Magazine Publishers in the UK - Industry Research Report

Declining publications: Industry revenue is forecast to fall in 2023-24 due to the cost-of-living crisis and sustained high input prices

The Magazine Publishers industry is split between consumer-targeted magazines, which comprise an estimated 86% of the industry, and professional periodicals, which make up the remaining share. The industry's two main sources of revenue, print sales and advertising, have fallen, as publishers have struggled to cope with declining print sales and significant online competition, which have deterred advertising agencies from print media. Over the five years through 2023-24, revenue is forecast to dwindle at a compound annual rate of 5% to £4.1 billion.

This industry produces and distributes magazines and periodicals that provide entertainment or lifestyle information for individuals, and information for trades or professions. It also includes newsletters, customer magazines produced for businesses and radio and TV guides. The industry’s products can be published in print or electronic form, including on the internet.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.