According to a new report, published by KBV research, The Global Dropshipping Market size is expected to reach $623 billion by 2028, rising at a market growth of 20.6% CAGR during the forecast period.
The Fashion segment acquired maximum revenue share in the Global Dropshipping Market by Product Type in 2021 thereby, achieving a market value of $204.3 billion by 2028. This is due to the quickening of globalization and modifications in consumer buying patterns. Throughout the projected period, it is also predicted that the fashion category will be driven by rising customer desire for branded goods and the accessibility of several brands on a single platform. Since they can easily see what they will get after making a purchase and don't need to handle the items, customers prefer online shopping for personal and beauty-related items.
The Asia Pacific market dominated the Global Dropshipping Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $217.7 billion by 2028. The Europe market is exhibiting a CAGR of 20.1% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 19.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/dropshipping-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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By Geography
Companies Profiled
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