Newsagents & Stationery Stores in the UK - Industry Market Research Report

Staying stationary: Increased external competition threatens revenue growth in 2023-24

Over the five years through 2023-24, revenue for the Newsagents and Stationery Stores industry has declined at a projected compound annual rate of 10.8%, reaching £1.7 billion. This decrease is due to external competition from online retail, big-box and grocery stores, making it harder for businesses to make a profit. The digitalisation of news and the prevalence of social media as a primary news source has further contributed to the drop in traditional newspaper sales. Stationery sales have become the main revenue driver in the industry, the demand for stationery has been driven by the rise in popularity of personalised stationery among students. In 2023-24, revenue is forecast to decrease by 4.6%. Newsagents and stationery stores in this industry primarily sell newspapers, magazines, greetings cards and stationery, including office supplies. Products are sourced from a variety of local and international suppliers and sold chiefly to consumers and businesses. 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.