Print Advertising - Turkey

Turkey

Highlights

Ad spending in the Print Advertising market in Turkey is forecasted to reach US$230.60m in 2024.
The largest market within this industry is Newspaper Advertising, with a market volume of US$170.10m in 2024.
When compared globally, the highest ad spending is anticipated the United States, amounting to US$9.61bn in 2024.
By 2030, the number of readers in the Print Advertising market in Turkey is expected to reach 0.0users.
The average ad spending per reader in the Newspaper Advertising market is projected to be US$7.33 in 2024.
Turkey's Print Advertising market is seeing a shift towards digital platforms, reflecting a growing demand for online visibility among businesses in the country.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Print Advertising market in Turkey has been experiencing significant growth in recent years.

Customer preferences: One of the main reasons for this growth is the continued preference for print media among Turkish consumers. Despite the rise of digital advertising, many people in Turkey still enjoy reading newspapers and magazines, and they find print advertisements to be more trustworthy and credible compared to online ads. Additionally, print media allows advertisers to reach a wide audience, including those who may not have access to the internet or prefer not to use digital devices.

Trends in the market: Another trend in the Turkish print advertising market is the increasing use of targeted and personalized advertisements. Advertisers are now focusing on creating customized campaigns that resonate with specific demographics and consumer segments. This approach not only helps to increase the effectiveness of print advertisements but also allows advertisers to optimize their marketing budgets by reaching the right audience. Furthermore, there has been a shift towards more visually appealing and creative print advertisements in Turkey. Advertisers are investing in high-quality graphics, innovative designs, and eye-catching visuals to capture the attention of consumers and stand out in a crowded market. This trend is driven by the desire to create memorable and impactful advertisements that leave a lasting impression on consumers.

Local special circumstances: One of the unique aspects of the Turkish print advertising market is the strong presence of local newspapers and magazines. These publications have a loyal readership and are often seen as trusted sources of information. Advertisers recognize the value of advertising in these local publications to reach specific regional markets and target niche audiences. This localized approach allows advertisers to tailor their messages to the preferences and interests of specific communities, increasing the effectiveness of their campaigns.

Underlying macroeconomic factors: The growth of the print advertising market in Turkey can also be attributed to the country's strong economic performance. Turkey has experienced steady economic growth in recent years, leading to increased consumer spending and business investments. As businesses expand their operations and compete for market share, they are investing in advertising to raise brand awareness and attract customers. The stability and growth of the Turkish economy provide a favorable environment for the print advertising market to thrive. In conclusion, the Print Advertising market in Turkey is experiencing growth due to customer preferences for print media, the adoption of targeted and creative advertisements, the presence of local publications, and the country's strong macroeconomic factors. Advertisers in Turkey are leveraging these trends and circumstances to effectively reach their target audience and drive business growth.

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.