Well read: Despite rising consumer confidence, limited leisure time will decrease industry revenue

The Book Stores industry in Canada has declined over the five years to 2019 amid high levels of external competition from online retailers and e-books, which offer alternative and more affordable channels through which consumers are able to purchase industry goods. Although an increase in per capita disposable income has boosted total retail sales in recent years, the industry is nonetheless contracting instead of expanding. The percentage of physical and digital books sold through online channels has risen steadily, and over half of all books purchased domestically are now bought online, with industry revenue declining as a result. Over the five years to 2024, the industry is forecast to continue declining...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
-2.8%
Forecast Growth 19-24
Profit
Employment
11,593
Businesses
1,308
Market Share of Companies

Industry Threats & Opportunities

  • Heightened online competition has kept industry profit levels low
  • A prominent source of competition comes in the form of electronic books
  • Leisure time is forecast to remain relatively stagnant
  • Industry Report - Industry Key Buyers Chapter

    The Book Stores industry in Canada experiences a moderate level of market share concentration, with the industry's three largest operators generating 59.6% of total industry revenue in 2019. The industry's largest major player, Indigo Books & Music Inc. (Indigo), has just over 200 retail outlets located throughout Canada. In contrast, the majority of the other industry players are small, independently owned and functioning companies that operate at only a regional or local level. As a result, 82.4% of industry operators have fewer than 20 employees, and 37.9% of the industry is composed of sole proprietors, or nonemployers, running bookstores alone. Ove...purchase to read more.

    Additional Insights for the Book Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Book Stores Industry are

  • Proximity to key markets
  • Ability to control stock on hand
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Demand from e-commerce and online auctions in the Book Stores industry impact industry performance..

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    What's in this report

    What is the Book Stores Industry?

    Companies in this industry retail a broad range of book and newspaper merchandise, including trade books, textbooks, magazines, mass market paperbacks and religious books. These goods are purchased from domestic, and in some cases international, manufacturers and wholesalers. Operators then retail these goods through their stores to the general public. This industry excludes retailers that operate primarily as used merchandise stores or electronic shopping and mail-order houses.

    Industry Products
  • Trade books
  • Mass market paperback
  • Textbooks
  • Other books
  • Magazines and newspapers
  • Office supplies
  • Stationery products
  • All other
  • Industry Activities
  • Retailing new books, including e-books
  • Retailing magazines and other periodicals
  • Retailing newspapers
  • Retailing other related products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Demand from e-commerce and online auctions
  • Leisure time
  • Number of fixed broadband connections

  • Current Performance
  • Growing competition
  • Evolving nature of industry establishments
  • Mergers and closings
  • Chart: Revenue Growth

  • Industry Outlook
  • Consumer conditions and demand
  • Competition, technology and changing demand
  • Paper cuts
  • Table: Book Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Book Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Public Schools in Canada
  • Private Schools in Canada
  • Colleges & Universities in Canada
  • For-Profit Universities in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Book Publishing in Canada
  • Greeting Cards & Other Publishing in Canada
  • Magazine & Periodical Publishing in Canada
  • Newspaper Publishing in Canada
  • Printing in Canada
  • Printing Services in Canada

  • Products & Services
  • All other
  • Textbooks
  • Trade books
  • Other books
  • Magazines and newspapers
  • Mass market paperback
  • Stationery products
  • Office supplies
  • Chart: Book Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Highest income quintile
  • Fourth income quintile
  • Third income quintile
  • Second income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Book Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther Costs
  • Chart: Cost Structure Benchmarking – Sector vs Book Stores

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Book Stores Industry

  • Industry Globalization
    Indigo Books & Music Inc.,
  • Table: Indigo Books & Music Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Book Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Book Stores Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Per capita disposable income (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    E-Book
  • An electronic version of a book that can be downloaded to a portable electronic device or a computer.
  • E-Reader
  • A portable electronic device that enables users to purchase, download and read books and other publications.
  • Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • Point Of Sale (Pos)
  • A retail point of sale system is usually taken to mean the cash register, which may comprise a computer monitor, cash drawer, receipt printing machine, barcode scanner and debit/credit card reader.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Book Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Book Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Book Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Book Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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