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OverviewAPI
Book market statistics reveal a $132.4bn industry size in 2023, with projected growth of 0.2% over the next five years. The pandemic disrupted supply chains, leading to the closure of physical bookstores and the shift to online retail. Fiction and nonfiction books continue to dominate revenue, while social media enhances sales. North Asia, known for its rich literary history, is a significant market for books. Major players in the industry include Bertelsmann SE & Co. KGaA, Pearson Education Inc., HarperCollins Publishers LLC, Thomson Reuters Corporation, and Wolters Kluwer NV.

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