In 2024, Italy leads Europe in the number of high-growth enterprises in books and periodicals publishing, with 55 businesses, reflecting a modest 2.76% increase from the previous year. Hungary and the Czech Republic follow, with notable year-on-year growth rates of 15.63% and 21.67%, respectively. Conversely, Lithuania and Norway experienced declines, with reductions of 10.46% and 7.79%. Over the past five years, we've observed an upward trend in most countries, attributed to technological advancements and evolving consumer preferences, enhancing the sector's dynamics.
Future trends to watch include:
- Digital transformation impacting traditional publishing.
- Innovation in content delivery methods.
- Emergence of niche publishing markets.
- Increased focus on sustainable business practices.
- Potential market consolidation via mergers and acquisitions.
Top countries in Number of High Growth Enterprises in Books, Periodicals Publishing by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55 | 2023 | +12.24% | +2.76% | View data |
| 2 | 2 Hungary | 31 | 2023 | +14.81% | +15.63% | View data |
| 3 | 3 Czech Republic | 16 | 2023 | +14.29% | +21.67% | View data |
| 4 | 4 Portugal | 13 | 2023 | 0% | +6.47% | View data |
| 5 | 5 Lithuania | 9 | 2023 | 0% | -10.46% | View data |
| 6 | 6 Romania | 7 | 2023 | 0% | +6.96% | View data |
| 7 | 7 Slovakia | 6 | 2023 | 0% | +3.71% | View data |
| 8 | 8 Latvia | 3 | 2023 | 0% | 0% | View data |
| 9 | 9 Norway | 2 | 2023 | 0% | -7.79% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | View data |
