Book Stores in the US
Despite a strengthening domestic economy and rising per capita disposable income, the Book Stores industry has contracted over the five years to 2019. The trend toward online shopping has kept this industry in decline. However, even amid intense competition in a declining industry, some small, independent operators with a loyal local following have flourished, as many consumers still prefer print books over e-books. Over the five years to 2024, industry revenue is anticipated to continue to decline, albeit at a slower rate. While many consumers will continue to read on e-readers and tablets, e-book sales are expected to plateau as the virtual market becomes saturated and a large number of consumers continue to prefer traditional print text.
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 to the general public through industry stores. 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.
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