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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/
