Global Dropshipping Market 2024-2028
Global Dropshipping Market 2024-2028
The dropshipping market is forecasted to grow by USD 460.6 bn during 2023-2028, accelerating at a CAGR of 23.11% during the forecast period. The report on the dropshipping market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in e-commerce industry, increasing global sourcing opportunities, and flexibility and scalability of dropshipping services.
Technavio's dropshipping market is segmented as below:
- By Product
- Electronics and media
- Fashion
- Toys/hobby/DIY
- Furniture and appliances
- Others
- By Delivery
- Domestic
- International
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the introduction of artificial intelligence and automation in dropshipping operations as one of the prime reasons driving the dropshipping market growth during the next few years. Also, sustainability and ethical sourcing and integration with marketplaces will lead to sizable demand in the market.
The report on the dropshipping market covers the following areas:
- Dropshipping market sizing
- Dropshipping market forecast
- Dropshipping market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dropshipping market vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., BANGGOOD TECHNOLOGY Co. Ltd., Chinabrands.com, DHgate, Dropified LLC, eBay Inc., Focus Technology Co. Ltd., IndiaMART InterMESH Ltd., Inventory Source, Onlinestorebiz.com LLC, Printful Inc., SaleHoo Group Ltd., Shopify Inc., Spocket, Sumner Communications Inc., Sunrise Wholesale Merchandise LLC, Walmart Inc., Wix.com Inc., and Worldwide Brands Inc.. Also, the dropshipping market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.