Dropshipping Market Size, Trends, Share, Growth | Report 2023-2032
The global dropshipping market size was estimated at around USD 226.02 billion in 2022 and it is projected to hit around USD 1,856.55 billion by 2032, growing at a CAGR of 23.44% from 2023 to 2032.
Key Pointers
The market is anticipated to witness significant growth owing to an increase in preference for online shopping, coupled with the rising trend of cross-border e-commerce trade. Hence, the rise in demand for dropshipping services is predominantly influenced by the growth of the e-commerce industry. Dropshipping is the practice of selling products through online stores where the retailers do not keep a stock of goods on hand. The retailer forwards customer orders and shipment information to the wholesaler or manufacturer, who then transports the goods directly to the customer.
With the proliferation of technology, dropshipping has been a quick and fast-moving profit-making business. Dropshipping enterprises offer originality in a variety of ways in the current situation that e-commerce companies and on-demand business models are using to cope with the pandemic. Smartphones have revolutionized online shopping, with numerous mobile applications to make the consumer experience pleasant and convenient. The rising smartphone penetration, coupled with an increasing consumer disposable income, is contributing to the growth of the e-commerce market, thereby driving the demand for dropshipping services. There has been a notable increase in investments by the key players in the e-commerce industry owing to the number of shoppers inclined toward online shopping platforms. For instance, according to The United Nations Conference on Trade and Development (UNCTAD), company sales rose to 2.9 trillion in the year 2021.
Manufacturers, distributors, suppliers, dropshipping businesses, and end-users/customers make up the majority of the ecosystem's players. APAC has the most developed dropshipping industry. Retailers following conventional distribution routes are aiming to invest heavily in inventory control. However, companies are opting for dropshipping services to lower capital costs for inventory purchase/management as e-commerce platforms are getting more widely used. Additionally, as merchants are investing less in logistics and inventory, dropshipping is getting more popular.
Other elements that are anticipated to boost market expansion include lower overhead expenses and a diverse product portfolio. APAC’s booming e-commerce sector is primarily responsible for the expansion of dropshipping services. The region is home to several prominent e-commerce businesses that have attracted a sizeable portion of the populace from most of the regions. For instance, Japan is considered one of the most high-potential dropshipping countries over any other APAC country. Indian OEMs purchase products from Japanese vendors to profit from low product costs and cost-saving in their commodities, which are high due to international shipping. Many regions have automated dropshipping technologies such as DSers. This dropshipping technology emphasizes the importance of conducting product research prior to opening an online company.
Dropshipping Market Segmentations and Key Players:
| By Product Type | Key Players |
|
Toys, Hobby and DIY Furniture and Appliances Food and Personal Care Electronics and Media Fashion |
Etsy, Inc. Alidropship, Doba Inc. Megagoods Inc. Inventory Source Modalyst Inc. Shopify Inc. SaleHoo Group Limited Sunrise Wholesale Merchandise LLC Printify Cin7 Orderhive Inc. Wholesale2b |
Chapter 1. Introduction
1.1.Research Objective
1.2.Scope of the Study
1.3.Definition
Chapter 2. Research Methodology
2.1.Research Approach
2.2.Data Sources
2.3.Assumptions & Limitations
Chapter 3. Executive Summary
3.1.Market Snapshot
Chapter 4. Market Variables and Scope
4.1.Introduction
4.2.Market Classification and Scope
4.3.Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5.COVID 19 Impact on Dropshipping Market
5.1. COVID-19 Landscape: Dropshipping Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4.Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1.Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2.Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1.List of Suppliers
7.1.3.2.List of Buyers
Chapter 8. Global Dropshipping Market, By Product Type
8.1.Dropshipping Market, by Product Type Type, 2023-2032
8.1.1. Toys, Hobby and DIY
8.1.1.1.Market Revenue and Forecast (2020-2032)
8.1.2. Furniture and Appliances
8.1.2.1.Market Revenue and Forecast (2020-2032)
8.1.3. Food and Personal Care
8.1.3.1.Market Revenue and Forecast (2020-2032)
8.1.4. Electronics and Media
8.1.4.1.Market Revenue and Forecast (2020-2032)
8.1.5. Fashion
8.1.5.1.Market Revenue and Forecast (2020-2032)
Chapter 9. Global Dropshipping Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.1.2. U.S.
9.1.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.2.2. UK
9.2.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.2.3. Germany
9.2.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.2.4. France
9.2.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.2.5. Rest of Europe
9.2.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.3.2. India
9.3.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.3.3. China
9.3.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.3.4. Japan
9.3.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.4.2. GCC
9.4.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.4.3. North Africa
9.4.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.4.4. South Africa
9.4.4.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.5.2. Brazil
9.5.2.1. Market Revenue and Forecast, by Product Type (2020-2032)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Forecast, by Product Type (2020-2032)
Chapter 10.Company Profiles
10.1. Etsy, Inc.
10.1.1.Company Overview
10.1.2.Product Offerings
10.1.3.Financial Performance
10.1.4.Recent Initiatives
10.2. Alidropship, Doba Inc.
10.2.1.Company Overview
10.2.2.Product Offerings
10.2.3.Financial Performance
10.2.4.Recent Initiatives
10.3. Megagoods Inc.
10.3.1.Company Overview
10.3.2.Product Offerings
10.3.3.Financial Performance
10.3.4.Recent Initiatives
10.4. Inventory Source
10.4.1.Company Overview
10.4.2.Product Offerings
10.4.3.Financial Performance
10.4.4.Recent Initiatives
10.5. Modalyst Inc.
10.5.1.Company Overview
10.5.2.Product Offerings
10.5.3.Financial Performance
10.5.4.Recent Initiatives
10.6. Shopify Inc.
10.6.1.Company Overview
10.6.2.Product Offerings
10.6.3.Financial Performance
10.6.4.Recent Initiatives
10.7. SaleHoo Group Limited
10.7.1.Company Overview
10.7.2.Product Offerings
10.7.3.Financial Performance
10.7.4.Recent Initiatives
10.8. Sunrise Wholesale Merchandise LLC
10.8.1.Company Overview
10.8.2.Product Offerings
10.8.3.Financial Performance
10.8.4.Recent Initiatives
10.9. Printify
10.9.1.Company Overview
10.9.2.Product Offerings
10.9.3.Financial Performance
10.9.4.Recent Initiatives
10.10. Cin7 Orderhive Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11.Research Methodology
11.1.Primary Research
11.2.Secondary Research
11.3.Assumptions
Chapter 12.Appendix
12.1. About Us
12.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers