Dropshipping

28. Do an analysis regarding drop shipping in the USA. A minimum of 3 pages.

The forecasts estimate the amount of the US dropshipping industry at $125.45 billion in 2027, an increase from $36.11 billion in 2019. This is an annual compound growth rate (CAGR) in the range of 17.6 percent from 2020 to 2027. The rapid growth of the Dropshipping business across North America is being fueled partly by the increasing demand for consumer electronic devices. A growing number of consumers across North America are buying tablets as well as smartphones and laptops that open up exciting possibilities in research and development in a variety of areas. The result is an increase in the use of these devices across all areas that comprise the US economy (Wu et al. 2022). There’s plenty of potential for growth in the market for consumer electronics in nations such as Mexico and Canada which are anticipated to rise because of the growing brand recognition. The market for phone cases is growing rapidly which makes it a desirable eCommerce possibility. A lot of new businesses within the United States are being drawn to the rapidly growing industry of Dropshipping due to the increasing demands for consumer goods such as cellphone cases . Additionally, the expansion of the e-commerce market is expected to have an impact on the need for dropshipping within the United States. Cont…