Industry Analysis & Industry Trends
The UK Magazine Publishers industry produces and distributes magazines and periodicals aimed at individuals, tradesmen and professionals in print or electronic format. The industry is split between consumer-targeted magazines, which make up 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 and struggled during the slow recovery. When the economy weakened in 2008-09 and 2009-10, advertising was one of the industries hit the hardest because advertising is not cost-efficient when demand is low... 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 2019-20, industry value added (IVA), which measures the industry's contribution to the overall economy, is anticipated to decline at a compound annual rate of 2.6%. Meanwhile, UK GDP is expected to grow at a compound annual rate of 2.2% per year during the period. The industry is considered to be in the declining stage of the industry life cycle as a result.
All the features of the industry's performance are not consistent with declines. Over this period, industry establishments and enterprises are forecast to grow, however this reflects the expansion of smaller niche enterprises, many of which that are entering the online space... purchase to read more