The Advertising and Market Research sector in Finland experienced fluctuations over the last decade, with turnover peaking at €1.81 billion in both 2018 and 2016 before a notable dip in 2020 to €1.6 billion. The year-on-year growth saw sporadic changes; however, the sector rebounded post-2020 with a 3.7% increase in 2022 and a 2.45% increment in 2023, where turnover stood at €1.8 billion. The sector is forecasted to stabilize, maintaining turnover at €1.81 billion from 2025 to 2028, representing a modest growth rate with a five-year CAGR until 2028 at 0.13%.
Future trends to watch for:
- Technological advancements driving targeted advertising and data analytics
- Increased investment in digital and social media platforms
- Growing emphasis on sustainability and ethical practices within the sector
- Possible market disruptions from global economic factors and changing consumer behaviors