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US And Asia-Pacific Press Ad Growth Forecasts

US And Asia-Pacific Press Ad Growth Forecasts

The latest US and Asia-Pacific press advertising forecasts from Zenith Media are given here.

US In the US, both newspapers and magazines are expected to show negative growth this year, with no return to positive growth until 2004.

The latest magazine advertising revenue figures from the Publishers Information Bureau (PIB) show revenue increasing by 6.1% in June, whilst overall page volumes dropped by 1.2% (see US Mags Revenue Grows, But Volumes Decline In June). US newspapers saw a Q1 2002 decline in revenue of 6.2%, according to data from the Newspaper Association of America (NAA) (see US Papers See Slowing Ad Growth Decline In Q1 2002).

US Press Adspend 
           
  2000  2001  2002F  2003F  2004F 
Magazines 13.5 -10.0 -8.0 -4.0 1.0
Newspapers 11.4 -6.0 -4.0 0.0 3.0
Source: Zenith Media, July 2002 

Asia-Pacific Press growth in the Asia Pacific region is set to be stronger than the US, with a 1.5% rise in newspaper revenues this year, followed by positive growth from magazines and newspapers in 2003 and 2004.

Asia-Pacific Press Adspend 
           
  2000  2001  2002F  2003F  2004F 
Magazines 9.5 -2.3 -1.8 1.8 2.6
Newspapers 13.7 -4.5 1.5 4.5 4.7
Source: Zenith Media, July 2002 

For European press advertising growth forecasts click European Press Advertising Forecasts From Zenith Media. For UK Advertising Association forecasts click UK Press Advertising Forecasts: Consumer Mags Remain Stable.

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