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AAP Publishers Report Strong Year-End Book Sales

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Feb 14 – Feb 20, 2011 Edition AAP Publishers Report Strong Year-End Book Sales

New York, NY, AUTHORLINK NEWS/February 16, 2011—US publishers’ book sales across all platforms increased +2.4 percent in December 2010 vs December 2009 and +3.6 percent for the full year vs 2009, it was reported today by the Association of American Publishers (AAP).

Virtually every book publishing category showed growth in one or both comparisons, with the phenomenal popularity of E-books continuing.

“As more formats have evolved and are served by the publishing community, consumers have more choices. These strong sales numbers reflect the efforts of AAP publishers and the response of book audiences,” said Tom Allen, President and CEO, AAP.

Among the highlights*:

Total sales for December 2010 were strong, showing a +2.4 percent gain vs December 2009 ($1.58 Billion vs $1.54B). Total sales for calendar year 2010 also jumped +3.6 percent vs calendar year 2009 ($11.67B vs $11.25B) E-books grew a dramatic +164.8 percent in December 2010 vs the previous year ($49.5 Million vs $18.7M). In the AAP’s ninth year of tracking this category, E-books once again increased significantly on an annual basis, up +164.4 percent for 2010 vs 2009 ($441.3M vs $166.9M). E-book sales represented 8.32 percent of the trade book market in 2010 vs 3.20 percent the previous year. A chart tracking nine years of E-book sales is included below. Books on other digital platforms also experienced healthy sales growth. For December 2010, Downloaded Audio Books increased +56.7 percent to $8.9M and Physical Audio Books increased +34.5 percent to $15.8M. For the calendar year, Downloaded Audio Books sales rose by +38.8 percent to $81.9M (vs $59.0M in 2009), while Physical Audio Books fell 6.3 percent, at $137.3M for 2010 vs $146.5M for the previous year. Children’s book categories saw higher sales in December 2010 vs the year before: Children’s/Young Adults Paperbacks were up +4.5 percent (to $48.9M) and Hardcover Children’s/Young Adults grew +0.2 percent (to $59.7M). Year vs year sales of children’s books fell somewhat; the former decreased 5.7 percent (to $546.6M) and the latter declined 9.5 percent (to $694.3M). All three Adult book categories also showed gains vs December 2009: Adult Hardcover was up +23.1 percent (to $148.2M), Adult Paperback grew by +4.5 percent (to $127.6M) and Adult Mass Market rose by +14.6 percent (to $57.1M). The categories fell slightly for 2010 vs calendar year 2009 with Hardbacks sales at $1.57B vs $1.65B in 2009 (-5.1 percent); Paperbacks reaching $1.38B vs $1.41B in 2009 (-2.0 percent) and Mass Market at $673.5M for 2010 vs $718.9M (-6.3 percent). Educational book sales saw full year-to-year increases: Higher Education grew +7.8 percent in 2010 (to $4.58B) and K-12 Elementary/High School posted a +3.2 percent gain (to $3.59B). K-12 El/Hi also hit a +1.4 percent increase for December 2010 (to $147.0M) while Higher Education reached $890.2M for December (-3.6 percent). Sales of University Press Hardcover books decreased 8.2 percent in December (to $6.0M) with a 0.5 percent decline for 2010 ($57.8M). University Press Paperbacks grew for 2010 by +1.3 percent (to $61.6M) and fell 2.5 percent for December ($8.9M). · rofessional books sales increased +5.0 percent for 2010 over 2009 (to $812.9M); for December, they fell 3.5 percent (to $108.9M). Religious Books showed 0.5 percent decline for 2010 vs 2009 (at $585.4M) and -11.8 percent for December ($49.9M). *All figures cited above are domestic net sales.

The Association of American Publishers is the national trade association of the US book publishing industry. AAP’s nearly 300 members include most of the major commercial publishers in the United States, as well as smaller and non-profit publishers, university presses and scholarly societies. AAP members publish hardcover and paperback books in every field, educational materials for the elementary, secondary, postsecondary, and professional markets, scholarly journals, computer software, and electronic products and services. The protection of intellectual property rights in all media, the defense of the freedom to read and the freedom to publish at home and abroad, and the promotion of reading and literacy are among the Association’s highest priorities.