| GfK: Germans are still bookworms |
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12/03/2010 13:59 (701 Day 04:40 minutes ago) | |||||
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The FINANCIAL -- Nuremberg. In spite of living in a digital age of computers and television, the reading of books remains one of the most popular leisure activities. The latest analysis from GfK Panel Services shows that some 36 million Germans bought books last year.
And they did not stop at just one. Over the course of the year, every customer purchased 11 books on average, spending approximately EUR 110 in total. This does not include schoolbooks or specialist literature.
Good news for the publishing industry in the run-up to the Leipzig book fair: in 2009, the year of the crisis, Germans purchased in the region of 400 million books, which is 2% more than in 2008. Enthusiasm for books remains unshaken and the trend is actually growing, with the number of people buying books increasing by 2% last year. Germans are also quite willing to pay for their reading pleasure, spending almost EUR 4 billion on books last year, which is around 3% more overall than in 2008. In addition to this, considerable sales result from public sector institutions such as libraries, from educational and specialist literature and book purchases by foreign residents.
Books also interesting for young people
Significantly fewer books are bought by 30-39 year olds. In 2005, their share was 20%, but they currently only buy 16% of all books. At the same time, the demand for electronic media such as games and films is rising among this age group, though not necessarily for personal consumption but as gifts for their children.
In contrast, Germans aged over 50 are acquiring more reading material than they used to. The considerable share of books for children and young people in their purchases is striking. While parents are increasingly giving their children electronic media, grandparents counterbalance this by buying children’s books. Across all ages it is clear that Germans continue to regard books as the ideal gift. Almost a quarter of books purchased are given as presents.
Books dominate entertainment market
Browsing in bookshops, targeted purchases online
The analysis
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