Direct Selling Establishments Market 2023: Latest Insights, Growth Rate, Future Trends And Forecast To 2032

As per The Business Research Company's Direct Selling Establishments Opportunities And Strategies Market Report 2023, The global direct selling establishments market reached a value of nearly $207,687 million in 2022, having grown at a compound annual growth rate (CAGR) of 3.6% since 2017. The market is expected to grow from $207,687 million in 2022 to $265,121 million in 2027 at a rate of 5.0%. The market is then expected to grow at a CAGR of 5.0% from 2027 and reach $338,635 million in 2032.

During the forecast period, rising urbanization will support the growth of the direct selling establishments market. An increase in population boosts the need for food, groceries and other goods, driving demand for direct selling establishments. According to data from the UN, the world population is expected to reach 9.8 billion by 2050. Rising urbanization is also expected to contribute to the growth of the market in the forecast period. According to the United Nations, by 2050, it is estimated that around 68% of the total world population will live in urban areas, up from the 55% of the world's population living in urban areas currently. The increase in the urban population will drive the demand for groceries, food and other goods, thereby increasing the market for direct selling establishments.

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Companies in the direct selling establishments market are taking initiatives to tackle disinformation in the industry and to educate consumers about the business and its misinformation. For example, in December 2022, QNET, a Hong Kong-based prominent e-commerce based direct selling company, launched the Direct Selling Disinformation Centre (DSDC) to combat the proliferation of disinformation and misinformation about the direct selling industry and its brand. The Centre will work across the direct selling industry to ensure best practices are followed, including transparency, realistic expectations of partners and accurate product descriptions and claims. At the same time, the DSDC will collaborate with relevant stakeholders in government and trade bodies and regulators, to educate them about the business model, its potential and its impact on the economy.

The top opportunities in the direct selling establishments market segmented by type will arise in the multi-level marketing segment, which will gain $47,006.6 million of global annual sales by 2027. The top opportunities in the direct selling establishments market segmented by type of product will arise in the wellness segment, which will gain $24,962.1 million of global annual sales by 2027. The top opportunities in the direct selling establishments market segmented by price range will arise in the premium segment, which will gain $34,900.4 million of global annual sales by 2027. The direct selling establishments market size will gain the most in China at $7,706.6 million

Direct Selling Establishments Market Segmentation:
The Direct Selling Establishments market is segmented by type, by product and by price range
By Type-
a) Multi-Level Marketing
b) Single-Level Marketing

By Product -
a) Wellness
b) Cosmetics & Personal Care
c) Household Goods & Durables
d) Clothing & Accessories
e) Financial Services
f) Books, Toys, Stationery
g) Foodstuff & Beverages
h) Other Products

By Price Range -
a) Premium
b) Mid-Range
c) Economy

Major players in the Direct Selling Establishments market include Amway Corp, Herbalife Nutrition Ltd, Natura, Vorwerk & Co. KG, Nu Skin Enterprises Inc

The regions covered in the global Direct Selling Establishments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Direct Selling Establishments Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Direct Selling Establishments Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.......
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Direct Selling Establishments Market, Conclusions And Recommendations
23. Appendix

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