Global Children and Young Adult Books Market Size, Drivers, Trends, Opportunities And Strategies – Includes Children and Young Adult Books Market Share
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The increase in the disposable income of consumers are expected to drive innovation in children and young adult books manufacturing, thus driving the market during the forecast period.
The global children and young adult books market is expected to grow from $11.35 billion in 2022 to $11.59 billion in 2023 at a compound annual growth rate (CAGR) of 2.1%. The global children and young adult books market size is expected to grow to $12.24 billion in 2027 at a CAGR of 1.4%.
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- By Type: Print Book, Ebook, Audiobook
- By End-user: Children (2 to 10 years), Adolescents (11 to 17 years), Young adults (18 to 25 years)
- By Distribution Channel: Online distribution, Offline distribution
- By Geography: The 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 children and young adult books market in 2021.
Major Market Players in the children and young adult books market include Hachette Book Group, Holtzbrinck Publishing Group, Phoenix Publishing House, Bonnier, China Publishing Group.
Books publishing companies are increasingly implementing personalized storybooks that allow inserting children’s names, interests in the story. Most of the companies are publishing personalized bedtime storybooks. For instance, Wonderbly publishes a personalized story that lets the children imagine themselves doing some extraordinary things, and it also publishes a book for each age group accordingly. Bookyboo is another company that provides personalized books for children.
The Children and Young Adult Books Global Market Report 2023 provides a children and young adult books market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The children and young adult books market forecast analyzes children and young adult books market size, children and young adult books market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Children and young adult books refer to written works intended to be read to or by children and teens, including poetry, short tales, novels, picture books, and chapter books.
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