These goods are purchased from domestic (and in some cases international) manufacturers and wholesalers. Operators then retail these goods, through their stores, to the general public. This industry excludes retailers that operate primarily as used merchandise stores or electronic shopping and mail-order houses.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.