The global direct selling establishments market size is expected to grow from $449.79 billion in 2021 to $466.73 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The global direct selling establishment market size is expected to grow to $510.39 billion in 2026 at a CAGR of 2.3%.
What is the Global Direct Selling Establishments Market?
The direct selling establishments market consists of sales goods and services by entities (organizations, sole traders, and partnerships) that are engaged in non-store retailing of merchandise except e-commerce, mail-order, and vending machine sales. The entities operating in this industry go to the customer’s location rather than the customer coming to them, such as door-to-door sales. This includes home delivery of the newspaper, home delivery of heating oil, liquefied petroleum (LP) gas, and other fuels, locker meat provisions, frozen food and freezer meal plan providers, coffee-break supplies providers, and bottled water or water softener services. Only goods and services traded between entities or sold to end consumers are included.
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What drives the Global Direct Selling Establishments Market?
The need for additional income opportunities in developing and underdeveloped countries has been a driving factor in the direct selling establishments market. According to The Associated Chambers of Commerce and Industry of India (Assocham), the direct selling industry reached $2169 million by 2021 in India. Direct selling could be a viable income source, even if someone wants to do it part-time. Direct selling in long term promotes self-employment and financial independence. ASSOCHAM paper also reveals the average sale of each participant in India is about $300 per year. The need for additional income opportunities is expected to drive the direct selling establishments market during the forecast period.
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Global Direct Selling Establishments Market Segments
The global direct selling establishments market is segmented:
By Type: Single-Level Marketing, Multi-Level Marketing
By Products: Wellness, Services, Home and Family Care, Personal Care, Clothing and Accessories, Leisure and Educational, Others
By Price Range: Premium, Mid-Range, Economy
By Geography: The regions covered in the direct selling establishments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Direct Selling Establishments Global Market Report 2022provides market size and growth forecasts for the global direct selling establishments market, global direct selling establishments market share, direct selling establishments market segments and geographies, direct selling establishments market competitive landscape including leading competitors’ revenues, profiles and market shares. The direct selling establishments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Direct Selling Establishments Industry Playersinclude Herbalife, Amway, Mary Kay Inc., Infinitus, Tupperware, Vorwerk, Natura, JoyMain, DXN, and Belcorp. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
