The UK advertising market registered a 6.9% rise in expenditure in 2010, according to a new report released today by the Advertising Association. This “significant bounce-back from recession” apparently made last year the strongest year for adspend growth since the dotcom boom of 2000.
A strong final quarter of the year lifted the overall 12 month Advertising Association/Warc figures, with television and direct mail emerging as the strongest performers over the three month period - recording 12% and 12.7% rises in expenditure respectively.
Across 2010 as a whole, TV was seemingly the star of the show, with an overall increase of 15.8% – its strongest growth rate since 1986.
This picture is in sharp contrast to the previous year, when TV adspend plummeted by 10.1%.
Out-of-home advertising and the internet both turned in strong figures - up 12.5% and 10.9% year-on-year - whereas the publishing industry saw mixed results.
National newspaper ad spend increased by 6% across the year, but regional papers and magazines dropped 6.4% and 5.9% respectively.
In total the UK advertising market was worth £15.5bn in 2010.
Suzy Young, data editor at Warc, called the last 12 months “an impressive year for UK adspend.”
She continued: “This included a surprisingly strong performance from direct mail in the second half of the year. This could be attributed to advertisers relying more heavily on the more traditional and immediate forms of communication with the consumers.
“While growth will moderate in 2011, we anticipate higher rates of growth in 2012 as the economy picks up and London gears up for the Olympics.”
Warc and the AA expect growth to dip to 2.9% in 2011, before rising back to 5.5% in 2012.
Courtesy of www.how-do.co.uk

