Traditional media publication like that of print media is slowly being challenged by digital media in the modern landscape of media market. In 2021, 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 recent 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 more favored source for news across the country. Between January and February 2021, GMA News Online was the leading online news brand.
Gross value added generated from printing and reproduction of recorded media in the Philippines from 2019 to 2021
(in billion Philippine pesos)
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PSA (Philippines). (January 27, 2022). Gross value added generated from printing and reproduction of recorded media in the Philippines from 2019 to 2021 (in billion Philippine pesos) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/758393/publishing-and-printing-industry-manufacturing-value-added-philippines/
PSA (Philippines). "Gross value added generated from printing and reproduction of recorded media in the Philippines from 2019 to 2021 (in billion Philippine pesos)." Chart. January 27, 2022. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/758393/publishing-and-printing-industry-manufacturing-value-added-philippines/
PSA (Philippines). (2022). Gross value added generated from printing and reproduction of recorded media in the Philippines from 2019 to 2021 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/758393/publishing-and-printing-industry-manufacturing-value-added-philippines/
PSA (Philippines). "Gross Value Added Generated from Printing and Reproduction of Recorded Media in The Philippines from 2019 to 2021 (in Billion Philippine Pesos)." Statista, Statista Inc., 27 Jan 2022, https://www.statista.com/statistics/758393/publishing-and-printing-industry-manufacturing-value-added-philippines/
PSA (Philippines), Gross value added generated from printing and reproduction of recorded media in the Philippines from 2019 to 2021 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/758393/publishing-and-printing-industry-manufacturing-value-added-philippines/ (last visited May 19, 2022)