The sale of printed books fell by 98 million pounds in 2013, which is a 6.5 percent drop from 2012, due to the continued growth of the digital e-book market.
According to Nielsen BookScan data, a total of 1.416 billion pounds was spent on paperbacks and hardbacks in the 52-week period up to 28 December, the BBC reported.
The data has also revealed that the total number of printed books sold dropped even further, with 9.8 percent to just 183.9 million, and recent consumer data figures have shown that more than two million UK users have joined the digital book market in the first nine months of 2013.
The Bookseller has claimed that the fall in value of the book market was also due to the slowdown in sales of EL James's Fifty Shades novels.
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