According to Britain's Publisher's Association,
total book sales rose 4 % last fiscal year, and while print still makes up the majority of sales, its small 1 % sales slip was more than made up for by a 66 % gain in the digital realm.
Not exact matches
Hit by Amazon's explosive growth a decade ago, as well as the
rise of e-books (which now seem to have peaked at around 20 % of
total book sales), Barnes & Noble closed stores year - in, year - out, benefiting from a savvy move in the 1990s that saw it opt for short leases.
Meanwhile, physical
book sales went up and have continued their
rise through the Nielsen - measured
Total Consumer Market in 2016.
Last year, according to data published by the Publishers Association,
sales of physical
books fell 5 % to # 2.7 billion, while e-book
sales rose 11 % to just # 563 million with digital revenues growing to 35 % of the overall
total.
However, despite the
rise in
total sales, by genre the numbers were higher than last year for both business and technology
books, but had a noticeable drop in
sales for cookbooks and travel
books in digital format.
So it's clear that e-
books are a fast growing market, but adult hardcover
books were also on the
rise in May and grew by 43.2 percent for a
total of $ 138.5 million in
sales.