Top Companies in Dropshipping Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Dropshipping Market is projected to reach a value of USD 931.9 Billion by 2030 at a CAGR of 22.80% over the forecast period.
Vantage Market Research has recently published a new report on the "Dropshipping Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in Dropshipping Market. Some of the key statistics in the report highlight that the Global Dropshipping Market was valued at USD 221.3 Billion in 2022 and is projected to reach a value of USD 931.9 Billion by 2030 at a CAGR of 22.80% over the forecast period. The growth of the e-commerce industry predominantly influences the rise in demand for dropshipping services. Dropshipping is selling products through online stores where the retailers do not keep a stock of goods on hand. Instead, the retailer forwards customer orders and shipment information to the wholesaler or manufacturer, who then transports the goods directly to the customer.
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Well-known players like Etsy, Inc. (U.S.), Alidropship (U.S.), Inventory Source (U.S.), Modalyst Inc. (U.S.), Shopify Inc. (Canada), Printify (U.S.), Cin7 Orderhive Inc. (U.S.), and Wholesale2b (U.S.) dominate the Global Dropshipping market. These market participants also pursue strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Dropshipping Market
- Etsy Inc. (U.S.)
Etsy Inc. provides e-commerce services. The Company offers handmade and vintage items, art, supplies, and regular items such as clothing, housewares, paper goods, candles, bags and purses, music, and woodworking items. Etsy serves customers worldwide.
- Alidropship (U.S.)
Alidropship is a team of developers and dropshippers who decided to convert their common experience into this project - and to create an ultimate WordPress solution for AliExpress dropshipping businesses.
- Inventory Source (U.S.)
Inventory Source is the world’s largest and longest-running “Dropship Data Solution Provider,” connecting resellers directly to their dropship supplier programs and allowing resellers to manage product catalog updates efficiently. Inventory Source is headquartered in Jacksonville, Florida, with a global reach serving thousands of customers across multiple countries worldwide.
- Modalyst Inc. (U.S.)
Modalyst helps e-commerce businesses find the best items to dropship and reliable suppliers to work with. Our automation software enables e-commerce businesses to automatically upload products, sync inventory & route orders automatically.
- Shopify Inc. (Canada)
Shopify Inc. provides a cloud-based commerce platform. The Company offers a platform for merchants to create an omnichannel experience that helps showcase the merchant's brand. Shopify serves customers in Canada.
- Printify (U.S.)
Dropshipping is simple for novices to do with Printify. They are a dropshipping and print-on-demand platform that makes it simple for people from all walks of life to launch their businesses with no initial outlay.
- Cin7 Orderhive Inc. (U.S.)
Cin7 Orderhive is an e-commerce automation platform that helps you save time and focus on growing your business. With Cin7 Orderhive, automating tasks within your operations and across your apps is easy.
- Wholesale2b (U.S.)
The company mission at Wholesale2B is to help online entrepreneurs get started with a Dropshipping business fast and efficiently. The company goal is to increase your online Dropship business revenue with little effort and no technical knowledge.
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