Italy Dropshipping Market Is Expected To Expand At A CAGR Of 18.1% From 2021 To 2028
Italy Dropshipping Industry Overview The Italy dropshipping market size was valued at USD 1.53 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.1% from 2021 to 2028. Due to the COVID-19 outbreak, Italian customers turned to e-commerce in great numbers. The e-commerce penetration in the country was less than 5% before the pandemic. However, the pandemic is expected to change this scenario, creating growth avenues for the drop shipping industry. The market is still in the growing phase and is projected to witness healthy growth over the forecast period. The e-commerce industry has been slow-moving due to unemployment and a struggling economy. However, with the pandemic, the growth is expected to pace up over the coming years. Dropshipping business involves selling products through online stores by the retailers and the shipment of products by third-party suppliers or product manufacturers. The dropshipping model offers brick and mortar store...