Global Non-Fiction Books Market Size, Drivers, Trends, Opportunities And Strategies – Includes Non-Fiction Books Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The adoption of an online sales platform are expected to drive innovation in non-fiction books manufacturing, thus driving the market during the forecast period.
The global non-fiction books market is expected to grow from $13.99 billion in 2022 to $14.36 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The global non-fiction books market size is expected to grow to $15.41 billion in 2027 at a CAGR of 1.8%.
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Global Non-Fiction Books Market Segments Include:
- By Type: eBook, Printed Book, Audio book
- By Category: Religion, Travel, Biography, History/Law/Political Science, Business/Economics, Cooking/Entertainment, Computers, Crafts/Antiques/Hobbies/Games, Performing Arts, Other Categories
- By Distribution channel: Online sales, Bookstores, Direct Sales
- 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 non-fiction books market in 2021.
Major Market Players in the non-fiction books market include HarperCollins, Bloomsbury, Scholastic, Pearson, McGraw-Hill Publications, Penguin Random House, Hachette Livre, Thomas Reuters, and Elsiever.
Print-on-demand orders will create lucrative opportunities for leading vendors operating in the market as this helps in printing books that are of demand and that meet the exact needs of the market. Print-on-demand offers many advantages to the market and remains an important option that overcomes risking investment over a big press run by allowing authors to offer a print book. The demand for the idea/book is tested using the print-on-demand option and also the investment that could have been spent on a press run for other crucial steps like cover design and editing is saved thereby saving costs of inventory management. African government is committed to using green technologies and innovative solutions to help protect our planet and print-on-demand is one among them. In August 2021, BookBaby, a leading self-publishing service provider based in the United States, is expanding production with a new investment in an HP Indigo 100K Digital Press, providing more digital printing firepower to accelerate its growth in the publishing market. HP Indigo digital presses have made it possible for individuals and small publishers to print one-of-a-kind books in an efficient manner, thereby supporting the modern Print on a Demand publishing model.
The Non-Fiction Books Global Market Report 2023 provides a non-fiction books market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The non-fiction books market forecast analyzes non-fiction books market size, non-fiction 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.
Nonfiction refers to any kind of literature that provides information or explains actual events rather than telling a story.
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