Industry Analysis & Industry Trends
The UK Magazine Publishers industry produces and distributes magazines and periodicals in print or electronic format aimed at individuals, tradesmen and professionals. The industry is split between consumer-targeted magazines, which comprise about two-thirds of the industry, and professional periodicals, which make up the remaining third.
The industry's two main sources of revenue, advertising and print sales, both tumbled during the economic downturn. In addition to the economic crisis and the slow recovery, operators struggled to cope with the rise of digitisation and online alternatives to magazines. As a result, several industry operators transformed their business models, but these changes are still to bear fruit... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Magazine Publishers industry is underperforming when compared with the UK economy. During the 10 years through 2020-21, industry value added (IVA), which measures the industry's contribution to the overall economy, is anticipated to decline at a compound annual rate of 2.7%. Meanwhile, UK GDP is expected to grow at a compound annual rate of 2.1% during the period. As a result, the industry is considered to be in the decline stage of its life cycle.
However, not all the features of the industry are consistent with an industry in its decline stage. Over this period, industry establishments and enterprises are forecast to grow, reflecting the expansion of smaller, niche enterprises, many of which are entering the online space... purchase to read more