NEW
YORK, July 10, 2024 /PRNewswire/ -- The global
comic book publishing market is poised for substantial growth,
expected to increase by USD 3.68
billion from 2024 to 2028, with a CAGR of 4.6%. This
growth is driven by the expanding availability of comic books on
e-commerce platforms and a trend toward new launches. However,
challenges such as fluctuating raw material prices persist. In
terms of market share, digital comic books are increasingly gaining
traction compared to non-digital formats, reflecting evolving
consumer preferences towards digital content consumption. Key
players in this dynamic market include AfterShock Media, Disney,
Warner Bros Discovery, and others.
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segments, customer landscape, and companies- View the
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Comic Book
Publishing Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
4.6%
|
Market growth
2024-2028
|
USD 3683.9
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
4.18
|
Regional
analysis
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 67%
|
Key
countries
|
Japan, US, South Korea,
China, and France
|
Key companies
profiled
|
AfterShock Media, Ahoy
Comics LLC, Archie Comics Publications Inc., Aspen MLT Inc., Black
Mask Studios, Boom Entertainment Inc., Creative Mind Energy LLC,
DMG Entertainment Inc., Dynamic Forces Inc., Embracer Group AB,
Fantagraphics, Humanoids Inc., Idea and Design Works LLC, Image
Comics Inc., Lion Forge Animation, Rebellion Group Holdings Ltd.,
Scout Comics and Entertainment Holdings Inc., The Walt Disney Co.,
Warner Bros Discovery Inc., and Zenescope Entertainment
Inc.
|
Market Driver
The global comic book publishing market is characterized by a
large number of international and local vendors. These companies
introduce new comic book titles to capture customer interest and
boost their market presence. For instance, Archie Comics launched
Fly Girl, Pureheart, and Inferno in May
2021, while IDW Media announced new projects in April 2022, including crime thrillers,
supernatural horror, science fiction, and epic fantasy. Marvel
released the Carnage Series 1 comic in March
2022. The continuous introduction of new comic books and
expansion of existing ones by various publishers worldwide is
anticipated to fuel the growth of the global comic book publishing
market.
The comic book publishing market is thriving, with digital
comics gaining significant traction. Male segments dominate the
market, particularly in superhero and action genres. Traditional
comic book stores and bookstores continue to sell hard copies, but
online stores like Amazon's Kindle and Tablet PCs are growing.
Publisher Weekly and Comicsbeat report that trends include the
anime industry, with titles like "Black Panther" and "Avengers
Unlimited" in the Infinity Series popular. Research from Publisher
Weekly, Comicsbeat, and Pew Research Center indicates females are a
growing audience, especially in science fiction and manga segments.
Librarians and educators are also key consumers. However,
challenges include truck driver and warehouse labor shortages,
congested ports, and rising shipping container costs. Publishers
like Marvel Comics and DC Comics face these issues in both the
digital and hard copy segments. The science-fiction genre and
international comic books in English and regional languages are
also trending. Augmented reality is a potential future
development.
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Market Challenges
- In the comic book publishing market, paper and ink serve as the
primary raw materials. Vendors procure these materials based on
market prices, which are negotiated during the procurement process
with suppliers. The quality of output is ensured by procuring most
paper directly from leading suppliers, who offer a range of paper
grades, weights, and sizes. However, the comic book publishing
market faces challenges due to the volatile nature of paper pulp
prices. Factors such as demand, inventory levels, production
capacity, and competitive strategies influence paper pulp prices
worldwide. Geopolitical issues, like the Russia-Ukraine war, have resulted in increased paper
prices due to logistical constraints, trade restrictions, and other
factors. For instance, in late 2022, paper prices surged by over
40% due to delays in supplies in India. These uncertainties and additional
costs incurred by publishers or vendors may negatively impact the
growth of the comic book publishing market during the forecast
period.
- The comic book publishing market faces several challenges in
the current business landscape. The rise of AI-illustrated comic
books, represented by MidJourney AI, disrupts traditional comic
content creation. Diamond Comic Distributors, a key player, must
adapt to maintain brand dominance. Consumers' attention is divided
between NFT comics on platforms like VeVe and physical comic books.
Digital technology, including audiobooks and mobile apps, caters to
physically-disabled and non-English speaking groups. Cost and
availability are crucial product factors for end-users, including
kids, adults, and the youth population. Genres like romance,
science, and fantasy face varying demand. Publishers must analyze
end-use preferences, product type, and digital vs. Physical trends
to stay competitive. Lockdowns and increased mobile browsing
activity fuel the demand for digital comics. Physical comic book
stores remain relevant but must adapt to survive. The World Bank
reports on comic publications' economic impact. Overall, the market
requires agility and innovation to meet readers' needs in an
increasingly digital world.
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Segment Overview
This comic book publishing market report extensively covers
market segmentation by
- Genre
- 1.1 Science-fiction
- 1.2 Manga
- 1.3 Superhero
- 1.4 Non-fiction
- 1.5 Others
- Platform
- 2.1 Non-digital
- 2.2 Digital
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Science-fiction-
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
Comics publications continue to captivate readers with their
engaging stories and attractive graphics, spanning various genres
from romance and science fiction to fantasy and noir. The comics
industry has seen a surge in popularity during lockdowns, with
digital platforms like Mint and mobile apps making access to these
books more convenient than ever. According to Comicsbeat and Pew
Research Center, comics attract a diverse readership, expanding
vocabulary and fostering creativity. The value system of comics
often delivers positive messages, making them a beloved form of
entertainment for audiences of all ages. Notable companies like
Marvel and DC Comics dominate the market, but smaller publishers
also contribute significantly to the industry's rich tapestry.
Production of comics involves a unique blend of art and
storytelling, making each publication a unique work of art.
Market Research Overview
The comic book publishing market is thriving, with various
genres including romance, science fiction, fantasy, and superhero
action captivating readers worldwide. The rise of digital comics
through mobile apps and online stores has revolutionized the
industry, with platforms like Mint and Marvel Unlimited leading the
charge. The end-use segment includes males and females, with the
male segment dominating the superhero and action genres. The anime
industry also contributes significantly to the market. Despite
lockdowns and disruptions, comic publications continue to see
increased mobile browsing activity. Publisher Weekly, Comicsbeat,
and other industry reports provide product analysis and insights
into the comic book market. The science fiction and manga segments
are particularly popular, with librarians and educators promoting
their use in schools and libraries. The comic book industry faces
challenges such as truck driver and warehouse labor shortages,
congested ports, and rising shipping container costs. However, the
digital segment continues to grow, with e-Books and digital comics
becoming increasingly popular. The popularity of comics can be
attributed to their engaging stories, attractive graphics, and
positive messages. The value system of comics resonates with
readers of all ages and backgrounds, making them a timeless form of
entertainment. Noir and other genres add to the diversity of the
comic book market.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Genre
-
- Science-fiction
- Manga
- Superhero
- Non-fiction
- Others
- Platform
-
- 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
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Contacts
Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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