Global Comic Book Market

Comic Book Market Size, Share, Growth Analysis, By Product(males and females), By End Use(Book stores, Comic stores, Online stores, and other), By Region - Industry Forecast 2024-2031

Report ID: SQCIG25G2004 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 67

Comic Book Market Insights

Comic Book Market size was valued at USD 15.52 billion in 2022 and is poised to grow from USD 16.44 billion in 2023 to USD 26.04 billion by 2031, at a CAGR of 5.92% during the forecast period (2024-2031).

The increase in popularity of comics all over the world can be attributed to the increasing number of publications featuring captivating narratives and appealing illustrations. Through a positive message, these books help readers improve their vocabulary, transport them to a wonderful fictitious land, and instill values.

These products are available in a variety of genres, including romance, science, fantasy, and others. The market's expansion has been significantly aided by government initiatives to promote comic books to encourage children's reading and education.

The worldwide outbreak of the COVID-19 pandemic resulted in an increase in online activity. According to data released by Mint in March 2020, covid -19-induced lockdowns are encouraging people to spend more time indoors, leading to an increase in the use of mobile apps, books, and comics, among other things.

Additionally, it was observed that mobile browsing activity increased by approximately 40%. Comic books have been popular for a long time and are still growing in popularity all over the world. They not only provide readers with entertainment and recreational value, but they also aid in vocabulary development.

A significant number of people have also turned to comics, particularly digital comics, in their spare time as a result of stay-at-home orders.

US Comic Book Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Comic Book Market size was valued at USD 15.52 billion in 2022 and is poised to grow from USD 16.44 billion in 2023 to USD 26.04 billion by 2031, at a CAGR of 5.92% during the forecast period (2024-2031).

The leading companies in the market are primarily focusing on novel concepts related to the production and distribution of comic books. The major players will be able to expand their business boundaries and strengthen their position in the market thanks to these policies. 'Marvel Comics (New York, U.S.)', 'DC Comics, Inc. (California, U.S.)', 'Dark Horse Comics (Oregon, U.S.)', 'Image Comics (Oregon, U.S.)', 'Akita Publishing Co., Ltd (Tokyo, Japan)', 'ASCII Media Works (Tokyo, Japan)', 'Black Hearted Press (Glasgow, Scotland)', 'Dan Dare Corporation Ltd (Southampton, U.K.)', 'Fantagraphics (Washington, U.S.)', 'Futabasha Publishers Ltd (Tokyo, Japan)', 'In May 2021, Marvel declared to launch the Black Panther comic book series with John.', 'In Sep 2022, Johnson revealed that he had the opportunity to speak with ComicBook.com while promoting his movie, during which he stated that he believes Henry Cavill is the modern-day Superman.'

People's adoption of comics has been significantly influenced by the rise in popularity of comic-related events like comic cons. For instance, the data for the 50th annual comic-con that was held at the San Diego Convention Center and was released in July 2019 shows that more than 135,000 people attended. The increasing number of superhero comic book brands is progressively gaining traction as a result of the production of more films and animated series, which is likely to fuel market expansion. For instance, data released by Forbes in January 2020 mentions DC Comics Inc. and Marvel, a Walt Disney Company-owned comic book brand. possesses the highest positions in the American industry.These are two huge comic book publishers that are dominating the industry.

From digital comics to apps that use augmented reality (AR), the comic book industry has seen a number of technological advancements in recent years. The shift toward digital comics is one of the most important trends.Numerous readers are opting to read their comics on mobile devices like smartphones and tablets as a result of the increasing availability of digital comics from publishers. The creation of comic-specific augmented reality (AR) apps is yet another significant trend.These apps superimpose digital images and information onto the pages of physical comics by using the cameras on smartphones or tablets.

Asia Pacific holds the dominant market share in this industry , Boasting USD 4.01 billion valuation in 2021. The expansion of the regional market has been aided by the anime industry's flourishing expansion among domestic and international consumers in Japan. According to the association of Japanese consumers, there was a 15.1% increase in the Japanese anime industry in 2018. Consumer e-commerce sales in Japan generated USD 163 billion, according to the UNCTAD, while gains of USD 1,361 billion were recorded in China.

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Global Comic Book Market

Report ID: SQCIG25G2004

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