The Global Dropshipping Market will Hit $623 Billion by 2028, at a CAGR of 20.6%

Dropshipping Market Growth, Trends and Report Highlights

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.

Global Dropshipping Market Segmentation

By Product Type

• Fashion
• Electronics & Media
• Food & Personal Care
• Toys, Hobby & DIY
• Furniture & Appliances

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 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

Related Reports:

North America Dropshipping Market Size & Share Report, 2028

• February-2023
• 44 Pages

LAMEA Dropshipping Market Size, Share & Forecast 2022-2028

• February-2023
• 50 Pages

Europe Dropshipping Market Size & Market Trends to 2022-2028

• February-2023
• 50 Pages

Asia Pacific Dropshipping Market Size & Forecast to 2028

• February-2023
• 51 Pages