The market is dominated by domestic suppliers, as imports account for 13.3% of total market size in 2023. Households drive market demand, with household spending representing 60.0% of total demand in 2023. The UK has the second largest market size for publishing of recorded audio media regionally, with demand reaching USD7.5 billion in 2023. Sony/ATV Music Publishing LLC is the largest company in the UK, generating 16.2% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 24.9% of total production value in 2023. The total number of companies decreases in 2023, to 4,854 units. The costs of the industry increase by 8.9% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 23.0% of production value in 2023, the fifth highest regionally. The industry’s exports share decreases in 2023 to 9.2% of total production output. With production value of USD4.3 billion, the UK accounts for % of the Western Europe total in 2023.
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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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