Industry Analysis & Industry Trends
Book publishers experienced slow growth during the five years to 2012, and the next five years will bring more of the same. Record-high student enrollment numbers will propel demand for textbooks and trade books. However, persistent competition from the internet will pressure publishers to cut costs by using recycled materials and investing in cheaper printing technologies. Publishers will increasingly invest in e-books, which make up a small but rapidly growing portion of revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
IBISWorld estimates that the top four players account for 26.9% of revenue. This concentration level is similar to the concentration in 2008, when the top four companies generated about 28.5% of revenue. The textbook publishing segment of the industry, however, is highly concentrated. Two of the top four players have significant textbook publishing segments. These textbook segments currently generate a higher proportion of industry revenue due to growing college enrollment rates and partly because of a decrease in sales of trade, scholarly and professional books.
Many smaller publishing companies without a niche market were forced to close as a result of poor sales and a lack of investment capital during the recession... purchase to read more