Dropshipping Market is predicted to reach USD 1701.997 billion at a CAGR of 25.10% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Dropshipping Market”.


The dropshipping market is estimated to register a CAGR of 25.10% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global dropshipping market - Alidropship (U.S.), Sunrise Wholesale Merchandise LLC (U.S.), Inventory Source (U.S.), Megagoods Inc. (U.S.), Shopify Inc. (Canada), Modalyst Inc. (U.S.), Doba Inc. (U.S.), SaleHoo Group Limited (New Zealand), Printify (U.S.), and Cin7 Orderhive Inc. (U.S.).


Market Highlights


The global dropshipping market is accounted to register a CAGR of 25.10% during the forecast period and is estimated to reach USD 1701.997 billion by 2032.


The e-commerce industry is expanding due to factors including rising smartphone adoption rates and rising disposable income levels of consumers, which in turn is driving demand for dropshipping services. Additionally, dropshipping is becoming more popular among merchants as a result of reduced capital expenditures in logistics and inventories. Nevertheless, the obstacles impeding the expansion of the dropshipping sector are illicit or fraudulent operations.


Segment Analysis


The global dropshipping market has been segmented into destination and product.


On the basis of destination, the market is segmented into Domestic and International. The international segment was attributed to holding the largest market share in 2022. More companies are utilizing international dropshipping since it enables clients to receive better deals because product costs differ by country. With white-label products, dropshipping enables the development of dropshipping brands and provides reasonably priced, globally-demanded products. Furthermore, it facilitates easy access to rare and hard-to-find products.


Based on product, the global dropshipping market has been segmented into Electronics, Fashion, Furniture, Toys, hobby, and DIY, Beauty, Health, Personal, and Household Care, and Others. The electronics segment was expected to hold the largest market share in 2022. By offering a wide range of alternatives to suit varying client tastes and budgets, dropshipping gives businesses access to a huge assortment of electronics products from numerous vendors and manufacturers. In the dropshipping industry, having an extensive product selection increases consumer engagement and sales.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Dropshipping Market Research Report


Regional Analysis


The global dropshipping market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe dropshipping market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The dropshipping market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World dropshipping market comprises of Middle East, Africa, and Latin America.


The largest market share for dropshipping was maintained by the North American regional sector. Because it saves money and requires less capital, dropshipping is becoming more and more popular. North America is predicted to increase at the quickest rate during the projected period. This has led to a rise in the popularity of dropshipping businesses in the US and Canada in recent years. It is also anticipated that a wide variety of local market participants will accelerate market growth.


Moreover, the Europe market has been persistently growing over the forecast period due to the explosion of e-commerce sites. The need for online shipping has also increased as smart devices like laptops, smartphones, and tablets become more and more common. Furthermore, the growth of smartphones and the internet, as well as the widespread use of social media sites like Facebook, Instagram, Snapchat, Twitter, and Snapchat, all play major roles in this region's potential expansion.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the large consumer base, expanding economy, and rising number of producers of various end-user goods, such as textiles, electronics, and furniture, in the region. The Asia-Pacific region now has more online retailers as a result of smartphones' enhanced internet connectivity.


Furthermore, the rest of the world's dropshipping market is divided into the Middle East, Africa, and Latin America. The need for dropshipping services in rest of world is expected to increase in the next years due to the growing number of e-commerce businesses. Internet user increase is a consequence of the region's online retail expansion.


Key Findings of the Study



  • The global dropshipping market is expected to reach USD 1701.997 billion by 2032, at a CAGR of 25.10% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the large consumer base, expanding economy, and rising number of producers of various end-user goods, such as textiles, electronics, and furniture, in the region.

  • Based on product, the electronics segment was attributed to holding the largest market in 2022, with an approximate market share of 40%.

  • Alidropship (U.S.), Sunrise Wholesale Merchandise LLC (U.S.), Inventory Source (U.S.), Megagoods Inc. (U.S.), Shopify Inc. (Canada), Modalyst Inc. (U.S.), Doba Inc. (U.S.), SaleHoo Group Limited (New Zealand), Printify (U.S.), and Cin7 Orderhive Inc. (U.S.).

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Companies Covered 15
Pages 128
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