$1.6bn
$XX.Xm
9,676
1,670
$XXX.Xm
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 revenue has declined at a CAGR of 6.3 % over the past five years, to reach an estimated $1.6bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
QBD Books | 155.0 | |
Dymocks | 107.0 | |
Collins Booksellers | 54.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Books, Audio books, greeting cards, gifts and other merchandise and Ebooks and ereaders. Books is the largest segment of the Book Stores in Australia.
Competition has eroded book sales
Book stores primarily retail books along with audio books, ebooks and ereaders. These products are purchased from upstream domestic and international suppliers and wholesalers before being on-sold to downstream consumer markets across different age groups.
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ANZSIC 4244 - Book Stores in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Book Stores industry in Australia is $1.6bn in 2024.
There are 1,670 businesses in the Book Stores industry in Australia, which has declined at a CAGR of 2.2 % between 2019 and 2024.
The market size of the Book Stores industry in Australia has been declining at a CAGR of 6.3 % between 2019 and 2024.
Over the next five years, the Book Stores industry in Australia is expected to decline.
The biggest companies operating in the Book Stores market in Australia are QBD Books, Dymocks and Collins Booksellers
Books and Ebooks and ereaders are part of the Book Stores industry.
The company holding the most market share in Australia is QBD Books.
The level of competition is moderate and increasing in the Book Stores industry in Australia.