Economic divergence and US trade tensions will define Latin America’s ad market this year
Three important findings from our forecast
Recommendations for advertisers
Behind the Numbers
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About This Report
Latin America’s ad market will surpass $40 billion this year as it continues to defy economic uncertainty. Rebounds in Argentina and Chile, along with double-digit growth in retail and social media spending, will fuel momentum. Here are the latest trends you need to know.
Economic divergence and US trade tensions will define Latin America’s ad market this year
Three important findings from our forecast
Recommendations for advertisers
Behind the Numbers
Listen Next
Sources
Media Gallery
Latin America’s ad market will continue its upward trajectory despite mounting economic headwinds in key markets. Rebounds in Argentina and Chile will buoy regional momentum, offsetting slower growth in Mexico due to trade tensions with the US. Meanwhile, rising investment in digital formats like social and retail media will propel total spending past $40 billion.
Key Question: Which countries, formats, and channels will fuel ad spending growth in Latin America?
Key Stat: Digital will account for nearly two-thirds of total media spending in Latin America by 2029—up from 56.6% this year—driven by sustained double-digit growth in retail media, social media, and digital video.
This report can help you:
Determine market sizing (brands, media platforms, agencies, and solution providers)
Develop a media strategy (brands, agencies)
Allocate budget for campaigns (brands, agencies)
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Executive Summary
Economic divergence and US trade tensions will define Latin America’s ad market this year
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