
Advertising and Market Research Services in New Zealand - Industry Market Research Report
Description
Advertising and Market Research Services in New Zealand
Operators in the Advertising and Market Research Services industry have experienced volatile economic conditions over the past five years. Advertising agencies create and distribute advertisements on behalf of their clients, while market research firms conduct targeted market research on behalf of commercial and government clients. Deteriorating business confidence has constrained demand for industry services over the past five years, with many clients cancelling or postponing projects to reduce discretionary spending in response to the COVID-19 pandemic. However, strong demand before the COVID-19 pandemic and growth in R&D expenditure have contributed to an overall increase in revenue. Industry revenue is expected to grow at an annualised 0.3% over the five years through 2022-23, to $2.4 billion. This includes an anticipated 2.3% increase in the current year, as businesses resume or begin new projects following the pandemic.
Industry firms provide a range of advertising or market research products and services to clients. These services include creating advertising campaigns and materials; being involved in media buying and planning activities; providing market research services; and supplying statistical services. The industry excludes sales of advertising space in publications or broadcasts owned by the same firm.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Operators in the Advertising and Market Research Services industry have experienced volatile economic conditions over the past five years. Advertising agencies create and distribute advertisements on behalf of their clients, while market research firms conduct targeted market research on behalf of commercial and government clients. Deteriorating business confidence has constrained demand for industry services over the past five years, with many clients cancelling or postponing projects to reduce discretionary spending in response to the COVID-19 pandemic. However, strong demand before the COVID-19 pandemic and growth in R&D expenditure have contributed to an overall increase in revenue. Industry revenue is expected to grow at an annualised 0.3% over the five years through 2022-23, to $2.4 billion. This includes an anticipated 2.3% increase in the current year, as businesses resume or begin new projects following the pandemic.
Industry firms provide a range of advertising or market research products and services to clients. These services include creating advertising campaigns and materials; being involved in media buying and planning activities; providing market research services; and supplying statistical services. The industry excludes sales of advertising space in publications or broadcasts owned by the same firm.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
40 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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