Books and stationery on the decline

The Books, News and Stationery Retailing in The US – Market Summary and Forecasts report has provided a comprehensive analysis of the emerging trends, forecasts and opportunities for the US market to 2019.

The report analyses consumer trends, changing economic conditions and population factors. The retail dynamic for books, stationery and news has shifted.

The following key findings were made:

– Books, news and stationery segment is projected to witness a decline in growth over the next few years and account for 2,7% of the total retail market by 2019;

– The advent of digital technology, increasing Internet penetration and increasing adoption of mobile devices is projected to result in a decline of sales of books, news and stationery products;

– The online retail channel is predicted to post healthy growth in the forecast period; and

– As increasing numbers of consumers opt for e-books, and organisations aim to become paperless, books and stationery retailers are expected to witness sluggish growth over the next few years.

Read the full report:

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