Closed book: Falling demand for printed publications continues to reduce revenue

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 industry operators over the period. Competition from external operators, including supermarkets and department stores, has also negatively affected the industry. Trends in real household discretionary income, consumer sentiment, and the popularity of online shopping have affected demand for industry products over the past five years. Industry revenue is expected to decline at an annualised 4.8% over the five years through 2018-19, to $3.3 billion. Revenue is expected to decrease by 3.2% in the current year due to increased external competition...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 14-19
-4.8%
Forecast Growth 19-24
Profit
Employment
25,350
Businesses
4,020

Industry Threats & Opportunities

  • Weaker demand for printed publications and increasing competition have reduced revenue
  • Many newsagents have reinvented themselves by expanding the products and services they offer
  • Rising demand for online content is forecast to influence sales of newspapers and books
  • Industry Report - Starting a New Business Chapter

    The industry has low barriers to entry and the trend is steady. Capital intensity and concentration are low, which is an incentive for new operators to enter the industry. Capital costs include the financial investment required to purchase or establish a new store along with the cost of store fit-outs and stock requirements once the store is operational. Although these investment requirements are significant, the daily capital requirements for ongoing businesses are minimal.New entrants are encouraged to enter the industry due to its low concentration. The industry is fragmented as the top two players account for less than 40% of the market and most small operators employ less than 20 people. A l...purchase to read more.

    Additional Insights for the Newsagents and Book Retailers Industry

    IBISWorld has determined the most important Key Success Factors for the Newsagents and Book Retailers are:

  • Ability to control stock on hand
  • Being part of a buying group
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Real household discretionary income and Consumer sentiment index in the Newsagents and Book Retailers industry impact industry performance..

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    What's in this report

    What is the Newsagents and Book Retailers Industry?

    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.

    Industry Products
  • Books
  • Lottery
  • Magazines
  • Newspapers
  • Cards, gifts and party items
  • Stationery
  • Other goods and services
  • Industry Activities
  • Book retailing
  • Newspaper retailing
  • Magazine and periodical retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Real household discretionary income
  • Consumer sentiment index
  • Demand from online shopping
  • Internet subscribers

  • Current Performance
  • Trading landscape
  • Profit
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Online competition
  • Profit and products
  • Enterprises and employment
  • Table: Newsagents and Book Retailers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Newsagents and Book Retailers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Book and Magazine Wholesaling
  • Book Publishing
  • Magazine and Directory Publishing
  • Newspaper Publishing
  • Paper Product Wholesaling

  • Products & Services
  • Books
  • Other goods and services
  • Cards, gifts and party items
  • Lottery
  • Magazines
  • Newspapers
  • Stationery
  • Chart: Newsagents and Book Retailers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 55 and over
  • People aged 35-54
  • Business accounts and subagents
  • People aged 15-34
  • Chart: Major Market Segmentation for the Newsagents and Book Retailers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Newsagents and Book Retailers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Newsagents and Book Retailers Industry

  • Industry Globalization
    Newspower Newsagents, Nextra Group,
  • Table: Newspower Newsagents - financial performance
  • Table: Nextra Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Newsagents and Book Retailers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Newsagents and Book Retailers Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Ebook
  • An electronic or digital book.
  • Ereader
  • A portable device designed for reading digital publications.
  • Etailers
  • Operators that sell goods online.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Newsagents and Book Retailers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Newsagents and Book Retailers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Newsagents and Book Retailers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Newsagents and Book Retailers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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