NEW
YORK, July 4, 2024 /PRNewswire/ -- The
global comic book market size is estimated to grow by
USD 3.25 bilion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 4.6% during the forecast period. Success of
TV shows and movies based on comic books is driving
market growth, with a trend towards growing number of
partnerships in comic book market. However, growing incidents
of comic book piracy poses a challenge. Key market players
include Akita Publishing Co. Ltd., Archie Comics Publications Inc.,
DMG Entertainment Inc., Drawn and Quarterly, Dynamic Forces Inc.,
Embracer Group AB, Fantagraphics, Futabasha Co. Ltd., Hakusensha
Inc., IDW Media Holdings Inc., Image Comics Inc., Kodansha
Ltd. , Lion Forge Animation, News Corp., PANINI S P A, POP
Media Holdings, Shogakukan Co. Ltd., The Walt Disney Co., Titan
Publishing Group Ltd., and Warner Bros Discovery Inc..
![Technavio has announced its latest market research report titled Global comic book market 2024-2028 Technavio has announced its latest market research report titled Global comic book market 2024-2028](https://mma.prnewswire.com/media/2453506/IRTNTR75602_bw_info_v4.jpg)
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Type (Non-digital and
Digital), Product Type (Hard copy, E-book, and Audiobooks), and
Geography (APAC, North America, Europe, South America, and Middle
East and Africa)
|
Region
Covered
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Akita Publishing Co.
Ltd., Archie Comics Publications Inc., DMG Entertainment Inc.,
Drawn and Quarterly, Dynamic Forces Inc., Embracer Group AB,
Fantagraphics, Futabasha Co. Ltd., Hakusensha Inc., IDW Media
Holdings Inc., Image Comics Inc., Kodansha Ltd. , Lion Forge
Animation, News Corp., PANINI S P A, POP Media Holdings, Shogakukan
Co. Ltd., The Walt Disney Co., Titan Publishing Group Ltd., and
Warner Bros Discovery Inc.
|
Key Market Trends Fueling Growth
The comic book market is characterized by a high number of
vendors, leading to fragmentation. To expand their reach and
increase market shares, these companies engage in strategic
collaborations and partnerships. Notable recent examples include
Warner Bros Discovery Inc.'s alliance with Amazon Studios for new
DC Comics-based animated projects, and Electronic Arts Inc.'s deal
with Marvel to develop multiple action-adventure games. These
initiatives are anticipated to fuel the growth of the global comic
book market.
The comic book market is currently experiencing a surge in
demand for digital comics. With the rise of streaming services and
e-readers, consumers prefer the convenience of accessing their
favorite titles anytime, anywhere. Comics companies and independent
creators are responding to this trend by increasing their digital
offerings. The demand for print comics, however, remains strong,
with collectors and fans seeking out rare and limited edition
titles. The comic book industry is also seeing a rise in the use of
technology, such as augmented reality and virtual reality, to
enhance the comic reading experience. Additionally, the trend
towards diversity and representation in comics continues, with an
increasing number of titles featuring characters from
underrepresented communities. Overall, the comic book market is
evolving to meet the changing needs and preferences of
consumers.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
• The publishing
industry, including comic books, faces significant financial losses
due to copyright infringement and online piracy. The Internet has
made illegal file sharing more prevalent, leading to substantial
revenue loss for publishing houses. In 2022, the Content Overseas
Distribution Association in Japan
reported a loss of approximately USD12-USD13 billion
due to piracy, a fivefold increase from 2019. Unauthorized
duplication of copyrighted content negatively impacts the growth of
the global comic book market.
• In the comic
book market, businesses face various challenges. Narritives like
digital vs. Physical comic books, collection and storage of comic
books, and the cost of comic books are key concerns. Comics from
different decades and genres can be costly, making it difficult for
some collectors to afford. Additionally, the challenge of keeping
comic books in good condition is a common issue. Storage and
preservation techniques are essential to maintain the value of
comic book collections. Furthermore, the rise of digital comics
poses a threat to traditional comic book sales. Collaboration and
innovation among comic book businesses can help overcome these
challenges and ensure the sustainability of the industry.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This comic book market report extensively covers market
segmentation by
- Type
- 1.1 Non-digital
- 1.2 Digital
- Product Type
- 2.1 Hard copy
- 2.2 E-book
- 2.3 Audiobooks
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Non-digital- The Comic Book Market is a
thriving business that caters to collectors and enthusiasts. We
offer a wide selection of comic books, both new and vintage, for
purchase. Our team carefully curates each collection to ensure
high-quality items. Transactions are processed efficiently and
securely. Join our community of passionate collectors and expand
your comic book collection today.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
In the vibrant realm of storytelling, comic books offer a unique
and captivating experience for diverse audiences. Genres such as
superhero tales, fantasy stories, contemporary fiction, crime
stories, and supernatural romance transport readers to imaginative
worlds. Comic markets, like Comiket and various independent
bookstores, serve as bustling hubs where these stories come to
life. The congested ports of these markets are a testament to the
insatiable demand for new releases. Publishers, including those
specializing in book publishing like Eudicom, Aldus, and the World
Bank, contribute significantly to the production and distribution
of these tales. Manga, a popular form of comic books, adds to the
richness and diversity of this genre. The comic book market is a
thriving community where stories and readers connect, fostering a
love for the art of storytelling.
Market Research Overview
The Comic Book Market is a vibrant and dynamic industry where
collectibles and graphic novels are bought and sold. These valuable
items cater to a diverse range of audiences, from casual fans to
serious collectors. The market offers various genres, including
superhero tales, crime stories, science fiction, and more.
Suppliers and sellers source these comic books from various
channels, such as conventions, online platforms, and
brick-and-mortar stores. The demand for rare and limited-edition
comics drives up their value, making them highly sought-after
collectibles. The market also includes a strong community of
enthusiasts who share their knowledge, passion, and collections
with each other. The comic book market is a unique blend of art,
storytelling, and commerce, providing endless opportunities for
exploration and discovery.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Product Type
-
- Hard Copy
- E-book
- Audiobooks
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio