Cover 1 Final Layout Draft


 

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Magazine Industry Data

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  Industry Data   General   - The broad term for the magazine industry is the ‘magazine publishing industry’ or ‘periodical publishing industry,’ the latter of which encompassing other print products such as newspapers. It focuses on producing and distributing magazines both in print and online.   - In 2021, the global magazine industry was valued at $123.93bn but has been projected to decline at an annual growth rate of around –2.3% between 2022-2028. - In the UK, the magazine industry is expected to value at approximately $5.14bn in 2025 and is expected to decline annually by 2.63%. According to Statista, by 2030, it is expected to reach a value of $4.50bn.   - The industry has been significantly challenged by the move to digital media, so the industries have had to innovate how they present content and ensure a retained audience.   - Audiences primarily consumed magazines online in the UK, between 2021 and 2023.   - Between 2019 to March 2020, the...
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