Book and Music Stores Industry Market Research & Statistics

Global Book & Music Stores Industry

 

The global book store industry is divided into three categories, namely college, specialty and general book stores. The latter sell mainly trade books (i.e. fiction and nonfiction, children’s and adult books) distributed through booksellers to the general public. Specialty book stores sell special interest books such as religious books, and college booksellers sell mainly textbooks to a student customer base. All three categories buy from manufacturers and wholesalers to sell to the public through stores, e-shopping and mail-order houses.

 

Book demand is influenced by demographics and fluctuating levels of consumer income. Larger outfits compete by offering consumers a wide range of books at lower prices, while smaller outfits remain retain market share by catering to a local market or providing specialized products. Newer sources of competition, such as online retailers and discount stores, are making the industry increasingly competitive. This is compounded by a digital trend that sees readers turn increasingly away from printed books to convenient formats, like e-tablet readers. Companies are therefore upping their merchandising and marketing efforts to retain customers.

 

IBIS World predicts that the bookstore market will lose market share to mass merchandisers and online retailers over the next five-year period but will enjoy a positive impact from rising demand for new technologies such as e-readers. Continuing decline in physical book sales will put industry players under increasing pressure.

 

Music stores are facing increasing competition in the form of online music sales, streaming music services and big-box stores, reports IBIS World. Record stores, which sell a range of pre-recorded music media like CDs, DVDs and vinyl, are struggling to rival the convenience and price of these players. Despite the continuing decline, the market should see rising levels of disposable income and consumer confidence provide some relief. Other industry players will diversify to set up online storefronts to boost revenue.

 

Records and CDs combine to contribute 40% of music store revenue, followed by Blu-ray discs and DVDs, which represent 35% of sales. Music stores also sell other products like toys, books and video games. Some record companies sell music through digital retail channels, including downloads through websites or kiosks in stores. Apart from franchises, chains and independent music retailers, the industry also includes superstores that act as entertainment centers.

 

Larger music stores benefit from advantages in marketing, distribution, purchasing and marketing, while smaller stores focus more on stocking specialty products and offering higher-quality customer service. Music stores compete for business with internet retailers, warehouse clubs, mass merchandisers, mail order clubs and consumer electronics retail outlets. Trends in entertainment and consumer spending dictate demand for both books and music media.

 

 

More »
24/7 Customer Support

Talk to Sam

+1 718 473 0872

You might be interested in: Ebook, Book Store, Record Store

1-10 of about 100 reports

Download Unlimited Documents from Trusted Public Sources

Book And Music Stores Markets in the US

  • Review of Arts and Creative Industry Information for Portage Cou...
  • July 2013
    21 pages
  • Book And Music ...  

  • United States  

View report >

Book And Music Stores Markets in Japan

  • Growth Strategy Initiatives
  • March 2013
    13 pages
  • Book And Music ...  

    Ebook  

  • Japan  

View report >

Book And Music Stores Markets in Germany

  • Country Report Germany June 2014
  • June 2014
    14 pages
  • Book And Music ...  

  • Germany  

View report >

Book And Music Stores Industry in India - Forecast

  • Fundamental &technical Summary
  • January 2013
    6 pages
  • Book And Music ...  

  • India  

    Europe  

    Germany  

View report >

Global Ebook Industry

  • Pa#erns of Change
  • August 2014
    26 pages
  • Ebook  

  • World  

    United States  

    Europe  

View report >

The future of the Book And Music Stores Industry in Europe

  • Key Facts on the New
  • June 2014
    3 pages
  • Europe  

    World  

View report >

The future of the Book And Music Stores Industry in Europe

  • Key Facts on the New
  • June 2014
    3 pages
  • Europe  

    World  

View report >

Global Book And Music Stores Markets

  • 7,5 M€ : World Record for a Comic Strip Sale 2,6 M€ : World ...
  • May 2014
    3 pages
  • Book And Music ...  

    Book Store  

  • World  

    India  

    France  

View report >

Book And Music Stores Industry in Japan - Forecast

  • March Trade Statistics
  • January 2014
    3 pages
  • Book And Music ...  

  • Japan  

    Asia  

    United States  

View report >

Ebook market shares in the US

  • Us Sees Stronger Ebook Sales, but Growth Slows
  • April 2013
    2 pages
  • Ebook  

  • United States  

    North America  

View report >

Search in Book and Music Stores Industry (About 100 reports)

About 100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 12 - $ 2 500)

Global E-reader Market 2014-2018

Global E-reader Market 2014-2018

  • $ 2 500
  • Industry report
  • October 2014
  • by Infiniti Research Limited

About e-readers An e-reader is a digital device used to access and read e-books. The specialty of an e-reader is that it is handy, and end-users can carry this device without any extra effort. Moreover, ...

Global Database Of The Top 1000 Book Stores - Company N ...

October 2014 $ 1 317

2015 U.s. Book Stores Retailing Industry-industry & Mar ...

October 2014 $ 149

Abv Ad (bulgaria) - Company Profile

October 2014 $ 51

Global Database Of The Top 1000 Book Stores - Company N ...

August 2014 $ 13

Pcs - Tablets And Ereaders In Us (2014) - Market Sizes

July 2014 $ 599

Book Retailers Market In The Uk

July 2014 $ 875

Kyobo Book Centre Co Ltd In Retailing (south Korea)

June 2014 $ 153

Pcs - Tablets And Ereaders In Uk (2014) - Market Sizes

June 2014 $ 599

Book Stores Market In The United States

June 2014 $ 1 020


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.