The Global Market Size for the book industry stood at a staggering $150.9 billion in 2024. The books market in North America accounted for over 33% of the global revenue on account of a large number of independent publishers and publishing companies in the region. There’s a growing number of keen readers in the region that will benefit the market.

Europe accounted for over 25% of the global revenue. The largest companies that dominate the market are Penguin Random House, Hachette Book Group, Pearson, Macmillan Publishers, Marvel Comics and Morris Publishing amongst others. These companies have maintained their positions by investing in digital transformation, strategic acquisitions, and partnerships to expand their reach. Even with all the new technology out there, books are still going strong. Turns out, the printed word has some great things going for it that screens just can’t beat. It is way easier on your eye, you can flip through it quickly and it is built to last in a way that digital text, which is so easy to change or delete, just isn’t.