PUBLISHER: Allied Market Research | PRODUCT CODE: 1344381
PUBLISHER: Allied Market Research | PRODUCT CODE: 1344381
According to a new report published by Allied Market Research, titled, "Comic Book Market," The comic book market was valued at $15.5 billion in 2022, and is estimated to reach $26.9 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032.
Consumers now have new chances to learn about, access, and interact with comic books because of the simple availability of comics via online channels. No matter where they are geographically, these platforms give readers quick and simple access to a large selection of titles, enabling them to read comics whenever and wherever they want. Multi-platform synchronization is a feature that many digital comics systems offer, enabling readers to start reading on one device and seamlessly continue on another. The ease and accessibility of viewing comics online are improved by this tool. There are numerous digital comics services and retailers that offer offline reading. Reading offline comics on the fly is easy since customers may store comics on their devices and read them without connecting to the internet. Access to a sizable collection of comics is available through membership services like Marvel Unlimited and DC Universe Infinite for a monthly or yearly fee. With these services, readers may browse and discover new stories and characters without having to make one-time purchases. They also get unrestricted access to a wide range of publications. Comic book creators frequently share their work on social networking sites and webcomics. Authors can directly upload their comics on websites like Instagram, Twitter, and Tapas, making them instantly accessible to a global audience. The ability for readers to follow and engage with the work of the authors in real time helps to increase consumer demand for comic books, especially online.
Owners of comic books, both collectors and fans, frequently struggle with storage concerns. The number of comic books can quickly increase, especially for avid collectors. It might be challenging to find the physical storage space needed to house a sizable collection of individual comic books and graphic novels, especially for persons with limited living or storage space. Maintaining the condition and worth of comic books requires appropriate storage. Collectors frequently use protection methods such comic book containers, backing panels, and acid-free boxes to shield their collections from potential harm such as dampness, dirt, sunlight, and other factors. However, these storage options and protective gear can take up a lot of space. Investing in and maintaining storage options may increase the overall cost of genuine comic book collection. Collectors might think about spending money on safeguarding supplies, storage containers, display cases, and other relevant costs. Collections of comic books can persist for many years or even decades. Vintage or more expensive comic books may need additional protection, such as climate-controlled environments, to prevent depreciation and deterioration over time. Long-term storage issues could make it harder to manage and organize collections, which could hurt the comic book market.
Box sets and special edition manga and comics are becoming more common in the comic book industry. These goods offer unique and alluring options for collections to collectors and enthusiasts. To collect and package complete comic book storylines, series, or runs in a single, practical box, box sets are frequently employed. This enables readers to take in the entirety of a continuing narrative or a sizable chunk of an entire series without needing to buy individual books or volumes. Special editions are typically made with the best materials and enhanced packaging to offer an aesthetically beautiful and sumptuous product. Examples of this include hardcover versions, slipcases, textured covers, foil engraving, and other eye-catching design features that set the edition apart. Additionally, box sets and special editions frequently offer extra content that enhances the reading experience overall and adds value. Concept art, behind-the-scenes film, artist interviews, alternate covers, posters, and special goods like figurines or artwork prints can all be found here. Additionally, some box sets and special editions include limited print runs or different covers created especially for the publication. Such limited runs and variants can appeal to collectors while also giving a sense of exclusivity. Such special edition and collector edition comic book boxes have the potential to greatly accelerate market expansion in the future.
The comic book market is divided by type, end user, distribution channel, and region. By type, the market is divided into physical comics and digital comics. By end user, the market is divided into children and adults. According to the distribution channel, the market is divided into supermarkets and hypermarkets, specialty stores, bookstores, and online channels. By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and the Rest of LAMEA).
Some of the major players analyzed in this report are: Amar Chitra Katha Media Pvt. Ltd., Archie Comic Publications, Inc., Daewon Media Co., Ltd., Embracer Group, Kodansha LTD., Shogakukan Co., Ltd., Square Enix Holdings Co., LTD., The Walt Disney Company, Titan Publishing Group Ltd., and Warner Bros. Discovery, Inc.