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Video and DVD Hire Outlets in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Video and DVD Hire Outlets Market Research Report | ANZSIC L6632 | Apr 2013

Digital divides and conquers: Intense competition erodes industry revenue

IBISWorld’s Video and DVD Hire Outlets market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$662m
Annual Growth 08-13
-14.8%
Annual Growth 13-18
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Profit
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Employment
4,287
Businesses
255
Industry Analysis & Industry Trends

The Video and DVD Hire Outlets industry is not maintaining its share of total consumer expenditure on recreation and culture. This is due to significant competition for household discretionary income from several sources, such as the internet and pay-TV operators. Other retailers are continuing to encroach on the traditional territory of video stores, especially in the sale of DVDs and Blu-ray Discs, generally at reduced prices. Companies outside the industry, such as Telstra, Optus and Fairfax Media, have begun offering digital video-on-demand services, while other companies have started online ordering systems, which feature posting DVDs to households. These services have extended hire periods at significantly reduced prices relative to video stores... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The specialist video hire and sales establishments are in decline. The industry structure has now changed; the growth and expansion of major participants was achieved through mergers and acquisitions rather than organically. To highlight the point, even mergers between major operators have occurred as revenue and profit growth continues to disappoint. Thus, IBISWorld expects industry gross product over the ten years to 2017-18 to decline at an annualised rate of 14.8%, significantly lower than the expected GDP growth of 2.4% per year over the same period.

The market is now physically saturated with independent, specialist and franchised stores. Also significant is that overall number of stores is decreasing across all three categories, along with industry revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Video and DVD Hire Outlets Industry?

This report consists of businesses and vendors mainly engaged in hire and sales of pre-recorded video DVDs and HD Blu-ray products and games for personal use only. Industry operators generally rent and sell DVDs and Blu-ray Discs, as well as some games and general merchandise, including snack food and drinks. Businesses can operate through a variety of mediums, including stores, kiosks, and mail order.

Industry Products
DVD and Blu-ray rentalsVideo game rentalsSale of ex-rental DVDs and Blu-ray DiscsSale of confectionery, beverages, etc.Late fees
 
Industry Activities
Rental of movies and television series on DVD or Blu-ray DiscRental of video gamesSale of new and ex-rental DVDs and games


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