Simplicity
xlrd provides a straightforward and easy-to-use API for reading Excel files, making it accessible for beginners and quick implementations.
Widely Used
xlrd has been a popular choice for handling Excel files in Python, which means there is a lot of available documentation and community support.
Efficient Reading
It is optimized for reading data from Excel files without loading entire data into memory, which is beneficial for handling large files.
So to get this out of the way first, xlrd has less features than openpyxl and in addition only works with the old '.xls' format, not the newer '.xlsx' format. Even on the xlrd's Github repo it says: 'Please use openpyxl where you can... '. Source: about 3 years ago
There are few alternative libraries for reading and writing excel files: Pandas, Xlrd , openpyxl among others. In the end I settled for openpyxl as I had the most experience Using it and it had support for .xlsx files. - Source: dev.to / about 4 years ago
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