Industry Background:
Children's book products involve different types or genres of books. These can be either online or offline. Moreover, the book products are categorized by various genres in terms of sales. For example, it is seen that the children's books products, print outstrips e-books account for just 9% of all fiction and 1% of all nonfiction sales in the category. Among the products of the book market for children, the consumption of physical books is rising the market demand among the children. Owing to increasing the benefits of inculcating reading habits from an early age is driving the market dynamics. The developing reading habits in children at an early age helps them to improve their creativity, vocabulary, and overall productivity. Furthermore, it also has a positive impact on the child's performance at school.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD N) |
Key Companies Profiled | Pearson (United Kingdom), Reed Elsevier (United Kingdom), ThomsonReuters (Canada), Wolters Kluwer (Netherlands), Random House (United States), Hachette Livre (France), Grupo Planeta (Spain), McGraw-Hill Education (United States), Holtzbrinck (United States), Scholastic (corp.) (United States), Cengage (United States), John Wiley & Sons, Inc. (United States), De Agostini Publishing Italia S.p.A (Italy), Shueisha (Japan) and Kodansha Advanced Media (Japan) |
This growth is primarily driven by Wide Range of Reading Abilities among Preteens and Tweens, Middle-Grade Novels.
Globally, a noticeable market trend is evident Visual-Environment is one of The Hottest Content Trends
Major Vendors, such as Pearson (United Kingdom), Reed Elsevier (United Kingdom), ThomsonReuters (Canada), Wolters Kluwer (Netherlands), Random House (United States), Hachette Livre (France), Grupo Planeta (Spain), McGraw-Hill Education (United States), Holtzbrinck (United States), Scholastic (corp.) (United States), Cengage (United States), John Wiley & Sons, Inc. (United States), De Agostini Publishing Italia S.p.A (Italy), Shueisha (Japan) and Kodansha Advanced Media (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In December 2021, Penguin Random House to Release' Brave Bunnies' Books in 2022. Glowberry, the creator of the kids' series "Brave Bunnies" and Big Picture Licensing, its exclusive licensing agent, has announced the signing of Penguin Random House as a strategic multi-territory licensee joining DeA Planeta Libri as publishing partners. The first project is a series of books about the Brave Bunnies & their friends.
In June 2023, Random House Children's Books acquired Boxcar Children Rights from Albert Whitman & Company. Boxcar Children has a longstanding history of entertaining and inspiring children across generations and sold more than 80 million books across the globe. The acquisition will help Random House Children's Books for the growth and development of its parent company, Penguin Random House.
Influencing Trend:
Visual-Environment is one of The Hottest Content Trends and Availability of E-books
Market Growth Drivers:
Wide Range of Reading Abilities among Preteens and Tweens, Middle-Grade Novels
Challenges:
Writing picture books today is not easy, they must hoot, and boom, and whistle.
Restraints:
Fluctuation in the Prices of Raw Materials and Growing Piracy Issue
Opportunities:
Adoption of Different Distribution Channels That Are Unique For Publishing
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Children Picture Book Market
- Analysis about New Entrants in Children Picture Book Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Children Picture Book Study Sheds Light on
The Children Picture Book Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Children Picture Book industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Children Picture Book industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.