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Many in this category are empty-nesters who can dedicate more time to reading. The decline was less for books than for the newspaper or magazine industry and the decline in new book sales could be attributed to competition and used book sales.
Book sales should continue to rise as baby boomers become empty-nesters with newly-acquired leisure time. Large chains carry between 15, and 20, titles while large independent bookstores can house as many as 30, and 40, titles.
Adults 65 years and older spend less on science-fiction, fiction and autobiography. Adults years spend less on mysteries, self-help books and religious titles.
Some categories of books popular with all generations include history and romance. Another trade expected to grow will be: The trade book business will decline because people are spending less time reading overall.
Between and it is expected that the average reading time will decline by 3 hours compared to an increase of hours during the same time period spent on other media. Below are market statistics for bookstores nationwide: Estimated number of U.
Zapdata Market Report7 Current indicators point to an aggressive and highly competitive industry with dwindling numbers of independent establishments.
Associations Association of American Book Publishers http: Business Week Online,Date Accessed: SBDCNet does not provide marketing lists, medical or legal advice. Preliminary patent and trademark searches do not constitute legal advice and consultation with an intellectual property attorney is advised.
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This material may be protected by Copyright law Title 17 U.Publishers Weekly is the international news website of book publishing and bookselling including business news, reviews, bestseller lists, commentaries and more. Business, Investing & Management Select your publishing plan Switch between Xpress and Guided Publishing.
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