Global Books Market, Trends & Growth Opportunity, By Book Type (Fiction, Non-Fiction, Education, Religion & Spirituality, Others), By Genre (Fantasy, Romance, Thriller, Science Fiction, Biography, History, Others), By Format (Hardcover, Paperback, Audiobooks, E-Books), By Distribution Channel (Online Bookstores, Offline Bookstores, Direct Selling), By Region and Forecast till 2030.
Global Books Market
The Global Books Market was valued at USD 140.85 Bn in 2022 and is expected to expand to USD 173.83 Bn by 2030 at a CAGR of 2.56% during the forecast period of 2023-2030.
Books are an essential part of our lives and have been a source of knowledge and entertainment for centuries. With the advancement of technology and the rise of digital media, the book industry has undergone significant changes. The market for books now encompasses physical books as well as e-books, audiobooks, and other digital formats. The industry is highly competitive, with players ranging from traditional publishing houses to online booksellers and self-publishing platforms. This report aims to provide a comprehensive analysis of the global book market, including market trends, key players, and more.
Market Drivers
The global book market is driven by various factors such as a growing number of readers worldwide, the rise of e-books, and increasing demand for books in emerging economies. The growing number of readers, including both avid readers and casual readers, has been a major driver of the book market. Additionally, the rise of e-books has made reading more accessible, convenient, and affordable for readers.
Furthermore, the increasing demand for books in emerging economies such as China, India, and Brazil, among others, has been a significant driver of the book market. These economies have witnessed increasing literacy rates, higher disposable incomes, and growing interest in education, which has led to a surge in demand for books.
Market Restraints
A major factor restraining the global books market is the shift towards digital reading. E-books and audiobooks have been gaining popularity due to their convenience and affordability, and this has led to a decline in sales of physical books.
Another challenge is the emergence of piracy and illegal distribution of books, which affects the sales revenue of publishers and authors. In addition, the high cost of printing and distribution also poses a challenge, especially for small publishers and independent authors. The increasing competition from other forms of entertainment, such as movies and video games, also impacts the demand for books.
Impact of Covid-19
The COVID-19 pandemic has had a significant impact on the global books market. With lockdowns and restrictions on movement, many physical bookstores were forced to close, leading to a surge in online book sales. However, overall sales of books were negatively impacted due to economic uncertainties and a decrease in disposable income. With many people losing their jobs or experiencing reduced incomes, books may have been considered a non-essential purchase, leading to decreased sales.
On the other hand, with people spending more time at home, there has been an increase in demand for educational and self-help books, as well as children's books.
Market Segmentation
The global books market is segmented by book types, such as fiction, non-fiction, education, religion & spirituality, and others. Based on the genre, the market is segmented into fantasy, romance, thriller, science fiction, biography, history, and others. Based on the format, it is segmented into hardcover, paperback, audiobooks, and e-books. Further, the market is segmented by distribution channels, such as online bookstores, offline bookstores, and direct selling.
Regional Analysis
The largest market for books is the United States, followed by Europe. This dominance is expected to continue during the forecast period for both regions.
The Asia-Pacific region, particularly China and India, is expected to witness fast growth in the books market due to increasing literacy rates, growing urbanization, and a rising middle class. The growth in e-commerce and the availability of affordable e-readers and tablets in the region are also expected to boost the demand for e-books.
Key Players
Amazon, Penguin Random House, HarperCollins Publishers, Macmillan Publishers, Scholastic Corporation, Bloomsbury Publishing, China Publishing Group Corporation, Kadokawa Corporation, Shueisha Inc, Kyobo Bookstore Co. Ltd., Crossword Bookstores Limited, Page One Group Pte Ltd, Bonnier Books, Springer Nature.
Market Taxonomy
By Book Type
• Fiction
• Non-Fiction
• Education
• Religion & Spirituality
• Others
By Genre
• Fantasy
• Romance
• Thriller
• Science Fiction
• Biography
• History
• Others
By Format
• Hardcover
• Paperback
• Audiobooks
• E-Books
By Distribution Channel
• Online Bookstores
• Offline Bookstores
• Direct Selling
Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Books Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Books Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Books Market, By Book Type
5.1 Y-o-Y Growth Comparison, By Book Type
5.2 Global Books Market Share Analysis, By Book Type
5.3 Global Books Market Size and Forecast, By Book Type
5.3.1 Fiction
5.3.2 Non-Fiction
5.3.3 Education
5.3.4 Religion & Spirituality
5.3.5 Others
6 Global Books Market, By Genre
6.1 Y-o-Y Growth Comparison, By Genre
6.2 Global Books Market Share Analysis, By Genre
6.3 Global Books Market Size and Forecast, By Genre
6.3.1 Fantasy
6.3.2 Romance
6.3.3 Thriller
6.3.4 Science Fiction
6.3.5 Biography
6.3.6 History
6.3.7 Others
7 Global Books Market, By Format
7.1 Y-o-Y Growth Comparison, By Format
7.2 Global Books Market Share Analysis, By Format
7.3 Global Books Market Size and Forecast, By Format
7.3.1 Hardcover
7.3.2 Paperback
7.3.3 Audiobooks
7.3.4 E-Books
8 Global Books Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Books Market Share Analysis, By Distribution Channel
8.3 Global Books Market Size and Forecast, By Distribution Channel
8.3.1 Online Bookstores
8.3.2 Offline Bookstores
8.3.3 Direct Selling
9 Global Books Market, By Region
9.1 Global Books Market Share Analysis, By Region
9.2 Global Books Market Size and Forecast, By Region
10 North America Books Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Books Market Share Analysis, By Book Type
10.3 North America Books Market Size and Forecast, By Genre
10.4 North America Books Market Size and Forecast, By Format
10.5 North America Books Market Size and Forecast, By Distribution Channel
10.6 North America Books Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Books Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Books Market Share Analysis, By Book Type
11.3 Europe Books Market Size and Forecast, By Genre
11.4 Europe Books Market Size and Forecast, By Format
11.5 Europe Books Market Size and Forecast, By Distribution Channel
11.6 Europe Books Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Books Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Books Market Share Analysis, By Book Type
12.3 Asia Pacific Books Market Size and Forecast, By Genre
12.4 Asia Pacific Books Market Size and Forecast, By Format
12.5 Asia Pacific Books Market Size and Forecast, By Distribution Channel
12.6 Asia Pacific Books Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia
13 Latin America Books Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Books Market Share Analysis, By Book Type
13.3 Latin America Books Market Size and Forecast, By Genre
13.4 Latin America Books Market Size and Forecast, By Format
13.5 Latin America Books Market Size and Forecast, By Distribution Channel
13.6 Latin America Books Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Books Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Books Market Share Analysis, By Book Type
14.3 Middle East Books Market Size and Forecast, By Genre
14.4 Middle East Books Market Size and Forecast, By Format
14.5 Middle East Books Market Size and Forecast, By Distribution Channel
14.6 Middle East Books Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Amazon
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Penguin Random House
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 HarperCollins Publishers
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Macmillan Publishers
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Scholastic Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Bloomsbury Publishing
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 China Publishing Group Corporation
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Kadokawa Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Shueisha Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Kyobo Bookstore Co. Ltd.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 Crossword Bookstores Limited
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 Page One Group Pte Ltd
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
16.13 Bonnier Books
16.13.1 Overview
16.13.2 Offerings
16.13.3 Key Financials
16.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
16.13.6 Key Strategies
16.14 Springer Nature
16.14.1 Overview
16.14.2 Offerings
16.14.3 Key Financials
16.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
16.14.6 Key Strategies
