Insights Into The Manga Market’s Growth Potential 2024-2033
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The manga market has witnessed rapid growth, advancing from $12.04 billion in 2023 to $14.14 billion in 2024, demonstrating a compound annual growth rate (CAGR) of 17.4%. This growth in the historical period is attributed to factors such as its cultural influence and popularity, globalization efforts, the adaptation of manga into anime, the diversity of genres and themes, and cross-media collaborations. Looking ahead, the market is expected to continue its rapid expansion, reaching $26.08 billion by 2028, with a compound annual growth rate (CAGR) of 16.5%. The forecasted growth is driven by factors including the increasing global demand, innovations in delivery formats, efforts towards diversity and inclusivity, the emergence of niche markets, and the influence of social media platforms. Major trends in the forecast period include digitalization and the rise of online platforms, the globalization of manga content, expansions into different media formats, the exploration of new themes and genres, and increased collaborations and crossovers within the industry.
The increasing demand for digital books is anticipated to drive the growth of the manga market in the future. Digital books, including e-books, are accessible through various platforms. Manga, graphical comic books, leverage digital platforms to publish e-books that facilitate easier learning through graphical content, promoting multi-modal thinking among readers. This accessibility enhances the demand for manga content. For instance, data from the Digital Book Circulation Data and Highlights Report 2022 by OverDrive, Inc. reveals a 10% increase in digital content borrowing, totaling 555 million e-books, audiobooks, digital magazines, comics, and other content in 2022 compared to 2021. Consequently, the rising demand for digital books augments the manga market. Understanding market sizes for 2023, 2024, and 2028 provides insights into market dynamics and growth potential.
Get A Free Sample On The Manga Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9812&type=smp
What Are The Key Trends That Influence Manga Market Share Analysis?
AI-generated manga is a key trend gaining popularity in the manga market. Authors in the manga sector are depending on AI to reduce production time and improve the readers’ experience. For instance, in March 2023, Rootport, a Japan-based manga author, released the AI version of Cyberpunk: Peach John, which includes AI-developed images created using Midjourney, an AI-based online image generator. This AI tool has decreased the completion time. An artificial intelligence (AI) tool enabled the automatic creation of a full-color manga from scratch. The tool allows creators to input keywords and a basic plotline to generate a complete manga.
Which Market Players Are Driving Growth In The Manga Market?
Major companies operating in the manga market report are 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., Good Smile Company Inc., Futubasha Publishers Ltd., Digital Manga Inc., Seven Seas Entertainment Inc., Hitotsubashi Group, Nihon Bungeisha Co Ltd., Gangan Comics, Ichijinsha Inc., Sun Comics, Nippan IPS Co Ltd., G-mode Co Ltd.
How Is The Global Manga Market Segmented?
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)
Read The Full Manga Market Report Here
https://www.thebusinessresearchcompany.com/report/manga-global-market-report
The Manga Global Market Report 2024 provides an overview of the mangamarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The manga market forecast analyzes manga market size, manga market share, leading competitor and their market positions.
The Table Of Content For The Manga Market Include
1. Manga Market Executive Summary
2. Manga Market Segments
3. Manga Market Size And Template Market Growth Rate
4. Key Manga Market Trends
5. Major Manga Market Drivers
……
25. Key Mergers And Acquisitions In The Manga Market
26. Top Manga Companies
27. Manga Market Opportunities And Strategies
28. Manga Market, Conclusions And Recommendations
29. Appendix
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model