Books, News and Stationery Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• The books, news, and stationery retail market in China is forecast to see a healthy growth of 15.4% in next five years

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• Spending on books, news, and stationery is dominated by specialist stores with a share of 57.2% of all sales channels in 2014.”

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