For Immediate Release
March 6, 2006
Contact: Tina Jordan
Ph: 212-255-0200 x263
Email: tjordan@publishers.org
Book Publishing Industry Net Sales Totalled $25.1 Billion in 2005
New York, NY, March 6, 2006: Net sales for the United States publishing industry are estimated to have increased by 9.9 percent from 2004 to 2005 to a grand total of $25.1 billion, according to figures released by the Association of American Publishers (AAP). The sales figures in this report are based on year-to-date data in the AAP 2005 December Monthly Sales Report, the recently released U.S. Department of Commerce’s 2002 Census Bureau Report and other statistical data.
Trade sales rose at a compound annual growth rate of 9.1 percent from 2002 to 2005, with sales of $7.83 billion in 2005. The largest increase in the Trade category came from Juvenile hardbound books, which rose at a compound growth rate of 19.6 percent from 2002 to 2005.
Elementary and high school sales were up by 4.3 percent annually compounded from 2002 to 2005, reaching $6.6 billion, now inclusive of standardized tests, while Higher Education sales rose 3.6 percent annually compounded over the same period, with sales of $3.4 billion. Sales of Professional and Scholarly books were up 1.5 percent compounded annually from 2002 to 2005 with total sales of $3.3 billion in 2005.
Book Clubs and Mail Order publications (down 8.2 percent annually compounded 2002-2005, with sales of $1.50 billion) and Mass Market paperback sales (down 3.5 percent compounded 2002-2005, with sales of $1.08 billion) lost ground in 2005. Publishing sales of Religious books, which includes many self-help texts, grew 14.2 percent compounded annually from 2002 to 2005, totalling $876.0 million in 2005.
For a complete list of the preliminary estimated book publishing industry net sales for 2005 prepared by Management Practice Inc, please see the attached document.
For additional information: Tina Jordan, AAP New York (212-255-0200 ext. 263, TJordan@publishers.org).
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