BANGALORE, India, September 5, 2022 /PRNewswire/ — The cartoon indu worldtry is segmented by Type (Physical Comic Book, Digital Comic Book), by Application (Retail Store, Bookstore, Online Sales): Opportunity Analysis and Industry Forecast, 2022-2028. It is published in Appreciate the reports under the Comics Category.
Due to the COVID-19 pandemic, the global comic book market size is worth $12,900 million in 2022 and is expected to reach a readjusted size of $23110 million by 2028 with a CAGR of 10.2% during the forecast period 2022-2028.
Top Comics Growth Factors Market:
The COVID-19 pandemic has had a surprising and unprecedented impact on the world, and the comic book market has benefited from the COVID-19 outbreak.
Additionally, the expansion of the comic book market is fueled by the popularity of comic events, comic book movie adaptations, and the use of digital technologies.
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TRENDS AFFECTING THE GROWTH OF COMIC STRIP MARKET:
The popularity of comic books these days is not the result of actual comic books, but rather the many comic book adaptations that can be found on TV, in movies, and online. Thanks to top creators and culturally significant films like The Dark Knight, Black Panther and Oscar-winning Joker, all of which were filmed north of $1 billion at the global box office, what was once considered lowbrow fun has now become complex art. This factor is expected to drive the growth of the comic book market.
The growing acceptance of comic books among people has been significantly influenced by the growth in popularity of comic events like Comic-Con. As more movies and anime series are produced, the popularity of superhero comic brands continues to grow, which is expected to support the expansion of the comic market.
Digital technology is increasingly used in this industry, which has a significant impact on the explosive growth of comic book readership. Indeed, readers now have more convenient global access to their favorite comics through digital technology. Sales of digital comics have increased over the forecast period. This factor is expected to drive the growth of the comic book market. In order to meet their monthly comic book needs during the home confinement due to the pandemic, many desperate comic book readers have purchased digital comics.
Additionally, the growing number of children owning smartphones is likely to increase the demand for digital comics. More than half of young Americans now own smartphones, suggesting that there is a large market for digital comic book content in the region.
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COMIC STRIP MARKET SHARE
Based on the region, Europe is the largest market, with a market share of around 78%, followed by North America and Asia Pacific.
Major Companies in the Comics Market:
Major global comic players include Naver Corporation, Shueisha, Shogakukan, The Walt Disney Company, Kodansha and Kadokawa Future Publishing, etc. The top five players occupy a share of around 31%.
Other companies are:
- Image comics
- SDI Publication
- Boom! studios
- Akita Shoten
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– The Global e-book market the size should reach $38,560 million by 2026, $16100 million in 2020, at a CAGR of 15.7% over the period 2021-2027.
– Due to the COVID-19 pandemic, the e-book reader market the size is estimated at the value $29,300 million in 2022 and is expected to reach a readjusted size of $60680 million by 2028 with a CAGR of 12.9% during the reporting period.
– The Global Digital publishing market the size should reach $226,070 million by 2028, $104,950 million in 2021, at a CAGR of 11.4% over the period 2022-2028.
– The Global Digital Content Market the size should reach $241,650 million by 2027, 161540 million USD in 2020, at a CAGR of 5.9% over the period 2021-2027.
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