PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1533827
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1533827
Global Manga Market to Reach US$42.0 Billion by 2030
The global market for Manga estimated at US$14.7 Billion in the year 2023, is expected to reach US$42.0 Billion by 2030, growing at a CAGR of 16.1% over the analysis period 2023-2030. Digital Manga Content, one of the segments analyzed in the report, is expected to record a 16.6% CAGR and reach US$29.8 Billion by the end of the analysis period. Growth in the Printed Manga Content segment is estimated at 15.1% CAGR over the analysis period.
The U.S. Market is Estimated at US$3.9 Billion While China is Forecast to Grow at 15.1% CAGR
The Manga market in the U.S. is estimated at US$3.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2030 trailing a CAGR of 15.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 14.9% and 13.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR.
Global Manga Market - Key Trends and Drivers Summarized
Manga, a term that encompasses a wide range of Japanese comic books and graphic novels, has become a significant cultural export from Japan, influencing entertainment industries worldwide. Characterized by their detailed artwork and often serialized format, manga covers a vast array of genres and appeals to a diverse audience, including children, teenagers, and adults. The storytelling found in manga is typically immersive and layered, involving intricate plots and character development that can evolve over years or even decades. Unlike Western comics, which often focus on superhero narratives, manga includes genres such as romance, action, fantasy, horror, and slice of life, reflecting a broad spectrum of human experiences and emotions. This diversity has allowed manga to cultivate a devoted global fan base and become deeply integrated into other forms of media, such as anime (animated adaptations of manga), movies, and games, further bolstering its international appeal.
The international spread of manga has been facilitated by both digital technology and globalization. In recent years, the accessibility of manga has dramatically increased due to the rise of online platforms that legally distribute translated manga series to international audiences. This digital distribution has not only expanded the reach of manga but also provided a more immediate and interconnected fan experience. Publishers and creators have leveraged social media and manga reading apps to directly engage with readers, gather feedback, and influence ongoing series. Furthermore, the rise of manga cafés and dedicated manga libraries around the world has helped promote the culture surrounding manga reading as a communal activity, despite its often personal and solitary consumption. The adaptation of popular manga into other media, notably anime, has created a synergistic effect that boosts the popularity of the original manga, creating a feedback loop that drives demand for both media formats.
The growth in the manga market is driven by several factors, including the increased global connectivity of consumers, the influence of pop culture integration, and technological advancements in digital publishing and distribution. The ease with which fans can now access manga through digital e-readers and dedicated apps has revolutionized the industry, allowing publishers to reach a wider, more diverse audience more quickly than ever before. Cultural phenomena such as the widespread popularity of anime conventions and cosplay also play a significant role, as they celebrate manga culture and attract new fans. Moreover, collaborations between manga publishers and various entertainment sectors, such as video games and merchandise, extend the reach and impact of manga characters and stories. These collaborations not only introduce manga to wider audiences but also create new revenue streams for creators and publishers. Consequently, these dynamic elements collectively fuel the sustained growth and popularity of the manga industry, making it a pivotal segment of global entertainment.
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