The value added of publishing in Mexico has shown a steady growth from 2013 to 2023, growing from 17.95 billion to 25.83 billion Mexican Pesos, emphasizing its resilience despite minor fluctuations. Notable yearly variations include significant growth periods in 2015 (7.82%) and declines in 2018 (-1.43%), maintaining an overall robust performance with a compound annual growth rate (CAGR) of 2.9% by 2023.
Forecast data from 2024 to 2028 anticipates a continued increase, albeit at a slower pace, with the value projected to reach 28.71 billion Mexican Pesos by 2028. The forecasted 5-year CAGR is 1.67%, indicating a moderate but consistent growth trajectory.
Future trends to watch for:
- Digital transformation and increased e-publishing activities.
- The impact of new technological advancements on traditional publishing.
- Evolving consumer reading habits and their effect on content consumption.
- Regulatory changes and economic conditions influencing the sector's performance.
