It’s equally unsurprising that the sale of school books saw a massive decline, as students across the country spent a significant portion of their school year attending classes from home. It’s no surprise that 2020 was a time when consumers were clamoring for any form of entertainment while stuck inside. Revenue from consumer books grew by 6% in 2020, while PreK-12 revenue dropped by 12.3%. There are 68,670 people employed in the Book Publishing industry and 44,240 writers.Īnd the number of people employed has increased slightly from 2016-2021, at a rate of 1.4%. The book sold just under 2.73 million copies in 2022, 730,000 million copies more than the next runner-up: ‘Verity’, also by Colleen Hoover. In the U.S, the best-selling book of 2022 was ‘It Ends with Us’ by Colleen Hoover. However, $10.60 also marks a slight increase from 2021, when net revenue was under $10 billion. trade book publishing industry had $10.60 billion in net revenue.Ī number that has decreased since 2019, when the net revenue was $16.23 billion. Penguin Random House is the largest book publisher in the U.S., earning $3.3 billion in revenue (2019).Īnd this publisher is one of the five other publishers known as the “big five.” Publishers in the “big five” other than Penguin Random House include Hachette Book Group, Harper Collins, Simon and Schuster, and Macmillan.Īs of 2022, the U.S.

That’s an increase of over 93% within the past five years and makes up 57.5% of the total new books published. Here are the facts:Ģ.3 million new books were self-published in the U.S. No doubt, the book industry struggles to compete with other mediums. remains stagnant, despite a substantial increase in the number of books published. eBook | Audiobook | Textbook | Trendsīooks sold in the U.S. book sales hit 788.7 million units in 2022 across all print sales - a 4.5% decrease from 2021.įor further analysis, we broke down the data in the following ways:

In the U.S., approximately 1,700 independent bookselling companies are operating 4,100 stores. Romance is the most popular genre of books sold in the US, achieving over 32 million print copies sold in 2022. Including self-published and commercially published, over 4 million new books were published in 2022. book industry made $28.1 billion in revenue in 2022 After extensive research, our data analysis team concluded: book industry plays a massive role in education, entertainment, and more. From riveting romance novels to the latest political science theories, the U.S. Health And Wellness Industry Statisticsīook industry research summary.

US Media And Entertainment Industry Statistics.

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