Print Advertising - Malaysia

  • Malaysia
  • In Malaysia, ad spending in the Print Advertising market is forecasted to reach US$67.26m by 2024.
  • The country's largest market is Newspaper Advertising, with a market volume of US$55.33m in 2024.
  • When compared globally, the United States is expected to lead in ad spending with US$10.36bn in 2024.
  • By 2029, the number of readers in Malaysia's Print Advertising market is anticipated to reach 16.96m users.
  • The average ad spending per reader in the Newspaper Advertising market is projected to be US$6.37 in 2024.
  • Print advertising in Malaysia is experiencing a resurgence, with brands leveraging traditional mediums to build trust and engage with a diverse consumer base.

Key regions: United Kingdom, China, Germany, Japan, United States

 
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Analyst Opinion

The Print Advertising market in Malaysia has been experiencing steady growth in recent years, driven by customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Malaysia have played a significant role in the development of the Print Advertising market. Despite the rise of digital advertising, many customers in Malaysia still prefer print advertisements. This is due to a variety of reasons, including the tangibility and credibility of print ads. Customers appreciate being able to physically hold and interact with print materials, which can create a more memorable and engaging experience. Additionally, print ads are often seen as more trustworthy and reliable compared to digital ads, which can be easily ignored or blocked by ad-blocking software. Trends in the market have also contributed to the growth of the Print Advertising market in Malaysia. Advertisers have recognized the value of targeted print ads, which can reach specific audiences effectively. By tailoring their print advertisements to specific demographics or geographic regions, advertisers can maximize the impact of their campaigns and achieve higher return on investment. Furthermore, the use of innovative printing techniques, such as augmented reality and interactive print, has made print advertisements more engaging and interactive for customers. Local special circumstances have also played a role in the development of the Print Advertising market in Malaysia. The country has a diverse population with different languages and cultural backgrounds, which creates opportunities for advertisers to create customized print ads that resonate with specific target audiences. Additionally, Malaysia has a strong newspaper and magazine industry, providing a platform for advertisers to reach a wide range of readers. Underlying macroeconomic factors have also contributed to the growth of the Print Advertising market in Malaysia. The country has experienced steady economic growth in recent years, leading to increased consumer spending and business investments. This has created a favorable environment for advertisers to invest in print advertising, as businesses seek to promote their products and services to a growing consumer base. Additionally, Malaysia has a large and growing middle class, which has increased the demand for consumer goods and services. Advertisers have recognized the potential of targeting this demographic through print advertisements. In conclusion, the Print Advertising market in Malaysia is developing due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The tangibility and credibility of print ads, the value of targeted advertising, the use of innovative printing techniques, the diverse population and strong media industry, and the favorable macroeconomic environment have all contributed to the growth of the market. As these factors continue to evolve, the Print Advertising market in Malaysia is expected to further expand in the coming years.

Methodology

Data coverage:

Data encompasses enterprises (B2B). Figures are based on print advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers advertising in physical print editions (newspapers and magazines).

Modeling approach:

Market size is determined by a combined top-down and bottom-up approach. We use industry association reports, third-party reports, and survey results from our primary research (e.g., Consumer Insights) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, population, urban population, and education index.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market. For instance, the S-curve function is well suited to forecast digital products due to the non-linear growth of technology adoption, whereas exponential trend smoothing (ETS) is more suited for projecting steady growth in traditional advertising markets.

Additional notes:

Data is modeled using current exchange rates. The impacts of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.

Overview

  • Ad Spending
  • Key Players
  • Analyst Opinion
  • Reach
  • Global Comparison
  • Methodology
  • Key Market Indicators
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