The market is dominated by domestic suppliers, as imports account for 14.7% of total market size in 2022. Households drive market demand, with household spending representing 57.3% of total demand in 2022. The UK has the second largest market size for publishing of recorded audio media regionally, with demand reaching USD4.7 billion in 2022. Sony/ATV Music Publishing LLC is the largest company in the UK, generating 16.6% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 25.6% of total production value in 2022. The total number of companies increases in 2022, to 5,121 units. The costs of the industry increase by 3.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.5% of production value in 2022, the fifth highest regionally. The industry’s exports share increases in 2022 to 11.6% of total production output. With production value of USD3.2 billion, the UK accounts for 27.7% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Publishing of Recorded Audio Media in the United Kingdom: ISIC 2213. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Publishing of Recorded Audio Media in the United Kingdom: ISIC 2213 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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