06/10/2012
New Providence, NJ, June 5, 2012—Bowker , the global leader in bibliographic information, released its annual report on U. S. print book publishing for 2011 , compiled from its Books In Print® database.
Based on preliminary figures from U.S. publishers, Bowker is projecting that traditional print book output grew six percent in 2011, from 328,259 titles in 2010 to a projected 347,178 in 2011, driven almost exclusively by a strong self-publishing market.
The company says this is the most significant expansion in more than four years for America’s traditional publishing sector, but removing self-publishing from the equation would show that the market is relatively flat from 2010.
Of the total number of titles in 2011, Bowker said about 17.3 percent were fiction, with literary fiction accounting for a meager 2.5 percent of the total, or about 8,600 titles.
“Transformation of our industry has brought on a time of rich innovation in the publishing models we now have today. What was once relegated to the outskirts of our industry—and even took on demeaning names like ‘vanity press’ is now not only a viable alternative but what is driving the title growth of our industry today,” said Kelly Gallagher , Vice-President, Bowker Market Research.
“From that standpoint, self-publishing is a true legitimate power to be reckoned with. Coupled with the explosive growth of e-books and digital content – these two forces are moving the industry in dramatic ways.”
Genres that contributed to the robust growth in the Traditional sector include Education, with a hefty 20 percent increase, Music and Philosophy & Psychology (both up 14 percent), Religion (up 12 percent), and Juveniles, Biography, and Business, which all increased by 11 percent. Publishing mainstay Fiction – the largest genre – turned around a multi-year decline with a notable 13 percent increase.
http://www.bookbusinessmag.com/article/publishing-market-shows-steady-title-growth-2011/1
