Press release
Direct Selling Establishments Market: Steady Growth, Key Drivers, and Future Trends for 2024-2029
Direct Selling Establishments Market Size
The steady rise of the direct selling establishments market is predicted to continue.
• From $248.51 billion in 2024, the market is expected to reach $260.93 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.0%. This growth can be attributed to several factors such as strong economic growth in emerging markets, rise in disposable income, and consumers' increasing desire to authenticate products before purchase.
• Further growth to $306.21 billion is anticipated by 2029 at a CAGR of 4.1%. Government support, rising urbanization, the low initial cost of multi-level marketing (MLM) startups, and rising populations are the key contributors to this future growth.
What Is Driving The Growth In The Direct Selling Establishments Market?
The demand for additional income opportunities in developing and underdeveloped countries has been a significant growth driver in the direct selling establishments market. For example, in 2022, the Direct Selling Association reported that the direct selling channel generated $40.5 billion in retail sales and attracted 41 million customers in the U.S., demonstrating the strength of this sales model. The need for additional income opportunities is expected to continue to drive the direct selling establishments market during the forecast period.
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Who Are the Key Players Driving Direct Selling Establishments Market Growth?
• Amway Corp
• Herbalife Nutrition Ltd
• Natura
• Vorwerk & Co. KG
• Nu Skin Enterprises Inc
• Mary Kay Inc
• Coway
• PM- International
• Tupperware Brands Corporation
• Oriflame
What Are The Key Trends In The Direct Selling Establishments Market?
Key forecasted trends shaping the direct selling establishments market include:
• Focus on tackling disinformation in the industry,
• Increasing investments,
• Usage of artificial intelligence (AI),
• Geographic expansions,
• Mergers and acquisitions.
What Are The Segments Of The Global Direct Selling Establishments Market?
• By Type: Single-Level Marketing, Multi-Level Marketing
• By Product: Wellness, Cosmetics And Personal Care, Household Goods And Durables, Clothing And Accessories, Financial Services, Books, Toys, Stationery, Foodstuff And Beverages, Other Products
• By Price Range: Premium, Mid-Range, Economy
Which Region Leads The Direct Selling Establishments Market?
Asia-Pacific was the largest region in the direct selling establishments market in 2024, followed closely by North America. Other regions covered in the direct selling establishments market report are Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Direct Selling Establishments Market Global Market Report?
- Market Size Analysis: Analyze the Direct Selling Establishments Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Direct Selling Establishments Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Direct Selling Establishments Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Direct Selling Establishments Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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