The North America Dropshipping Market would witness market growth of 19.8% CAGR during the forecast period (2022-2028).
Drop shipping's ability to create a business without requiring an upfront investment of thousands of dollars in goods is one of its main draws. While using the dropshipping technique, people wait to buy the goods until a buyer has completed a purchase, unlike physical stores that need enormous sums of money before ever opening their doors to acquire inventory. Fewer startup costs and lower risk follow from this. The suppliers bear the bulk of the workload in dropshipping. Obviously, it will take labor to generate those sales, but the workload won't double if the company suddenly doubles in size.
The drop-shipping business concept is not flawless. While convenience, adaptability, and cost are all wonderful draws, one must also take this method's drawbacks into account. Since order fulfillment is not reliant on the size of a physical location or the number of employees required to ship an order, dropshipping retailers may grow swiftly. Retailers that encounter erratic sales owing to seasonal variables or other considerations might thus tremendously profit from it.
Social media has an effect on brand perception and product sales. Internet shopping is growing in popularity in the area, and more stores are using the internet to market their goods. Online and offline tracking of consumer activity generates enormous amounts of data. Also, the market for online groceries is being stimulated by consumer work schedules that are demanding and an increase in the number of working women. Online grocery sales in the United States are mostly driven by the expanding use of smart devices and internet connections. In light of these possibilities, the North American dropshipping market is anticipated to expand significantly.
The US market dominated the North America Dropshipping Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $132,751.5 Million by 2028. The Canada market is poised to grow at a CAGR of 22.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 21.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Dropshipping Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Dropshipping Market, by Product Type
1.4.2 North America 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. North America Dropshipping Market by Product Type
3.1 North America Fashion Market by Country
3.2 North America Electronics & Media Market by Country
3.3 North America Food & Personal Care Market by Country
3.4 North America Toys, Hobby & DIY Market by Country
3.5 North America Furniture & Appliances Market by Country
Chapter 4. North America Dropshipping Market by Country
4.1 US Dropshipping Market
4.1.1 US Dropshipping Market by Product Type
4.2 Canada Dropshipping Market
4.2.1 Canada Dropshipping Market by Product Type
4.3 Mexico Dropshipping Market
4.3.1 Mexico Dropshipping Market by Product Type
4.4 Rest of North America Dropshipping Market
4.4.1 Rest of North America 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:
a
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 North America Dropshipping Market, 2018 - 2021, USD Million
TABLE 2 North America Dropshipping Market, 2022 - 2028, USD Million
TABLE 3 North America Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 4 North America Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 5 North America Fashion Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Fashion Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Electronics & Media Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Electronics & Media Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Food & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Food & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Toys, Hobby & DIY Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Toys, Hobby & DIY Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Furniture & Appliances Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Furniture & Appliances Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Dropshipping Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Dropshipping Market by Country, 2022 - 2028, USD Million
TABLE 17 US Dropshipping Market, 2018 - 2021, USD Million
TABLE 18 US Dropshipping Market, 2022 - 2028, USD Million
TABLE 19 US Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 20 US Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 21 Canada Dropshipping Market, 2018 - 2021, USD Million
TABLE 22 Canada Dropshipping Market, 2022 - 2028, USD Million
TABLE 23 Canada Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 24 Canada Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 25 Mexico Dropshipping Market, 2018 - 2021, USD Million
TABLE 26 Mexico Dropshipping Market, 2022 - 2028, USD Million
TABLE 27 Mexico Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 28 Mexico Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 29 Rest of North America Dropshipping Market, 2018 - 2021, USD Million
TABLE 30 Rest of North America Dropshipping Market, 2022 - 2028, USD Million
TABLE 31 Rest of North America Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 32 Rest of North America Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 33 key information – Shopify, Inc.
TABLE 34 Key Information – AliDropship LLC
TABLE 35 Key Information – Doba, Inc.
TABLE 36 Key Information – Megagoods, Inc.
TABLE 37 Key Information – Modalyst, Inc.
TABLE 38 Key Information – Printify, Inc.
TABLE 39 Key Information – SaleHoo Group Limited
TABLE 40 Key Information – Sunrise Wholesale Merchandise LLC
TABLE 41 Key Information – Wholesale2b
List of Figures
FIG 1 Methodology for the research