2020
9
UK Magazines Market Report 2020
2021-01-22T03:02:46+00:00
OX990126
2195
132943
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Report
en_GB
“While some genres have performed well since the outbreak, such as cooking, gardening and news magazines, most titles are simply trying to weather the storm, while developing their digital platforms.

UK Magazines Market Report 2020

£ 2,195 (Excl.Tax)

Report Summary

Providing the most comprehensive and up-to-date information and analysis of the UK Magazine market, including the behaviours, preferences and habits of the consumer.

The lockdowns in March 2020 from the COVID-19 pandemic has caused a decline for the UK magazine market. With stay-at-home orders limiting the occasions to buy physical magazines, print circulation declined by 10%. However, there was a boost to online readership, with online magazine platforms growing more and more popular.

Thanks to the extra free time many had during the early lockdowns, 48% of magazine readers report having learned about a new hobby or interest through a magazine. This increased interests in hobbies has seen sales of gardening magazines remain strong, although all genres of magazine have seen a decline in readership during 2020.

With lockdowns announced for January 2021, the market will have a relatively slow recovery. Economic uncertainty and job losses may also see people tightening their budgets and avoiding non-essential purchases. However, with the increased online readership there are opportunities for magazines to innovate better online platforms to attract a wider digital readership. Netflix-style subscription models could provide both adults and children access to a variety of different magazine genres.

Read on to discover more details or take a look at all of our UK Media, Books and Stationary market research.

Quickly understand

  • The impact of COVID-19 on the magazine market.
  • Forecast for UK print circulation of consumer print magazines.
  • The performance of different magazine genres and titles.
  • Print and digital magazine purchasing habits.
  • Interest in different types of magazine videos.
  • Parents’ purchasing of magazines for their children.

Covered in this report

Free Print Magazines: Tesco Magazine, Stylist, Asda Good Living, ES Magazine, Waitrose & Partners Health, Time Out, Legion, Harrods Magazine.

Paid Print Magazines: TV Choice, What’s on TV, Slimming World Magazine, Radio Times, Saga Magazine, Yours, Bella, Total TV Guide, Grazia, Heat, Cosmopolitan, Vouge, OK!, New!, Q.

Digital Magazines: NME, Apple News+, Readly, New Scientist, Prospect, The Spectator, T3, Stuff, Time Magazine, HELLO!, Woman & Home, Olive, Heat, delicious, Closer, Grazia.

Current Affairs Magazines: Private Eye, The Economist, The Week, The Week Junior, The Spectator.

Interest Magazines: National Geographic, Official Xbox Magazine, BBC Gardener’s World, BBC Good Food, Good Housekeeping, BBC Easy Cook, Camping and Caravanning,

Men’s Lifestyle Magazines: Men’s Health, GQ, Esquire, Wired, BBC Science Focus.

Woman’s Weekly Print Magazines: Woman’s Weekly, Take a Break, Woman’s Own, Chat, That’s Life, Closer, Cosmopolitan, Vouge.

Expert analysis from a specialist in the field

Written by Rebecca McGrath, a leading analyst in the Technology and Media sector, her extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

While some genres have performed well since the outbreak, such as cooking, gardening and news magazines, most titles are simply trying to weather the storm, while developing their digital platforms. There are, though, more indications that multi-magazine subscriptions could be a viable and successful option for the market going forward.

Rebecca McGrath
Media Analyst

Table of Contents

  1. Overview

    • What you need to know
    • Key issues covered in this Report
    • COVID-19: Market context
    • Impact of the January lockdown and the vaccination rollout
    • Economic and other assumptions
    • Products covered in this Report
  2. Executive Summary

    • Impact of COVID-19 on magazines
      • Figure 1: Short, medium and long-term impact of COVID-19 on magazines, prepared 11 January 2020
    • The Market
    • Mintel forecasts a 10% decline in print circulation in 2020
      • Figure 2: Market forecast for UK circulation of print magazines, 2015-25
    • Gardening and news magazines perform strongly in 2020
    • Key Players
    • Digital Spy launches exclusive magazine on Apple News+
    • Magazines launch virtual events
    • The Consumer
    • Outbreak boosts online readership of magazines
      • Figure 3: Impact of COVID-19 on magazine readership, 20-31 August 2020
    • Escapism and relaxation are particular magazine qualities to promote during the pandemic
      • Figure 4: Magazine behaviour since COVID-19 outbreak, 20-31 August 2020
    • Virtual events can be a long-term option for publishers
      • Figure 5: Interest in virtual magazine events, 20-31 August 2020
    • Readership of all magazine genres has fallen during the pandemic compared to 2019
      • Figure 6: Magazines readership, by genre and format, 20-31 August 2020
      • Figure 7: Magazines readership, by genre (NET), August 2019 and 20-31 August 2020
    • Using online delivery services to encourage spontaneous purchasing of print magazines
      • Figure 8: Print magazines purchasing, August 2019 and 20-31 August 2020
    • Fewer people are paying for digital content
      • Figure 9: Digital magazine purchasing, August 2019 and 20-31 August 2020
      • Figure 10: Magazine website/app purchasing, August 2019 and 20-31 August 2020
    • Instructional videos are the most popular magazine videos
      • Figure 11: Interest in magazine videos, 20-31 August 2020
    • Parents turn to children’s news magazines during pandemic
      • Figure 12: Parents’ purchase of children’s magazines, 20-31 August 2020
      • Figure 13: Type of children’s magazine purchases, 20-31 August 2020
    • Increasing diversity in children’s magazines will boost interest among both kids and parents
      • Figure 14: Reasons for buying children’s magazines, 20-31 August 2020
  3. Issues and Insights

    • With the print market hit hard by the pandemic, digital platforms are more important than ever
    • The Netflix model is better suited to magazines than newspapers
  4. The Market – Key Takeaways

    • Print circulation sees significant drop in 2020
    • Publishers close print titles
    • Some magazines see subscriber and digital growth
    • Reduced adspend from brands heightens difficulties
  5. Market Size and Forecast

    • COVID-19 outbreak accelerates trend away from print
      • Figure 15: Short, medium and long-term impact of COVID-19 on magazines, prepared 11 January 2020
    • Mintel forecasts a 10% decline in print circulation in 2020
      • Figure 16: Market forecast for UK circulation of print magazines, 2015-25
      • Figure 17: Market forecast for UK circulation of print magazines, 2015-25
    • Market drivers and assumptions
      • Figure 18: Key drivers affecting Mintel’s market forecast, 2015-25 (prepared on 11 January 2020)
    • Learnings from the last recession
      • Figure 19: Estimated volume of UK print magazines distributed, 2006-12
    • Forecast methodology
  6. Market Segmentation

    • Paid print circulation dropped significantly in 2019
      • Figure 20: Average circulation for top 10 UK/RoI paid print magazines, six months to month end, 2017-19
    • Gardening and news magazines perform strongly in 2020
    • The Week Junior is the strongest-performing title year-on-year
      • Figure 21: Average circulation for top 20 UK/RoI paid print magazines, six months to month end, 2019 and 2020
    • Free print magazines continue to perform better than paid magazines
      • Figure 22: Average circulation for top 10 UK/RoI free print magazines, six months to month end, 2017-19
      • Figure 23: Average circulation for top 5 UK/RoI free print magazines, six months to month end, 2019 and 2020
    • News magazines hold relatively strong
      • Figure 24: Average circulation for top 5 UK/RoI news and current affairs print magazines, six months to month end, 2017-20
    • Men’s lifestyle and women’s weekly magazines continue to decline
      • Figure 25: Average circulation for top 5 UK/RoI men’s lifestyle print magazines, six months to month end, 2017-19
      • Figure 26: Average circulation for top 5 UK/RoI women’s weekly print magazines, six months to month end, 2017-19
    • Digital magazines were not performing particularly well prior to outbreak
      • Figure 27: Average UK/RoI circulation for top 10 digital magazines, 2017-19
      • Figure 28: Average UK/RoI circulation for top 10 digital magazines, 2019-20
    • Digital subscriptions are not a straightforward growth story for many magazines
      • Figure 29: Paid UK/RoI digital subscriptions, 2018 and 2019
      • Figure 30: Paid UK/RoI digital subscriptions, 2019-20
  7. Market Drivers

    • Impact of the January 2021 lockdown
    • People have been spending less on magazines since the outbreak of COVID-19
      • Figure 31: Impact of COVID-19 on time spent doing media activities, 2-14 July 2020
      • Figure 32: Impact of COVID-19 on amount spent on media content, 2-14 July 2020
    • The outbreak has reduced the occasions people read magazines
      • Figure 33: Situations where magazines were read, September 2016
    • Print production suspended at many titles
    • Magazines close as more titles become unsustainable during the pandemic
    • Some magazines and publishers report a slightly more positive picture
    • Advertisers pull back leading to a drop in advertising revenue
    • Problem of advertiser blacklists is further highlighted during pandemic
    • Pandemic puts focus back on home deliveries
    • UK government removes VAT on digital magazines early
    • Future completes takeover of TI Media
  8. Companies and Brands – Key Takeaways

    • Magazines experiment with virtual events
    • Readly and Apple News+ show potential of multi-magazine subscriptions
    • Diversity and inclusion are a greater focus
  9. Launch Activity and Innovation

    • Titles adapt to COVID-19 outbreak in different ways
    • The Big Issue begins to be sold in supermarkets
    • Time Out become Time In
    • Magazines launch virtual events
    • Digital Spy launches exclusive magazine on Apple News+
    • Readly launches perfectly timed campaign
    • Harry Styles becomes first man to have a solo Vogue cover
    • Racial intolerance in Vogue’s past is brought to the forefront
    • Mum launches magazines for Black children, to fill gap in the market
    • Vogue Cover Challenge demonstrates potential of TikTok
    • Future buys GoCompare as the publisher focuses more on product recommendations
    • John Lewis launches new magazine
    • Men’s Health partners with MunchFit for delivery service
  10. Advertising and Marketing Activity

    • Magazine publishers’ traditional adspend in decline
      • Figure 34: Total above-the-line, online display and direct mail advertising expenditure on magazines, 2016-20 (up to 24 November 2020)
      • Figure 35: Top 10 advertisers in the magazine market, 2016-20 (up to 24 November 2020)
    • Nielsen Ad Intel coverage
  11. Brand Research – Current Affairs

    • Brand map
      • Figure 36: Attitudes towards and usage of selected brands, November 2020
    • Key brand metrics
      • Figure 37: Key metrics for selected brands, November 2020
    • Brand attitudes: The Economist is viewed as offering consistent quality
      • Figure 38: Attitudes, by brand, November 2020
    • Brand personality: Private Eye is strongly associated with fun
      • Figure 39: Brand personality – macro image, November 2020
    • The Economist and The Week lead with way for credibility
      • Figure 40: Brand personality – micro image, November 2020
    • Brand analysis
    • Readers are satisfied with Private Eye
      • Figure 41: User profile of Private Eye, November 2020
    • The Economist is the most trusted current affairs magazine
      • Figure 42: User profile of The Economist, November 2020
    • The Spectator is the least trusted current affairs magazine
      • Figure 43: User profile of The Spectator, November 2020
    • Fewer people are aware of The Week
      • Figure 44: User profile of The Week, November 2020
  12. Brand Research – Women’s Magazines

    • Brand map
      • Figure 45: Attitudes towards and usage of selected brands, November 2020
    • Key brand metrics
      • Figure 46: Key metrics for selected brands, November 2020
    • Brand attitudes: Good Housekeeping stands out for quality and trust
      • Figure 47: Attitudes, by brand, November 2020
    • Brand personality: Prima is associated with fun
      • Figure 48: Brand personality – macro image, November 2020
    • Yours is cool but low-brow
      • Figure 49: Brand personality – micro image, November 2020
    • Brand analysis
    • There is high awareness of Good Housekeeping
      • Figure 50: User profile of Good Housekeeping, November 2020
    • Women don’t feel Prima is addressing them as an individual
      • Figure 51: User profile of Prima, November 2020
    • Woman & Home’s brand image is weaker than Good Housekeeping’s
      • Figure 52: User profile of Woman & Home, November 2020
    • Yours read more by women from low-income households
      • Figure 53: User profile of Yours, November 2020
  13. The Consumer – Key Takeaways

    • People turn to magazines during the pandemic for relaxation and information
    • Magazines shouldn’t dismiss virtual events once the pandemic ends
    • Room for greater experimentation with celebrity interviews and scripted comedy videos
    • Children’s news magazines appeal to parents
  14. Impact of COVID-19 on Consumer Behaviour

    • Outbreak boosts online readership of magazines
      • Figure 54: Impact of COVID-19 on magazine readership, 20-31 August 2020
    • Escapism and relaxation are particular magazine qualities to promote during the pandemic
    • People turn to magazines to learn about their in-home hobbies
      • Figure 55: Magazine behaviour since COVID-19 outbreak, 20-31 August 2020
    • People’s desire to support magazines is a positive indication of their loyalty
    • Virtual events can be a long-term option for publishers
      • Figure 56: Interest in virtual magazine events, 20-31 August 2020
  15. Magazine Readership

    • Readership of all magazine genres has fallen during the pandemic compared to 2019
      • Figure 57: Magazines readership, by genre and format, 20-31 August 2020
      • Figure 58: Magazines readership, by genre (NET), August 2019 and 20-31 August 2020
    • Many read multiple genres highlighting why multi-magazine subscriptions can play a strong role
      • Figure 59: Repertoire of magazine genres read, by age, 20-31 August 2020
  16. Magazine Purchasing

    • Using online delivery services to encourage spontaneous purchasing of print magazines
      • Figure 60: Print magazines purchasing, August 2019 and 20-31 August 2020
    • Fewer people are paying for digital content
      • Figure 61: Digital magazine purchasing, August 2019 and 20-31 August 2020
      • Figure 62: Magazine website/app purchasing, August 2019 and 20-31 August 2020
    • Multi-magazine subscriptions are likely to be one of the most successful models going forward
  17. Interest in Magazine Videos

    • Instructional videos are the most popular magazine videos
      • Figure 63: Interest in magazine videos, 20-31 August 2020
      • Figure 64: Interest in magazine videos, by age, 20-31 August 2020
    • More in-depth and informal celebrity interviews could prove strongest draw for younger readers
    • More magazines could move into scripted content through comedy sketches
  18. Children’s Magazines

    • Parents turn to children’s news magazines during pandemic
      • Figure 65: Parents’ purchase of children’s magazines, 20-31 August 2020
      • Figure 66: Type of children’s magazine purchases, 20-31 August 2020
    • Increasing diversity in children’s magazines will boost interest among both kids and parents
      • Figure 67: Reasons for buying children’s magazines, 20-31 August 2020
    • Encouraging parents to read print magazines with their children
    • Digital gifts can be made more prominent by magazines
  19. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations
    • Consumer research methodology

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

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Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

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*databooks not available with UK B2B Industry reports.

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