The State of Retail Media Advertising in Europe 2026

Brands Must Embrace and Adapt to the Fragmentation That Defines the Region

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About This Report
Europe’s retail media market is growing rapidly, but fragmentation remains the defining challenge. Local market dynamics, new media channels, and AI-driven operations are reshaping how brands scale across the region.
Table of Contents

Europe’s retail media market is expanding rapidly, but fragmentation limits scale. Brands that balance local relevance, retail media growth, and AI-powered execution will gain an edge.

Key Question: How can brands successfully scale retail media investments across Europe’s fragmented and unevenly developed markets?

Key Stat: The European retail media market will be worth more than €20 billion ($22.56 billion) this year, with a compound annual growth rate (CAGR) of 20.4% between 2024 and 2028, indicating a continued strong growth phase.

authors

Bill Fisher

Contributors

Oscar Bruce Jr.
Director, Forecasting
Eleni Digalaki
VP, Global Content Operations
Sarah Marzano
Principal Analyst, Retail Media
Emma Noyes
Senior Graphic Designer, Data Visualization
Juan Perl
Amy Rotondo
Director, US Research
Heather Sprung
Director, Report Editing
Emman Velasco
Data Visualization Editor
Jherr Daven Velasco
Data Visualization Editor
Yoram Wurmser
Principal Analyst
Ali Young
Senior Copy Editor and Manager of Content Operations
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