As both digital media and printing technologies continue to emerge and. Industry growth is expected to come in large part from india, driven by the countrys expanding middle class. New trends 2016 were delighted to report that, on tuesday 6th september 2016, bics new trends in publishing seminar took place at the beautiful stationers hall, london a great space to contemplate the future of the book industry and network with colleagues and other bic members. Over the years, the book industry has remained a massive, greatly influential global consumer market.
If wellness retreats, bucket list travels, and group tours were the flavors of travel in 2016, then we are set to experience some new travel trends in the coming year. Author earnings estimates amazons ebook sales grew by 4 percent in 2016. The majority of adult fiction sales in 2016 were still in the form of ebooks, yet the trends seem to point to a decline, at least in the short term. Rentals, it turned out, were only one of many textbook industry trends upending traditional publishers, from new digital competitors to openlicense textbook initiatives. New trends in publishing 2016 book industry communication.
One 2016 survey of book buyers found that ebooks, as a share of total book purchases, fell by 35. The soldier is told to guard a certain hill and to keep it at all costs. The first quarter of 20 shows more women and older consumers buying books, continued growth for ebooks, and more ipads being used for ebook downloads. Despite an overall drop, the numbers show promise for an industry that many. A publishers association report succinctly captured the reason for this trend. Ten years ago, ebooks accounted for less than 1% of the trade book market. We reached out to some of our industry friends for their thoughts on the key developments in the book market in 2017. Publishing trends is an incisive monthly newsletter that provides news and opinion on the rapidly changing world of book publishing in all its forms. Theres more than ever to read and people are reading more books than ever. Amazon steps up its battle with the book industry the. Even though this is the only chapter book published domestically so far, we hope more korean chapter books are translated and available for u. Bic new trends in publishing seminar new trends 2016. Popular social trends books meet your next favorite book. Readers take a pleasure in a physical book that does not translate well on to digital.
Cracking the code to building a responsive email list and why youd want to. Industry news about the publishing industry, print and ebooks, publishers, book deals, publishing jobs, book fairs and trade shows, and book marketing. It is a nonprofit and nongovernmental organization, founded in 1896 to promote and protect publishing and to raise awareness for publishing in the context of economic. One of the biggest trends of 2016 was the lack of innovation and risk in the audiobook industry. Book industry statistics from 2011 57 books are purchased per second almost 5 million books per day 6% of the book market account for e book sales. The book industry is going through a major change of distribution. From being a traditionally publishertoretailertocustomer chain, new platforms of distribution have appeared on the market.
The publishing keeps tightening its grip on the old way of doing things and insisting its still working. The best childrens books of 2018 the best childrens books of 2017 the best childrens books of 2016 the best childrens books of. Besides the us, major countries for book sales include china, germany, and the uk. Audiobook trends for 2016 the audiobook industry is growing at the same rate as ebooks did from 2011 to 20. Zafar anjum may 2, 2016 book, book trade, publishing 18 must know facts about the indian publishing industry indias print book marketwhich grew at a rate of 20. Native advertising trends 2016 the magazine industry. We use the american association of publishers data to take the pulse of the overall book market, and ereading in particular. In regards to age of book readers in the country, a 2016 survey shows about 80 percent of. While these universally revered and reviled figures made the most headlines, some of the more interesting pop culture trends were less intrusive on the public consciousness. The international publishers association ipa and the world intellectual property organization wipo joined forces to pilot a new survey of global publishing activity in 2016. Native advertising is one of the hottest topics in the publishing industry today. For a more indepth look at email marketing and list building, ive created this free guide to help you with the why and the how of building a list of engaged and supportive readers. It economics facilitates our understanding of the wellbeing of societies and the challenges they face.
Indias print book market which grew at a rate of 20. As a percentage of total us digital ad spending, media will hover around 5. How little things can make a big difference by malcolm gladwell, the elephant tree by r. Whether data or industry commentary, we hope these 5 links will be a simple way to keep you in the know. James canton identifies probable outcomes and future trends in business, technology, environment, terrorism, population, and medicine to help companies and individuals prepare for the coming complex and volatile global changes. University of pennsylvania scholarlycommons departmental papers nelc department of near eastern languages and civilizations nelc 1975 new trends in folklore. Hosted by susan maguire, senior editor for collection management and library outreach, booklists shelf care will bring all things readers advisory, collection development, and reference right to your earbuds. Npd bookscan is the gold standard in pos tracking for the publishing market. Jane friedman has over 15 years experience in the book and magazine publishing industry, with expertise in digital media and the future of authorship. As a result, most of the sectors major players reported substantial declines in sales and revenue for 2016, leading many of them to reorganize operations and lay off staff. The internet has been a revolution for digitalizing the entertainment industry such as music, film and, this reports subject, the book industry. When it comes to book statistics, adult nonfiction showed the largest growth with a 5. Related, because its never too late to pick up a great childrens book.
Notable trends from 2012 include ecommerce taking the lead as the largest channel for book sales, growth in the ebooks category, and paperbacks remaining the most popular format for readers. Book industry statistics from 2011 57 books are purchased per second almost 5 million books per day 6% of the book market account for ebook sales. In hong kongs book industry, everybody is scared this article is more than 3 years old hong kong used to be a place of relatively free speech in. Most companies operating in this space were in a holding pattern, focusing on growth, instead of. Growth rates will begin to slow starting in 2016 and taper off to 9. She teaches publishing at the university of virginia. The worlds top book fairs many countries have at least one book fair that serves as a rights marketplace on a national. Paper is popular, science fiction rises, longform nonfiction dips originally published january 10, 2016 at 7. India is the sixthlargest book market in the world, and currently the second largest for books in english, behind the united states. Media, entertainment marketers ramp up digital efforts. The book is created and illustrated by chad sell, with writing from 10 different authors who all explore the power of imagination. Folklore research inspired by sociolinguistics and concentrating on performance has been one of the most obvious trends since the 1970s.
She is the publisher of the hot sheet, the essential newsletter on the publishing industry for authors, and was named publishing commentator of the year by digital book world in 2019 in addition to being a columnist for publishers weekly. Trends in consumer book buying infographic news for. A renowned global futurist prepares businesses and individuals for the radical changes on the horizon an advisor to three presidents spanning over thirty years, dr. Contrary to the belief that ebooks are taking over the world, print and the written word are most decidedly not dead yet. Five key trends in the book market news for authors. Here are 10 trends shaping your future as a writer andor publisher. From the controversy of donald trump to the style influence of the kardashians, the top 2016 pop culture trends were anything but conventional. Younger readers in particular said they were moving away from digital formats, instead. In total, 35 national publishers associations and authorities responded to the survey. The international publishers association ipa is an international publishing industry federation of national publisher associations representing book and journal publishing. Book sales have risen strongly since 2008, not coincidentally since ebooks came on the scene.
Some of it is an educated guess based on certain trends we see in the industry and in society at large. Verizon 2016 data breach investigations report 6 breach trends playing a part on the blue team in information security can, to a very small degree, be compared to the lot of a hapless soldier. This octobers data revealed that trade publishing revenue book publishing excluding education was down slightly. Publishing trends news, opinions, and stats in the. In fact, in 2016 ebook sales fell for the second year in a row as printed book sales increased. Book industry trends, statistics and analysis the trends for the book industry are covered while outlining the size, outlook, market share, sales, value and revenue growth of the industry. Demographic trends support the high growth rate of the. So bear with me as i tinker with some of the things that are either influencing trends or are trends within themselves. What are the book industry trends you need to pay attention to. Finally, last year, a powerful book demands attention was published as the first chapter book for young readers in the u. The book industry isnt dying, its thriving with an ebook.
The future of books as technology has disrupted and transformed the book market, publishers are forced to rethink their strategies and technology investments. Technological innovations are changing business models that affect how publishing content is produced, distributed, and consumed. Largest cultural industry in europe in feature articles by porter anderson march 31, 2017 producing as many as 575,000 new titles in 2015and directly employing more than 150,000 peoplethe highly varied publishing industries of europe come together in a new report. Traditional publishers are losing ebook market share to the nontraditional market of indie authors, small presses, and amazons own house imprints.
Recently released pew research center data shows that 72 percent of americans have read, or at least partially read, a book in the last twelve months. The state of the publishing industry in 5 charts jane. It covers approximately 85 percent of trade print books sold in the u. Although the figures represent a dip from last year, this figure is still in line, statistically speaking, with polls since 2011. Any exercise in naming these trends bears the risk of expressing the obvious or being out of date the moment they are stated. Among entertainment products, book publishing is clearly the largest industry, equalling roughly three times the turnover of the global music industry, and almost 14% more than the value of global movies and entertainment.