Magazine and Book Publishing in New Zealand - Industry Market Research Report

In a Bind: Revenue Has Fallen Substantially Due to Weak Demand During the Covid-19 Pandemic

The Magazine and Book Publishing industry has struggled, as competition from online media has increasingly disrupted the industry's traditional operating model. Industry revenue is expected to decline at an annualised 6.7% over the five years through 2021-22, to $311.1 million. Extended periods of fluctuating COVID-19 Alert Level restrictions have significantly affected the industry's performance over the two years through 2021-22, as volatile economic conditions have led to advertisers sharply reducing their spending. Additionally, publishers generally supply retailers with books and magazines, which are then sold to consumers. Therefore, falling demand from the Newspaper and Book Retailing industry is anticipated to contribute to industry revenue declining by 9.9% in 2021-22.

Industry operators publish books, magazines, newsletters, comic books, atlases, textbooks and other products. The industry excludes online-only publishers, but includes the revenue of firms with both online and print publications.

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.