The size of the worldwide comic book market was estimated at 16.06 billion USD in 2023 and is projected to grow to 16.83 billion USD in 2024. The market is expected to reach USD 26.75 billion by 2032, with a compound annual growth rate (CAGR) of 5.96% from 2024 to 2032. In recent years, there has been a steady increase in the demand for books with eye-catching illustrations and captivating narratives to support the material. This element has contributed to comic books' increased global appeal. By spreading a positive message, comics assist readers in developing their language, inventiveness, and sense of morals. These books are published in a variety of genres, including science fiction, romance, fantasy, and noir.

Fortune Business Insights™ displays this information in a report titled, "Global Comic Book Market, 2024-2032."

Top Company in the Comic Book Market

• Marvel Entertainment, LLC (U.S.)

• Dark Horse Media, LLC (U.S.)

• Image Comics (U.S.)

• DC Entertainment (U.S.)

• Archie Comics (U.S.)

• IDW Media Holdings, Inc. (U.S.)

• Akita Publishing Co., Ltd. (Japan)

• Futabasha Publishers Ltd. (Japan)

• Rebellion (U.K)

• DMG Entertainment (U.S.)

Browse Detail Summary for the Comic Book Market:

https://www.fortunebusinessinsights.com/comic-book-market-103903 

Segmentation:

Rising Trend of Comic Collection to Boost Demand for Physical Comics

The market is separated into two segments based on the kind of product: digital and physical comics. The market share of comic books is expected to be dominated by the physical comics category because of their tactile quality, accessibility, and low cost. Because they can be invested in and even sold for a profit, these comics also have the benefit of being very popular among comic book collectors.

Rising Popularity of Comics among Adults to Boost Market Growth

The market is separated into two segments based on end users: children and adults. Throughout the projection period, the adults category is expected to gain a significant portion of the market. Reading manga as a hobby can significantly increase an adult's creativity and improve their mental and physical well-being. As more adults read and amass a variety of rare and distinctive comic books and publications, they are becoming comic collectors. To turn a profit, they buy a lot of new books and resell them for more money. Adult demand for comics will increase as a result.

Online Platforms to Attract More Customers Due to Their Convenience

The market is divided into book stores, comic book stores, internet retailers, and others based on the distribution channel. Over the course of the forecast period, the online distribution channel sector is expected to gain a sizable market share.

Because they may save a great deal of time and effort, a variety of choices, including online shopping and store pickup and home delivery, are growing in popularity among customers. It is anticipated that these elements would increase consumers' preference for online comic book platforms.

Report Coverage:

The global market research report offers an in-depth analysis of the industry and highlights key areas, such as end-users, key companies, and top product types. In addition, the report offers valuable inputs about the current market trends and focuses on top industry developments. This report also covers many factors that have contributed to the market’s growth in recent years.

COVID-19 Impact:

Rise In The Adoption Of Books, Mobile Apps, And Comics Propelled Market Growth

The COVID-19 outbreak played a key role in significantly increasing online activities among the global population. This scenario compelled more people to read books on different online platforms during their leisure time. According to data published by Live Mint in March 2020, the lockdown and movement restrictions imposed by governments during the COVID-19 pandemic forced individuals to stay indoors. This led to a notable rise in the adoption of books, mobile apps, and comics, further enhancing the comic book market growth.

Drivers and Restraints:

Growing Number of Comic Events and Conventions to Aid Market Growth

Comic book sales have been positively impacted by comic book events like Comic-Con. For example, according to data released by the San Diego Convention Center in 2021, over 150,000 people visited the New York Comic-Con event, whereas only over 111,000 people attended the Japan Comiket event. The comic book market share will increase as a result of events like these.

However, the market's expansion may be hampered by the increasing availability of alternatives, such audiobooks.

Regional Insights:

Asia Pacific to Dominate Due to Expansion of Japanese Anime Industry

Asia Pacific holds the largest share in the market and is expected to dominate the market in the future as well. Japan’s anime industry is expanding at a considerable pace due to the growing domestic and international readership. For example, in 2018, the Japanese anime market experienced a 15.1% growth rate, according to the Association of Japanese Animation. These aspects will enhance the regional market growth.

Competitive Landscape:

Key Companies Enter Strategic Collaborations and Partnerships To Fuel Industry Growth

Some of the top market players are focusing on introducing new superhero characters, helping them attract more customers and boost their product sales. It also helps these companies expand their product portfolios and target new fan bases. For example, in August 2022, Marvel introduced a new hero, Anna Ameyama, with a new infinity comic, T.E.S.T. Kitchen. The comic includes a recipe in every issue. These efforts will help the market grow.

Notable Industry Development:

August 2022: Dark Horse Media extended its partnership with Netflix by continuing to provide a first look of its IP for both films and series. The popularity of comics is rising steadily as Dark Horse comics are being adapted into Netflix series and movies.