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In November 2024, digital and physical book formats saw varied performance in the U.S. market:
• E-books: Revenues rose by 2.7%, generating $83.3 million. Year-to-date revenue reached $945.1 million, up 2.9%.
• Digital Audiobooks: Revenues increased significantly by 16.1%, totaling $94.3 million. Year-to-date growth was 25.0%, with $977.5 million in revenue.
• Physical Audio: Sales declined by 29.1% in November, earning $800,000, and were down 35.5% year-to-date, totaling $8.2 million.
Physical formats experienced mixed results:
• Hardbacks: November revenues increased by 6.9% to $384.9 million; year-to-date growth was 7.4%, reaching $3.3 billion.
• Paperbacks: November sales rose 7.7% to $286.6 million; year-to-date growth was 4.2%, at $3.0 billion.
• Mass Market Books: November sales surged 17.5% to $11.6 million but were down 13.7% year-to-date, at $112.7 million.
• Special Bindings: Revenues grew 8.3% in November to $25.2 million and 4.7% year-to-date, totaling $212.7 million.
This data, sourced from the American Publishers Association StatShot, reflects sales across approximately 1,280 publishers.
Source: E-book revenue increased by 2.7% in November 2024 - Good e-Reader
