The production value in the Belgian publishing sector has experienced significant fluctuations from 2013 to 2023, with recent years showing a negative trend. After reaching a peak value of €3.15 billion in 2017, the value steadily declined to €2.28 billion in 2023, demonstrating a negative year-on-year variation of -3.78% in 2023. The last five-year CAGR leading up to 2023 is -3.38%, reflecting a consistent downward trend.
Future Trends to Watch
The forecast until 2028 indicates a continuing decline, with production values projected to drop to €1.84 billion, representing a forecasted average annual decrease of -3.38%. Market players should watch for digital transformation, shifts in consumer behavior towards digital media, and emerging technologies impacting traditional publishing.
