GVA of printing and reproduction of recorded media Philippines 2008-2023
Traditional media publication like that of print media is slowly being challenged by digital media in the modern landscape of media market. In 2023, the manufacturing value added of the printing and reproduction of recorded media industry in the Philippines was valued at approximately 33 billion Philippine pesos.
Readers
Within the country, at least 49.2 percent of the local readers read books once a week. According to the readers, reading books expands their knowledge, helps them keep up with current events happening in the world, and improves their reading ability along with grammar, comprehension, and vocabulary. The Philippines is an English-speaking nation hence majority of public documents and books are all published in English.
Newspaper market
In a survey conducted in the Philippines in 2018, only 13 percent reported reading tabloids in the past 12 months. Digital media, including social media, emerged as the most preferred source for news across the country, however, offline news consumption still exists.
Readers
Within the country, at least 49.2 percent of the local readers read books once a week. According to the readers, reading books expands their knowledge, helps them keep up with current events happening in the world, and improves their reading ability along with grammar, comprehension, and vocabulary. The Philippines is an English-speaking nation hence majority of public documents and books are all published in English.
Newspaper market
In a survey conducted in the Philippines in 2018, only 13 percent reported reading tabloids in the past 12 months. Digital media, including social media, emerged as the most preferred source for news across the country, however, offline news consumption still exists.
