Press release
Evolving Market Trends In The Manga Industry: AI-Generated Manga Revolutionizing The Manga Market
Manga
What Is the Current Manga Market Size and Its Estimated Growth Rate?
The size of the manga market has seen a significant increase over the past few years. The industry, which is projected to be worth $13.97 billion in 2024, is expected to expand to $16.35 billion in 2025, with an impressive compound annual growth rate (CAGR) of 17.0%. Factors such as cultural influence and popularity, global expansion and cultural exports, anime adaptations, a variety of genres and themes, as well as cross-media collaborations have all contributed to this historic period of growth.
In the coming years, the manga market is projected to experience a swift expansion, reaching a value of $30.26 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 16.6%. The escalation during the forecast period is ascribed to the continued rise in global demand, advancements in design and distribution, an amplified focus on diversity and inclusivity, specific and refined markets, along with the sway of social media. Predominant tendencies within the forecast duration consist of digital transformation, online platforms, unfolding global appeal, adaptations leading to cross-media growth, the dawn of unique genres and themes, together with partnerships and integrations.
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How Are Emerging Segments Shaping the Manga Market Landscape?
The manga market covered in this report is segmented -
1) By Content Type: Printed, Digital
2) By Genre: Action And Adventure, Sci-Fi And Fantasy, Sports, Romance And Drama, Other Genre
3) By Distribution Channel: Offline, Online
4) By Audience: Children And Kids (Aged Below 10 Years), Teenagers (Aged Between 10 to 16 Years), Adults (Aged Above 16 years)
Subsegments:
1) By Printed: Physical Volumes (Tankōbon), Magazines and Anthologies, Collectible Editions
2) By Digital: Digital Manga (eBooks), Webtoons, Mobile App-Based Manga
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Which Growth Factors Are Influencing Manga Market Expansion?
The surge in the popularity of digital books is predicted to drive the expansion of the manga market. E-books, or digital books, are available through various online platforms. Manga, a form of graphical comic book, has embraced these platforms to publish their content. This digital platform aids in simpler explanation through a range of pictorial content, promoting multi-modal thinking among its audience. Therefore, it allows manga publishers an easier route to deliver their content to customers, thus boosting demand. For example, the 2022 report from OverDrive Inc., a U.S.-based eBooks digital distributor, posted that in January 2023, readers borrowed 555 million pieces of digital content including ebooks, audiobooks, digital magazines, comics, and more; a 10% increase from 2021. Consequently, this upswing in demand for digital books is fuelling the growth of the manga market.
Who Are the Dominant Players Across Different Manga Market Segments?
Major companies operating in the manga market include Shogakukan Inc., Bilibili Comics Pte. Ltd., Square Enix Holdings Co Ltd., Kadokawa Corporation, Kodansha Ltd, Shueisha Inc., Ohzora Publishing Co Ltd., DMG Entertainment, IDW Media Holdings Inc., Takeshobo Co Ltd., Akita Publishing Co Ltd., Yen Press LLC, VIZ Inc., Archie Comic Publications Inc., Houbunsha Co Ltd., Media Factory Inc., Tokyopop LLC, Lezhin Comics, Mag Garden Corporation, Hakusensha Inc., Futubasha Publishers Ltd., Digital Manga Inc., Seven Seas Entertainment Inc., Nihon Bungeisha Co Ltd., Gangan Comics, Ichijinsha Inc.
What Are the Latest Developing Trends in the Manga Market?
The rise of AI-designed manga is a significant development observed in the manga industry. With AI technology, manga creators have been able to cut down their production timeline and enhance the reader experience. For instance, Rootport, a manga writer from Japan, introduced the AI variant of Cyberpunk: Peach John in March 2023. This version showcased AI-derived graphics produced via Midjourney, an online image generator that leverages AI technology. This innovative tool has significantly reduced the time taken to complete a project. The incorporation of an AI tool led to the creation of a full-fledged, coloured manga from scratch, enabling creators to place in keywords and a primary storyline and receive a fully realized manga in return.
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Which Geographic Regions Are Expected to Dominate the Manga Market in the Coming Years?
Asia-Pacific was the largest region in the manga market in 2024. The regions covered in the manga market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Manga Market?
2. What is the CAGR expected in the Manga Market?
3. What Are the Key Innovations Transforming the Manga Industry?
4. Which Region Is Leading the Manga Market?
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