Total U.S. book sales hit 788.7 million units in 2022 across all print sales a 4.5% decrease from 2021. Exposing kids to data and facts can prompt questions in children of any age. Barnes Noble Education Reports Fourth Quarter and Fiscal Year 2021 Financial Results. Accessed on June 28, 2023. Amazon controls up to 80% of all book distribution in the US, and many worry that the company has engaged in anti-competitive and even predatory practices that has left publishers racing to the bottom.. This, of course, is the coronavirus digital acceleration effect in action. so you dont have to. The popularity of print-on-demand book publishing is expected to impact market growth. Heres what we found: The U.S. publishing industry only had a CAGR of 1% in 2021. Click here to retrieve reset your password. Hard copy, printed versions are by far the best selling and most popular form of books. Read More 08 Jan Indie Bookstores See Strong Holiday Shopping Season By Emily Behnke After having 2 strong years of growth during the pandemic, sales of childrens books declined in 2022 by 9.45%. Publishers Weekly reports that print book salesrose We can expect a whole new slew of studies to help us analyze and understand this huge and continuously evolving market. This makes YA the smallest category within age groups. Here are some insights our research uncover. The book industry has experienced somewhat stable growth, and impressive growth in eBooks and audiobooks. Market overview YOY growth in book sales worldwide 2020-2021 YOY growth in book sales worldwide 2020-2021 Year-on-year book sales growth among individual booksellers in selected. An interesting decline was tracked in travel books, which were down 300,000 units over Q1 2020. grew by 700,000 units, driven by E. Lockharts. $6.18 billion compared to $4.3 billion in fiction sales,according to Penguin Random House. Native American Authors Statistics. Books Advanced Search New Releases Best Sellers & More Amazon Book Clubs Children's Books Textbooks Textbook Rentals Best Books of the Month Best Books of 2023 So Far Your Company Bookshelf 1-24 of over 50,000 results for "statistics" Overall, eBook and audiobook sales have increased by a much steeper rate than that of print. This was actually a decrease of 59.9% from 2021, which saw a total revenue of $7.93 billion. Here's where the numbers sat as of Oct. 2, 2021, versus the previous year. Statistical Report: The Average Shopping Cart Abandonment Rate Is 71.28%, The Average eCommerce Conversion Rate Is 2.58%. Unit sales of printed books in the United States from 2004 to 2022 (in millions) [Graph]. Accessed July 30, 2023. https://www.statista.com/statistics/422595/print-book-sales-usa/, The Bookseller. Year-to-date through May 28, Dav Pilkeys Cat Kid Comic Club: On Purpose was the #10 overall bestselling title on BookScan, Connor said, following on the heels of Pilkeys Dog Man: Mothering Heights, 2021s #1 overall title across the entire book market. Arrives in , , by Today In 2023, the childrens book market in the US is projected to reach $2.62 billion. US First-Quarter 2021 Print Book Sales Grew 29 Percent A Surprisingly Strong Year of Book Sales Continues - Publishers Weekly He formerly was Associate Editor for The FutureBook at London's The Bookseller. The often-cited yet sketchy NOP World Culture Score Index is a globalsurvey that places the U.S. in The printing press was invented by Johannes Gutenberg between 1440-50 in Germany. Figures for years prior to 2021 and 2022 come from earlier reports. Industry Report has got you covered. [2022 Statistics], https://www.statista.com/topics/1177/book-market/. The sales of eBooks alone increased several times more than that of print. Literature and Publishing Industry Statistics, Chicken Soup for the Soul Book Series Statistics, The Berenstain Bears Book Series Statistics, The Chronicles of Narnia Book Series Statistics, Malazan Book of the Fallen Book Series Statistics, A Series of Unfortunate Events Book Series Statistics, His Dark Materials Book Series Statistics, Childrens nonfiction sales (million copies), Childrens fiction sales (million copies). 7 Publishing Insights Revealed By Last Year's Top 100 Bestselling Books McLeans report shows adult nonfiction print books selling at a rate of 24 percent higher than in the previous years first quarter, with 82 million units sold16 million more than were sold in 2020s first quarter. PUBLISHERS WEEKLY and the PW Logo are registered trademarks of PWxyz, LLC. Having sold more than 600 million copies worldwide, [12] Harry Potter by J. K. Rowling is the best-selling book series in history. In October 2021, eBook revenue reached $84 million (AAP). Our analysts spend hundreds of hours poring over statistics and trends (Connors data showed print book sales at 687 million in 2017, 703 million in 2018, and 701 million in 2019. Get in touch to collaborate on new research projects or with requests for interviews. Sales Are Up Nearly 9% For Print BooksBut Who's Reading Them? - Forbes general nonfiction, up 600,000 units and led by, was up 2 million units in Q1, driven by Christian life and biblical studies subjects, grew by 2 million units, led by the subject of poetry and driven, the work read by Amanda Gorman at the inauguration of Joe Biden. For a talk during the recent Childrens Institute called Understanding Trends in the Kids Book Market, Connor reviewed BookScan analytics and put data points in perspective. Publishing Market Share, Growth 2021 Global Industry Size, CAGR of 1%, Future Trends, Growth Key Factors, Demand, Sales and Income, Manufacture Players, and Forecast 2025. Accessed on June 28, 2023. They shot to 757 million in 2020 and 827 million in 2021. Source: Statista. Now its released streaming licenses that are competing head-to-head with major players like Disney.. The growth rate of the book publishing industry is somewhat lower than other aspects of the overall book industry. In News by Porter AndersonAugust 11, 2021. Number of Academic Papers Published Per Year. A typical self-published, print-on-demand book sells. 66% of college students say they have avoided buying class materials because of steep prices. As soon as this statistic is updated, you will immediately be notified via e-mail. The super-category of juvenile nonfiction, she says, ended 2020 with unit sales that were 23-percent higher than the previous year. Reading is fundamental and the latest book reading statistics in the world bear this out. Young adult nonfiction sold 4,316 units, an 8.3% increase over last year. In the U.S, the best-selling book of 2022 was It Ends with Us by Colleen Hoover. A look at US book sales statistics by year and book sales figures by year shows how sales have dipped. Science fiction and fantasy accounts for 20% of YA sales, LGBTQ+ titles are all up, and trauma-informed YA titles like Kathleen Glasgows 2016 novel Girl in Pieces are benefiting from BookTok attention, Connor said. For the first half of 2019, individual unit book sales were down from 2018, when a total of about 675 million print books were sold in the US. Audiobooks are the biggest book industry trend for the last 7 years. As a Premium user you get access to background information and details about the release of this statistic. . From there, bookstores sold them to readersor returned the ones they couldn't selland publishers tracked sales through physical inventory. While unit sales are 2 million units (5 percent) lower . 4 million new books were published in 2022. The Official Wings of Fire Coloring Book, published in April, is getting lots of love from Sutherland fans. NEW YORK, April 26, 2022 /PRNewswire/ -- The Interactive Children's Books Market value is set to grow by USD 590.23 million, progressing at a CAGR of 4.53% from 2020 to 2025, as per the. Romance novels enjoy an audience of voracious readers; they buy a lot of books and they read a lot! By Porter Anderson, Editor-in-Chief | @Porter_Anderson. Childrens board books sold 49,820 units last year, a 13.2% increase over last year. Scroll down to view last year's statistics, or provide your details to unlock more recent data. Ebook Industry News Feed: News from the world of digital books No, books are not a dying industry. U.S. print book sales 2022 | Statista Reading comedic fiction increases your empathy toward others. More from us on industry statistics ishere. Revenues for adult non-fiction have rapidly risen . Sales of audiobooks are skyrocketing in recent years! The AAP StatShot report on US book sales in 2020 reveals a strong year for trade books, up almost 10 percent, but there were revenue declines in K-12 and higher education materials. In fact, despite making up only 10% of book sales, audiobooks are the fastest-growing book type in the industry. But that doesnt mean more people were reading. Decrease mental decline in the elderly by, Senior citizens in the UK spend an average of. Learn more about how Statista can support your business. Anderson was for more than a decade a senior producer and anchor with CNN.com, CNN International, and CNN USA. Juvenile nonfiction in the American market ran 23-percent higher in 2020 than in 2019, says NPDs Kristen McLean in a focused look at the sector. (According to Connor, Kids digital audio sales declined 15% over 2020, but are up 12% over 2019s pre-pandemic benchmark.), Series account for two out of every three kids books sold, Connor said, even though series as a whole are down 6%. She flagged the My Little Golden Book About series, which features biographies of icons Ruth Bader Ginsburg, Betty White, and Dolly Parton. Children s Books Sales Market Report - Dataintelo Readers stepped up in 2021, with avid readers significantly increasing their literary intake. In the first half of 2022, the best-selling frontlist children's book in the United States was 'Oh, the Places You'll Go!' by Dr. Seuss, with 482.35 thousand copies sold. Audiobooks have also grown immensely in popularity since their conception in 1932. Amazon remains guarded about its exact book sales statistics, but from what we could find: Readers of all ages love a good story, especially if its true! Many points about buying patterns in print are nested in the market results described here. April 2020 posted the highest year-over-year unit gains, NPD writes, when 5.2 million more ebooks were sold compared to 2019. The largest growth driver in young adult was the #BookTok hashtag on TikTok, a platform thats influencing book sales in an unprecedented way. 34% share of the publishing industry. Think about content for kids. All of these statistics for book sales, facts, and trends can be easily summed up with the following conclusions: With over 675 million books printed last year, booming audiobook sales, and a burgeoning market share for independent writers, the publishing industry is going strong. Print Book Sales Growth Rate Since the Start of the Pandemic. In addition, there was an increasing desire among American families for words of comfort and understanding. No doubt, the book industry struggles to compete with other mediums. 23 Gripping Book Industry Statistics [2023]: How Many Books Were These are backlist titles that saw a sales boost following #BookTok posts, McLeans discussion tells us. However, as restrictions lifted and shoppers returned to bookstores, e-book sales returned to more moderate levels. After having 2 strong years of growth during the pandemic, sales of children's books declined in 2022 by 9.45%. Adult fiction, the largest ebook category, represented nearly 60 percent of the ebook market and sold 103 million units in the pandemic year 2020, growing 6 million units compared to 2019. by Delia Owens was the top selling adult fiction ebook of the year for a second year, followed by. The largest growth driver in young adult was the #BookTok hashtag on TikTok, a platform thats influencing book sales in an unprecedented way. Asian Authors Statistics. Provide your details to unlock more recent data. Poetry was always a slow-selling book category until the rise of social media. Accordingto Pew Research, oneof the prime reasons children in the United States hover near the middle of the pack in global literacy skills is that there are not enough adult readers enkindling that love of words in the next generation. 11% of college students have skipped meals in order to buy course materials. Overall, digital markets are seeing the most growth, even though eBooks and audiobooks combined only makeup 19% of the market. Among childrens books generally, people are buying fiction titles about emotions and prejudice, and nonfiction in the categories of biography and diversity. Audible is the most popular audiobook website. However, $10.60 also marks a slight increase from 2021, when net revenue was under $10 billion. This was a sharp 175% increase over 2020, likely due to the pandemic and the increased presence of technology. Textbook Usage in the United States: the Case of U.S. History. Accessed on June 28, 2023. Five Years' StatShot Annual Reports As many of our readers know, the StatShot Annual Report incorporates "a unique methodology that combines annual data submitted by publishers and distributors, along with market modeling, to estimate the total volume of the United States' publishing industry." He is Editor-in-Chief of Publishing Perspectives. Children's books sales revenue in the U.S. 2011-2014, by format The pandemic made the digital format more desirable, McLean reports, as its a germ-free experience and ebooks can be acquired instantly at home when downloaded. What is the growth rate of the book publishing industry? On Tuesday, a Florida babysitter said she forgot a 10 . Reading proficiency scores for American high school students havent improved since the 1970s. Of the $26 billion in revenue made last year, $22.6 billion came from print books, while only $2.04 billion came from eBooks. This is an often overlooked aspect of reading. All rights reserved. December 20, 2022 Business Book Sales Statistics December 20, 2022 by Dean Talbot Approximately 80.64 million business and economics category print books were sold in 2021. Children's book publishing revenue in the U.S. | Statista Berrett-Koehler Publishers. Juvenile fiction sold 201,868 units, a 9.6% increase over last year. First-through-fifth graders werent the only young students reading more in 2020. Reading keeps you out of jail. Looking at current trends can help you set realistic goals for the future. January 9, 2023. One fact read by a third-grade child can spark a lifelong love of education! The works of J.D. As of May 2022, Young Readers (ages 48) account for 43% of sales this year, down 6%. 2016-2023 MARKINBLOG | All rights reserved. https://www.theverge.com/2014/6/4/5780644/harvard- https://artradarjournal.com/2022/03/02/what-did-bi https://www.openculture.com/2013/03/mark_twain_wro https://www.businesswire.com/news/home/20210413005 https://www.grandviewresearch.com/press-release/gl https://www.ibisworld.com/global/market-research-r https://publishdrive.com/2021-book-market-report-b https://www.pewresearch.org/fact-tank/2021/09/21/w https://www.wipo.int/edocs/pubdocs/en/wipo_ipa_pil https://www.pewresearch.org/fact-tank/2017/02/15/u https://www.bls.gov/news.release/atus.nr0.htm. Growth was led by juvenile fiction, up 40 percent, or 16 million units in the first quarter of this year. Be the first to rate this post. More from us on industry statistics ishere. Audiobook industry size in the U.S. 2018-2022, Audiobook listeners in the U.S. 2021, by age group, Best-selling print books in the U.S. 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. A statisticon reading from Gallup suggestsreading is losing popularity as an American pastime. Sound of Freedom passed the $100m mark. Who's really watching the movie? Religious Books Sales Statistics. eBook readers spend between $19 and $25 each year on eBooks. At worst, book sales have only increased in value by 1.4%, but at best, print sales have seen 8.2% growth, and eBook and audiobook sales have seen over 12% growth. Reader statistics show that readers are healthier in both body and mind. Global audiobooks revenue (subscriptions to digital audiobook services and single purchases combined) was estimated to be at, Between 2010 and 2020 the number of audiobooks published increased from approximately, Smartphones are the most popular devices for listening to audiobooks, Literature and fiction is the leading audiobook genre in the US, Audiobook listeners listened to an average of. book industry statistics facts., The 10 Awful Truths about Book Publishing., Book Publishing in the US Employment Statistics 20052027., Physical books still outsell e-books and heres why., APA Cites 12-Percent 2020 US Audiobook Revenue Growth., Audiobook Trends and Statistics for 2020., Textbook Usage in the United States: the Case of U.S. History., Barnes Noble Education Reports Fourth Quarter and Fiscal Year 2021 Financial Results., A Year for the (Record) Books in Publishing. On the other hand, Pew found that 30% of American adults read at least one e-book in 2021, up 5 percentage points from the previous year. Word of mouth is boosting YA sales in particular. People simply had more free time to read. "Unit sales of printed books in the United States from 2004 to 2022 (in millions)." Business Book Sales Statistics - WordsRated Likely due to the COVID-19 Pandemic, the digital publishing market is estimated to grow much more than the overall industry. How many books are sold in the US each year? Good E Reader. Book Sales Statistics. And reached sales of $940 million, with a growth rate of 24.5%. Last year, romance novels raked in All of this information means that between e-readers, tablets, household computers (not to mention the 265.9 million smartphones in the US), and widely available internet access digital books and audiobooks have become a normal way to enjoy books. The author, who died in 2010, was highly involved in the presentation of his works, prohibiting illustrations of characters on most book covers to avoid biasing readers toward a particular interpretation of his writing. Being quarantined indoors had people looking to the old stand-by Reading vs.
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