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Canadian book stores have exhibited a gradual slump because of high levels of external competition from online retailers and e-books, which are alternative and more affordable channels for buying books. Online retailers often offer a variety of items at competitive prices. The digital transformation has assisted the changing landscape, as consumers can easily access e-books and audiobooks from their mobile phones. The pandemic also harmed the industry, negatively affecting the retail sector in 2020 and 2021. Revenue for book stores is expected to slump at a CAGR of 0.2% to $3.1 billion through the end of 2025, including a dip of 1.1% in 2025 alone.
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IBISWorld's research coverage on the Book Stores industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.
The Book Stores industry in Canada operates under the NAICS industry code 45921CA. Book stores sell a wide range of merchandise, including trade books, textbooks, magazines, mass-market paperbacks and religious books. These goods are purchased from domestic and international manufacturers and wholesalers. This industry excludes retailers that operate primarily as used merchandise stores or electronic shopping and mail-order houses. Related terms covered in the Book Stores industry in Canada include e-book, e-reader, electronic data interchange (edi) and point-of-sale (pos).
Products and services covered in Book Stores industry in Canada include Trade books, Textbooks and Magazines, newspapers and mass market paperbacks.
Companies covered in the Book Stores industry in Canada include Indigo Books & Music Inc. and Renaud-Bray.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Book Stores industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Book Stores industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Book Stores industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Book Stores industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Book Stores industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Book Stores industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Book Stores industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Book Stores industry in Canada.
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The market size of the Book Stores industry in Canada is $3.1bn in 2026.
There are 1,118 businesses in the Book Stores industry in Canada, which has grown at a CAGR of 0.5 % between 2020 and 2025.
The Book Stores industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Book Stores industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Book Stores industry in Canada has been declining at a CAGR of 0.2 % between 2020 and 2025.
Over the next five years, the Book Stores industry in Canada is expected to decline.
The biggest companies operating in the Book Stores industry in Canada are Indigo Books & Music Inc. and Renaud-Bray
Retailing new books, including e-books and Retailing magazines and other periodicals are part of the Book Stores industry in Canada.
The company holding the most market share in the Book Stores industry in Canada is Indigo Books & Music Inc..
The level of competition is high and steady in the Book Stores industry in Canada.