In 2023, France led the European book publishing industry with a turnover of 6.24 billion euros, showcasing a notable year-on-year increase with an 8.34% rise from the previous year. Germany and the United Kingdom followed, with turnovers of 5.85 and 5.72 billion euros, showing modest increases of 1.37% and 1.18% respectively. Italy and Spain reported turnarounds of 2.95 and 1.86 billion euros, with moderate increases near 1%. Poland, Sweden, and Finland saw slight declines in turnover, while smaller markets like Bulgaria and Iceland exhibited growth. Hungary and Greece experienced significant decreases in turnover by -7.78% and -5.4% respectively.
Future trends to watch in European book publishing include:
- Continued growth in digital publishing, particularly in major markets such as France, Germany, and the UK.
- Potential recovery and growth opportunities in Eastern European markets.
- Shifts towards more environmentally sustainable publishing practices across Europe.
- Increased focus on localization and diversity in publishing to cater to varied cultural and linguistic needs.
Top countries in Turnover of Book Publishing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 6,240 | 2023 | +6.65% | +8.34% | View data |
| 2 | 2 Germany | 5,850 | 2023 | +0.6% | +1.37% | View data |
| 3 | 3 United Kingdom | 5,720 | 2023 | +0.1% | +1.18% | View data |
| 4 | 4 Italy | 2,950 | 2023 | +2.32% | +0.73% | View data |
| 5 | 5 Spain | 1,860 | 2023 | +0.75% | +1.24% | View data |
| 6 | 6 Poland | 836.7 | 2023 | -0.3% | -0.38% | View data |
| 7 | 7 Sweden | 786.5 | 2023 | +0.064% | -0.094% | View data |
| 8 | 8 Belgium | 669.1 | 2023 | -0.3% | -0.88% | View data |
| 9 | 9 Norway | 402.3 | 2023 | -1.42% | -3.48% | View data |
| 10 | 10 Portugal | 366.7 | 2023 | -0.19% | +3.01% | View data |
