In 2023, France led European publishing with a turnover of 33.63 billion euros, despite a slight year-on-year decrease of 0.47%. The United Kingdom and Germany followed with values of 25.01 billion and 15.57 billion euros respectively, with Germany experiencing a significant decline of 13.37%. Sweden showed a positive growth of 3.3%, reaching 7.99 billion, while Italy and Spain saw modest declines. Cyprus had remarkable growth of 37.91%, albeit from a smaller base. Other notable positive trends included Romania, Portugal, Denmark, and the Czech Republic. Conversely, Poland, Hungary, and Belgium experienced declines. The overall market shows mixed trends across countries.
Future trends to watch for in the European publishing sector include:
- Emerging digital publishing markets and the potential for increased turnover in countries with currently smaller market sizes.
- Technological advancements and their impact on traditional publishing sectors, especially in Western Europe.
- The role of cultural policies and investments by European governments to support the sector.
- Potential consolidation within the industry, especially in countries facing significant declines.
- Growth opportunities in transitioning markets like Cyprus, Malta, and Romania.
Top countries in Turnover of Publishing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33,630 | 2023 | +2.21% | -0.47% | View data |
| 2 | 2 United Kingdom | 25,010 | 2023 | -0.26% | -0.39% | View data |
| 3 | 3 Germany | 15,570 | 2023 | -23.12% | -13.37% | View data |
| 4 | 4 Sweden | 7,990 | 2023 | +1.54% | +3.3% | View data |
| 5 | 5 Italy | 6,410 | 2023 | -4.37% | -5.71% | View data |
| 6 | 6 Spain | 5,810 | 2023 | +1.03% | -0.6% | View data |
| 7 | 7 Finland | 5,560 | 2023 | +2.4% | +1.51% | View data |
| 8 | 8 Netherlands | 4,840 | 2023 | -2.21% | -1.58% | View data |
| 9 | 9 Cyprus | 4,260 | 2023 | +20.96% | +37.91% | View data |
| 10 | 10 Norway | 4,160 | 2023 | +0.12% | -1.12% | View data |