Dropshipping Market to Strengthen Worldwide Presence by 2034
Global Dropshipping Market size and share is currently valued at USD 341.53 billion in 2024 and is anticipated to generate an estimated revenue of USD 2,768.10 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 23.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Market Overview Dropshipping is a retail fulfillment method where businesses sell products without holding inventory. Instead, orders are fulfilled directly by third-party suppliers, allowing retailers to operate with lower overhead costs and reduced risk. This model has gained significant traction due to its scalability and alignment with the digital economy. Key factors contributing to market growth include: E-commerce proliferation : The surge in online shopping has created a conducive environment for dropshipping businesses to thrive. Technological advancements : Integration of AI and a...