In 2023, the European publishing turnover was led by France, followed by the United Kingdom and Germany. France experienced a slight decrease of 0.47%, while Germany saw a significant drop by 13.37%. Conversely, smaller markets like Cyprus and Malta showed remarkable growth at 37.91% and 13.78%, respectively. Eastern European countries like Romania and the Czech Republic also exhibited robust growth with more than 6% increases. Overall, varying trends painted a complex picture for the publishing industry, characterized by a mix of decline in major markets and noticeable growth in smaller ones.
Looking forward, the European publishing sector must adapt to digital transformation and evolving consumer preferences, considering challenges in traditional markets and potential growth in digital formats. Emphasis is expected on digital innovation and regional growth strategies, particularly in Eastern Europe, which may outpace other regions in market growth.
Top countries in Turnover of Publishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.33 | 2023 | +2.21% | -0.47% | View data |
| 2 | 2 United Kingdom | 18.09 | 2023 | -0.26% | -0.39% | View data |
| 3 | 3 Germany | 11.27 | 2023 | -23.12% | -13.37% | View data |
| 4 | 4 Sweden | 5.78 | 2023 | +1.54% | +3.3% | View data |
| 5 | 5 Italy | 4.64 | 2023 | -4.37% | -5.71% | View data |
| 6 | 6 Spain | 4.2 | 2023 | +1.03% | -0.6% | View data |
| 7 | 7 Finland | 4.02 | 2023 | +2.4% | +1.51% | View data |
| 8 | 8 Netherlands | 3.5 | 2023 | -2.21% | -1.58% | View data |
| 9 | 9 Cyprus | 3.08 | 2023 | +20.96% | +37.91% | View data |
| 10 | 10 Norway | 3.01 | 2023 | +0.12% | -1.12% | View data |
