The Print Advertising market in Asia is experiencing significant growth due to changing customer preferences and local special circumstances.
Customer preferences: Customers in Asia still value print advertising as a trusted and reliable source of information. Many consumers prefer the tangible nature of print ads, as they can easily refer back to them and take their time to absorb the content. In addition, print ads have a longer shelf life compared to digital ads, which can be easily ignored or forgotten in the sea of online content. This preference for print advertising is particularly strong in countries with a large elderly population, who may not be as tech-savvy or comfortable with digital platforms.
Trends in the market: One of the key trends in the print advertising market in Asia is the rise of localized and targeted campaigns. Advertisers are increasingly tailoring their print ads to specific regions or demographic groups to maximize their impact. This trend is driven by the diverse and fragmented nature of the Asian market, where each country has its own unique cultural and linguistic characteristics. By creating localized campaigns, advertisers can better connect with their target audience and increase the effectiveness of their print ads. Another trend in the market is the integration of print and digital advertising. Many advertisers are now using print ads as a gateway to digital content, such as QR codes or website links. This allows them to track the effectiveness of their print ads and engage with customers in a more interactive and measurable way. By combining the strengths of both print and digital advertising, advertisers can create a more holistic and integrated marketing strategy.
Local special circumstances: Asia is a diverse region with a wide range of local special circumstances that impact the print advertising market. For example, in countries with strict internet censorship, such as China, print advertising provides a more reliable and accessible platform for advertisers to reach their target audience. In addition, the high mobile penetration rate in Asia has led to an increase in mobile advertising, which often includes print ads in newspapers or magazines. This unique combination of factors has contributed to the growth of the print advertising market in Asia.
Underlying macroeconomic factors: The growth of the print advertising market in Asia can also be attributed to underlying macroeconomic factors. As the economies in Asia continue to grow and develop, there is an increasing demand for advertising and marketing services. This is driven by the rise of the middle class, increased consumer spending, and the emergence of new industries and sectors. Advertisers are capitalizing on these opportunities by investing in print advertising to promote their products and services to a growing customer base. In conclusion, the Print Advertising market in Asia is experiencing growth due to changing customer preferences, the rise of localized and targeted campaigns, the integration of print and digital advertising, local special circumstances, and underlying macroeconomic factors. This market trend is expected to continue as advertisers recognize the value and effectiveness of print advertising in reaching and engaging with their target audience in Asia.
Data coverage:
Data encompasses enterprises (B2B). Figures are based on print advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising in physical print editions (newspapers and magazines).Modeling approach:
Market size is determined by a combined top-down and bottom-up approach. We use industry association reports, third-party reports, and survey results from our primary research (e.g., Consumer Insights Global Survey) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, population, urban population, and education index.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market. For instance, the S-curve function is well suited to forecast digital products due to the non-linear growth of technology adoption, whereas exponential trend smoothing (ETS) is more suited for projecting steady growth in traditional advertising markets.Additional notes:
Data is modeled using current exchange rates. The impacts of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
