Authored By: Sarah
02 Aug 2024

Interactive Children's Books Market 2023-2027: Using interactive books for early literacy demand Fuels Growth

The interactive children's books market size by Type (Physical books and eBooks), Distribution Channel (Offline and Online), and Geography (APAC, Europe, North America, South America, and Middle East and Africa), is forecast to increase by USD 711.99 million. The market is expected to grow at a CAGR of  5.06% between 2023 and 2027.

  • The interactive children's books market is experiencing significant growth due to the increasing recognition of the importance of early literacy in children. With concerns mounting over the number of children experiencing difficulties in reading acquisition during the preschool years, there is a heightened awareness of the potential long-term implications. This critical phase in learning to read, known as emergent literacy, is crucial for the development of fundamental skills such as alphabet knowledge, early word learning, and receptive language abilities. These foundational skills are predictive factors for advanced reading skills, making the acquisition of emergent literacy skills a priority in ensuring future academic success.

Access the full report to know about market driving, challenges and trend factors

  • In the children's books market, the demand for physical books remains robust due to their ability to provide a tangible reading experience. This sensory engagement captivates children's attention and fosters a sense of ownership. Moreover, physical books pose no health concerns as they are less taxing on the eyes compared to eBooks. However, the escalating popularity of eBooks poses a gradual threat to this segment's growth. To maintain appeal, publishers invest in visually engaging book covers and fonts. Additionally, the ease of skimming through a physical book is a significant advantage, contributing to the continued sales of these traditional formats.

  • The offline segment dominates the interactive children's books market in 2022, accounting for the largest market share and maintaining this position throughout the forecast period. Traditional bookstores serve as the primary distribution channel for publishers of these engaging books, featuring interactive pictures and captivating fonts. Parents value the ability to physically examine these books before purchasing, considering their children's age and learning needs. Cover designs significantly influence customers' decisions in offline retail environments. Conveniently, these stores categorize books by age group and grade, enabling efficient browsing and buying experiences for customers.

Some of the Key Companies:

  • Amazon.com Inc.
  • Arbordale Publishing LLC
  • Bertelsmann SE and Co. KGaA
  • Corus Entertainment Inc.
  • Georg von Holtzbrinck GmbH and Co. KG
  • Holiday House
  • I See Me
  • Lee and Low Books
  • Lerner Publishing Group Inc.
  • Lulu Press Inc.
  • Paramount Global
  • Peachtree Publishing Co. Inc.
  • Pearson Plc
  • PLANETA CORPORACION Srl
  • RELX Plc
  • Scholastic Corp.
  • Smashwords Inc.
  • Sourcebooks LLC
  • The Walt Disney Co.
  • Walker Books Ltd.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio