Second Hand Books Market Set for More Growth | Amazon, eBay, Alibris, Crossword Bookstores
Key Highlights :
The second-hand book market is set for more growth in the coming years, with Amazon, eBay, Alibris, and Crossword Bookstores leading the way. Advance Market Analytics recently added research publication document on the Worldwide Second Hand Books Market, breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of the market.
The study provides valuable market size data for historical (Volume & Value) from 2023 to 2028 which is estimated and forecasted till 2028. Some of the key and emerging players that are part of coverage and have being profiled are Amazon Inc. (United States), eBay Inc. (United States), Alibris Inc. (United States), Crossword Bookstores Ltd. (Shoppers Stop) (India), BookAdda (India) , BookChor Literary Solutions Private Limited (India), 99bookscart (United States), BookMafiya Study Solutions Pvt. Ltd. (India), Powells.com (Portland), Biblio, Inc. (United States).
In the modern era, people are becoming more ecologically sensitive. They realise that a book is meant to be utilized several times rather being read only once. As a result, many people share it with their family or friends. Others sell it to used book merchants or resellers. Moreover, a significant percentage of population, especially in underdeveloped regions, is below poverty line and lack financial backing to buy books. Inability to access books results lower functionality. This gap has resulted in a market opportunity to server both types of consumers. Technological involvement in terms of online buy sell platform is one of the key factors driving the second-hand book industry.
The market is driven by Widening Syllabus Leading to Demand for Multiple Reference Material, Inclusion of People Below Poverty in Educational Programs, Rising Academic Book Prices Influencing Market Trend, and Emergence of Online Medium of Buying and Selling Second Hand Books. However, Supply Chain Limitations may hinder the market growth.
The regional analysis of Global Second Hand Books Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
The competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution are % Market Share, Segment Revenue, Swot Analysis for each profiled company, Business overview and Product/Service classification, Product/Service Matrix [Players by Product/Service comparative analysis], Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc), Consumption, Capacity & Production by Players.
The report studies the leading manufacturers and other players entering the global Second Hand Books market. The future prospects of the global Second Hand Books market during the forecast period 2023-2028 are given in the report. The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. The emerging technologies that are driving the growth of the market are highlighted in the report. The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
