In 2020, TikTok advertising spending of the global clothing and accessories industry stood at 95 million U.S. dollars. The source expects the expenditure to increase to 1.77 billion U.S. dollars by the end of 2023. For the retail industry, the spending is projected to increase from 73 million to 1.68 billion in the same time period.
Industries with the highest TikTok advertising spending worldwide from 2020 to 2023
(in million U.S. dollars)
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Statista. (March 31, 2023). Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/
Statista. "Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars)." Chart. March 31, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/
Statista. (2023). Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/
Statista. "Industries with The Highest Tiktok Advertising Spending Worldwide from 2020 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/
Statista, Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/ (last visited November 21, 2024)
Industries with the highest TikTok advertising spending worldwide from 2020 to 2023 (in million U.S. dollars) [Graph], Statista, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/1376421/tiktok-ad-revenue-industry/
