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 2016. 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 - Industry SWOT Analysis Chapter
The Canadian Book Publishing industry is in the declining stage of its economic life cycle. IBISWorld forecasts that industry value added (IVA), which measures the industry's contribution to the Canadian economy, will decrease at an average annual rate of 3.6% from 2011 to 2021. Canadian GDP growth is expected rise at an average annual rate of 1.8% over the same period. The industry's IVA is consistently declining while the overall economy grows, which is indicative of a declining industry.
In Canada, the Book Publishing industry has passed its major merger and acquisition phase and, consequently, the number of industry operators will continue to decline at a steady pace. Cur.. purchase to read more