The forecasted book publishing turnover in Belgium shows a gradual decline from 2024 to 2028. In 2023, the actual turnover stood at EUR 659.9 million. The year-on-year percentage variation reveals a consistent decrease, with a decline of 0.5% in 2024, 0.52% in 2025, 0.52% in 2026, and 0.52% in 2027 and 2028. Over the past five years, the compound annual growth rate (CAGR) indicates an average yearly decline of approximately 0.53%.
Future trends to watch for include the impact of digital publishing on traditional book sales, potential changes in consumer reading habits, and economic factors that could affect discretionary spending on books. The evolution of e-books and audiobooks might further influence the market dynamics.
