In 2023, Germany led Europe in journals and periodicals publishing with a turnover of €7.55 billion, while the UK followed at €6.5 billion. Notably, France saw a significant decline of -14.13% year-on-year. Italy and Sweden also experienced substantial declines of -12.44% and -11.26%, respectively. Conversely, Serbia and Spain exhibited growth with increases of 4.19% and 3.06%. This period evidenced widespread declines across Europe, with smaller markets like Iceland and Cyprus seeing dramatic contractions by -19.29% and -19.73%.
Future trends to watch for include digitization and the shift to online publishing, which could provide new revenue streams. Additionally, markets showing resistance to decline, like Germany and Spain, may leverage technological advancement and innovation to maintain leadership. European publishers might focus on niche markets and regional content personalization to combat broader economic challenges.
Top countries in Turnover of Journals and Periodicals Publishing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,550 | 2023 | +2.42% | +0.25% | View data |
| 2 | 2 United Kingdom | 6,500 | 2023 | -1.21% | -1.05% | View data |
| 3 | 3 France | 4,310 | 2023 | -0.4% | -14.13% | View data |
| 4 | 4 Italy | 1,200 | 2023 | -12.67% | -12.44% | View data |
| 5 | 5 Spain | 745.5 | 2023 | +1.32% | +3.06% | View data |
| 6 | 6 Austria | 522 | 2023 | +0.058% | -0.93% | View data |
| 7 | 7 Belgium | 489.9 | 2023 | -1.96% | +0.55% | View data |
| 8 | 8 Norway | 446.4 | 2023 | -4.7% | -5.05% | View data |
| 9 | 9 Sweden | 431.2 | 2023 | -7.8% | -11.26% | View data |
| 10 | 10 Denmark | 405.7 | 2023 | -5.1% | -5.88% | View data |