Forecast: Production of Books, Periodicals and Other Publishing Activities in Belgium

The production of books, periodicals, and other publishing activities in Belgium has exhibited a generally downward trend from 2013 to 2023, standing at 2.46 billion euros in 2023. This period was marked by variability in year-on-year changes and compound annual growth rates (CAGR), peaking in 2014 with an 8.23% increase and shrinking notably by 16.26% in 2020. Over the last 5 years, the average annual decline was 2.2%, while future forecasts predict a continued downward trajectory with a 1.08% average annual decrease until 2028.

Future trends to watch for:

• Impact of digital transformation on traditional publishing
• Potential market consolidation and mergers
• Emergence of new distribution channels and platforms
• Shifts in consumer behavior and content consumption patterns