The global Dropshipping Market size is expected to reach
USD 557.9 billion by 2025, registering a CAGR of 28.8% over the forecast
period, according to a study conducted by Grand View Research, Inc. Rising
consumer inclination toward online shopping platforms, coupled with the
proliferation of internet users, is anticipated to positively impact market
growth. Dropshippers offer services to retailers such as direct transfer of goods
to customers and inventory maintenance. Moreover, benefits provided through
dropshipping services encourage e-commerce companies to adopt these services,
as the shipment of the products/goods is not limited to the internal boundaries
of the country and can even offer product deliveries across international
borders.
Rising disposable income and increasing
internet and smartphone penetration have favored the e-commerce industry,
thereby impacting the adoption of dropshipping. Dropshipping enables e-commerce
companies to capitalize on warehouse and logistics investments. Moreover, fewer
capital investments in inventory and logistics have resulted in an increased
demand for dropshipping amongst retailers.
Several e-commerce startup businesses are
opting for dropshipping services since fewer investments are required for
product warehousing, resulting in reduced shipping and logistics costs. The
growing number of online purchases by consumers has enabled the emergence of
new e-commerce companies. Inclination of emerging e-commerce companies toward
dropshipping business is further generating avenues for market growth.
However, government rules and regulations for
product shipment and cybersecurity threats are hindering the market growth.
Moreover, the General Agreement on Trade in Services (GATS) comprises rules and
regulations governing international trade in services, with significant
implications for e-commerce. The Anti-Spam Law is in place to protect consumers
from receiving unsolicited marketing material, thereby restraining the growth
of the market.
Request a free sample copy or view report summary: Dropshipping Market
Report
Dropshipping Market Report Highlights
- The electronics and media segment accounted for a market share
exceeding 22.0% in 2018 owing to increasing innovations in the electronics
industry, coupled with rising demand for electronics
- The food and personal care segment is expected to register a CAGR
exceeding 30.0% from 2019 to 2025, owing to the rising consumer demand for
skincare products and cosmetics, among others
- The fashion segment held the largest market share of over 30.0% in
2018, which can be attributed to the growing disposable income of
consumers, coupled with rise in online retail spending among consumers
- Asia Pacific is expected to witness substantial growth owing to the
high percentage of global population and increasing internet penetration,
which, in turn, drives the e-commerce industry in the region
- The dropshipping market is fragmented and characterized by the
presence of small- and medium-sized companies. The major global players
operating in the market include AliDropship; Doba, Inc.; SaleHoo Group
Limited; and Oberlo, Inc.
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
Contact:
Sherry James
Corporate Sales
Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment