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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Direct Selling Market Growth
Direct selling, a time-honoured approach, involves the sale of products and services directly to consumers in locations beyond the confines of a stationary retail establishment. Certain direct selling enterprises provide exclusive products that are not readily accessible in traditional retail outlets. This presents consumers with a chance to acquire distinctive and specialised products tailored to their individual needs and preferences.
Some of the factors driving the growth of the direct selling market are the growing middle-class population in developing nations, the escalating accessibility of internet services, and the rise in disposable income as well as the convenience provided by this business model.
Direct Selling Market Report Snapshots
Direct Selling Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The direct selling market reached a value of nearly USD 175.19 billion in 2023.
The market is projected to grow at a CAGR of 1.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 204.89 billion by 2032.
The major drivers include rising incomes, a heightened awareness of health and beauty concerns, and the expanding middle-class population.
The key trends include the surging demand for customised purchasing experience, rising awareness of health and well-being, and rising internet penetration.
The different types of direct selling include single-level marketing and multi-level marketing.
Major applications of direct selling include wellness, cosmetics, and household goods, among others.
The major players in the market include Amway Corp., Herbalife Nutrition Ltd, Natura & Co, Vorwerk SE & Co. KG, Tupperware Brands Corporation, Oriflame Holding AG, and Mary Kay Inc., among others.
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