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 2015. 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. There is no indication that print sales will regain their strength, which will lead industry operators to seek additional revenue from e-books... purchase to read more
Industry Report - Starting a New Business Chapter
The Canadian Book Publishing industry has moderate barriers to entry. These barriers include the costs of recruiting authors, purchasing paper, printing and printers, developing distribution channels and marketing. Of these barriers, the most difficult is the development of distribution channels. Often, buyers of industry goods seek out reputable and well-established firms, which makes it difficult for new entrants. In retail stores that carry a small selection of books, leading publishers often have a dominant share of shelf space. Major book wholesalers typically reject book publishers that have less than 10 titles or low sales volumes.
One exception to the moderate barriers to entry in the industry is ebook-only publishers... purchase to read more