Global Print Media Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Global print media market size is expected to reach $377.96 Bn by 2028 at a rate of 2.5%, segmented as by type, directory, mailing list, and other publishers, book publishers, newspaper & magazines publishers

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Global Print Media Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope
Print media refers to publications distributed on paper in the form of printed copies of books, magazines, magazines, and newsletters.

Sizing and Forecast
The print media market size has grown steadily in recent years. It will grow from $332.75 billion in 2023 to $342.41 billion in 2024 at a compound annual growth rate (CAGR) of 2.9%.  The  growth in the historic period can be attributed to reader demographics, advertising trends, globalization and international news, economic conditions, content diversification.

The print media market size is expected to see steady growth in the next few years. It will grow to $377.96 billion in 2028 at a compound annual growth rate (CAGR) of 2.5%.  The growth in the forecast period can be attributed to subscription models and paywalls, sustainability initiatives, community and local focus, brand partnerships and niche audiences, government support and subsidies. Major trends in the forecast period include interactive print technologies, digital integration and hybrid models, competition from digital media, technological shifts in printing, sustainability and eco-friendly practices.

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Segmentation & Regional Insights
The print media market covered in this report is segmented –
1) By Type: Directory, Mailing List, And Other Publishers, Book Publishers, Newspaper & Magazines Publishers
2) By Business Model: Subscription, Advertising
3) By Application: Publishing House, Newspaper Office, Other Applications     

Subsegments Covered: Directory and Mailing List, Other Publishers, Consumer Books, Educational books, Religious Books, Newspapers, Magazines     

Asia-Pacific was the largest region in the print media market in 2023. Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the print media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
E-books sales are growing rapidly in established markets of the USA and Europe. eBooks generated a higher share of revenues than the physical print in developed markets such as the US and UK. According to PWC, total global book publisher revenue will increase, growing at a CAGR 1.7%, during the forecast period. Although the physical book publisher’s industry continues to shrink (-2.8%), this decline is offset by growth in e-books which are predicted to grow at a CAGR of 11.7% in the forecast period. Increasing consumer preference for the digital versions is expected to significantly impact the growth of the market during this period

Key Industry Players
Major companies operating in the print media market report are Apple Inc., Alphabet Inc., Comcast Corporation, Meta Platforms Inc., The Walt Disney Company, viacomCBS Inc., ViacomCBS Inc., Bertelsmann SE & Co. KGaA, Bloomberg L.P., Hearst Corporation, News Corporation, RELX plc, Lagardere SCA, Thomson Reuters Corporation, Axel Springer SE, Hubert Burda Media, QUAD GRAPHICS INC., Gannett Co. Inc., The New York Times Company, Transcontinental Inc., John Wiley & Sons Inc., Scholastic Corporation, Reach plc, Grupo Planeta, National Amusements Inc., Nickelodeon Group, Thrive Advertising Inc., Starborn Media LLC, Olla Group, Refinitiv Holdings Inc.

The print media market report table of contents includes:
1. Executive Summary
2. Print Media Market Characteristics
3. Print Media Product/Service Analysis -Product/Service Examples
4. Print Media Market Trends And Strategies
5. Print Media Market - Macro Economic Scenario
…………..
68. Global Print Media Market Competitive Benchmarking
69. Global Print Media Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Print Media Market
71. Print Media Market Future Outlook and Potential Analysis
72. Appendix