Consumer books are the greatest contributor to the market in terms of value, followed by the academic and professional sector. In 2010, Key Note estimated that the UK book market was worth £3.38bn; the value of the total market has been in decline since 2008, although has remained fairly resilient during the recession.

The industry is dominated by a number of large publishing groups including Pearson PLC, Reed Elsevier, Hachette UK, Random House UK and HarperCollins UK. A number of these companies specialise in specific sectors of the book market — e.g. academic and professional titles — while the most dominant publishers of consumer books, estimated to account for 72.5% of the market, are considered to be Random House, Pearson (owner of Penguin) and Hachette. Other companies maximise sales through exports; both Cambridge University Press and Oxford University Press accumulate the majority of their revenue in this way. A much larger volume of books is exported from the UK than imported, mainly due to the global reach of the English language and English language editions. Books which are imported into the UK are most likely to be academic and professional titles.

There are many factors currently affecting the UK book market; the rise of e-books has witnessed some depression in traditional book sales, while discounting practices are greatly affecting the potential value of the market. In 2010, Nielsen BookScan revealed retailers had discounted around £600m from the cover price of books, with the average price being reduced by 26%. This issue has been ongoing over the last decade, as retailers — particularly supermarkets — are constantly lowering pricing points to sell a higher volume of stock. This leads to further competition for independent booksellers, who are unable to compete with drastic price reductions offered by larger rivals.

Despite a recent decline in the total value of book sales, the market is forecast to see some recovery in the forthcoming years. Factors including the launch of an annual ‘World Book Night’, and a record number of university students populating the academic market, could help to revive the fortunes of the market. However, the success of the e-book market remains unclear; whether it will benefit the book industry or force it to further decline remains to be seen. It is forecast that the UK book market will increase by a steady 6.5% over the forthcoming 5 years, resulting in an estimated value of £3.60bn by 2015.

Table of Contents :

Foreword
Executive Summary
Market Definition
REPORT COVERAGE
MARKET SECTORS
Consumer Books
Academic and Professional Books
School and ELT Books
MARKET TRENDS
Falling Book Prices
The Internet and Online Content
School Budgets Under Pressure
ECONOMIC TRENDS
Population
Gross Domestic Product
Inflation
Unemployment
Household Disposable Income
MARKET POSITION
The UK
Overseas
Market Size
THE TOTAL MARKET
Book Output
BY MARKET SECTOR
Consumer Books
Academic and Professional Books
School and English Language Teaching Books
OVERSEAS TRADE
Exports
Imports
Industry Background
RECENT HISTORY
NUMBER OF COMPANIES
EMPLOYMENT
REGIONAL VARIATIONS IN THE MARKETPLACE
DISTRIBUTION
Retailing
HOW ROBUST IS THE MARKET?
LEGISLATION
KEY TRADE ASSOCIATIONS
The Publishers Association
The Booksellers Association
The Independent Alliance
Competitor Analysis
THE MARKETPLACE
MARKET LEADERS
Blackwell Publishing Ltd
Bloomsbury Publishing PLC
Cambridge University Press (Holdings) Ltd
Hachette UK Ltd
Harper Collins Publishers Ltd
John Wiley and Sons Ltd
Macmillan Publishers Ltd
Oxford University Press
Pearson PLC
The Quarto Group Inc
The Random House Group Ltd
Reed Elsevier PLC
OUTSIDE SUPPLIERS
MARKETING ACTIVITY
Main Media Advertising
Exhibitions
Strengths, Weaknesses, Opportunities and Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
Buying Behaviour
Consumer Books
Audio and E-Books
Place of Purchase
Current Issues
Corporate Activity
Decline in Bookshops
UK Libraries Under Threat
Upcoming Film Adaptations
E-Books
World Book Night
The Global Market
OVERVIEW
Forecasts
THE ECONOMY
Population
Gross Domestic Product
Inflation
Unemployment
FORECASTS-
MARKET GROWTH
FUTURE TRENDS
The Spring/Summer List
E-Books
A Growth in Academic Titles
Company Profiles
INTRODUCTION
DEFINITIONS
Turnover (Sales)
Pre-Tax Profit
Profit Margin
Average Remuneration
Sales per Employee
FURTHER INFORMATION
BLACKWELL PUBLISHING LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
BLOOMSBURY PUBLISHING PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
CAMBRIDGE UNIVERSITY PRESS (HOLDINGS) LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
HACHETTE UK LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

For more information kindly visit :
http://www.bharatbook.com/detail.asp?id=126953&rt=Book-Publishing-2011-Market-Report.html

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