Comic Book Market In-depth Insights by 2030 Business Strategies and Huge Demand by 2030


Comic Book Market to witness growth at a CAGR of 5.1% during the forecast period of 2022 to 2030.

Comic_Book_Market

A comic book is a publication that integrates comic art in the form of the sequential juxtaposed panel which presents individual scenes. The panel are often along with brief passages and written narratives that consisted of dialogues contained in word balloons representing the comic art form.

A comic book is a specific kind of illustrated publication that features comic strips organised chronologically. These sequences are portrayed as stories or narratives, which in turn capture the readers’ attention. Graphic novels, mini-series, series-based publications, and other common forms are all examples of comic books. Digital comic books have also been made available thanks to technical improvements. These books stand out for their intriguing layout, undrawn references, distinctive image style, and world containers, as well as their powerful word-image linkages.

Global Comic Book Market – Overview

It is estimated for the global comic book market to witness growth at a CAGR of 5.1% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR even during the previous forecast period of 2018 to 2021.

The rise in the leisure reading of graphic novels created with attractive fonts and images is estimated to drive the market during the forecast period. Apart from this, the increasing chain of libraries, reading halls and book stores across the world is estimated to increase the growth of the comic books market.

The availability of alternative entertaining media options such as videos, Television and so on is anticipated to hamper the demand for the comic books market during the forecast period.

Global Comic Book Market- Key trends

Rising popularity of digital books to bolster industry growth

With widespread internet penetration and digitalization, readers have shifted their inclination towards digital books. This is powered by the fact that hectic lifestyle of the individuals has left them with no leisure time to buy and read books. But, with the help of various technologies, they can now download any book they want including comics and read them on the go. These books can be read via smart devices such as smartphones, tablets, and laptops. This in turn is positively influencing the dynamics of this marketplace.

Growing adoption of comic books among children to accelerate industry development

Children are always drawn towards content with interesting stories and fascinating graphics. Comic books mostly focus on making the content highly attractive by integrating eye catching illustrations and layouts while establishing a strong story-image connection. This in turn is elevating their demand among children worldwide.

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Segmental Analysis of the Market

By Type

  • Physical Comic
  • Digital Comic

It is estimated for the digital comic to boost the growth of the market during the forecast period.

By End User

  • Male
  • Female

The female segment is estimated to boost the growth of the market during the forecast period.

By Distribution channels

  • Online
  • Offline

The online segment is estimated to boost the growth of the market during the forecast period.

Asia Pacific region is estimated to lead the growth of the market during the forecast period

The region of Asia Pacific is estimated to boost the growth of the market during the forecast period. The increasing literacy rate in the region and the major presence of youth population is also boosting the growth of the market. The increasing adaption of the digital reading devices is also estimated to drive the market during the forecast period.

Competitive Landscape

Some of the prominent companies operating in the market are

  • The Walt Disney Company
  • DC Comics, Inc
  • Dark Horse Comics
  • Valiant Comics
  • Archie Comic Publications, Inc
  • Amar Chitra Katha Media
  • Diamond Comics (P) Ltd.
  • Shogakukan Inc.
  • IDW Publishing
  • Image Comics

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Major questions answered in this report

  • What is the growth rate of the global comic book market?
  • What are the primary growth determinants of the market?
  • Which are the major regions constituting the geographical landscape of the market?
  • Which are the prominent companies operating in the market?

Key takeaways from the report

  • Comic book is a publication that integrates of comic art in the form of sequential juxtaposed panel which presents individual scenes. Panel are often along with brief passages and written narrative that consisted of dialogues contained in word balloons represent the comic art form.
  • It is estimated for the global comic book market to witness growth at a CAGR of 5.1% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR even during the previous forecast period of 2018 to 2021.
  • The availability of the alternative entertaining media options such as videos, Television and so on are anticipated to hamper the demand for comic books market during the forecast period.
  • The region of Asia Pacific is estimated to boost the growth of the market during the forecast period. The increasing literacy rate in the region and the major presence of youth population is also boosting the growth of the market.

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Published in

Books

Published on

Nov 08, 2022

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