Newsagents and Book Retailers in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: September 2023
ANZSIC G4244Revenue
$2.2bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
15,663
Businesses
3,193
Wages
$XXX.Xm
Newsagents and Book Retailers in Australia industry analysis
Newsagents and book retailers have been facing tough trading conditions. Declining sales of printed publications and competition from international online retailers have placed considerable pressure on retailers. Competition from external operators, including supermarkets and department stores, has also cut into performance. Trends in household discretionary income, consumer sentiment and online shopping’s popularity have made it difficult for retailers to yield significant revenue. Revenue is expected to decline at an annualised 9.2% to $2.3 billion over the five years through 2023-24. This trend includes a drop of 3.6% in the current year; falling discretionary incomes have made consumers less willing to spend money on books.
Trends and Insights
- More consumers are opting to buy books and other products from online-only retailers. Retailers that only have online operations have lower overhead costs, which mean they can price their goods more competitively.
- Of the individual products in the industry, books yield the most revenue. However, department stores and online-only retailers can charge lower prices, dampening the share of industry revenue attributable to book sales.
- Population density tends to influence where retailers set up shop. New South Wales and Victoria have high populations, meaning that they account for a large share of industry firms.
- Newsagents and book retailers mainly compete on price. Traditional retailers tend to struggle to match the lower prices offered by department stores like Kmart and online-only retailers.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has declined at a CAGR of 9.2 % over the past five years, to reach an estimated $2.2bn in 2023.
Trends and Insights
Online competitors have cut into demand for newsagents and book retailers
- As online shopping has become more popular, more online-only book retailers have emerged to challenge the Newsagents and Book Retailers industry.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Online shopping trends will continue to influence performance
- Internet subscriber numbers and demand from online shopping will keep mounting in the coming years, influencing demand for newspapers and books.
Biggest companies in the Newsagents and Book Retailers in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Newspower Australia | 273.2 | |
QBD Books | 176.1 | |
Nextra Group | 171.5 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Books, Lottery and Magazines. Books is the largest segment of the Newsagents and Book Retailers in Australia.
Trends and Insights
Strong competition has weighed down revenue from books
- Books are the main product segment in the Newsagents and Book Retailers industry.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Antique and Used Goods Retailing in Australia
- Stationery Goods Retailing in Australia
Complementors
- Newspaper Publishing in Australia
- Magazine and Directory Publishing in Australia
- Book Publishing in Australia
- Book and Magazine Wholesaling in Australia
- Paper Product Wholesaling in Australia
International industries
- Book Stores in the US
- Book Stores in Canada
- Newspaper and Book Retailing in New Zealand
- Book Retailers in the UK
- Bookstores in China
Table of Contents
About this industry
Industry definition
Newsagents and book retailers mainly sell newspapers, books and magazines. Retailers may operate as independent businesses, as part of a retail chain of stores or under a franchised model. Retailers mainly buy newspapers and books from relevant wholesalers and then sell them via stores or online sites to end consumers. Online-only businesses are excluded from the industry.
What's included in this industry?
Book retailing Newspaper retailingMagazine and periodical retailingCompanies
Newspower AustraliaQBD BooksNextra GroupPurchase this report to view all 5 major companies in this industry.
Related Terms
EREADEREBOOKETAILERSIndustry Code
ANZSIC 4244 - Newsagents and Book Retailers in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
More consumers are opting to buy books and other products from online-only retailers. Retailers that only have online operations have lower overhead costs, which mean they ca...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Of the individual products in the industry, books yield the most revenue. However, department stores and online-only retailers can charge lower prices, dampening the share of...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Population density tends to influence where retailers set up shop. New South Wales and Victoria have high populations, meaning that they account for a large share of industry...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Newsagents and book retailers mainly compete on price. Traditional retailers tend to struggle to match the lower prices offered by department stores like Kmart and online-onl...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Newspower Australia Pty Ltd is the largest national newsagent group in Australia. The company also runs an online site that sells printing supplies.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Newspower Australia's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of QBD Books's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Nextra Group's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Newspower Australia, and factors influencing its performance in the industry
- Description and key data for QBD Books, and factors influencing its performance in the industry
- Description and key data for Nextra Group, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
While some restrictions apply to trading hours, retail trading hours have been moving towards deregulation. Newsagents must also meet numerous licensing and registration regu...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Even though revenue has struggled to keep up, profit margins have expanded. This profitability has largely been because of falling purchase costs, as well as being able to ge...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Newsagents and Book Retailers industry in Australia in 2024?
The market size of the Newsagents and Book Retailers industry in Australia is $2.2bn in 2024.
How many businesses are there in the Newsagents and Book Retailers in Australia industry in 2023?
There are 3,193 businesses in the Newsagents and Book Retailers industry in Australia, which has declined at a CAGR of 3.8 % between 2018 and 2023.
Has the Newsagents and Book Retailers industry in Australia grown or declined over the past 5 years?
The market size of the Newsagents and Book Retailers industry in Australia has been declining at a CAGR of 9.2 % between 2018 and 2023.
What is the forecast growth of the Newsagents and Book Retailers industry in Australia over the next 5 years?
Over the next five years, the Newsagents and Book Retailers industry in Australia is expected to decline.
What are the biggest companies in the Newsagents and Book Retailers market in Australia?
The biggest companies operating in the Newsagents and Book Retailers market in Australia are Newspower Australia, QBD Books and Nextra Group
What does the Newsagents and Book Retailers in Australia include?
Book retailing and Newspaper retailing are part of the Newsagents and Book Retailers industry.
Which companies have the highest market share in the Newsagents and Book Retailers in Australia?
The company holding the most market share in Australia is Newspower Australia.
How competitive is the Newsagents and Book Retailers industry in Australia?
The level of competition is high and increasing in the Newsagents and Book Retailers industry in Australia.
