Industry Analysis & Industry Trends
The Spanish-Language Book Publishing industry has suffered along with the greater print media sector, but has benefited in recent years from economic recovery. Due to mounting pressure from both imports and alternate sources of media, the Spanish-Language Book Publishing industry will continue to face significant challenges in the five years to 2020. Changes in the Hispanic demographic are expected to heighten competition from English publications, while the increasing popularity of e-books will likely force industry players to diversify to remain competitive in the book-publishing sector. The rising number of immigrants and share of the Hispanic population in the United States, however, will keep the industry afloat.... purchase to read more
Industry Report - Starting a New Business Chapter
The industry's major barriers to entry include the costs of recruiting authors; purchasing paper, printing and printers; developing distribution channels and marketing. While most activities can be outsourced, revenue is never guaranteed, and the costs typically recur for each book published.
Established book publishing businesses streamline operations on a regular basis, cutting their production costs. This factor allows established publishers to offer books at much lower prices. There are higher barriers in the education book-publishing market due to the importance of brand names, relatively high upfront investment in the textbook creation process and increasing pressure from the market for add-on products... purchase to read more