Forecast: Production of Publishing in Mexico

The production of publishing in Mexico has shown a steady increase from 2013 to 2023, reaching 46.68 billion Mexican Pesos in 2023. There were fluctuations throughout the past decade, including some notable dips in 2018 and 2020. Over the last two years, the production saw a modest increase of 2.1% year-on-year from 2022 to 2023. Over the last five years leading up to 2023, the CAGR was 2.57%, indicating consistent annual growth.

Looking ahead, from 2024 onward, the production is forecasted to continue to grow, with an expected CAGR of 1.6% over the next five years. By 2028, the industry is projected to have grown by 8.27% from its 2023 level.

Future trends to watch for in the Mexican publishing industry include the impact of digital transformation, shifts in consumer behavior towards online content, and the influence of global media conglomerates entering the market. These factors could shape the growth trajectory and competitive landscape of the industry.