Press Release: Miscellaneous Announcements
Publishing Industry Continues To Grow With Sales Of Consumer Ebooks Rising By 134%
Posted at 9:13AM Wednesday 01 May 2013
The Publishers Association (The PA) Statistics Yearbook 2012 shows that total consumer ebook sales have continued to rise in 2012, by 134%, reaching £216 million. Total digital sales have risen by 66%, reaching £411 million, and total fiction digital sales went up by 149%, to £172 million. The total physical and digital sales have grown by 4%, reaching an outstanding £3.3 billion. The digital share of combined physical and digital value sales went up to 12% and the export share of total physical value sales remained level at 41%.
Digital formats (encompassing ebooks, audiobooks downloads and online subscriptions) accounted for 12% of the total invoiced value of sales of books in 2012, with this share rising from 8% in 2011, and from 5% in 2010.
Other notable statistics from the PA Yearbook 2012 include an increase of 4% for the home physical sales of children's books, up to £233 million, while home physical sales of school books saw a rise of 6%, to £172 million. Total physical sales of fiction books have also grown, by 3% in 2012, leading to sales of £502 million. Physical and digital sales of fiction books combined have risen by 21% to £674 million, and digital sales of non-fiction/reference books have grown by 95% to £42 million.
Richard Mollet, Chief Executive at The Publishers Association, said: "The Publishers Association's Statistics Yearbook 2012 shows that British publishing is a healthy industry which continues to grow. The continued increase in digital sales across different disciplines illustrates the shift of readers to e-book reading. Such growth has been achieved as British publishers have been able to invest in new exciting, innovative products and in great authors thanks to the strong framework provided by copyright law, which continues to be the cornerstone of stability for a creative industry like publishing."