Industry Analysis & Industry Trends
There has been a revolution in the way consumers read and purchase books. Rather than going to local bookstores to seek out physical copies, consumers are increasingly buying print books and e-books online. E-books can be read using e-readers or tablets. Because numerous books can be stored on one device, e-books tend to be more accessible and convenient for customers. The local publishing industry is protected by parallel import restrictions (PIR), which prevent the large-scale importation of books that have been published domestically within 30 days of their international release. However, these PIR have affected the industry’s retail channels, with bricks-and-mortar retailers Borders and Angus & Robertson closing in February 2011, largely due to strong online competition... 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 online platforms and hardware such as tablets and e-readers have contributed to the industry's downfall. 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