Emmanuel Macron pleads for a contribution on the second-hand book market. He wants to prevent its players from circumventing the law providing for a single price for new books in France.
He was speaking during a visit to the Paris Book Festival, which opened Friday morning. In 2020, the Xerfi firm estimated this second- hand market at 888 million euros. That of the new one was 4.3 billion euros, according to the GfK firm, which estimates the market at 4.4 billion euros.. France stands out by having been the first country in the world, in 1981, to pass a law imposing a. single price on new books, among other measures to ensure the sustainability of bookstores. This law has since been copied in other countries, including the U.S. and the UK, and has led to a boom in used book sales in the past few years. The market is estimated to be worth more than 4 billion euros in 2020, says Xerfi.