Industry Analysis & Industry Trends
The Book Publishing industry provides a range of services for authors including marketing, structural and grammatical editing, design and typesetting, sales and protecting intellectual property. The industry experienced considerable declines during the five years to 2014. Decreasing leisure time and weak growth in disposable income resulted in lower book sales, especially for print books. The decrease in print book sales is only partly being offset by increases in e-book sales; as a result, industry revenue has steadily declined since 2009. Going forward, IBISWorld estimates that revenue for the Canadian Book Publishing industry will decrease at an average annual rate of 1.2% to $1.7 billion in the five years to 2019... purchase to read more
Industry Report - Industry Investment Chapter
The book publishing process is primarily dependent on labour, categorizing it as a low capital-intensive industry. In 2014, the average Canadian book publisher will spend an estimated $0.06 on capital investments for every dollar spent on wages. This is primarily attributed to the publishing process comprising tasks that require human discretion, such as talent acquisition, contract negotiations, editing, designing and marketing. Like many other information-based industries, publishers rely heavily on people to sort through information, determine what is relevant to consumers and promote it appropriately.
Recently, however, there has been a push to move toward a more automated publishing process... purchase to read more