Newspaper Advertising - Northern Europe

  • Northern Europe
  • Ad spending in the Newspaper Advertising market in Northern Europe is forecasted to reach US$0.54bn in 2024.
  • The ad spending is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of -4.90%, leading to a projected market volume of US$0.42bn by 2029.
  • With a projected market volume of US$5,030.00m in 2024, the majority of revenue will be generated in Northern Europe.
  • In the Newspaper Advertising market of Northern Europe, the number of readers is expected to reach 6.0m users by 2029.
  • The average ad spending per reader in the Newspaper Advertising market in Northern Europe is projected to be US$60.09 in 2024.
  • In Northern Europe, Norway's newspaper advertising market is shifting towards digital platforms to reach a more tech-savvy audience.

Key regions: Australia, France, United States, Japan, United Kingdom

 
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Analyst Opinion

The Newspaper Advertising market in Northern Europe has been experiencing significant trends and developments in recent years. Customer preferences, local special circumstances, and underlying macroeconomic factors have all contributed to these changes. Customer preferences in Northern Europe have shifted towards digital media platforms, resulting in a decline in print newspaper readership. With the rise of smartphones and tablets, consumers are increasingly turning to online news sources for their daily updates. This shift in preference has led to a decrease in newspaper circulation and subsequently, a decline in newspaper advertising. In addition to the changing customer preferences, there are several trends in the market that have impacted the Newspaper Advertising industry in Northern Europe. Firstly, advertisers are now focusing more on targeted and personalized advertising campaigns. With the advancements in technology, advertisers are able to collect and analyze data on consumer behavior, allowing them to tailor their advertisements to specific target audiences. This shift towards targeted advertising has resulted in a decrease in traditional newspaper advertising, as advertisers allocate their budgets towards more effective and efficient digital advertising channels. Furthermore, the rise of social media platforms has also had a significant impact on the Newspaper Advertising market in Northern Europe. Social media platforms provide advertisers with a cost-effective way to reach a large audience and engage with consumers directly. Advertisers are now investing more in social media advertising, as it allows them to create interactive and engaging campaigns that can be easily shared and spread across different platforms. This shift towards social media advertising has further contributed to the decline in newspaper advertising in the region. Local special circumstances in Northern Europe also play a role in the development of the Newspaper Advertising market. For example, countries such as Sweden and Norway have a high internet penetration rate and a tech-savvy population, which has accelerated the shift towards digital advertising. On the other hand, countries like Finland and Denmark have a strong newspaper reading culture, which has resulted in a slower decline in newspaper advertising compared to other countries in the region. Underlying macroeconomic factors, such as economic growth and consumer spending, also influence the Newspaper Advertising market in Northern Europe. During periods of economic downturn, advertisers tend to reduce their advertising budgets, leading to a decline in newspaper advertising. Conversely, during periods of economic growth, advertisers are more willing to invest in advertising, which can positively impact the newspaper advertising market. In conclusion, the Newspaper Advertising market in Northern Europe is experiencing significant changes due to shifting customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The rise of digital media platforms, targeted advertising, and social media advertising have all contributed to the decline in newspaper advertising in the region. However, it is important to note that the extent of this decline varies across different countries in Northern Europe, depending on their specific local circumstances and consumer behaviors.

Methodology

Data coverage:

Data encompasses enterprises (B2B). Figures are based on newspaper advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising in printed newspapers.

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.

Overview

  • Ad Spending
  • Key Players
  • Analyst Opinion
  • Reach
  • Global Comparison
  • Methodology
  • Key Market Indicators
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