According to IMARC Group’s latest report, titled “Fashion Influencer Marketing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market is expected to exhibit a CAGR of 37.87% during 2022-2027.
Fashion influencer marketing stands for the promotion of fashion apparel and goods via online social media platforms. Fashion influencers are experts or individuals with a dedicated social media following.
On their channels, they post fashion-related content and endorse products, events, fashion shows, apparel, jewelry brands, cosmetics, etc. Fashion influencer marketing involves creating relevant content for the subscribers and followers to build conversations around brands or products.
The service providers offer different marketing solutions, including product search and discovery, analytics and reporting, campaign and influencer relationship management, workflow automation, fraud detection services, etc.
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The expanding fashion industry, along with the increasing number of social media platforms, is primarily driving the fashion influencer marketing market.
Moreover, this marketing further allows fashion brands to effectively promote their products and reach a wider audience base through several innovative marketing and campaigning strategies, such as polls, comments, direct messages, etc., to gain meaningful insights regarding consumer needs.
Additionally, the escalating adoption of social search engine (SSE) and social search optimization (SSO) tools is also helping companies and influencers in enhancing digital media content, thereby maximizing their organic reach.
Furthermore, the growing integration of various e-commerce websites with social media platforms is also expected to propel the global fashion influencer marketing market over the forecasted period.
Looking forward, IMARC Group expects the global fashion influencer marketing market to continue its robust growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- AspireIQ Inc.
- Hypr Brands (JuliusWorks Inc.)
- Izea Worldwide Inc.
- Socially Powerful Media Limited
- Speakr Inc.
- Upfluence Incorporated.
- Beauty and Cosmetics
- Jewelry and Accessories
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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