IMARC Group, a leading market research company, has recently releases report titled Consumer Book PublishingMarket: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. the study provides a detailed analysis of the industry, including the global consumer book publishing market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the consumer book publishing market?
Report Attributes | Details |
Market Size in 2022 | US$ 68.7 Billion |
Market Forecast in 2028 | US$ 73.6 Billion |
Growth rate (2023 to 2028) | CAGR of 1.0% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is Consumer Book Publishing?
Consumer book publishing refers to the process of creating, producing, and distributing books for a general readership. The process involves several stages, including ideation, writing, acquiring manuscripts, editing, proofreading, design and layout, printing, marketing, and distribution. These books can cover different genres, including fiction, non-fiction, poetry, children's literature, memoirs, biographies, and self-help, among others. Consumer book publishing offers economic advantages at all levels of the production chain, including authors, publishers, and other related parties. Many consumer book publishers also offer digital subscriptions, which allow users access to an extensive library of e-books and digital copies of printed books. They also provide audiobooks that can be accessed and heard through various devices, such as smartphones, tablets, and speakers.
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What are the growth prospects and trends in the consumer book publishing industry?
Rapid digital transformation of the publishing sector, increasing demand for e-books, and the development of new digital formats, such as audiobooks, represent some of the prime factors driving the global consumer book publishing market growth. Besides this, the widespread adoption of electronic reading devices and the escalating popularity of subscription-based services that provide readers access to a wide range of e-books through a charge of a monthly or yearly fee are creating a positive outlook for the market.
Moreover, the proliferation of self-publishing platforms that allow authors to directly publish and distributes their books, combined with the rising number of libraries and the growing interest in reading among the masses, are contributing significantly to the growth of the market. In addition to this, the introduction of print-on-demand technology, which enables books to be printed and shipped to customers immediately, along with the advent of three-dimensional (3D) printing, is aiding in market expansion.
Concurrent with this, the integration of advanced technologies, such as artificial intelligence (AI), cloud computing, virtual reality (VR), and augmented reality (AR), to improve the efficiency of the consumer book publishing process is presenting remunerative growth opportunities for the market. Furthermore, the incorporation of digital asset management (DAM) systems and content management systems (CMS) to store, organize, and manage multiple digital files involved in the process is impelling the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Bonnier AB
- China Publishing Group Co. Ltd.
- Hachette Book Group (Hachette Livre)
- HarperCollins Publishers LLC (News Corp)
- Informa plc
- Kadokawa Future Publishing (Kadokawa Corporation)
- Kodansha Ltd.
- Penguin Random House LLC (Bertelsmann SE Co. KGaA)
- Phoenix Publishing House
- Planeta
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- Print Book Publishing
- Digital Book Publishing
Distribution Channel Insights:
- Online
- Offline
End User Insights:
- Children
- Adults
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
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