Between 2013 and 2017, the turnover of newspapers and stationery retail in specialized stores in Austria saw a general upward trend, peaking at €367.6 million in 2017. However, from 2018 onward, there was a significant decline, which accelerated year-over-year. By 2023, the turnover had drastically reduced to €154.3 million, representing a 7.38% year-on-year decline and a -5.24% CAGR over the last five years.

Future trends to watch for:

Continued decline in turnover is forecasted through 2028, with a projected CAGR of -7.93% over the next five years.
Digital transformation may further impact physical sales, with consumers increasingly favoring online platforms for newspapers and stationery.
Potential market consolidation as smaller retailers might exit the market or be acquired by larger firms seeking to diversify their offerings.
Innovation in product offerings and enhanced customer experience could be key areas for potential growth or stabilization.