Challenges and change have surrounded the Newsagencies industry over the past five years. Trading conditions have been affected by declines in newspaper circulation and a shift in demand for other traditional product lines offered by newsagencies, particularly magazines and stationery. While lottery sales have continued to perform well, primarily due to significant first-prize jackpots, this has been insufficient to prevent overall industry revenue declining by an annualised 2.7% over the past five years.
Operators in the industry primarily retail newspapers, magazines, stationery and greeting cards. These businesses may also sell lottery products, gifts, party items, plush goods, toys, tobacco products, confectionery and beverages. Businesses may trade as a shop, a subagent or offer home delivery or any combination of these activities.
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.