Industrial Market Research Reports byMBD MARKET RESEARCH REPORTS |
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Released: February 2011 After researching the UK book publishing market development and taking into account various other factors the following conclusions can be drawn from MBD's report: Market Review 2006-2010: In 2010, the UK market for books is estimated to have declined by 2% to £3323 million, consolidating the moderate 1% declines in both 2008 and 2009. Nonetheless, a marginal cumulative increase is estimated to have been recorded between 2006 and 2010. MBD believe that the annual declines in the latter part of the review period are a direct reflection of the impact of reduced consumer spending and the pressures from digital media. Market Forecast 2011-2015: With the exception of a projected 1% decline in 2011, the UK market for books is expected to demonstrate real term growth throughout the forecast period, albeit at moderate annual levels of between 1% and 3% per annum. Indeed, the impact of the recent recession and reduced consumer confidence has meant that the market will recover at a moderate rate. The market remains relative mature. Nevertheless, overall demand in the book market is projected to reach £3540 million (at 2010 prices) in 2015, equivalent to an overall increase of 7% compared with 2010.
Note to Editors: MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants. Click here for full details of the UK Book Publishing Market Research Report
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