The Asia Pacific Dropshipping Market would witness market growth of 21.0% CAGR during the forecast period (2022-2028).
Dropshippers don't sell things in bulk since the dropshipping sector operates on a retail basis. There are no restrictions on establishing an online business for the purpose of dropshipping when it comes to legality. While company rules may differ from one nation to the next, dropshipping firms are not specifically prohibited by any legislation. Because of this, starting a dropshipping company is simple and may help the market grow.
JD.com in China has provided a platform for clients to engage directly with manufacturers in Wuhan to handle food and medical package deliveries in an effort to reduce the need to prevent direct contact among people. As a result, the need for quick package delivery is rising, which is helping the dropshipping sector develop globally.
The bulk of the ecosystem's actors include manufacturers, suppliers, distributors, dropshipping companies, and end users/customers. The dropshipping market is the most established in Asia. Retailers that use traditional distribution channels want to make significant investments in inventory management. Yet, as e-commerce platforms become more popular, businesses are using dropshipping services to save capital expenditures for inventory purchase/management.
Asia has seen a rapid increase in internet accessibility and penetration, which has sparked the region's following digitization. Several industries underwent transformations to keep up with the new, technology-driven economy throughout the world, alongside the area and its residents. The retail sector is one such enterprise. Considering that the retail market in the Asia Pacific area has consistently produced enormous revenue, it seemed only natural for the retail industry to go digital alongside the region. Since becoming a major worldwide player, the Asia-Pacific region's e-commerce business has expanded, and forecasts indicate that this growth will continue for the foreseeable future.
The China market dominated the Asia Pacific Dropshipping Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $63,805.1 Million by 2028. The Japan market is estimated to grow at a CAGR of 20.2% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 21.8% during (2022 - 2028).
Based on Product Type, the market is segmented into Fashion, Electronics & Media, Food & Personal Care, Toys, Hobby & DIY and Furniture & Appliances. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Dropshipping Market is Projected to reach USD 623 Billion by 2028, at a CAGR of 20.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Shopify Inc., AliDropship LLC (Sunshine Group), Doba, Inc. (Focus Technology Co., Ltd.), Megagoods, Inc., Modalyst, Inc. (Wix.com Ltd.), Printify, Inc., SaleHoo Group Limited (Doubledot), Sunrise Wholesale Merchandise LLC, and Wholesale2b.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Fashion
- Electronics & Media
- Food & Personal Care
- Toys, Hobby & DIY
- Furniture & Appliances
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Shopify Inc.
- AliDropship LLC (Sunshine Group)
- Doba, Inc. (Focus Technology Co., Ltd.)
- Megagoods, Inc.
- Modalyst, Inc. (Wix.com Ltd.)
- Printify, Inc.
- SaleHoo Group Limited (Doubledot)
- Sunrise Wholesale Merchandise LLC
- Wholesale2b
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Dropshipping Market, by Product Type
1.4.2 Asia Pacific Dropshipping Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Dropshipping Market by Product Type
3.1 Asia Pacific Fashion Market by Country
3.2 Asia Pacific Electronics & Media Market by Country
3.3 Asia Pacific Food & Personal Care Market by Country
3.4 Asia Pacific Toys, Hobby & DIY Market by Country
3.5 Asia Pacific Furniture & Appliances Market by Country
Chapter 4. Asia Pacific Dropshipping Market by Country
4.1 China Dropshipping Market
4.1.1 China Dropshipping Market by Product Type
4.2 Japan Dropshipping Market
4.2.1 Japan Dropshipping Market by Product Type
4.3 India Dropshipping Market
4.3.1 India Dropshipping Market by Product Type
4.4 South Korea Dropshipping Market
4.4.1 South Korea Dropshipping Market by Product Type
4.5 Singapore Dropshipping Market
4.5.1 Singapore Dropshipping Market by Product Type
4.6 Malaysia Dropshipping Market
4.6.1 Malaysia Dropshipping Market by Product Type
4.7 Rest of Asia Pacific Dropshipping Market
4.7.1 Rest of Asia Pacific Dropshipping Market by Product Type
Chapter 5. Company Profiles
5.1 Shopify, Inc.
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Partnerships, Collaborations, and Agreements:
5.1.5.2 Acquisition and Mergers:
5.2 AliDropship LLC (Sunshine Group)
5.2.1 Company Overview
5.3 Doba, Inc. (Focus Technology Co., Ltd.)
5.3.1 Company Overview
5.4 Megagoods, Inc.
5.4.1 Company Overview
5.5 Modalyst, Inc. (Wix.com Ltd.)
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Regional Analysis
5.5.4 Research & Development Expenses
5.6 Printify, Inc.
5.6.1 Company Overview
5.7 SaleHoo Group Limited (Doubledot)
5.7.1 Company Overview
5.8 Sunrise Wholesale Merchandise LLC
5.8.1 Company Overview
5.9 Wholesale2b
5.9.1 Company Overview
TABLE 1 Asia Pacific Dropshipping Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Dropshipping Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Fashion Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Fashion Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Electronics & Media Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Electronics & Media Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Food & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Food & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Toys, Hobby & DIY Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Toys, Hobby & DIY Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Furniture & Appliances Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Furniture & Appliances Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Dropshipping Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Dropshipping Market by Country, 2022 - 2028, USD Million
TABLE 17 China Dropshipping Market, 2018 - 2021, USD Million
TABLE 18 China Dropshipping Market, 2022 - 2028, USD Million
TABLE 19 China Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 20 China Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 21 Japan Dropshipping Market, 2018 - 2021, USD Million
TABLE 22 Japan Dropshipping Market, 2022 - 2028, USD Million
TABLE 23 Japan Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 24 Japan Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 25 India Dropshipping Market, 2018 - 2021, USD Million
TABLE 26 India Dropshipping Market, 2022 - 2028, USD Million
TABLE 27 India Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 28 India Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 29 South Korea Dropshipping Market, 2018 - 2021, USD Million
TABLE 30 South Korea Dropshipping Market, 2022 - 2028, USD Million
TABLE 31 South Korea Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 32 South Korea Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 33 Singapore Dropshipping Market, 2018 - 2021, USD Million
TABLE 34 Singapore Dropshipping Market, 2022 - 2028, USD Million
TABLE 35 Singapore Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 36 Singapore Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 37 Malaysia Dropshipping Market, 2018 - 2021, USD Million
TABLE 38 Malaysia Dropshipping Market, 2022 - 2028, USD Million
TABLE 39 Malaysia Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 40 Malaysia Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 41 Rest of Asia Pacific Dropshipping Market, 2018 - 2021, USD Million
TABLE 42 Rest of Asia Pacific Dropshipping Market, 2022 - 2028, USD Million
TABLE 43 Rest of Asia Pacific Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Rest of Asia Pacific Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 45 key information – Shopify, Inc.
TABLE 46 Key Information – AliDropship LLC
TABLE 47 Key Information – Doba, Inc.
TABLE 48 Key Information – Megagoods, Inc.
TABLE 49 Key Information – Modalyst, Inc.
TABLE 50 Key Information – Printify, Inc.
TABLE 51 Key Information – SaleHoo Group Limited
TABLE 52 Key Information – Sunrise Wholesale Merchandise LLC
TABLE 53 Key Information – Wholesale2b
List of Figures
FIG 1 Methodology for the research