From The Telegraph:
Brit’s increasing desire to show off their personality and intellect through their book collections is boosting book sales, but will see sales of e-books fall for the first time ever, consumer analysts have predicted.
According to Mintel sales of physical books are forecast to rise by 6 per cent this year to £1.7 billion while sales of e-books are predicted to fall by 1 per cent to £337 million in 2017.
Over the next five years sales of print books are forecast to grow by 25 per cent to reach £2.1 billion, Mintel said, while e-books will see only marginal year-on-year increases to reach £383 million in 2022.
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More From Mintel
Mintel’s Books and e-books UK 2017 Report reveals that sales of books and e-books are estimated to reach £2.02 billion in 2017, marking an annual increase of 4%.Brits still prefer print, with sales of physical books forecast to rise by 6% this year to £1.7 billion. On the other hand, for the first time ever, sales of e-books are predicted to take a tumble. While the e-book market has grown year-on-year since Mintel began measuring the market (up from £216 million in 2012 to £339 million in 2016), sales are forecast to dip in 2017, falling by 1% to £337 million in 2017.