US CPG Industry Ad Spending 2024 (Subscription required). US Retail Industry Ad Spending 2024 (Subscription required). Note: Historical digital ad spending data up to 2015 is derived from Interactive Advertising Bureau (IAB) and PwC data.
Tariffs are slowing retail sales growth: A Reuters analysis found the Trump administration’s trade policies have cost companies more than $34 billion in lost sales and higher costs, and that toll keeps rising.
Germany is seeing the fastest growth in CPG ad spending. Its close neighbors, France and the UK, are seeing CPG investments in digital advertising rising rapidly. But Germany is outpacing them by several percentage points. This may be partly due to the industry’s so far limited investments, leaving more room for growth.
Meta is still the top dog in social media, but smaller platforms like Snap and Pinterest are focusing on augmented reality and ecommerce, respectively, to stand out in a crowded field. Meta’s ad revenues surged as AI investment intensified. Meta delivered a standout Q4, with revenues climbing 21% YoY to $48.38 billion.
As marketers combat signal loss, they’re turning to channels less reliant on cross-site or cross-app tracking, according to ĢAV’s “Ad Measurement Trends H2 2024” report. 76% of brand and agency marketers worldwide plan to increase their digital ad spend on social media/influencer marketing in 2025, while 64% will increase retail media spend and 47% will increase spend on connected TV (CTV), according
Search will account for 64.0% of retail media next year, as it is heavily tied to product discovery on ecommerce sites. Display will make up 25.0% of retail media ad spending, 11.0% of which will be video. In-store advertising makes up a small but growing share of dollars spent.