Dropshipping Market Size and Share Analysis
You might be familiar with the definition of dropshipping. It is a business model where the seller will accept the customers' orders but will not keep the goods in stock. This seller will send the orders (with the shipping information) to the manufacturer, wholesaler, or retailer. The goods will then be shipped directly to the customers. You do not have to worry about the storing, packing, or shipping the merchandise/goods. The dropshipping market has seen and will see a significant growth because of the increase in online shopping during the pandemic. A development in cross-border ecommerce trade is another reason for the growth of the dropshipping market. An increase in the usage of smartphones and also the growth in consumer disposable income have also contributed to the massive expansion of the ecommerce market. This growth, in turn, has led to a huge demand for dropshipping services. Many retailers are now choosing the dropshipping business model so that there won't be mu