Who Are The Key Players In Italy Dropshipping Market?
Italy Dropshipping Industry Overview
The Italy dropshipping market size is expected to reach USD 5.82 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 18.1% from 2021 to 2028. Although e-commerce penetration is lower than 5% in Italy, the COVID-19 pandemic in 2020 proved transformational for the online business models. Since the outbreak of coronavirus and the resultant lockdown, the uptake of online shopping has witnessed a surge. While it is early to deduce whether the pandemic will bring about a massive shift in consumer buying behavior or not, it is most likely expected to result in changing shopping habits among consumers.
A shift in consumer preference for online shopping amidst the pandemic will bring about several changes to the logistic and e-commerce sector in the country. Although the grocery and provision sector has been at the forefront in online shopping through 2020, we expect this will create a shift in consumer buying patterns, with habits gradually expected to change from brick-and-mortar to online shopping. These changing patterns will create considerable opportunities for online marketplaces that offer various product categories ranging from apparel to electronics.
Italy Dropshipping Market Segmentation
Grand View Research has segmented the Italy dropshipping market based on product:
Based on the Product Insights, the market is segmented into Food, Furniture, Beauty & Personal Care, Personal Electronics and Media, Other Electronics (Home Appliances including Refrigerators, Washing Machines, Television, etc.), Fashion, and Others (Toys, Hobby, & DIY).
- The product segment has been categorized into food, furniture, beauty and personal care, personal electronics and media, other electronics, fashion, and others. The fashion segment held the majority market share of over 20% in 2020 accounting for close to USD 400 Million and is anticipated to witness significant growth by 2028.
- E-commerceplayers are focused on trying to understand consumers’ buying patterns and are align with consumers’ desire to shop from the comfort of their homes and offices, and even on the move. The change in consumer buying behavior, along with the convenience of reliable technology for secure transactions, will come as a respite for the Italian dropshipping industry.
Key Companies & Market Share Insights
Key drop shippers in the Italian market include Bazarissimo.com, bindCommerce srl, ItalianModa.Com, Italjapan S.r.l., and Mediatoys srl. Small and medium enterprises in Italy account for over 90% of the overall market. However, they are outnumbered when it comes to innovation. They tend to focus on improving their products and processes without understanding that they stand a chance for innovation. As against large enterprises, human resources excellence and R&D budget are among the several other constraints not allowing SMEs to pursue initiatives aimed at innovation.
The SMEs are among the prominent suppliers on Amazon.com, Inc. According to Amazon.com, Inc., more than 10,000 Italian SMEs were selling on Amazon in 2018, an increase of around 2,000 or 20% from the previous year. Italian SMEs listing and selling their products on Amazon recorded an export sale of around EUR 500 (USD 571.8) million in 2018, an increase of over 50% from the previous year. Some of the prominent players operating in the Italy dropshipping market are:
- com
- com
- com
- Medici in Firenze
- MediaToys Srl
- Oberlo
- co.uk
- Shopify, Inc.
Order a free sample PDF of the Italy Dropshipping Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Comments
Post a Comment