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Interactive Children's Books Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

02-29-2024 06:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuate Reports

Interactive Children's Books - Market Size

The global Interactive Children's Books market size is expected to reach US$ 4034.6 million by 2029, growing at a CAGR of 4.0% from 2023 to 2029.

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Interactive Children's Books - Market

Children's book includes stories, books, magazines, and poems that are enjoyed by children. Modern children's literature is classified in two different ways: genre or the intended age of the reader.

The market is mainly driven by the significant applications of Interactive Children's Books in various end use industries. The expanding demands from the Baby-2, Ages 3-5, Ages 6-8 and Ages 9-12, are propelling Interactive Children's Books market. Books, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the e-Books segment is estimated at % CAGR for the next seven-year period.

According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to "Guide market players to produce safer and healthier domestic infant products". According to the National Bureau of Statistics, China's birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children's consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children's Industry shows that in 80% of families in China, children's expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Interactive Children's Books, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Interactive Children's Books market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Interactive Children's Books market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Interactive Children's Books sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Interactive Children's Books covered in this report include Pearson, Reed Elsevier, ThomsonReuters, Wolters Kluwer, Random House, Hachette Livre, Grupo Planeta, McGraw-Hill Education and Holtzbrinck, etc.

The global Interactive Children's Books market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation
Company Profiles:
• Pearson
• Reed Elsevier
• ThomsonReuters
• Wolters Kluwer
• Random House
• Hachette Livre
• Grupo Planeta
• McGraw-Hill Education
• Holtzbrinck
• Scholastic(corp.)
• Cengage
• Wiley
• De Agostini Editore
• Shueisha
• Kodansha

Segment by Type :
• Books
• e-Books

Segment by Application :
• Baby-2
• Ages 3-5
• Ages 6-8
• Ages 9-12

View Full Report :
https://reports.valuates.com/market-reports/QYRE-Auto-2Y1765/global-interactive-children-s-books

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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