On the basis of geographical analysis, the global dropshipping market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is likely to hold largest revenue share by 2036, due to growing economy, large consumer base, and increasing number of manufacturers of various end-use products, including textile, furniture, and electronics.
The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the growing adoption of dropshipping, as it saves cost and requires less investment. As a result, a large number of dropshipping ventures have been established in the United States, and Canada over the past few years. Presence of various market players in the region is also estimated to boost the market growth.
Author Credits: Abhishek Verma
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