Industry Analysis & Industry Trends
Falling demand from consumers and advertisers has damaged the Magazine and Periodical Publishing industry. Industry operators have only slowly recaptured some lost revenue with digital offerings of magazines and periodicals. Moreover, deteriorating demand, coupled with changing industry assistance has forced many operators to close or reduce total operations. Nonetheless, in the five years to 2018, industry revenue is expected to rebound somewhat, driven by rising consumer disposable income and increased digital diversification... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Magazine and Periodical Publishing industry is in the decline phase of its life cycle. The industry value added (IVA), which measures the industry's contribution to the economy, has declined 0.8% annually in the five years to 2018. Comparatively, the overall GDP is expected to grow 2.6% in the ten years to 2018. Industry operators have been forced to close at a rapid rate of 3.0% annually during the ten-year period, as declining demand and profit forced many operators to exit the industry.
Increasing consumer demand for digital rather than print products has caused the industry's overall decline. Lessened demand for print products, particularly magazines and periodicals, has decreased the amount of revenue generated from magazine sales and subscriptions... purchase to read more