LAMEA Fashion Influencer Marketing Market By Fashion Type (Beauty & Cosmetics, Jewelry & Accessories and Apparel), By Influencer Type (Nanoinfluencers, Microinfluencers, Macroinfluencers, and Megainfluencers), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Latin America, Middle East and Africa Fashion Influencer Marketing Market would witness market growth of 42.7% CAGR during the forecast period (2020-2026).
The fame of these fashion influencers is not separate from the impact of social media on the modern lifestyle. In the early days, fashion was a privilege dominated by those who had access to the prestigious fashion shows, but today, these online fashion gurus, fashion-related information become more accessible for everyone as they created their own definition of style. Going to various channels online, influencers can freely express themselves, either by making a new outfit of the day (OOTD) look or by sharing their current favorite fashion items, which made fashion becomes mainstream.
The successive rise of the fashion influencers gains attention from brands, who are looking for opportunities to reach their potential customer base as well as to keep their current customers interested. With the rising demand for authentic voices emerging in the market, the gear in marketing changed from the traditional top-down model to the dynamic and interactive one that prioritizes authenticity as the real marketing value.
Acknowledged, social media do not only transform the way people get fashion-related information, but also the way people perceive and think about fashion. Social media and all its features deliver the perfect medium for influencers to make fashion trends that reach faster and wider only because of the capability of the internet to tap into people from different backgrounds and locations.
Besides making fashion trends, these influencers are also valuable for many fashion brands all thanks to the increasing e-commerce websites and businesses. On a click and a single tap promoted by these fashion influencers, consumers are capable to visit different shopping pages and purchase the said items immediately. Now, it is possible for consumers to directly discover the brands that the influencers are wearing in their posts as well as purchasing them instantly through the mentioned links provided in the said post.
Based on Fashion Type, the market is segmented into Beauty & Cosmetics, Jewelry & Accessories and Apparel. Based on Influencer Type, the market is segmented into Nanoinfluencers, Microinfluencers, Macroinfluencers, and Megainfluencers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IZEA Worldwide, Inc., Launchmetrics, Inc., Klear, Upfluence, Inc., AspireIQ, Inc., Mavrck, InfluencerDB Tech GmbH & Co. KG, Speakr, Inc., Juliusworks, Inc. (Hypr Brands) and Socially Powerful.
Scope of the Study
Market Segments Covered in the Report:
By Fashion Type
- Beauty & Cosmetics
- Jewelry & Accessories
By Influencer Type
- Saudi Arabia
- South Africa
- Rest of LAMEA
- IZEA Worldwide, Inc.
- Launchmetrics, Inc.
- Upfluence, Inc.
- AspireIQ, Inc.
- InfluencerDB Tech GmbH & Co. KG
- Speakr, Inc.
- Juliusworks, Inc. (Hypr Brands)
- Socially Powerful
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