Drop Shipping Business Plan Template [Updated 2024]

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III. Industry Analysis

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

[Company Name] competes against small, individually owned drop shipping companies. The Drop Shipping market size is expected to grow exponentially over the next five years, reaching $125.45 billion.

Growth is mostly attributed to the increase in online shopping, coupled with the rising trend of cross-border e-commerce trade. Hence, the rise in demand for drop shipping services is predominantly influenced by the growth of the e-commerce industry. Rising smartphone penetration, coupled with increasing consumer disposable income, is contributing toward the growth of the e-commerce market, thereby driving the demand for drop shipping services.

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