The global direct-to-consumers (D2C) market is anticipated to grow at a significant CAGR of 15.7% during the forecast period (2024-2031). Improved control over pricing and margins and better distribution of products is a key factor driving the growth of the global market. The use of this business model removes the intermediaries and provides business an opportunity to investigate more benefits that will make their customers feel like they are getting more for their money when they buy their items. Therefore, more and more businesses are opting for this model. For instance, in February 2024, to compete against ecommerce marketplaces like Amazon and Flipkart, Zomato has planned to add brands across a new category to its 10-minute delivery platform, Blinkit. This major step into the fast-growing direct-to-consumer (D2C) space will help them to directly source branded products and manage stocks which will be delivered through Blinkit.
Furthermore, brands have had to match their packaging choices to the demands of the store they were collaborating with. By using the D2C approach, marketers design their own packaging strategies such as using sustainable packaging and it lets them have monitor the consumer experience and also save expenses. For instance, in December 2023, Wipro Consumer Care, enters in D2C space with Bio-essence. The company has launch ready-to-cook breakfast and South Indian snacks. It is also planning to expand in the premium segment such as moisturizers, facial cleaners and toners.
Further, in July 2023, Myntra introduced the Myntra Rising Stars program with the aim to strengthening the direct-to-consumer (D2C) ecosystem in India. The program onboards 200 made-in-India fashion, footwear, home, and accessories brands. It provides comprehensive support services to accelerate the growth of these brands.
To Request a Sample of our Report on Direct-to-Consumers Market: https://www.omrglobal.com/request-sample/direct-to-consumers-market
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By End-User
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Delhivery Ltd., Blue Dart Express Ltd., DTC Express Ltd., Ekart Logistics and FedEx Corp. among others.
Direct-to-Consumers Market Report Segment
By End-user
- Fashion
- Consumer electronic
- Beauty and Personal Care
- Home decor
- health care
- Other (grocery and gourmet)
By Distribution Channel
- E-commerce platform
- Community platform
- Social media
- Retail store
A full Report of Direct-to-Consumers Market is Available @ https://www.omrglobal.com/industry-reports/direct-to-consumers-market
Direct-to-Consumers Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- DTDC Express Ltd.
- Ecom Express Ltd.
- Ekart Logistics
- FedEx
- Gati Express & Supply Chain Private Ltd.
- Pickrr
- Shadowfax
- ShipBob Inc.
- Shiprocket
- Shipyaari
- XPO Inc.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/direct-to-consumers-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
Article source: https://article-realm.com/article/Business/63584-Direct-to-Consumers-Market-to-Signify-Strong-Growth-by-2024-2031.html
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