Jane Leung
Aug 10, 2010

China ad spend reaches US$41 billion in first half of 2010 : CTR

BEIJING – Advertising expenditure has grown 17 per cent to US$41 billion in the first half of the year for China, according to CTR Market Research.

China ad spend reaches US$41 billion in first half of 2010 : CTR

The growth percentage for the first six months is the highest in four years. Based on that, CTR has adjusted its estimated growth rate for 2010 from 10 to 13 per cent following a prediction earlier this year.

Spending on television still takes up 78 per cent of the media share. However, TV has the smallest percentage growth (15 per cent) compared to other media. Total spending on TV is US$33 billion, dropping 13 per cent from the same period last year. This is partly due to the policy adjustment of State Administration of Radio, Film and Television (SARFT).

Newspaper records US$5 billion in total ad expenditure followed by outdoor (US$2 billion), magazine (US$1 billion) and radio (US$960 million). Radio surprisingly enjoys the highest percentage growth (35 per cent) due to an increase in mobile activity.

Outdoor spending is slightly affected by the recent governmental restrictions leading up to the Shanghai Word Expo and the Guangzhou Asian Games.

The cosmetic and toiletry industries hold the top spot for industry spending with US$6.4 billion, increasing 26 per cent. Business and services sums to US$5.12 billion, followed by beverage with US$4.96 billion, foodstuff with US$4.07 billion and pharmaceutical with US$3.74 billion.

The Chinese household appliances, transportation and home product industries are labeled as ‘emerging advertisers’ with the most sizeable growth at 71 per cent, 48 per cent and 43 per cent respectively.

 

 

  • Figures are in billions of US$ based on rate card without considering any kind of discount and free advertisement.

  • Measured media in China covers TV, newspaper, magazine, radio, outdoor (including subway)

  • TV monitored period: 17:00-24:00

 

For more local breaking news from China, Hong Kong, Taiwan and Macau, go to en.campaignchina.com.

Source:
Campaign China

Related Articles

Just Published

59 minutes ago

Majority of marketers are unprepared to combat ...

A report from Forrester highlights the risks that companies face from deepfakes, as well as the current inadequate state of preparation to combat the problem.

3 hours ago

Why Tim Hortons went with a hockey theme for its ...

The ad by Gut is undeniably patriotic, but was not a “tariff brief.’

22 hours ago

Gen Z predictions for Super Bowl LIX

Influencers, pop culture and Taylor Swift still run the show, says Merritt Group’s Sofia Staub.

23 hours ago

Dentsu Creative's global ECDs Darren Urquhart and ...

Moves follow departures of Sue Higgs and Caroline Pay.