Reproduction of Recorded Media in Australia - Industry Market Research Report

Reproduction of Recorded Media in Australia - Industry Market Research Report

Reproduction of Recorded Media in Australia

Online streaming and downloading have become the favoured method of purchasing media among consumers, strongly affecting the Reproduction of Recorded Media industry in recent years. Changing consumer preferences have wreaked havoc on the industry, leading to substantial drops in revenue. Demand for new digital media solutions has shot up, as these platforms allow users to access music, videos, software and games more easily than ever before. Barring structural changes in media formats, online media piracy has increasingly threatened manufacturers. Industrywide revenue has been tumbling at an average annualised 4.6% over the past five years and is expected to total $344.5 million in 2022-23, when revenue will sink by an anticipated 4.0%.

Industry companies reproduce pre-recorded audio, video, software and other data on physical media formats, including electronic, optical and magnetic media. Physical media types include vinyl records and also CD, DVD and Blu-ray Disc products. Digital media reproduction is not included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.