Forecast: Value Added of Books, Periodicals and Other Publishing Activities in Mexico

Between 2013 and 2023, the value added of books, periodicals, and other publishing activities in Mexico increased from 11.48 billion to 13.1 billion Mexican Pesos. The most significant annual growth was seen in 2015 at 5.3%, while the lowest was in 2018 with a decline of 3.43%. Over the last two years, growth was relatively steady at 1.2% in 2022 and 1.16% in 2023, reflecting a stable but slow-growing market. The five-year CAGR over this period is 1.55%, showing modest growth.

Looking forward to 2024 and beyond, growth is forecasted to continue at an average rate of 0.83% annually, reaching an estimated 13.8 billion Mexican Pesos by 2028. Future growth trends to watch for include the digital transformation of publishing, increasing e-book adoption, and potential expansions into new media formats. Additionally, economic conditions and consumer spending habits in Mexico will play a significant role in shaping the market.