The global dropshipping market size reached US$ 210.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 913.1 Billion by 2028, exhibiting a growth rate (CAGR) of 27.6% during 2023-2028.
More Info:- https://www.imarcgroup.com/dropshipping-market
2. Report Description
About IMARC Group
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and regions to identify their highest-value opportunities, address their most critical
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3. Report Description
Report Description and Highlights
Global Dropshipping Market Research Report:
The latest report by IMARC, titled “Dropshipping Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028” finds that the global dropshipping market is anticipated to grow
at a CAGR of 27.6% during .
Dropshipping refers to an order fulfillment model that enables retailers and e-commerce businesses to
outsource procuring, storing, and shipping goods to a third-party supplier, such as a manufacturer or
wholesaler, instead of warehousing inventory. It generally involves signing agreements with drop
shippers, online order placement by customers, and product delivery. It offers numerous advantages,
such as reduced overhead and starting costs, better scalability and flexibility, and a more
comprehensive product portfolio.
It aids enterprises in setting up e-commerce stores, increasing their customer base, and allowing
expansion into new markets at relatively lower capital. In recent years, dropshipping has gained
immense popularity across the globe as it assists in shipping orders timely, tracking inventories, and
handling inbound shipments.
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4. Report Description
Report Description and Highlights
Global Dropshipping Market Trends:
Rapid growth in the e-commerce sector due to increasing preferences for online shopping among consumers
represents the primary factor driving the market growth. Moreover, the growing usage of online retail platforms for
buying essentials and consumer goods owing to the implementation of mandatory lockdowns and social distancing
norms amid the sudden coronavirus disease (COVID-19) outbreak has augmented the product demand. This is further
supported by the easy process of ordering and returns, multiple payment methods, and a wide range of product
options offered by e-commerce platforms. In addition, there has been a significant shift from conventional
distribution methods toward the dropshipping business model among retailers due to its numerous benefits,
including lower capital inputs in inventory and logistics.
Along with this, the surging penetration of smartphones and the widespread availability of high-speed internet across
the globe are other major growth-inducing factors. Furthermore, the leading players are entering into strategic
collaborations to automate business processes with higher financial output. In line with this, continual technological
advancements, such as the integration of voice-enabled virtual assistants and chatbots with e-commerce websites
and apps to streamline dropshipping operations, have propelled market growth. Other factors, including the growing
popularity of mobile e-commerce, escalating demand for faster delivery of packages, changing consumer spending
patterns, increasing number of e-commerce startups, and rising cross-border e-commerce trade activities, are
creating a favorable market outlook.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).
5. Report Description
Report Description and Highlights
Market Summary:
Product Insights:
• Toys, Hobby and DIY
• Furniture and Appliances
• Food and Personal Care
• Electronics and Media
• Fashion
Type Insights:
• Same-Day Delivery
• Regional Parcel Carriers
• Heavy Goods Delivery
Application Insights:
• Business-to-Business (B2B)
• Business-to-Consumer (B2C)
• Customer-to-Customer (C2C)
6. Report Description
Report Description and Highlights
Regional Insights:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
8. Competitive Landscape with Key Players:
• AliDropship
• Doba Inc.
• Dropified
• DropshipZone
• Megagoods Inc.
• Modalyst Inc. (Wix.com Ltd.)
• SaleHoo Group Limited
• Shopify Inc.
• Spocket
• Sunrise Wholesale Merchandise
• Worldwide Brands Inc.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/dropshipping-market
Report Description
Report Description and Highlights
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients