Dropshipping Industry to Witness 23.11% CAGR till 2028: An Assessment of Global and Country-Level Growth Trends for Electronics & Media, Fashion, Toys/Hobby/DIY, Furniture & Appliances, an...
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
Dublin, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The "Dropshipping Market 2024-2028" report has been added to ResearchAndMarkets.com's offering. The dropshipping market is forecasted to grow by USD 460.6 billion during 2023-2028, accelerating at a CAGR of 23.11% during the forecast period. This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in e-commerce industry, increasing global sourcing opportunities, and flexibility and scalability of dropshipping services. The study identifies the introduction of artificial intelligence and automation in dropshipping operations as one of the prime reasons driving the dropshipping market growth during the next few years. Also, sustainability and ethical sourcin
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