AAP Reports US Book Market Up 5.5% in 2014
The Association of American Publishers released its usual welter of limited and confusing book market stats today.
Depending on which figure you’re looking at, the AAP reported that publisher revenues from January to October were up 4.1% (if you look at the trade market only) and that publisher revenues from January to October were up 5.5% (counting everything that the publishers are selling, including the crushed hopes and dreams of writers).
The aggregated revenues (from 1,209 publishers) for the trade book segment totaled $5.86 billion in the first ten months of the year, up 4.3% from $5.61 billion in the same period of 2014. The kids/YA category showed the most growth, increasing by 21.6%, while the adult category continued to dip by just under a percent and religious presses grew by 1%.
Within the growing kids/YA category, all formats continued to experience double-digit growth; compared to the same ten month period last year, the greatest growers were ebooks at 47.8% and Board Books at 36.6%.
In terms of formats, paperbacks showed a surprise revival, with revenues growing by 7.2%. eBooks continued their solid albeit stolid growth, growing by 5.3% to $1.32 billion, while hardback revenues increased by 1.1%.
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