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Book Publishers Market Report 2023 : By Drivers, Key Trends, Opportunities And Global Forecast To 2032

10-09-2023 08:02 AM CET | Media & Telecommunications

Press release from: The Business research company

Book Publishers Market

Book Publishers Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Book Publishers Global Market Report 2023 identifies sales are growing rapidly in established markets of the USA and Europe as the major driver for the Book Publishers market's growth in the forecast period. eBooks generated a higher share of revenues than the physical print in developed markets such as the US and UK. According to PWC, the total global book publisher revenue will increase, growing at a CAGR 1.7%, during the forecast period. Although the physical book publishers industry continues to shrink (-2.8%), this decline is offset by growth in e-books which are predicted to grow at a CAGR of 11.7% in the forecast period.

The global book publishers market grew from $89.09 billion in 2022 to $91.39 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The book publishers market is expected to grow to $97.84 billion in 2027 at a CAGR of 1.7%.

Download Free Sample Of Book Publishers Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=2091&type=smp

Major competitors in the Book Publishers market are Bertelsmann SE & Co KGaA, Lagardere SCA, Grupo Planeta, News Corporation, Scholastic Corporation.

A key trend in the Book Publishers market includes print-on-demand (POD) model. The Print on Demand (POD) model is characterized by printing the book only after an order is secured. Due to high publishing costs, writers and publishers are preferring to keep their work in digital form. Major print-on-demand book service providers include Blurb, CreateSpace, Lightning Source, and Lulu. Amazon too aims to fully integrate the POD technology. It promises to print a book within 2 hours of the order. Self-publishers stand to gain the most due to this technology.

Read More On The Global Book Publishers Market Report Here:
https://www.thebusinessresearchcompany.com/report/book-publishers-global-market-report

The Book Publishers market is segmented -

• By Type: Consumer Books, Educational books, Religious Books
• By Readers' Age Group: Below 12 Years, 13 Years to 18 Years, Above 18 Years
• By Distribution Channel: Online, Offline
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Book Publishers market.

The Business Research Company's "Global Book Publishers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Book Publishers Market Report Here:
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The Table Of Content For The Book Publishers Market Include:

1. Executive Summary
2. Report Structure
3. Book Publishers Market Characteristics
4. Book Publishers Market Product Analysis
5. Book Publishers Market Supply Chain
………………………….
22. Key Mergers And Acquisitions In The Book Publishers Market
23. Market Background: Print Media Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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