The children's and young adult book market in the US is likely to fall in 2008, with only slight growth for 2009, says a new Simba Information report, Children's Publishing Market Forecast 2008.
There will be several factors for the fall of more than one per cent, although a key one will be the lack of a new Harry Potter title. The seventh book - Harry Potter and the Deathly Hallows - was responsible for bringing in tremendous amounts of footfall to retailers.
"Publishers have trusted Harry Potter to bring readers to stores for so long, there's just going to be a void next summer that'll be hard to fill," said Michael Norris, the senior analyst of Simba Information's Trade Books Group.
A drop in title output is also expected, with Norris commenting: "Publishers are increasingly putting more marketing dollars behind fewer books to get titles noticed."
Fantasy books continue to lead the business, the report noted.