Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has declined at a CAGR of 6.5 % over the past five years, to reach an estimated £3.1bn in 2025.
Trends and Insights
Rising costs and shifting ad spend drive magazine publishers’ downturn
- The advertising market for print media has been shrinking in the wake of digital platforms, leaving traditional publishers with a diminished share of advertising revenue. The Advertising Association (AA) reports that advertising spend for magazine brands dropped by 7.2% in 2024 and is expected to fall by another 5.2% in 2025. Since advertising makes up a large share of industry income, these declines have led to notable reductions in overall revenue across the print media sector.
- Additional trends and insights available with purchase
Industry outlook (2025-2030)
Market size is projected to decline over the next five years.
Trends and Insights
Subscription fatigue and economic pressures weigh on publishers
- The sheer volume of digital subscription services has made consumers more selective, often choosing platforms they see as offering better value over digital magazine subscriptions. In 2023, Deloitte Insights found that 28% of consumers felt overwhelmed by managing numerous devices and subscriptions, up from 24% in 2022. This trend looks set to continue, as a 2025 Deloitte report indicates growing consumer fatigue with juggling multiple subscriptions to access desired content, alongside rising frustration with increasing costs. As a result, ongoing subscription fatigue and price concerns may slow revenue growth in the years ahead.
Biggest companies in the Magazine Publishers in the UK
| Company | Market Share (%)
2026 | Revenue (£m)
2026 |
|---|---|---|
Future plc | 207.8 | |
Immediate Media Company Ltd | 140.3 | |
The Economist Newspaper Ltd | 134.8 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Professional periodicals, Entertainment magazines and General-interest magazines. Professional periodicals is the largest segment of the Magazine Publishers in the UK.
Trends and Insights
Entertainment magazines dominate the market
- Entertainment magazines cover arts, culture, leisure and general entertainment. Popular genres within this category include women's, men's, music and puzzle magazines. This segment’s share of revenue is on the rise, as sales have remained resilient.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Products and services covered in the Magazine Publishers industry in the United Kingdom include Professional periodicals, Entertainment magazines, General-interest magazines, Home and living magazines, Current affairs magazines and Other periodicals.Companies
Companies covered in the Magazine Publishers industry in the United Kingdom include Future plc, Immediate Media Company Ltd and The Economist Newspaper Ltd.Purchase this report to view all 5 major companies in this industry.
Related Terms
Related terms covered in the Magazine Publishers industry in the United Kingdom include circulation, readership, consumer magazine and adspend.Industry Code
SIC 58.14/2 - Magazine Publishers in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Publishers are transitioning to digital to survive. Falling print magazine circulation pushes many publishers to shift online. Digital platforms provide new advertising reven...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Professional periodicals stand strong amid the digital shift. Despite the decline in print circulation, professional magazines and periodicals continue to resist the trend, p...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2025
- Product innovation level
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
London is the UK's magazine publishing hub. Its pool of creative labour, the city's high average disposable income and its crucial links with advertising agencies draw publis...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Providing specific content is key to a publisher's success. Targeting a niche market with a narrow focus on lifestyle, travel, culinary, politics or business can help new pub...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Future plc is betting big on personalisation. By rolling out its AI Advisor across dozens of flagship titles, the company is boosting clicks and deepening reader relationship...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Future plc's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Immediate Media Company Ltd's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of The Economist Newspaper Ltd's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Future plc, and factors influencing its performance in the industry
- Description and key data for Immediate Media Company Ltd, and factors influencing its performance in the industry
- Description and key data for The Economist Newspaper Ltd, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
IPSO and IMPRESS regulate magazine publishers. They guarantee ethical journalism by investigating complaints, enforcing corrections and apologies and can levy fines for viola...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability declines amid the digital shift. Rising paper costs and pandemic-induced disruptions have caused revenue losses and lowered print circulation, although digital ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2019-2023)
- Coverage Ratios (2019-2023)
- Leverage Ratios (2019-2023)
- Operating Ratios (2019-2023)
- Assets (2019-2023)
- Liabilities (2019-2023)
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Magazine Publishers industry in the United Kingdom in 2025?
The market size of the Magazine Publishers industry in the United Kingdom is £3.1bn in 2025.
How many businesses are there in the Magazine Publishers industry in the United Kingdom in 2025?
There are 2,046 businesses in the Magazine Publishers industry in the United Kingdom, which has declined at a CAGR of 1.6 % between 2020 and 2025.
How may import tariffs affect the Magazine Publishers industry in the United Kingdom?
The Magazine Publishers industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Magazine Publishers industry in the United Kingdom?
The Magazine Publishers industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Magazine Publishers industry in the United Kingdom grown or declined over the past 5 years?
The market size of the Magazine Publishers industry in the United Kingdom has been declining at a CAGR of 6.5 % between 2020 and 2025.
What is the forecast growth of the Magazine Publishers industry in the United Kingdom over the next 5 years?
Over the next five years, the Magazine Publishers industry in the United Kingdom is expected to decline.
What are the biggest companies in the Magazine Publishers industry in the United Kingdom?
The biggest companies operating in the Magazine Publishers industry in the United Kingdom are Future plc, Immediate Media Company Ltd and The Economist Newspaper Ltd
What does the Magazine Publishers industry in the United Kingdom include?
Professional periodicals and Entertainment magazines are part of the Magazine Publishers industry in the United Kingdom.
Which companies have the highest market share in the Magazine Publishers industry in the United Kingdom?
The company holding the most market share in the Magazine Publishers industry in the United Kingdom is Future plc.
How competitive is the Magazine Publishers industry in the United Kingdom?
The level of competition is moderate and increasing in the Magazine Publishers industry in the United Kingdom.
Methodology
How are IBISWorld reports created?
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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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