Market Overview:

The global dropshipping market is expected to exhibit a CAGR of 28.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Dropshipping refers to a retail fulfillment business model wherein merchants manage online stores and outsource, purchase, and procure stocks from third parties to supply customer orders without the requirement of warehousing inventory. It includes agreement signing with dropshippers, order placement, confirmation, product delivery, and receiving of goods by consumers as standard steps. Dropshipping aids in shipping orders, tracking inventories, handling inbound shipments, lowering overhead, and providing a wide range of products. This, in turn, assists enterprises in launching e-commerce stores, broadening their customer base, ensuring business scalability, and enabling expansion into new markets at relatively lower capital. Currently, dropshipping is available as regional parcel carriers, same-day, and heavy goods delivery types. 

Dropshipping Market Trends:

The global dropshipping market is primarily driven by the significant expansion in the e-commerce industry. This is further supported by the widespread adoption of online shopping platforms by consumers for purchasing various products, especially during the nationwide lockdowns caused by the sudden outbreak of the coronavirus disease (COVID-19) pandemic. Additionally, the shifting inclination of retailers toward the dropshipping business model over conventional distribution methods owing to its various beneficial properties, including lower capital inputs in logistics and inventory, is acting as another growth-inducing factor. Moreover, the introduction of e-commerce applications with voice-enabled virtual assistance and chatbots to streamline dropshipping operations is propelling the market growth. Other factors, such as the extensive utilization of various electronic goods to place an order, inflating disposable incomes, rising consumer expenditure power, and strategic collaborations amongst key players to automate business operations with enhanced financial output, are creating a positive outlook for the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global dropshipping market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, type and application.

Breakup by Product:

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

Breakup by Type:

• Same-Day Delivery
• Regional Parcel Carriers
• Heavy Goods Delivery
   

Breakup by Application:

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)
• Customer-to-Customer (C2C)
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AliDropship, Doba Inc., Dropified, DropshipZone, Megagoods Inc., Modalyst Inc. (Wix.com Ltd.), SaleHoo Group Limited, Shopify Inc., Spocket, Sunrise Wholesale Merchandise and Worldwide Brands Inc.

Report Coverage: