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The growing popularity of attending comic book events is mainly driving the consumers' interest in purchasing comic books and fueling the worldwide bookend product demand.
Furthermore, the growing trend of contemporary furnishing items such as tables & bookshelves and recent developments related to the designable bookshelves and wall units is influencing customers towards buying book-keeping products, thereby, driving the market growth.
Nowadays, manufacturers implement sustainable production techniques to offer bookends manufactured from biodegradable materials such as wood and bamboo, and other sustainable material-based bookend products.
People prefer to design a library area for reading, hence home-based libraries are becoming more common in residential settings. This factor is driving up the need for bookshelves and bookends for book storage.
Nowadays, people prefer staying indoors to avoid coronavirus infection. This factor has accelerated the household population’s demand for comic book reading, video gaming, and other indoor leisure activities and increased the bookend product revenues during the pandemic.
However, COVID-19-related lockdown restrictions have forced bookstores to shut down their business. This factor resulted in a decline in the bookstores and official spaces’ demand for book storing products and hampered the market growth. For instance, as of March 2020, American leading bookseller Barnes & Noble Inc. temporarily closed over 400 of its 627 U.S. stores in the U.S. due to the outbreak of the pandemic.
The report will cover the following key insights:
The marble sector is expected to hold a leading share of the worldwide bookends market because of its solid structure in retaining heavy-weight books without breaking. Furthermore, the growing popularity of marble material-based, sculpture-style book holders is further driving the marble segmental growth. Besides, the marble material-based bookends enhance the aesthetics of a study table and are highly resistant to the surrounding atmosphere. This factor results in significant worldwide population demand for marble-based bookends.
The individual segment is anticipated to hold a leading share of the global bookends market owing to the increasing number of book readers using bookend products at their homes. Nowadays, book readers use bookends and bookshelves to keep reading materials in their living spaces. This factor results in significant household population demand for bookend products and makes the individuals segment generate considerable product revenues. Besides, evolving home remodeling & renovation trends are further accelerating the product demand among households.
The offline segment is expected to exhibit the largest share of the worldwide bookends market since users can flexibly buy bookends from the set of other products as per their requirements from the physical stores. The convenience of instantly picking up such products and trying them out by comparing such products with multiple bookends retailers stimulates the offline distribution channel to hold a major share. Bookstores used to give away free books in specific genres in exchange for the purchase of bookends. Such initiatives by store-based book retailers encourage customers to buy books, which increases the demand for bookends.
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The European region is projected to exhibit the largest global bookend market share during the forecast timeline 2022-29. The region's dominant growth can be attributed to the rising popularity of book reading habits, driving up book consumption. As a result, the region is observing an increase in the demand for bookends from avid readers who prefer collecting books and keeping them organized. The total annual sales revenue of book publishers of the European Union (EU) and European Economic Area (EEA), in 2019 was approximately USD 25.08 Billion, according to the survey conducted by the Federation of European Publishers (FEP). It has increased from 2018, which was USD 25.94 Billion. Additionally, the increasing adoption of sophisticated interior products, including bookends and bookshelves is mainly driving the region’s market growth.
Furthermore, the increasing number of comic book readers in Spain and the U.K. is further driving the bookend products demand in the region.
The report will include key players such as Inter IKEA Systems B.V, Sunlight Stainless Steel Products Co. Ltd., ARCAHORN SRL, Sparkling Hues Gems Pvt. Ltd., Knob Creek Metal Arts, Guangbo Group Stock Co. Ltd., ALESSI SPA, and others.
By Material Type
By Distribution Channel
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