Cars dominate print advertising space in 2024, Maruti Suzuki Leads

Two Wheelers among categories witnessed highest increase in Ad secondages with 49% growth followed by Cars with 20% growth during January-September 2024 compared to the same period in 2023.

By
  • Indrani Bose,
| January 9, 2025 , 9:00 am
Maruti Suzuki was the leading advertiser in print last year as well.
Maruti Suzuki was the leading advertiser in print last year as well.

Ad space in print publications grew by 3% per publication in January-September 2024 compared to the same period in 2023, indicating a positive trend in print advertising, as per a report by TAM Media Research.

From January-September 2024, the Cars category solidified its dominance, retaining the top position with a 7% share of total ad space. Meanwhile, Two Wheelers demonstrated remarkable growth, climbing from the 7th position in the same period of 2023 to secure 3rd place with a 5% share of ad space in 2024. Furthermore, the top 10 categories combined accounted for 44% of the total ad space during January-September 2024.

Maruti Suzuki India and SBS Biotech emerged as the top two advertisers, maintaining their leadership positions across both January-September 2024 and January-September 2023.

Along with this, education sector also emerged as a leader in print ad space, accounting for a 17% share in January-September 2024, highlighting its dominance over the same period in 2023. The top six sectors maintained their rankings from January-September 2023 to January-September 2024, while Telecom Products showed significant growth, leaping seven spots to secure 10th place.

In January-September 2024, the top 10 advertisers collectively accounted for 14% of the total ad space. Notably, four advertisers from the auto sector featured prominently among the top 10 in both January-September 2023 and 2024, underscoring the sector’s continued dominance. The print medium attracted a vast pool of advertisers, with over 115K+ advertisers active in both January-Septeber 2023-24.

Honda Shine 100 claimed the top spot in January-September 2024, improving its position from the same period in 2023. Over 1.43 lakh brands were actively present during January-September 2024, reflecting a consistent brand presence. The top 10 brands accounted for just 5% of the total ad space share in January-September 2024, highlighting a highly fragmented advertising market.

Two Wheelers among categories witnessed highest increase in Ads with 49% growth followed by Cars with 20% growth during January-September 2024 compared to January-September 2023.

In terms of growth %, Corporate-Financial Institute category witnessed highest growth % among the Top 10 – 2.63 times in January-September 2024.

Sales Promotion advertising covered 29% share of ad space in Print during Jan-Sep’24. Among Sales Promotions, Discount Promotion secured 1st position with 43% share of ad space followed by Multiple Promotion with 42% share. Top 2 promotions covered 86% share of ad space during January-September 2024.

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