Insight ReportIs Influencer Marketing Still Effective in the Global Beauty Market? Marie Driscoll, CFA, Managing Director of Beauty and Luxury January 23, 2023 Reasons to ReadInfluencers, celebrities and other key opinion leaders (KOLs) have become instrumental to the global beauty industry. We examine the evolving role of these personalities in the industry and how companies can use them to support brand growth. This exclusive report is brought to you in partnership with CEW—conversation leaders in the beauty industry and community. Data in this report include: Global influencer marketing market and year-over-year growth for 2016 through 2022 (estimated) Influencer-based marketing spending as a percentage of companies’ annual marketing budgets US social media engagement rates in the beauty market in the third quarter of 2022 Companies mentioned in this report include: Coty, Fenty Beauty, Goop, Kylie Cosmetics and TikTok Other relevant research: Livestreaming in Western Markets: A Beauty Renaissance Is on the Horizon What Does the Metaverse Offer Beauty Brands? Beauty and Fragrance as an Entry Point to Luxury 10 Trends in Global Beauty This report is available for free and can be accessed by registering for a free account. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Store Tracker Extra, November 2025: Burlington Stores Takes Total Opened Retail Space to 88 Million Square FeetThree Data Points We’re Watching This Week, Week 19: China and US Consumer Sentiment in FocusAugust 2025 US Retail Sales: Growth Normalizes as July’s Promotional Boost FadesAnalyst Corner—US Convenience Store Retailing: Battling Headwinds and Seeking New Opportunities, with Sujeet Naik