In 2015, revenue for the Bookstores industry in China is expected to total $10.0 billion, up 7.9% from 2014. In the five years to 2015, revenue has been growing at an annualized rate of 9.2%.
Educational books form the largest product segment and government policies on educational books have a major influence on this industry. Before 2001, the sole distribution channel of educational books was the state-owned enterprise, Xinhua Bookstore. Currently, the Chinese government invites tenders for the distribution of educational books, and some private bookstores have acquired distribution rights. As a result, the share of revenue for state-owned bookstores has been falling.
Bookstores in China are mainly engaged in the retailing of printed books.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.