PUBLISHER: Allied Market Research | PRODUCT CODE: 1193253
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193253
Dropshipping is an e-commerce retail model that allows stores to sell products without maintaining a physical inventory. Dropshipping is when a retailer sells products to customers and forwards sales order to a third party. The third party ships the orders directly to customers on behalf of the retailer. Dropshipping sellers do not have to invest in product inventory, warehouses, or storage space, and doesn't bother with the fulfillment process. The dropshipping market is driven by growing popularity of online shopping and growing tendency of cross-border e-commerce trade. As a result, surge in demand for dropshipping services is mostly affected by expansion of the e-commerce industry. The number of customers who choose to buy online has resulted in a significant rise in investments by major companies in the e-commerce sector. Other aspects expected to drive expansion of the global dropshipping market are a diverse range of products and lower overhead expenses.
In addition, rapid revolution of smartphones has spawned numerous mobile applications and accelerated growth of the market. These mobile applications make consumer experience easy and convenient. Rise in smartphone penetration along with rise in consumer disposable income has contributed toward growth of the e-commerce market, further escalating the dropshipping market.For the purpose of analysis, the dropshipping market is segmented on the basis of product, destination and region. On the basis of product, it is divided into electronics, fashion, toys, hobby, and DIY, furniture, beauty, health, personal, and household care and others. By destination, it is segmented into domestic and international.The prominent players operating in the market are AliDropship, Doba Inc., Inventory Source, Megagoods, Inc, Modalyst, Inc, SaleHoo Group Limited, Shopify Inc., Sunrise Wholesale Merchandise, LLC, Printify, Cin7 Orderhive Inc. and Wholesale2b.
Key Benefits For Stakeholders
This study presents analytical depiction of the global dropshipping market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall dropshipping market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global dropshipping market with a detailed impact analysis.
The current dropshipping market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
By Destination
By Product
By Region