Market Snapshot
The global comic book market is estimated at USD 9.2 Bn in 2021 and will reach USD 12.8 Bn during the forecast period. The industry is expected to expand at a CAGR of 4% during the assessment period. Expansion of the market can be attributed to the increasing production of comics with attractive graphics to illustrate the content. Also, increasing initiatives by the government of various countries are projected to be another vital factor driving the industry in the coming time. For instance, as per NDTV data of March 2021, the Union Education Minister of India launched 100 comics made by teachers and students of the Central Board of Secondary Education (CBSE) schools. Besides, a growing number of collaborations among players is anticipated to boost the industry in the coming time. For instance, as per news, Archie Comics and Genius Brands International announced a partnership to launch comics based on the Stan Lee Universe. Owing to such collaborations, the market is anticipated to flourish significantly.
On the contrary, the wide availability of substitute products is anticipated to restrain the market in the forecast period. Also, the limited availability of adult comic content is expected to hamper the market in the coming time.
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Market Segmentation
· Based on product type, the market can be segmented into digital comics and physical comics. As per the analysis, the physical segment is anticipated to dominate the market during the assessment period. The domination of the segment can be attributed to the people’s habit of preserving the hardcopy of comics. Besides, the growing popularity of pawnshops that provide offer high prices for valuable comics is projected to boost the market in the assessment period.
· Based on end-user, the market can be segregated into males and females. The male segment is anticipated to garner larger traction during the forecast period. The most popular comics in the market are male-oriented and contain content that attracts men principally, this is likely to drive the segmental growth. For instance, Beat Comic Culture disclosed that in 2018, nearly 83% of writers, over 61.5% were men. On the other hand, the female segment is projected to garner significant traction in the coming time. The growth can be attributed to the growing popularity of female-centric comics such as; Black Widow, Wonder Woman, Batwoman, and Black Widow.
· Based on distribution channels, the market can be segregated into online stores, comic stores, book stores, and others. The book store segment is anticipated to lead the market in the forecast period. On the other hand, comic store and online sales have witnessed significant growth owing to the presence of various comic stores and the availability of comics on online platforms.
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Regional Analysis
According to the analysis, APAC is projected to take the dominant position in the market. The growth of the region can be attributed to the stronghold of Japan in the anime industry. In 2018, the Japanese anime industry experienced a growth of 15%, reveals Association of Japanese Animation. The growth of e-commerce businesses has influenced the market positively. According to UNCTAD, e-commerce sales in Japan generated USD 163 Bn, while China recorded USD 1,361 Bn.
Europe is projected to garner significant market value during the forecast period. Expansion can be attributed to the increasing production of comic books among the EU countries. As per the data released by Aldus, in February 2021, Italy, Germany, France, and Spain produced nearly 3,000 to 4,000 new comic book titles.
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List of Key Players Covered in the Comic Book Market:
· Dan Dare Corporation Ltd.
· Akita Publishing Co.
· Marvel Comics
· and DC Comics
· among others.
Recent key developments:
· In May 2021, Marvel announced the launch of the Black Panther comic book series with John.
· In November 2020, KBFC, with its association with Reyaur Sports and Sportwalk, disclosed the launch of the Yennum Yellow Comic book.
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Some Points from Table of Contents of The Comic Book Market: -
Chapter 1 Comic Book Market Overview
1.1 Product Overview and Scope of Comic Book
1.2 Comic Book Market Segmentation by Type
1.2.1 Physical Comic Book
1.2.2 Digital Comic Book
1.3 Comic Book Market Segmentation By Application
1.3.1 Retail Stores
1.3.2 Book Stores
1.3.3 Specialty Stores
1.3.4 Online
1.4 Comic Book Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Comic Book (2015-2027)
Chapter 2 Global Economic Impact on Comic Book Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Comic Book Market Competition by Manufacturers
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TOC Continued…!!
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