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Electonic books are simply not convenient. A book, especially American one, printed on very loose and light paper, you can easily carry in a pocket or a purse, take it everywhere, bend, read in any conditions, you can easily take it with you.
With e-book, you need a dedicated, fragile device, which should not be exposed to cold, heat, or sunlight, which needs a working computer to copy the book files from, which needs a USB cable or a charger, and constant recharge.
The e-books have a limited market, as only the dedicated readers will pay for them. The widespread use of the pirate software like Calibre causes e-books to be leaked, in decrypted, de-watermarked form, into the wild.
The physical books is always a better choice for a casual reader, and they are virtually pirate-proof. So they have a guaranteed market, e-books not so much.
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