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Direct Selling Market Size, Share , Latest Trends, Key Players And Forecast To 2033
Direct Selling Market
As per the report, the direct selling market size has grown strongly in recent years. It will grow from $183.41 billion in 2023 to $194.83 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The direct selling market size is expected to see strong growth in the next few years. It will grow to $252.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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What Is Driving The Growth Of The Global Direct Selling Market?
E-Commerce Demand Spurs Growth In The Direct Selling Market
The increasing demand for e-commerce is expected to propel the growth of the direct selling market going forward. The e-commerce industry refers to the economy sector that involves buying and selling goods and services over the internet. The increasing demand for e-commerce is due to cost efficiency, social media influence, improved logistics, and changes in consumer behavior. Direct selling provides valuable data on customer preferences, buying behaviors, and feedback, which can be used to optimize e-commerce strategies, such as personalized marketing and product recommendations.
What Is The Key Trend In The Global Direct Selling Market?
Innovative AI Chat Agents Revolutionize Direct Selling Operations
Major companies operating in the direct selling market are focused on developing innovative products, such as AI chat agents, to enhance customer engagement, streamline operations, and provide tailored solutions based on individual customer preferences and behaviors. An AI chat agent is an artificial intelligence-powered conversational agent or chatbot designed to engage in natural language interactions with users, typically to provide customer service, information, or other interactive functionalities.
How Is The Global Direct Selling Market Segmented?
The direct selling market covered in this report is segmented -
1) By Type: Single-Level marketing, Multi-Level marketing
2) By Application: Wellness, Cosmetics, Household Goods, Other Applications
3) By End-User: Individual Customers, Commercial Customers
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How Is The Competitive Landscape Of The Global Direct Selling Market?
Major companies operating in the direct selling market are Amway Corporation, Herbalife International of America Inc., Isagenix International LLC, Telecom Plus PLC, Belcorp Corporation, Natura and Co Holding SA, Avon Products Inc., Primerica Inc., Forever Living Products International Inc., Nu Skin Enterprises Inc., Atomy Co Ltd., Medifast Inc., eXp World Holdings Inc., Tupperware Brands Corp., Oriflame Cosmetics S.A., USANA Health Science Inc., Juice Plus+ Company LLC, Betterware de México SAPI de CV, PM International AG, Scentsy GB PTY Ltd., DXN Holdings Bhd, Rodan & Fields LLC, Vorwerk Deutschland Stiftung and Co KG
Contents Of The Global Direct Selling Market
1. Executive Summary
2. Direct Selling Market Report Structure
3. Direct Selling Market Trends And Strategies
4. Direct Selling Market - Macro Economic Scenario
5. Direct Selling Market Size And Growth
…..
27. Direct Selling Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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