Industry Analysis & Industry Trends
The Book Publishing industry has contracted over the past five years. Industry revenue is forecast to decline at an annualised 2.2% over the five years through 2016-17, to $1.5 billion. The way consumers read and purchase books has changed significantly over this period. Consumers are increasingly buying print books and e-books online, rather than shopping at local bookstores. E-books can be read using e-readers or tablets. Because many books can be stored on one device, e-books offer customers greater convenience. Parallel import restrictions (PIRs) protect the local publishing industry. These restrictions prevent the large-scale importation of books that have been published domestically within 30 days of their international release... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Book Publishing industry is in the declining stage of its economic life cycle. Significant technological change in the form of online platforms and hardware such as tablets and e-readers have contributed to the industry's decline. While e-readers and tablets have instigated greater reading volumes among consumers, e-book prices are generally lower than print book prices. In addition, e-readers enable internet piracy, where consumers can illegally download books for free. Although piracy is far less prevalent in book publishing than in other publishing and broadcasting industries, it has grown over the past five years and continues to affect the industry.
Industry value added (IVA) is used to measure an industry's contribution to the overall economy... purchase to read more