PUBLISHER: IMARC | PRODUCT CODE: 1636353
PUBLISHER: IMARC | PRODUCT CODE: 1636353
The global consumer book publishing market size reached USD 70.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 76.0 Billion by 2033. The increasing traction of reading, rising number of self-publishing platforms, and the integration of advanced technologies represent some of the key factors driving the market.
Consumer book publishing is the process of producing and distributing books that are intended for the public. It comprises various steps, including idea generation, writing, editing, designing, layout, printing, and distribution. It offers economic benefits to authors, publishers, and others involved in the process. At present, several consumer book publishers are offering digital subscriptions that allow users to access a variety of e-books and digital copies of paper books. Besides this, the emerging trend of audiobooks among listeners, as these books are convenient and accessible and can be heard on various devices, such as smartphones, tablets, and speakers, which is catalyzing the demand for consumer book publishing across the globe.
The increasing number of libraries and the rising traction of reading among the masses represent one of the major factors driving the demand for consumer books around the world. Moreover, the growing adoption of electronic reading devices, like e-readers that provide free e-books, involving fiction, classics, and reference texts to enhance the reading experience of the reader, is influencing the market positively. In addition, the increasing number of self-publishing platforms that help authors publish and distribute their books is favoring the market growth. Apart from this, key players operating worldwide are introducing print-on-demand technology that enables books to be printed and shipped to customers instantly. Furthermore, there is an increase in the integration of artificial intelligence (AI), cloud computing, augmented reality (AR), virtual reality (VR), and 3D printing technology in consumer book publishing to improve the efficiency of the process. These advanced technologies enable publishers to store and access digital files remotely and make it easier to collaborate and share files with team members and partners. They are also used to create an immersive reading experience for consumers by creating interactive book covers that can be scanned through smartphones. This, coupled with the incorporation of digital asset management (DAM) systems and content management systems (CMS) to store, organize, and manage multiple digital files that are involved in the process, such as text files, images, audio, and video, is creating a positive outlook for the market.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.