The Latin America, Middle East and Africa Dropshipping Market would witness market growth of 23.7% CAGR during the forecast period (2022-2028).
E-commerce companies with experience are aware that market changes aren't always foreseeable. Using a dropshipping provider as a backup saves money without losing those sales, as opposed to increasing inventory costs by overstocking to reach improbable maximums. Very helpful for seasonal overflow Actively working with a manufacturer or wholesaler, the vendor often purchases the item at a lower cost; their profit comes from the price difference between the original item cost and the amount they decide to sell it for.
The merchant neither stores its own inventory nor sends out shipments by itself. Instead, they concentrate mostly on controlling their internet presence, marketing, and advertising. The idea of dropshipping is often linked to the business strategy, which mostly entails shops collaborating with one another or with players further up the food chain. It is an order fulfillment strategy where a company doesn't hold any inventory of the goods it sells. Instead, to fulfill orders, the seller buys inventory as required from a third party—typically a wholesaler or manufacturer. Currently, customers prefer online shopping since there are a large variety of websites from which to pick.
The UAE leads the Gulf Cooperation Council (GCC) in terms of eCommerce sales, with a record $3.9 billion in sales in 2020, accounting for 10% of all retail sales. The market in the UAE grew by 53% in 2020. Cross-border eCommerce is growing popular among Middle Eastern internet customers. Due to their confidence in gateway security, internet buyers in the UAE made 58% of their transactions from foreign merchants. The sale of cosmetics and personal care items has lately increased dramatically in the Middle East and North Africa (MENA) area. This increase is especially apparent in the United Arab Emirates, where a sizable portion of the population spends a lot of money on cosmetics. These elements would support the growth of the regional market.
The Brazil market dominated the LAMEA Dropshipping Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14,251.1 Million by 2028. The Argentina market is experiencing a CAGR of 24.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 23.3% during (2022 - 2028).
Based on Product Type, the market is segmented into Fashion, Electronics & Media, Food & Personal Care, Toys, Hobby & DIY and Furniture & Appliances. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Dropshipping Market is Predict to reach $623 Billion by 2028, at a CAGR of 20.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Shopify Inc., AliDropship LLC (Sunshine Group), Doba, Inc. (Focus Technology Co., Ltd.), Megagoods, Inc., Modalyst, Inc. (Wix.com Ltd.), Printify, Inc., SaleHoo Group Limited (Doubledot), Sunrise Wholesale Merchandise LLC, and Wholesale2b.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Fashion
- Electronics & Media
- Food & Personal Care
- Toys, Hobby & DIY
- Furniture & Appliances
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Shopify Inc.
- AliDropship LLC (Sunshine Group)
- Doba, Inc. (Focus Technology Co., Ltd.)
- Megagoods, Inc.
- Modalyst, Inc. (Wix.com Ltd.)
- Printify, Inc.
- SaleHoo Group Limited (Doubledot)
- Sunrise Wholesale Merchandise LLC
- Wholesale2b
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Dropshipping Market, by Product Type
1.4.2 LAMEA Dropshipping Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Dropshipping Market by Product Type
3.1 LAMEA Fashion Market by Country
3.2 LAMEA Electronics & Media Market by Country
3.3 LAMEA Food & Personal Care Market by Country
3.4 LAMEA Toys, Hobby & DIY Market by Country
3.5 LAMEA Furniture & Appliances Market by Country
Chapter 4. LAMEA Dropshipping Market by Country
4.1 Brazil Dropshipping Market
4.1.1 Brazil Dropshipping Market by Product Type
4.2 Argentina Dropshipping Market
4.2.1 Argentina Dropshipping Market by Product Type
4.3 UAE Dropshipping Market
4.3.1 UAE Dropshipping Market by Product Type
4.4 Saudi Arabia Dropshipping Market
4.4.1 Saudi Arabia Dropshipping Market by Product Type
4.5 South Africa Dropshipping Market
4.5.1 South Africa Dropshipping Market by Product Type
4.6 Nigeria Dropshipping Market
4.6.1 Nigeria Dropshipping Market by Product Type
4.7 Rest of LAMEA Dropshipping Market
4.7.1 Rest of LAMEA Dropshipping Market by Product Type
Chapter 5. Company Profiles
5.1 Shopify, Inc.
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Partnerships, Collaborations, and Agreements:
5.1.5.2 Acquisition and Mergers:
5.2 AliDropship LLC (Sunshine Group)
5.2.1 Company Overview
5.3 Doba, Inc. (Focus Technology Co., Ltd.)
5.3.1 Company Overview
5.4 Megagoods, Inc.
5.4.1 Company Overview
5.5 Modalyst, Inc. (Wix.com Ltd.)
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Regional Analysis
5.5.4 Research & Development Expenses
5.6 Printify, Inc.
5.6.1 Company Overview
5.7 SaleHoo Group Limited (Doubledot)
5.7.1 Company Overview
5.8 Sunrise Wholesale Merchandise LLC
5.8.1 Company Overview
5.9 Wholesale2b
5.9.1 Company Overview
TABLE 1 LAMEA Dropshipping Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Dropshipping Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Fashion Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Fashion Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Electronics & Media Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Electronics & Media Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Food & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Food & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Toys, Hobby & DIY Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Toys, Hobby & DIY Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Furniture & Appliances Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Furniture & Appliances Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Dropshipping Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Dropshipping Market by Country, 2022 - 2028, USD Million
TABLE 17 Brazil Dropshipping Market, 2018 - 2021, USD Million
TABLE 18 Brazil Dropshipping Market, 2022 - 2028, USD Million
TABLE 19 Brazil Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 20 Brazil Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 21 Argentina Dropshipping Market, 2018 - 2021, USD Million
TABLE 22 Argentina Dropshipping Market, 2022 - 2028, USD Million
TABLE 23 Argentina Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 24 Argentina Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 25 UAE Dropshipping Market, 2018 - 2021, USD Million
TABLE 26 UAE Dropshipping Market, 2022 - 2028, USD Million
TABLE 27 UAE Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 28 UAE Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 29 Saudi Arabia Dropshipping Market, 2018 - 2021, USD Million
TABLE 30 Saudi Arabia Dropshipping Market, 2022 - 2028, USD Million
TABLE 31 Saudi Arabia Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 32 Saudi Arabia Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 33 South Africa Dropshipping Market, 2018 - 2021, USD Million
TABLE 34 South Africa Dropshipping Market, 2022 - 2028, USD Million
TABLE 35 South Africa Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 36 South Africa Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 37 Nigeria Dropshipping Market, 2018 - 2021, USD Million
TABLE 38 Nigeria Dropshipping Market, 2022 - 2028, USD Million
TABLE 39 Nigeria Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 40 Nigeria Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 41 Rest of LAMEA Dropshipping Market, 2018 - 2021, USD Million
TABLE 42 Rest of LAMEA Dropshipping Market, 2022 - 2028, USD Million
TABLE 43 Rest of LAMEA Dropshipping Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Rest of LAMEA Dropshipping Market by Product Type, 2022 - 2028, USD Million
TABLE 45 key information - Shopify, Inc.
TABLE 46 Key Information - AliDropship LLC
TABLE 47 Key Information - Doba, Inc.
TABLE 48 Key Information - Megagoods, Inc.
TABLE 49 Key Information - Modalyst, Inc.
TABLE 50 Key Information - Printify, Inc.
TABLE 51 Key Information - SaleHoo Group Limited
TABLE 52 Key Information - Sunrise Wholesale Merchandise LLC
TABLE 53 Key Information - Wholesale2b
List of Figures
FIG 1 Methodology for the research