The Non-Fiction Books Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Non-Fiction Books Global Market Report 2024, The non-fiction books market size has grown steadily in recent years. It will grow from $14.62 billion in 2023 to $15.1 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to educational curriculum, biographies and memoirs, self-help and personal development, cultural and social relevance, research and professional development.
The non-fiction books market size is expected to see steady growth in the next few years. It will grow to $16.94 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to diversity and inclusivity, science and technology advancements, mental health and wellbeing, data-driven publishing, sustainability and eco-friendly publishing. Major trends in the forecast period include narrative non-fiction, political and social commentary, multimedia and interactive content, local and niche topics, hybrid formats.
The adoption of an online sales platform is expected to propel the non-fiction books market growth during the forecast period. With the increasing adoption and access to internet services globally, the number of digital buyers keeps increasing every year. Online platforms create significant value by enabling communication and trade. Besides, these online platforms have modest operating costs. Bookstores are investing more in online sales channels with the onset of coronavirus and people staying indoors. Online bookstores have also set up a display area of books about health knowledge targeting the epidemic, with a general discount of 20% to 30%. Therefore, the volume of books being sold through online bookstores is higher than traditional bookstores.
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The non-fiction books market covered in this report is segmented –
1) By Type: eBook; Printed Book; Audio book
2) By Category: Religion; Travel; Biography; History/Law/Political Science; Business/Economics; Cooking/Entertainment; Computers; Crafts/Antiques/Hobbies/Games; Performing Arts; Other Categorie
3) By Distribution channel: Online sales; Bookstores; Direct Sales
The non-fiction books market report table of contents includes:
1. Executive Summary
2. Non-Fiction Books Market Characteristics
3. Non-Fiction Books Market Trends And Strategies
4. Non-Fiction Books Market – Macro Economic Scenario
5. Global Non-Fiction Books Market Size and Growth
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26. South America Non-Fiction Books Market
27. Brazil Non-Fiction Books Market
28. Middle East Non-Fiction Books Market
29. Africa Non-Fiction Books Market
30. Non-Fiction Books Market Competitive Landscape And Company Profiles
Top Major Players:
- HarperCollins Publishers LLC
- Bloomsbury Publishing PLC
- Scholastic Corporation
- Pearson PLC
- McGraw Hill LLC
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