The publishing output in Mexico reached 38.87 billion Mexican Pesos in 2023. Over the last two years, there was a significant growth of 20.91% in 2022 followed by a moderate increase of 2.93% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years stood at 2.66%. Looking ahead, the forecast suggests continued growth with an average annual rate of 2.1%, contributing to a projected overall increase of 10.96% from 2024 to 2028.
Future trends to watch for:
- Digital transformation in publishing
- Increased demand for e-books and online content
- Influence of AI in content creation and distribution
- Shifts in consumer preferences towards sustainable publishing practices
