Delivered January 17, 2020. Contributor: Sunali T.
To identify the revenue breakdown between fiction and non-fiction in the book publishing industry in the US.
According to the Association of American Publishers (AAP), US book publishing industry generated an estimated revenue of $25.82 billion, representing 2.71 billion units in 2018.
The publisher revenue for adult fiction was $4.40 billion and $3.72 billion for children’s & young adult fiction in 2018, totaling $8.12 billion for the fiction category.
Since trade books (fiction, non-fiction, and religious presses) had a revenue of $16.19 billion in 2018 and fiction and religious books generated $8.12 billion and $1.22 billion respectively, we can conclude that the publisher revenue for non-fiction amounted to $6.85 billion during the period (16.19-8.12-1.22).
Non-fiction books showed the largest growth in revenue for publishers over the past five years with a 22.8% increase in adult non-fiction and a 38.5% increase in children’s & young adult non-fiction (2014-2018).