To bring a new product to the market, you need to first check if the market is ready for your product or not. The same applies to the dropshipping business model. Picking the right country to dropship makes a substantial difference in the success of your dropshipping business.
Now, the question is how to determine which dropshipping countries to target for your dropshipping business? We have sort-listed the top countries in the world where the demand for dropshipping products is relatively higher.
Did you know that the USA has the largest consumer market in the world? With a GDP of $68,310 (2021 est.) and a population of 333,193,717, this place can bring the best opportunities for your dropshipping business. With high average disposable income and the availability of fulfillment centers, the USA is the most appreciated market for a dropshipping business. Be it clothing, jewelry, fashion items, or furniture, whatever you are planning to sell, this market has an opportunity for you.
The UK is the second-best country for dropshippers. Its current GDP is expected to reach 41100.00 USD by the end of 2021. In addition, with a population of 68,288,604, the market can offer the best opportunities for dropshippers. If you are targeting the UK, you can also take it a step forward by focusing on Ireland.
The Australian dropshipping market is growing consistently and there is significant room for growth in the ecommerce market too. With a GDP of 6100.00 USD and an approximately 25 million population, it is one of those countries that you should not miss while dropshipping. Fashion items are the most popular niches when it comes to dropshipping in Australia.
The per capita income of Sweden is expected to reach $58,100 by the end of 2021. In 2020, the country's ecommerce market made it to $11,728m and it is expected to rise further this year. With such a huge ecommerce market, Sweden is considered the favorite of dropshippers.
If you are interested in unlocking dropshipping opportunities in Denmark, let us tell you the Danish population loves to shop online. If you can offer a curated niche for them, the benefits are huge. In 2020, the GDP of Denmark was 60,494 US dollars, which means the per capita income is incredible here. Hence, you can expect to capture this market for furniture, home decor, as well as fashion aparallels.
French people are known for their liking of fashion, clothing, and décor. If you can curate some classy products, the benefits for your dropshipping business can be remarkable. The per capita income of France is expected to reach $43,400 in 2022. Focus on selling fashion, décor, and cultural products.
Switzerland might be a small country, but its economic stability and life standard are unparalleled. With a per capita income of $94,696, the ecommerce market of this country is expected to grow subsequently. Even at present, the spending capacity of the country is quite remarkable and according to a study it was found that 26% of the Swiss population will shop online by 2026.
Some other countries that you can invest in are Belgium, Bulgaria, Croatia, Czech Republic, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Norway, Poland, Portugal, Romania, Slovakia, and Slovenia.