Overview

Small print: Consumers' changing reading habits have caused industry revenue to decline

IBISWorld’s Newspaper and Book Retailing in New Zealand 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 Analysis & Industry Trends

The Newspaper and Book Retailing industry has faced tough trading conditions over the past five years. Greater use of information technology in daily activities has altered how consumers access, store and enjoy a range of print mediums including newspapers, books and magazines. Growth in online shopping and increasing competition from external players have eroded revenue for the industry. Nonetheless, rising real household discretionary income and positive consumer sentiment have mitigated part of the decline in industry revenue over the period. Industry revenue is expected to contract by an annualised 5.6% over the five years through 2017-18, to total $360.0 million. This includes a fall of 3.3% in the current year...

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What is the Newspaper and Book Retailing in New Zealand industry?

The Newspaper and Book Retailing Industry is in the decline phase of its life cycle. Industry value added, which measures the industry’s contribution to the overall economy, is projected to decline by an annualised 4.9% over the 10 years through 2022-23, while the New Zealand GDP grows by an annualised 2.8% over the same period. As a result, the industry is anticipated to underperform the wider economy.

Industry enterprise and establishment numbers are expected to fall over the decade through 2022-23. Operators are exiting the industry due to the growing popularity of purchasing books online. Operator numbers are also declining due to a shift in consumer reading habits from physical papers to online content. The...

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New Zealand Special Report

Products & Brands

Major products in this industry
Books
Ebooks
Magazines
Newspapers
Stationery
Cards and gifts
Lottery
Other products
Examples of brands in this Industry
Whitcoulls
Paper Plus
Take Note

Table of Contents

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
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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