Holy revenue: Competition from e-readers will stifle growth rising from a recovering economy
IBISWorld’s Religious Book Publishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
Industry Analysis & Industry Trends
The Religious Book Publishing industry suffered when consumers lost faith in the economy and thus dialed back on their expenses. However, the downturn is expected to reverse as revenue starts to gain back some of its losses through 2018. During the next five years, more consumers will purchase e-readers, thus hindering growth as printed books are in less demand.... purchase to read more
Industry Report - Industry Products Chapter
The nonfiction category accounts for the majority of industry revenue at an estimated 45.7%. This category's dominance is primarily indicative of the array of religious publications that are included in it. Nonfiction religious books include autobiographies, biographies, general interest books, self-help books and spirituality books. This product segment has grown in scope as publishers have added more genres of books to their repertoire to drive demand for religious publications and mitigate stagnating growth in other product segments. IBISWorld estimates that spirituality and self-help books are the most important publications in this product segment as these types of books are easily integrated with religious themes... purchase to read more
What is the Religious Book Publishing Industry?
The Religious Book Publishing industry carries out the design, editing and marketing activities necessary for producing and distributing books of a religious nature. These establishments may publish books in print, electronic or audio form. Online-only publishing is excluded (see IBISWorld report OD4579, the E-book Publishing industry).
FictionNonfictionPrimary religious textsReference and academicChildren
Publishing primary religious textsPublishing children's religious booksPublishing religious fictionPublishing religious nonfictionPublishing religious reference and academic booksPublishing primary religious textsPublishing children's religious booksPublishing religious fictionPublishing religious nonfictionPublishing religious reference and academic books