Magazine Advertising Market Opportunities In 2028: USD 8.3 Bn Industry On An Upward Trend
The global magazine advertising market size was valued at USD 11.50 billion in 2021 and is expected to expand at -4.5% from 2022 to 2028.
Magazine Advertising Industry Overview
The global magazine advertising market size was valued at USD 11.50 billion in 2021 and is expected to expand at -4.5% from 2022 to 2028. Magazines have been regularly losing clients for years.
However, growing subscriptions to digital magazines are hampering market development over the forecast period. Moreover, rising customers' inclination toward economical or more affordable alternatives such as online publications over the last couple of years is impeding the market growth. Furthermore, magazine circulation drops in recent years all over the globe is the vital factor that restrains the growth of the market. The rising investment in print advertising by industry verticals such as Automobile, FMCG, and many others to create trust as well as nurture relations with existing customers is driving the market growth.
Gather more insights about the market drivers, restrains and growth of the Global Magazine Advertising Market