The global fiction books market size is expected to grow from $10.01 billion in 2021 to $10.46 billion in 2022 at a compound annual growth rate (CAGR) of 4.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.81 billion in 2026 at a CAGR of 3.1%.
What is the Global Fiction Books Market?
The fiction books market consists of revenues generated by entities that carry out design, editing, and marketing activities necessary for producing and distributing fiction books for children and adults. These establishments may publish books in print, electronic, or audio form.
Get a Sample of the global fiction books market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3993&&type=smp
What drives the Global Fiction Books Market?
The sale of books through online media is anticipated to drive the fiction books market during the forecast period. The increasing number of active internet users is providing companies with an opportunity to cater to a wide number of customers. According to a Pew Research Center survey on book consumption and book formats, 191 million e-books were sold in the United States in 2020. The preference of individuals to buy books online is majorly due to the broad choice, cost savings due to offers and discounts, and convenience of buying anytime and from any location. Therefore, online shopping of books is boosting the fiction book market.
Get the full global fiction books industry report here:
https://www.thebusinessresearchcompany.com/report/fiction-books-global-market-report
Global Fiction Books Market Segments
The global fiction books market is segmented:
By Type of Fiction: Short Story, Novella, Novel
By Type of Book: Physical Book, E- Book, Audio Book
By Genre: Action and Adventure, Young Adult, Crime/Mystery, Drama, Horror/Paranormal/Ghost, Science Fiction, Others
By End-User: Children, Young Adults, Adults
By Geography: The regions covered in the fiction books market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Fiction Books Global Market Report 2022provides market size and growth forecasts for the global fiction books market, global fiction books market share, fiction books market segments and geographies, fiction books market competitive landscape including leading competitors’ revenues, profiles and market shares. The fiction books market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Fiction Books Industry Playersinclude Penguin Random House, Hachette Livre Group, HarperCollins Publishers, Macmillan Publishers, Simon & Schuster, Turner Publishing, Chronicle Books, and Coffee House Press. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
