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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Direct Selling Market Trends
Establishing trust between a seller and a customer hinges on the provision of a customised buying experience. With the interactive nature of direct selling, businesses have the chance to offer individualised service, allowing them to gain a deeper understanding of their customers' needs, preferences, and goals.
Furthermore, the market for healthcare and wellness products is experiencing significant growth, while evolving lifestyles and an emphasis on self-care and personal appearance further contribute to capitalise on the demand for grooming products, including skincare, cosmetics, and hair care items. This is eventually contributing towards accelerating the demand of direct selling market.
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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