Forecast: Production Value of Advertising and Market Research in the Netherlands

The production value of advertising and market research in the Netherlands has shown a generally upward trend from 2013 to 2023, starting at 7.83 billion euros and reaching 9.9 billion euros. The most significant growth occurred between 2014 and 2016, with a particularly notable increase of 11.73% in 2015. After a peak in 2016, the growth rate moderated, and the industry witnessed some fluctuations, including a decline of 7.14% in 2020. However, recent years exhibited a more stable increase, with a slight growth of around 0.78% in 2023.

Despite the fluctuations, the overall Compound Annual Growth Rate (CAGR) reflects a slow but positive trend. The predicted figures from 2024 to 2028 forecast a steady increase, with an average annual growth rate of 0.59% and a total growth rate of 2.97% over the five years.

Future trends to watch for include:

  • Technological advancements in digital advertising impacting traditional market research methods.
  • Increased focus on data privacy and its effects on market research practices.
  • Potential economic fluctuations influencing advertising budgets.
  • Continual evolution of social media platforms as major advertising channels.

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