MarketLine Industry Profile: Books in Japan.

Market value The Japanese books market shrank by 2.5% in 2016 to reach a value of $6,924.8 million. Market value forecast In 2021, the Japanese books market is forecast to have a value of $6,416.9 million, a decrease of 7.3% since 2016. Category segmentation Physical is the largest segment of the books market in Japan, accounting for 84% of the market's total value. Geography segmentation Japan accounts for 6% of the global books market value. Market rivalry Rivalry is intensified by the popularity of internet retail and its ease of expansion. Rivalry is increased as players compete over consumers who are more easily aware of price and stock. [ABSTRACT FROM AUTHOR]