Industry Analysis & Industry Trends
Book retailers have struggled through a difficult chapter over the five years through 2014-15. With revenue expected to contract at a compound annual rate of 8% over the period, industry operators have faced a tough trading landscape. This unfortunate story is partly the result of increasing competition exerted on the industry by external operators such as supermarkets and online retailers, and the growing popularity of e-books, which are rewriting the way consumers enjoy text. The performance of book retailers has also been affected by fluctuations in the level of real household disposable income and subdued consumer confidence.
Industry revenue is expected to contract by 4.4% in 2014-15 to reach £994.6 million... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry is in the decline stage of its life cycle, which is characterised by a saturated product market, revenue contraction and a decline in enterprise numbers. Industry value added is expected to fall at a compound annual rate of 7.2% over the 10 years through 2014-15. Over the same period the UK economy is forecast to expand at a compound annual rate of 2.1%. This indicates that the Book Retailers industry is slowing its contribution to the economy, and is further indicative of the decline phase of its life cycle.
Profit margins will fall over much of the 10 years, as competition in the industry is largely price based... purchase to read more