The global manga market has seen significant growth in recent years, reaching an estimated value of $13.69 billion in 2023. This trend is expected to continue, with a projected growth rate of 18% per year from 2024 to 2030. The increasing popularity of graphic reading content, featuring captivating stories and visually appealing illustrations, is a major driving force behind this expansion. Manga, a beloved form of Japanese entertainment media among both children and adults, has a powerful influence on young people and serves as a significant cultural outlet.
The launch of numerous new titles in response to the explosive demand from the audience is further fueling the market growth. Manga content comes in a wide range of styles, catering to diverse interests and preferences. These styles include creative, funny, inspirational, artistic, philosophical, trashy, and even edifying. Manga also explores various virtues, emotions, and vices, such as the importance of hard work, strong-spiritedness, self-denial, persistence, dedication, pluck, or the experience of unrequited love.
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Audience Segmentation Insights
The manga market is primarily dominated by the adult segment, which accounted for a substantial 56.85% of the total market revenue in 2023. This dominance can be attributed to the diverse range of genres available, catering to the interests of adults. Comedy, romance, thrillers, fantasy, and other genres have gained significant popularity among this demographic. Moreover, publishing companies are actively investing in high-quality content and visually appealing graphics, further driving growth in the adult segment. Some notable mature-themed manga series include Berserk, Monster, Tokyo Ghoul, Vagabond, Vinland Saga, Akira, and Blade of the Immortal.
On the other hand, the children and kids segment is projected to experience substantial growth, with an estimated CAGR of nearly 20.0% from 2024 to 2030. This growth is fueled by the increasing focus of manga publishers on developing content targeted towards children and young adults. The recent popularity of manga-based anime series featuring children and kids themes has also contributed to this segment's expansion. Examples of such series include Crayon Shin-chan, Doraemon, Tsurupika Hagemaru, Chibi Maruko-chan, Sazae-san, Case Closed, and Anpanman. Additionally, the growing support from parents, who view these books as valuable tools for developing reading comprehension and critical thinking skills in their children, is further accelerating the growth of the children and kids segment.
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