Comic Book Market Growth Status, Regional Trends Forecast To 2028

According to Precision Business Insights (PBI), the latest report, the comic book market is expected to be valued at USD 9,852.6 million in 2022 and is poised to grow at a significant CAGR of 5.2% over 2022-2028. The primary drivers of the expansion of the global comic book market include increasing collaboration between different sectors and global players, growing initiatives to promote comic books, and increasing Comic-Con events and other events.

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Physical Comic Book Segment to Dominate the Comic Book Market:
On the basis of type, the global comic book market is segmented into physical comic books and digital comic books. The physical comic book segment is expected to account for a larger revenue share in the global comic book market, with a value share worldwide. Irrespective of the electronic gadget era, book readers prefer the physical comic book and preserve it for the rest of their life. The increasing popularity of special comic stores will drive the sales of physical comic books. Hence, the physical comic book segment will boost the global comic book market growth in 2022 and is expected to maintain a positive trend in the forecasted years.

Asia Pacific Comic Book Market:
The Asia Pacific market is expected to increase in the global comic book market over the forecast period. The Asia Pacific market is expanding as a result of the high adoption rate of comics, the growing popularity of anime, and rising comic book sales on e-commerce platforms. The key global players like Akita Publishing, ASCII Media Works, and Futabasha Publishers are driving the market growth in Japan. North America held a considerable market share during the estimated period due to the presence of many comic stores, a high comic consumption rate, and high household spending on entertainment. Marvel, DC, Dark Horse, and Image Comics are some global comic manufacturers in the USA. Hence, they are influencing the global comic book market.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global comic book market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In Sept 2021, FaZe Clan and DC announced their collaboration. In Aug 2022, Minecraft star Karl Jacobs partnered with Dark Horse Comics to launch Time Traveler Tales.

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The comic book market is segmented based on type, distribution channel, and geography.
Based on the type, the market is segmented into the following:
• Physical Comic Book
• Digital Comic Book

Based on the distribution channel, the market is segmented into the following:
• Book Stores
• Comic Stores
• Online Stores
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players' profiles in the comic book market report are Marvel Comics, DC Comics, Inc., Dark Horse Comics, IDW Publishing, Valiant Comics, Image Comics, Akita Publishing, ASCII Media Works, Black Hearted Press, Dan Dare Corporation, Fantagraphics, and Futabasha Publishers.

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This release was published on openPR.