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Book and Music Stores Industry: Market Research Reports, Statistics and Analysis

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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.

 

 

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1-10 of 29 reports

U.S. Book and Music Stores Industry Brief

  • Industry report
  • February 2014
  • 30 pages

... Choice set f .4 4In practice, a used (or new) book may not be available from the bookstore at the time of purchase. Some assigned books are also not available from online retailers or o ered as rentals ...

  • Industries: Book and Music Stores
  • Countries: United States

Book Store Business in Canada and The United Kingdom

  • Industry report
  • November 2013
  • 31 pages
  • Industries: Book and Music Stores
  • Countries: Canada, United Kingdom

The Canadian Book and Music Stores : Sector Overview and Key Players

  • Industry report
  • April 2012
  • 109 pages

... Introduction since canada S book importation regulations came into effect in 1999, the environment for book distribution in canada and internationally has changed dramatically and continues to evolve ...

  • Industries: Book and Music Stores
  • Countries: Canada

The Swiss Book and Music Stores : Sector Statistics

  • Industry report
  • September 2012
  • 33 pages

... Banknotes and security documents printing plant for security documents of security printing printing: banknotes, identity documents and security documents book ...

  • Industries: Book and Music Stores
  • Countries: Switzerland

Book Store Market in Jamaica

  • Industry report
  • June 2012
  • 16 pages

... textbooks sold in jamaica are imported and therefore impacted by changes in the fx rate the following factors will contribute to the price increase of a book purchased overseas that sold for $100 in 2011 ...

  • Industries: Book and Music Stores
  • Countries: Jamaica

U.S. Book Store Industry Brief

  • Industry report
  • February 2012
  • 13 pages
  • Industries: Book and Music Stores
  • Countries: United States

U.S. Book Store Sector Brief

  • Industry report
  • October 2011
  • 38 pages
  • Industries: Book and Music Stores
  • Countries: United States

Bookshop Market in Spain

  • Industry report
  • July 2011
  • 13 pages

... These larger retailers decrease consumer welfare by increasing distance from schools to points of sale. The results show that malls are not as bad as bookshops claim. Keywords: textbooks, competition ...

  • Industries: Book and Music Stores
  • Countries: Spain

Book Store Market Statistics in The United States and The United Kingdom

  • Industry report
  • June 2011
  • 59 pages

... Confidential and proprietary. Of the book trade in india. Independents manneys capital book depot roli books galgotias independent specialists motilal banarsi das (mlbd) eureka book store vadhera book store ...

  • Industries: Book and Music Stores
  • Countries: United States, World, United Kingdom

U.S. Book and Music Stores : Market Overview and Key Players

  • Industry report
  • June 2011
  • 104 pages

... The new york times published estimates in late 2010 anticipating that the installed base of ipads and similar tablets will grow to over 40 million in 2011, while lower-cost e-readers like ...

  • Industries: Book and Music Stores
  • Countries: United States
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