Friday Fun Facts
Global Publishing Industry
In 2016, the book publishing industry was worth $103 billion globally. Due to increased popularity of digital media, that figure decreased to $92.8 billion in 2019. However, print remains the most popular book format to read among U.S. readers. According to Statista, 65% of adults read a print book in the last year (2020). With the hardships of COVID-19, the global publishing industry was worth $85.9 billion in 2020, according to Cision PR Newswire.