The global Books market size is expected to be worth around US$ 259.3 billion by 2030, according to a new report by Vision Research Reports.
The global Books market size was valued at US$ 142.1 billion in 2020 and is anticipated to grow at a CAGR of 5.4% during forecast period 2021 to 2030.
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Growth Factors
Increasing consumer spending on books supported by rising incomes and interest, as well as continued innovations in the format that have enhanced the overall reading experience, are among the key factors boosting the market.
The market has undergone significant changes over the last decade and has been heading in newer directions. The evolution of the commissioning process, backed by a generation of smart editors. The three major areas involved in commissioning books-marketing, publicity, and sales and distribution-have all been evolving in ways that can profit the market.
Technological innovations in the industry, with the advent of audio- and video-based e-books, are attracting consumers across regions. Easy accessibility of paperback copies for differently-abled and non-English speaking groups are some of the key factors driving the market growth.
Report Highlights
The mystery books segment dominated the market for books and accounted for the largest revenue share of 26.7% in 2020. The dominance of this segment can be attributed to the trend that crime/mystery and thriller is one of the most liked fiction book categories worldwide, as readers are flocking to buy books in this genre.
The local book shops segment dominated the market for books and accounted for the largest revenue share of 50.3% in 2020. Retail shops offer a variety of consumer utility goods. Books are usually sold at these stores to promote a new book or a new publishing brand. Whereas, the online segment generated revenue of USD 46.9 billion and by 2028 is estimated to be valued at 46.9 billion. Amazon set foot in the e-commerce sector as an online bookstore in July 1995, as the first-ever online bookstore.
The hardcopy segment dominated the market for books and held the largest revenue share of 88.9% in 2020 on account of consumers been wanting to reduce screen time; this includes young and millennial readers as well as parents who want to limit the amount of time their children spend in front of a screen. The printed word has many compelling advantages over reading on a screen.
North America dominated the market and held the largest revenue share of 42.9% in 2020 on account of the presence of a large number of independent publishers and publishing companies in the region is anticipated to boost the market.
Key Players
| Report Coverage | Details |
| Market Size | US$ 259.3 billion by 2030 |
| Growth Rate | CAGR of 5.4% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Distribution Channel, Format |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Penguin Random House; Hachette Book Company; HarperCollins Publishers; Simon & Schuster, Inc.; MacMillan Publishers; Pearson; Scholastic, Inc.; MARVEL; Morris Publishing; IDW Publishing |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Books Market, By Type
7.1. Books Market, by Type, 2021-2030
7.1.1. Science
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Historical
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Mystery
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Fantasy
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Literary
7.1.5.1. Market Revenue and Forecast (2017-2030)
7.1.6. Contemporary/Realistic
7.1.6.1. Market Revenue and Forecast (2017-2030)
7.1.7. Romance
7.1.7.1. Market Revenue and Forecast (2017-2030)
7.1.8. Educational
7.1.8.1. Market Revenue and Forecast (2017-2030)
7.1.9. Comic
7.1.9.1. Market Revenue and Forecast (2017-2030)
7.1.10. Others (Classic, Biographies)
7.1.10.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Books Market, By Distribution Channel
8.1. Books Market, by Distribution Channel, 2021-2030
8.1.1. Online
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Local Book Shops
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Retail Shops
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Specialty Stores
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Books Market, By Format
9.1. Books Market, by Format, 2021-2030
9.1.1. Hard Copy
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. E-Book
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Audiobooks
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Books Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.1.3. Market Revenue and Forecast, by Format (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Format (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.3. Market Revenue and Forecast, by Format (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Format (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Format (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Format (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.3. Market Revenue and Forecast, by Format (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Format (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Format (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Format (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Format (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Format (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Format (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5.3. Market Revenue and Forecast, by Format (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Format (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Format (2017-2030)
Chapter 11. Company Profiles
11.1. Penguin Random House
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Hachette Book Company
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. HarperCollins Publishers
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Simon & Schuster, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. MacMillan Publishers
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Pearson
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Scholastic, Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. MARVEL
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Morris Publishing
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. IDW Publishing
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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