Newsagents and Book Retailers in Australia - Industry Market Research Report
Description
Newsagents and Book Retailers in Australia
The Newsagents and Book Retailers industry has faced tough trading conditions over the past five years. Declining sales of printed publications and increasing competition from international online retailers have placed considerable pressure on operators over the period. Competition from external operators, including supermarkets and department stores, has also negatively affected the industry. Trends in household discretionary income, consumer sentiment and the popularity of online shopping have negatively affected demand for industry products over the past five years. Industry revenue is expected to decline at an annualised 8.3% over the five years through 2022-23, to $2.5 billion. The COVID-19 pandemic has continued to place downward pressure on industry revenue since its outbreak in early 2020. Industry revenue is anticipated to decline by 2.8% in the current year, hindered by a drop in discretionary income and continued strong growth in online shopping.
Operators in the industry primarily retail newspapers, books and magazines. Industry players may operate as independent businesses, as part of a retail chain of stores or under a franchised model. Newspapers and books are largely purchased from the relevant wholesalers and then sold via stores or online sites to end consumers. Players that operate purely online are excluded from the industry.
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."
The Newsagents and Book Retailers industry has faced tough trading conditions over the past five years. Declining sales of printed publications and increasing competition from international online retailers have placed considerable pressure on operators over the period. Competition from external operators, including supermarkets and department stores, has also negatively affected the industry. Trends in household discretionary income, consumer sentiment and the popularity of online shopping have negatively affected demand for industry products over the past five years. Industry revenue is expected to decline at an annualised 8.3% over the five years through 2022-23, to $2.5 billion. The COVID-19 pandemic has continued to place downward pressure on industry revenue since its outbreak in early 2020. Industry revenue is anticipated to decline by 2.8% in the current year, hindered by a drop in discretionary income and continued strong growth in online shopping.
Operators in the industry primarily retail newspapers, books and magazines. Industry players may operate as independent businesses, as part of a retail chain of stores or under a franchised model. Newspapers and books are largely purchased from the relevant wholesalers and then sold via stores or online sites to end consumers. Players that operate purely online are excluded from the industry.
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."
Table of Contents
46 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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