Global Children And Young Adult Books Market Opportunities And Strategies For Major Players In The Children And Young Adult Books Market 2021-2030

The children and young adult books market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out the writing, editing, and marketing activities necessary for producing and distributing children and young adult books. These establishments may publish books in print, electronic, or audio form. Only goods and services traded between entities or sold to end consumers are included.

Global Children And Young Adult Books Market Size And Drivers:

The global children and young adult books market reached a value of nearly $16,878.2 million in 2020, having increased at a compound annual growth rate (CAGR) of 4.2% since 2015. The market is expected to grow from $16,878.2 million in 2020 to $21,946.3 million in 2025 at a rate of 5.4%. The growth is mainly due to the increasing screen time concerns which is expected to drive the demand for children and young adult books. The market is expected to grow from $21,946.3 million in 2025 to $26,532.3 million in 2030 at a CAGR of 3.9%. Audiobook and eBook sales are growing rapidly in established the markets of the US and Europe. Audiobooks and eBooks generated a higher share of revenues than physical print in developed markets such as the US and UK.

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Trends In The Global Children And Young Adult Books Market

Companies in the children and young adult books market are focusing on offering personalized storybooks for creating more engaging content and giving a better experience. Personalized storybooks are sold online and allow children’s names, addresses, and their likes and dislikes to be inserted into a story book, and allows the characters to look like the children. These books are liked by children because they are specially made for them and feature children or their friends and family members as story heroes. For instance, UK based Bang On Books provides personalized adventure books for kids where they become the main character. It allows customers to choose from several different stories online before customizing them with the child’s details like photographs.

Global Children And Young Adult Books Market Segments:
The global children and young adult books market is further segmented based on type, end user, distribution channel and geography.
By Type: Print Book, Ebook, Audiobook
By End-user: Children (2 to 10 years), Adolescents (11 to 17 years), Young Adults (18 to 25 years)
By Distribution Channel: Online Distribution, Offline Distribution
By Geography: The global children and young adult books market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global children and young adult books market, accounting for 34.4% of the total in 2020.

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Children And Young Adult Books Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides children and young adult books market overviews, analyzes and forecasts market size and growth for the global children and young adult books market, children and young adult books market share, children and young adult books market players, children and young adult books market segments and geographies, children and young adult books market’s leading competitors’ revenues, profiles and market shares. The children and young adult books market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.