The Business Research Company Global Book Publishers Market Report 2021: Impact and Recovery of COVID-19 through 2030
LONDON, GREATER LONDON, UK, July 2, 2021 /EINPresswire.com/ – According to the new market research report “Book Publishers Global Market Report 2021: COVID-19 Impact And Recovery To 2030” published by The Business Research Company, the global book publisher market is expected to grow from $ 87.92 billion in 2020 to $ 92.68 billion in 2021 at a compound annual growth rate (CAGR) of 5.4%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 104.21 billion in 2025 at a CAGR of 3%. The growth of the world population is the main driver of the market.
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The book publishers market is made up of the income generated by the entities (organizations, sole proprietorships or partnerships) that carry out the design, publishing and marketing activities necessary for the production and distribution of books. These establishments can publish books in print, electronic or audio form. Their products include atlases, religious books, school or university textbooks, encyclopedias, technical manuals, maps and travel guides, in all cases with the exception of the exclusive edition on the Internet).
Global Book Publisher Market Trends
The print-on-demand (POD) model is becoming popular among book publishers because it allows them to control printing and inventory costs. The POD model is characterized by printing the book only after an order is secured. Due to the high publication costs, writers and editors prefer to keep their work in digital form. The main providers of print-on-demand services are Blurb, CreateSpace, Lightning Source, and Lulu. Amazon also aims to fully integrate POD technology. He agrees to print a book within 2 hours of ordering. Self-publishers have everything to gain from this technology.
Global Book Publisher Market Segments:
The global book publisher market is further segmented on the basis of type, reader age group, and geography.
By type: general public books, educational books, religious books
By age group of readers: under 12, from 13 to 18, over 18
Sub-segments covered: fiction books, non-fiction books, books for children and young adults
By Geography: The global book publishers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East, and Africa. Among these regions, Asia-Pacific is the largest region in the global book publisher market, accounting for 34% of the market in 2020.
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The Global Book Publishers Market 2021 report is part of a series of new reports from The Business Research Company that provides Book Publishers with global market overviews, analysis, and forecast on the market size and growth For the global book publishers market, the global book publishers market share, the global book publishers market players, market segments and global geographies of the book publishers, revenue, profiles and market share of the major competitors of the book publishers market. The Book Publishers Market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read the 2021 Global Book Publishers Market Report from The Business Research Company for insight into the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Covered book publisher market organizations: Pearson PLC, Bertelsmann, Hachette Livre, China South Publishing & Media Group, Grupo Planeta.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets.
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