Book Stores in Australia - Industry Market Research Report

Fine print: Increasing external competition continues to constrain industry revenue

It hasn't been a happy tale for book stores. Intensifying competition from online-only retailers, department and discount department stores has led to falling sales volumes and downward pressure on book prices. Higher rates of IT and telecommunication adoption along with a hike in internet connections have led more consumers to join the online revolution, supporting the surge in consumer habits towards online shopping. While greater investment in online platforms has helped book stores better compete with the online-only market, online-only retailers have been able to offer lower prices thanks to reduced overhead costs and beating book stores at their own game. Industry firms primarily retail books. These companies can also retail audio books, ebooks and ereaders. Online-only booksellers are excluded from the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.