Forecast: Production of Publishing in Belgium

The production of publishing in Belgium stood at 2.95 billion euros in 2023. Over the years, the market has experienced fluctuations with periods of growth and decline, highlighted by a significant drop in 2020, followed by recovery. The year-on-year variation for 2022 and 2023 was -2.01% and -0.058% respectively. The compound annual growth rate (CAGR) over the past five years was -0.63%, indicating a slight downward trend. Forecasts suggest stability, with production expected to remain around 2.94-2.95 billion euros from 2024 to 2028, showing a -0.05% CAGR and a -0.25% forecasted 5-year growth rate. Key future trends to watch include:

  • Digitization and its impact on traditional publishing revenues.
  • Shifts in consumer preferences toward digital content.
  • Evolving business models and the role of new technologies in the publishing industry.

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