Market revenue in 2022 | USD 4,348.5 million |
Market revenue in 2030 | USD 7,418.7 million |
Growth rate | 6.9% (CAGR from 2022 to 2030) |
Largest segment | Health & wellness |
Fastest growing segment | Cosmetics and Personal Care |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Health & Wellness, Cosmetics and Personal Care, Household Goods & Durables |
Key market players worldwide | Amway Corporation, Herbalife Ltd, Natura &Co Holding SA ADR, Friedrich Vorwerk Group SE ADR, Nu Skin Enterprises Inc Class A, Tupperware Brands Corp, Oriflame |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to direct selling market will help companies and investors design strategic landscapes.
Health & wellness was the largest segment with a revenue share of 36.85% in 2022. Horizon Databook has segmented the Middle East & Africa direct selling market based on health & wellness, cosmetics and personal care, household goods & durables covering the revenue growth of each sub-segment from 2018 to 2030.
The direct selling market in the region is expected to show exponential growth rates in the coming years owing to the reinforcing potential of its e-commerce-based direct selling business model in the region. In March 2022, QNET LTD., the global e-commerce-based direct selling company, reported that Kuwait, the UAE, and Morocco are among the higher sales performing countries in the region.
During the global pandemic, direct selling offered promising assured growth opportunities for people who lost their jobs and steady source of income due to the pandemic. A growing number of distributors and partners are benefitting from direct selling businesses, which is expected to add momentum to market growth in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa direct selling market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa direct selling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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