Transportation and Logistics
The global dropshipping market size reached US$ 268.2 Billion in 2023, Looking forward, IMARC Group expects the market to reach US$ 1,787.4 Billion by 2032, exhibiting a growth rate (CAGR) of 23.46% during 2024-2032. Dropshipping is a business model wherein online merchants can run their stores without managing their inventory. These business owners rely on third-party suppliers to fulfill customer orders. The process involves signing agreements with dropshippers, placing orders, confirming shipments, and delivering products directly to customers. It also assists businesses in handling shipping logistics, managing inventory, and reducing overhead costs while offering a vast selection of products. Moreover, with this business model, business owners can expand their operations and enter new markets with ease. Owing to these benefits, dropshipping is gaining traction across the globe.
As per the analysis by IMARC Group, the top dropshipping companies are investing in research and development (R&D) activities to develop improved software processing solutions. They are also entering into strategic collaborations and partnerships to automate business processes with higher financial output. In addition, several key players are integrating voice-enabled virtual assistants and chatbots with e-commerce websites and apps to streamline dropshipping operations. For instance, Shopify Inc., an e-commerce platform, acquired Oberlo, a provider of dropshipping services, in 2017 to enter the market and improve its market position. Moreover, major e-commerce companies are expanding their product portfolio to provide drop shipping services to wholesalers and manufacturers.
Learn about opportunities, challenges, and trends in the global Dropshipping industry with IMARC’s market research report. Try a free sample today!
1. AliDropship
Establishment: 2015
Headquarters: California, the United States
Website: https://alidropship.com/
AliDropship is a team of developers and drop shippers who have created WordPress solutions for AliExpress dropshipping businesses. It enables online entrepreneurs to earn money with AliExpress through high-quality websites based on the unique AliDropship plugin. Besides creating software and developing online stores for customers, the company has also been running its own dropshipping stores in every niche. Presently, the company has users across 190 countries.
2. Doba Inc.
Establishment: 2002
Headquarters: Utah, the United States
Website: https://www.doba.com/
Doba is a dropshipping platform that automates e-commerce supply chains through virtual inventory and fulfillment systems. The company provides a web-based inventory platform that connects retailers and suppliers by automating the supply chain through virtual inventory management and direct merchandise fulfillment. At present, Doba deals in sports, pets, beauty and health, electronics, clothing, shoes, toys, and home garden tools categories.
3. Dropified
Establishment: 2015
Headquarters: Alabama, the United States
Website: https://www.dropified.com/
Dropified is a software application that allows sellers to import and manage dropshipped products to various e-commerce platforms and then ship those products to their customers anywhere across the globe. Formerly named Shopified, the company was also ranked the fastest-growing company in Alabama and among the top 100 fastest-growing companies across the nation.
4. DropshipZone
Establishment: 2012
Headquarters: Gujrat, India
Website: https://dropshipzone.in/
Dropshipzone is a well-known company that offers high-quality products at reasonable prices. It offers wholesale and drop shipping services to business owners. The company sources products from manufacturers globally at lower prices. It also operates multiple warehousing facilities with a wide range of products. Besides this, Dropshipzone operates in five major categories, namely hardware, home storage, kitchenware, men's apparel, and mobile accessories.
5. Megagoods Inc.
Establishment: 2004
Headquarters: California, the United States
Website: https://www.megagoods.com/
Megagoods, Inc is a consumer electronics distributor specializing in drop shipping services. It primarily deals in the wholesale distribution of electronic parts and electronic communications equipment. The company also provides fulfillment services for video game products. Over the years, the company has shown a steady growth rate and is becoming one of the top companies in the drop shipping industry.
6. Wix.com Ltd. (Modalyst)
Establishment: 2006
Headquarters: Tel Aviv, Israel
Website: https://www.wix.com/
Wix.com Ltd. develops and markets a cloud-based platform that enables users to create a website or web application. It offers Wix Editor, Wix ADI, and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which enables users to connect with their customers, automate their work, and grow their businesses. In June 2021, the company acquired Modalyst, a leading dropshipping company that enables merchants to manage, create and grow their e-commerce brands with quality products, demand services, and dropshipping tools. The acquisition will extend the Wix eCommerce platform while connecting Wix merchants to a supplier marketplace wherein they can source millions of high-quality products.
7. SaleHoo Group Limited
Establishment: 2005
Headquarters: Christchurch, New Zealand
Website: https://www.salehoo.com/
SaleHoo Group Limited is an e-commerce company that manages SaleHoo.com, a website specializing in global trading between retailers and wholesalers. It currently specializes in information technology (IT) and services and business support services areas. The website also gives access to the SaleHoo directory, which serves as a market research tool using which business owners can source products from reputed suppliers. At present, SaleHoo has over 8,000 wholesalers, drop shippers, manufacturers, and liquidators on its website.
8. Shopify Inc.
Establishment: 2006
Headquarters: Ottawa, Canada
Website: https://www.shopify.com/
Formerly known as Jaded Pixel Technologies Inc., Shopify Inc. is a commerce company that enables merchants to display, manage, market, and sell their products through web and mobile storefronts, pop-up shops, physical retail locations, social media storefronts, buy buttons, and marketplaces. It also enables owners to manage products and inventory, process orders and payments, ship orders, build customer relationships, source products, and access financing. Besides this, the company also sells custom themes and apps and registration of domain names.
9. Spocket
Establishment: 2017
Headquarters: Vancouver, Canada
Website: https://www.spocket.co/
Spocket is a technology company that offers a dropshipping platform to connect dropshipping suppliers with online retailers. It serves as a huge marketplace of various products from different physical locations and industry categories. The company was also recognized as one of the top Canadian startups. At present, Spocket is integrated with Shopify, BigCommerce, Wix, and WooCommerce and has more than 50,000 merchants across the globe.
10. Sunrise Wholesale Merchandise LLC
Establishment: 1999
Headquarters: California, the United States
Website: https://sunrisewholesalemerchandise.com/
Sunrise Wholesale Merchandise LLC is a wholesale drop shipper that partners with leading dropship suppliers to offer various products. It offers over 15,000 wholesale products, including wholesale electronics, apparel, gifts, home decor, bulk buys, toys, garden tools, bath and body, candles, and home decor. The company is a member of the eBay developer's program and has an eBay-compatible application. It is also engaged in strategic partnerships with several leading companies having over 50 years of experience in the wholesale and dropshipping industry.
11. Worldwide Brands
Establishment: 1999
Headquarters: Florida, the United States
Website: https://www.worldwidebrands.com/
Worldwide Brands is a product-sourcing research company that operates WorldwideBrands.com, a website specializing in locating and qualifying factory-authorized wholesale suppliers and manufacturers. It also publishes the results in an online wholesale directory. The company's target market comprises home businesses, small to medium-sized retailers, and online merchants selling on popular e-commerce platforms such as Amazon and eBay.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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