India Media and Entertainment Industry; Newspaper and Magazine Industry

Sep 05, 2013, 12:39 ET from Reportlinker

NEW YORK, Sept. 5, 2013 /PRNewswire/ -- announces that a new market research report is available in its catalogue:

India Media and Entertainment Industry; Newspaper and Magazine Industry

Print is still growing in India, the market size is second only to China and represents a great opportunity as the literacy rates rise and consumers demand more specialised content. Find out where the revenue opportunities are in the huge print market. Learn what your competitors are up to and how your company can participate in this still growing market.

Coverage includes:

- Macro Trends
- English vs. Vernacular publications
- Advertisement Revenues
- Growth Outlook
- New Business Models
- Digital Developments

Find out about regional power shifts, how rising literacy rates are affecting the market, pan India expansion, high cover prices and more. If you're looking to enter the fast moving print market in India and uncover revenue opportunities this is the research you need to look at.

Executive Summary

The Indian Print Industry is the second largest in the world (after China), well established and, unlike in the west, continues to grow at a steady pace. At a current value of USD 4.2 billion, the growth has been at a CAGR of 7% in recent years. There are over 82,222 newspapers with a circulation of over 100 million copies daily.
Taken in aggregate, print will remain a growth medium for a number of years – probably for at least a decade from now. In fact, forecast growth for the next 5 years is a slight acceleration to 9%.

Two factors will ensure that India confounds the expectations of western media markets:
Firstly, Indian newspapers have always been very low price and this will not change. It is almost a free medium, with a very well-established direct to home distribution structure. Electronic alternatives, requiring some capital expenditure on devices, will invariably appear more expensive, rather than less.
Secondly, growing literacy and somewhat improved affluence among India's regional communities will continue to bring additional consumers into the market for regional language newspapers. About 74 per cent of the population are literate according to the recent National Census figures, up from 65 per cent in 2001. Given that the current print media penetration is only 20%, the rising literacy rate provides enough head room for growth.

However, though these trends are very real and will ensure print remains strong for the next decade at least, they could mask a third trend which will impact the highest SEC groups. Here, among India's more affluent middle class, the transition to digital will begin to impact in the next five years, as you would expect.

The consumer magazine market is flat in aggregate terms, but should be divided into two parts. News magazines, traditionally the largest part of the English magazine market, have been in sharp decline, hit, like their counterparts in the west, by widespread access to TV news channels and web content (as well as cheap newspapers). Meanwhile, Women's and Specialist magazines have shown growth – and those targeting affluent readerships have been able to deliver substantial price rises. This also reflects the fragmentation of social attitudes – where once, three generations of women in a family might expect to read the same title, now there are many different ones. Also, as leisure interests proliferate, the market for specialist titles has increased.
The Business-to-Business magazine sector is still nascent. We believe this segment will undergo a significant growth as increasing competition, global expansion and business complexity will necessitate the need for more business to business information among Indian corporate. Given its late start and reader sophistication, this sector may well skip print and go straight to digital. This is covered more extensively in our separate B2B report (see other products)
1. Executive Summary 04
a) The Macro-Economic Outlook 04
People and Demographics - Growing Middle Classes
b) The Media Economy 05
2. Macro-Economic Overview 08
a) Overview 08
b) The Indian Consumer Landscape 13
Share of Average Household Consumption
Four Key Segments
Composition of Consumption Expenditure Across Segments
Future Outlook
3. The Indian Newspaper and Magazine Industry 25 a) Executive Summary 25
b) Macro Trends 27
c) English Versus Vernacular New Daily Publications 30
d) Revenue Share by Category 31
Advertisement Revenues Circulation Revenues
e) Growth Outlook 34
Rising literacy to add more readers
Regional Power Shift Localization of content
Players go Pan India, not content with regional leadership
High cover prices
Expanding reach with the help of regional languages
Digital rehash
f) Key Challenges and Issues 38
High cost and volatility of newsprint prices
Limited talent availability
Fragmented industry
FDI investment Cap
Impact of new wages bill
g) Evolving Business Models and Digital Developments 40
Brand Activation P
Advertiser-Print Media Barter (Stake for Space)
Cross-Media Platform
Online Subscription

Companies Mentioned

Bennett Coleman and Co (BCCL)
Times of India
Times group
Anand Bazar
Hindustan Times
Deccan Chronicle
Dainik Bhaskar
Jagran Prakashan
Journal Registry Co.
Financial Times
HT media

Products Mentioned

Danik Jagran
Danik/Divya Bhaskar
Amar Ujala
Hindustan Times
Rajastan Patrika
Asomiya Pratidin
Prabhat Khabar
Anand Bazaar Patrika
Punjab Kesari
Gujarat Samachar
Times of India
Daily Sakal
Tarun Bharat
Vijay Karnataka
Daily Thanthi
Malayala Manorama
Pratiyogita Darpan
Saras Salil
Samanya Gyan Darpan
India Today
Meri Saheli
Cricket Samrrat
General Knowledge Today
Times of India
Hindustan Times
Business Standard
Mirror for Mumbai
HT Mini
Top Gear
Business Today
YouTube Direct
Wall Street Journal
Mint Luxury Conference
The Times Food Guide
Radio Mirchi
Times Outdoors
Mirchi Movies
ET Now
The Hindu

To order this report: India Media and Entertainment Industry; Newspaper and Magazine Industry

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