Global Books, News, and Stationery Retailing 2014- 2019 - Market Share, Size, Tenders, objective and Trends
The Books, News, and Stationery retail market grew at a moderate pace after witnessing a decline in 2009 due to the global financial crisis and consequent decline in spending. The market for printed media reduced in developed countries, as prices declined on the back of huge discounts offered by online retailers, along with a decrease in demand for printed books, magazines, and newspaper as digital content gained popularity. Significant demand for e-books emerged across the globe, following the introduction of Kindle in the market, a trend later followed by other prominent booksellers by introducing their own e-readers in the market, such as Nook and Kobo. Over the next five years, e-books growth will slow down in developed countries, while e-books penetration is expected to increase in emerging markets.
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