Books & Materials Industry Market Research Reports, Analysis & Trends
Books & materials industry comprises companies that operate by manufacturing, producing, and supplying of educational related products that are books and stationary related products. Consumer books have been called analog in the digital age, but books are ubiquitous, inexpensive and continue to feed the entertainment and information needs of people around the world centuries after the printing press was invented. The books and materials market isn’t thought of very much by most people and it is because that they think about books one at a time or not at all. Even though a print book today looks very much like one that had been purchased decades earlier, a perfect storm of changes has been affecting the market and every player in it: From Random House to the random one-man publisher, everyone in the industry feels the pressures of printing and distribution costs, an image problem of being perceived as old fashioned in a wired world, and a public which seems increasingly scatterbrained and distracted to even think about picking up a book.
Books & Materials Market Current Trends
Books comprise almost 42% of the overall global publishing market, according to MarketLine. The books market is expected to reach a worth of almost $108 billion in 2014, representing a near 9.5% yearly increase in the five-year period ending 2014. More than 65% of the book market is comprised of music, video and books retail. Bookstores make up around 62% of the market, with other outfits including online sellers and chain stores. The EU holds around 45% market share in the global books market.
Major Books & Materials Industry Players
Major players in the books & materials industry include Random House, Penguin, HarperCollins and Hachette are the four leading companies in the global book market. Smaller companies include Faber & Faber, Macmillan, Bloomsbury, Kogan Page, Walker Books, Wiley Blackwell, Elsevier and Wolters Kluwer.
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