Fiction Books Global Market Report 2024

Description

“Fiction Books Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on fiction books market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for fiction books? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The fiction books market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type of Fiction: Short Story; Novella; Novel
2) By Type of Book: Physical Book; E- Book; Audio Book
3) By Genre: Action And Adventure; Young Adult; Crime/Mystery; Drama; Horror/Paranormal/Ghost; Science Fiction; Other Genres
4) By End-User: Children; Young Adults; Adults
Companies Mentioned: Penguin Random House LLC; Hachette Livre; HarperCollins Publishers LLC; Macmillan Publishers; Simon & Schuster Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Fiction encompasses various forms of imaginative literature, typically characterized by storytelling.

The primary categories of fiction literature include short stories, novellas, and novels. Novellas are shorter than full-length novels but longer than short stories, offering a unique narrative experience. Fiction books can be found in physical book format, electronic e-books, or as audiobooks, and they cover a wide range of genres, including action and adventure, young adult, crime/mystery, drama, horror/paranormal/ghost, science fiction, and various other genres. These works of fiction cater to readers of different age groups, including children, young adults, and adults.

The fiction books market research report is one of a series of new reports from The Business Research Company that provides fiction books market statistics, including fiction books industry global market size, regional shares, competitors with a fiction books market share, detailed fiction books market segments, market trends and opportunities, and any further data you may need to thrive in the fiction books industry. This fiction books market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fiction books market size has grown steadily in recent years. It will grow from $10.81 billion in 2023 to $11.05 billion in 2024 at a compound annual growth rate (CAGR) of 2.2%. The growth observed in the historic period can be attributed to several factors, including the expansion of the publishing industry, increased demand from readers, the influence of literary awards and recognition, the advent of digital publishing, and the adaptation of fiction works into various media forms.

The fiction books market size is expected to see steady growth in the next few years. It will grow to $12.01 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The projected growth in the forecast period can be linked to various factors, including a focus on diversity and inclusivity in fiction, the provision of personalized reading recommendations, the emergence of independent and self-published authors, increased global reach in the publishing industry, and a growing emphasis on sustainability and eco-friendly publishing practices. Prominent trends in the forecast period encompass genre blending, the popularity of short fiction and anthologies, virtual book events, the rise of book subscription services, and the development of interactive and immersive reading formats.

The fiction books market is expected to experience growth, driven by the increasing sales of books through online channels. The growing number of active internet users has provided companies with the opportunity to reach a wide customer base. Notably, in August 2022, digital book sales in the US saw a 2.7% increase, generating over $90.7 million in e-book sales, as reported by the Association of American Publishers. The preference for online book purchases is driven by the extensive selection, cost savings through discounts and offers, and the convenience of shopping from any location at any time. Consequently, online book shopping is a significant factor boosting the fiction book market.

The changes in people's reading habits are expected to impede the growth of the fiction books market. A shift in preferences towards alternative forms of entertainment, such as videos, streaming platforms, gaming, and television, has led to a decline in book reading and increased time spent on other activities. For example, nearly 80% of individuals in the USA have subscribed to at least one paid online streaming video service, as revealed in the Digital media trends survey, 14th edition. This shift toward online streaming platforms has diminished interest in reading books, posing a challenge to the growth of the fictional books market.

Major companies in the fiction book market are focusing on the development of artificial intelligence (AI) technology. AI-narrated books provide a unique literary experience by combining human creativity with machine precision. A recent example is Apple Inc.'s launch of a catalog of AI-narrated books on its Books app in January 2023. These AI-driven narrations feature a digital entity designed after a human narrator, offering potential cost and complexity reductions in audiobook production for authors and publishers. This innovation has the capacity to bring significant changes to the audiobook industry, with AI-driven narrations available for a range of genres, including fiction and romance.

To enhance accessibility and the reading experience of e-books, major companies in the fiction book market are actively pursuing strategic collaborations and partnerships. These strategic alliances benefit authors in improving their writing, gaining feedback from industry professionals, and reaching wider audiences. For instance, in May 2023, Pratilipi, an India-based online self-publishing and audiobook platform, partnered with HarperCollins Publishers LLC to introduce 200 fiction e-books on its platform. Pratilipi currently offers access to over 10 million stories, and this collaboration with HarperCollins aims to expand the platform's content library, providing readers with more high-quality choices. HarperCollins Publishers LLC is a US-based publishing company.

In December 2021, Book Depot, a bargain book distributor based in Ontario, acquired American Book Company to enhance its book distribution capabilities. This acquisition aligns with the company's growth strategy and is expected to contribute to improved book distribution services. American Book Company is a US-based bargain book shop chain and book distributor.

Major companies operating in the fiction books market include Penguin Random House LLC, Hachette Livre, HarperCollins Publishers LLC, Macmillan Publishers, Simon & Schuster Inc., Turner Publishing Company, Chronicle Books LLC, Coffee House Press Inc., Scholastic Corporation, Bloomsbury Publishing PLC, Egmont Group, Candlewick Press Inc., Nosy Crow Ltd., Chicken House Ltd., Usborne Publishing Ltd., Walker Books Ltd., Abrams Books Inc., Sourcebooks Inc., Harlequin Enterprises Limited, Kensington Publishing Corp., Entangled Publishing LLC, Bold Strokes Books Inc., Bella Books Inc., Dreamspinner Press LLC, Carina Press, Riptide Publishing, Less Than Three Press LLC, Little Brown and Company, Tor Books, Orbit, Ace Books, DAW Books, Baen Books, Angry Robot, Night Shade Books, Pyr, Subterranean Press LLC

Asia-Pacific was the largest region in the fiction books market in 2023. Middle East is expected to be the fastest-growing region in the fiction books market during the forecast period. The regions covered in the fiction books market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the fiction books market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The fiction books market consists of revenues earned by entities by carrying out design, editing, and marketing activities necessary for producing and distributing fiction books for adults. These establishments may publish books in print, electronic, or audio form. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9121

1. Executive Summary

2. Fiction Books Market Characteristics

3. Fiction Books Market Trends And Strategies

4. Fiction Books Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Fiction Books Market Size and Growth

5.1. Global Fiction Books Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Fiction Books Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Fiction Books Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Fiction Books Market Segmentation

6.1. Global Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Physical Book
E- Book
Audio Book
6.2. Global Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Short Story
Novella
Novel
6.3. Global Fiction Books Market, Segmentation By Genre, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Action And Adventure
Young Adult
Crime/Mystery
Drama
Horror/Paranormal/Ghost
Science Fiction
Other Genres
6.4. Global Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Children
Young Adults
Adults

7. Fiction Books Market Regional And Country Analysis

7.1. Global Fiction Books Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Fiction Books Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Fiction Books Market

8.1. Asia-Pacific Fiction Books Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Fiction Books Market

9.1. China Fiction Books Market Overview
9.2. China Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Fiction Books Market

10.1. India Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Fiction Books Market

11.1. Japan Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Fiction Books Market

12.1. Australia Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Fiction Books Market

13.1. Indonesia Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Fiction Books Market

14.1. South Korea Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Fiction Books Market

15.1. Western Europe Fiction Books Market Overview
15.2. Western Europe Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Fiction Books Market

16.1. UK Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Fiction Books Market

17.1. Germany Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Fiction Books Market

18.5. France Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Fiction Books Market

19.9. Italy Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Fiction Books Market

20.13. Spain Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Fiction Books Market

21.1. Eastern Europe Fiction Books Market Overview
21.2. Eastern Europe Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Fiction Books Market

22.1. Russia Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Fiction Books Market

23.1. North America Fiction Books Market Overview
23.2. North America Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Fiction Books Market

24.1. USA Fiction Books Market Overview
24.2. USA Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Fiction Books Market

25.1. Canada Fiction Books Market Overview
25.2. Canada Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Fiction Books Market

26.1. South America Fiction Books Market Overview
26.2. South America Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Fiction Books Market

27.1. Brazil Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Fiction Books Market

28.1. Middle East Fiction Books Market Overview
28.2. Middle East Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Fiction Books Market

29.1. Africa Fiction Books Market Overview
29.2. Africa Fiction Books Market, Segmentation By Type Of Book, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Fiction Books Market, Segmentation By Type Of Fiction, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Fiction Books Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Fiction Books Market Competitive Landscape And Company Profiles

30.1. Fiction Books Market Competitive Landscape
30.2. Fiction Books Market Company Profiles
- 30.2.1. HarperCollins Publishers LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Bloomsbury Publishing plc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Scholastic Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Pearson plc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. McGraw Hill LLC
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Fiction Books Market Competitive Benchmarking

32. Global Fiction Books Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Fiction Books Market

34. Fiction Books Market Future Outlook and Potential Analysis

34.1 Fiction Books Market In 2028 - Countries Offering Most New Opportunities
34.2 Fiction Books Market In 2028 - Segments Offering Most New Opportunities
34.3 Fiction Books Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer