Book Publishing in Canada
The Book Publishing industry in Canada has experienced moderate and consistent declines over the five years to 2017. Profit margins are expected to increase over the period, mainly due to the transition toward digital publishing, which is typically a more profitable endeavor. IBISWorld estimates that industry revenue will decrease further over the five years to 2022. There is no indication that print sales will regain their strength, which will ultimately lead industry operators to seek additional revenue from e-books. Moreover, industry operators are facing increasing pressure from media substitutes, which will only be exacerbated by reduced leisure time, effectively driving out smaller publishing companies.
Operators in this industry edit and design books, engage in marketing activities and make distribution agreements with operators in the Book, Magazine and Newspaper Wholesaling industry (IBISWorld report 42492). The industry includes e-book publishing, but excludes authors who are part of the Performers and Creative Artists industry (71151) or the Printing industry in Canada (32311CA).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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