Australia reproduction of recorded media industry increased by 5% CAGR during 2000 to 2010
Reproduction of Recorded Media in Australia: ISIC 223 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 17:31:02
The reproduction of recorded media industry in Australia managed to grow by 3% annually on average over 2000-2010, and by a net 36%; however, its future prosperity continues to be threatened by the expansion of digital downloading.
The Australian reproduction of recorded media market expanded by a net 58% over the same period, outpacing the domestic industry. With an average annual growth of 5% per annum, total market size reached A$688Mn in 2010, with the most significant year-on-year growth of 25% recorded in 2006. The largest buyer group for the industry is businesses, accounting for 95% of total market value. Households´ value share of the total market declined from 6% in 2000 to 4% in 2010.
The turnover of local producers exhibited a 3% average annual growth over the review period, and in 2010 reached A$179 million, exceeding the 2000 value by 36%. The industry comprises two categories: reproduction of sound and video recordings, and reproduction of computer media.
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