Dropshipping Market Size, Share & Trends Report

Dropshipping Market Size, Share & Trends Analysis Report By Product Type (Toys, Hobby & DIY, Furniture & Appliances, Food & Personal Care, Electronics & Media, Fashion), By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-3-68038-945-6
Number of Report Pages: 100
Format: PDF, Horizon Databook

Historical Range: 2018 - 2021
Forecast Period: 2023 - 2030
Industry: Technology

Market Segmentation

Dropshipping Product Type (Revenue, USD Billion, 2018 - 2030)
- Toys, Hobby, & DIY
- Furniture & Appliances
- Food & Personal Care
- Electronics & Media
- Fashion
Dropshipping Regional Type (Revenue, USD Billion, 2018 - 2030)
- North America
  - North America Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - U.S.
    - U.S. Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Canada
    - Canada Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
- Europe
  - Europe Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - U.K.
    - U.K. Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Germany
    - Germany Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - Spain
    - Spain Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - Italy
    - Italy Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
- Asia Pacific
  - Asia Pacific Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - China
    - China Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - India
    - India Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Japan
    - Japan Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Australia
    - Australia Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - South Korea
    - South Korea Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
- Latin America
  - Latin America Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - Brazil
    - Brazil Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Mexico
    - Mexico Dropshipping Market Service Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Argentina
    - Argentina Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
- Middle East & Africa
  - Middle East & Africa Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
    - Toys, Hobby, & DIY
    - Furniture & Appliances
    - Food & Personal Care
    - Electronics & Media
    - Fashion
  - UAE
    - UAE Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - Saudi Arabia
    - Saudi Arabia Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion
  - South Africa
    - South Africa Dropshipping Market Product Type (Revenue, USD Billion, 2018 - 2030)
      - Toys, Hobby, & DIY
      - Furniture & Appliances
      - Food & Personal Care
      - Electronics & Media
      - Fashion

Dropshipping Market Dynamics

Driver: Rise In Smartphone Penetration Coupled With Improved Network Connectivity

Over the last few years, the industry has been driven by rapid smartphone adoption and enhanced internet connection in developing nations. Smartphones provide consumers with access to a variety of e-commerce applications, allowing them to browse and search for items while placing purchases remotely. Smartphones have been used in cities for over a decade, and their use has grown in rural regions in recent years. Smartphones’ easy access to a wide range of items has changed rural populations’ perceptions of online shopping in developing nations, resulting in an increase in smartphone usage for online purchases. Several firms, including SHIPWIRE, INC, Webkul Software, Odoo, Shopify, and Jetti, are creating mobile applications to help sellers manage various suppliers in the dropshipping sector. For example, Webkul Software created Shopify Multi-Vendor Marketplace, a multi-vendor dropshipping mobile app that allows sellers to handle orders, monitor location, add/edit items, examine transaction and product listings, and more. Such advancements and software enhancements assist organisations in efficiently managing their dropshipping operations. The growing usage of these solutions is projected to propel the market forward.

Less Capital Investment Owing To Reduced Inventory

Traditional distribution routes need significant capital investment on the part of retailers in order to accumulate inventory. The increase in e-commerce sales has prompted merchants to seek alliances with e-commerce businesses in order to broaden their reach. The usage of a dropshipping strategy when partnering with e-commerce platforms helps to cut inventory storage and administration expenses. Dropshipping merchants can only acquire a product when an order is made and the Consumer confirms the transaction, minimising the upfront expenses associated with holding a large inventory. The elimination of inventory lowers the upfront and administrative expenses of inventory management. As a result, it is simple to establish a dropshipping business since the seller is not required to sell items from any stacked inventory, as is the case with traditional retailers. Furthermore, a dropshipping business does not require a lot of space and can be conducted from anywhere, even your house. This decreases total investment and saves on infrastructure costs. The dropshipping business model allows merchants to diversify their product portfolios and go into new product categories based on the orders they get.

Restraint: Fraudulent And Unauthorized Transactions

The dropshipping business model incorporates internet transactions, which make it subject to payment security risks. Security breaches, cyberattacks, and payment gateway vulnerabilities are projected to impede industry growth. The e-commerce business is saturated with identity theft instances in which fraudsters take a person’s sensitive information and conduct fraudulent transactions under their name. Other forms of fraud include chargeback fraud, in which a consumer files a chargeback with the bank after receiving the purchased products or services, claiming that their identity has been stolen. After the bank approves the chargeback, the transaction is cancelled and the consumer is refunded. In this situation, the seller is held liable for the “failed transaction” regardless of whether any steps were made to verify the successful transaction. Companies are using new security measures to prevent such fraud. For example, Shopify’s built-in fraud analysis uses machine learning algorithms to evaluate questionable orders in various ways in order to monitor fraudulent activity. These algorithms recognise signs such as the IP address from which the order was placed, the customer CVV number for bank identification, the usage of multiple payment cards, and the verification of the billing address.

What Does This Report Include?

This section will provide insights into the contents included in this dropshipping market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Dropshipping market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Dropshipping market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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