For any business involving semiconductors, you must have heard or seen about the chip shortage lately. Well, creating a chip is an extremely long, entangled and expensive process, which definitely puts it in the spot of shortage.
Chips (Semiconductor or microchip) have made many things possible today. These are the major elements for any gadgets or you can simply refer to them as the life of the gadgets. And for this semiconductor industry, Taiwan dominates over everyone in this entire world. It is even responsible for more than half of the global market share of generating these chips.
But lately, in the pandemic of Covid-19, a major shortage of these silicon chips have been noted. According to a report by IEEE Spectrum, the automakers abolished the production of vehicles at the very beginning of the pandemic and ordered huge amounts of chips.
Looking at these statistics, the chipmakers thought that other industries will also follow this and this resulted in decreased chip production. But what actually happened was entirely the opposite of what the chipmakers thought! Demands for chips rose because of the digital remote of the classrooms and offices.
Because of this, some of the biggest companies across the world got affected pretty badly. And that’s what we are discussing in this article. We have described how some of the top companies got affected by the shortage of chips. Let’s get started!
This might come as a little shocking to you that a company as big as Apple gets affected by the chips shortage! But this is true.
As of April 2020, Apple published its second-quarter revenue report which clearly outdated the estimation made by the analysts. Within the same period, the CFO Luca Maestri, through a conference call, warned the company that because of the supply limitations, the revenue can be decreased by $3-4 billion, that is, its third-quarter revenue. He mentioned that because of the shortage in the chip’s supply, the sales of iPads and Macs can be majorly affected.
These gadgets carry a very high demand among the customers, especially in the pandemic when everything went digital. The CEO of the company, Tim Cook said that the chip shortage only affected the “hereditary nodes” of the previous chips, although the company didn’t really reveal the specification of the chip.
Apple entirely relies on Taiwan Semiconductor Manufacturing, for the production of chips needed for the creation of Apple’s products.
The company, Nintendo, has already established itself with some very serious complications. This was mainly because the investors questioned how Nintendo’s aging Switch gaming console could survive or beat the PS5 and Microsoft’s Xbox series consoles. But the company proved everyone wrong when it came out with a tremendous fourth-quarter revenue report, beating the estimation made by the analysts.
Nintendo got majorly affected because of the chip shortage and brought hard competition to the robust sales of the company throughout the pandemic. Because of this, the company is expected to decrease the operating profit up to 9% and 22%. Alongside, the annual Switch console shipment will also decrease by around 11%.
Nintendo uses the fast NVIDIA chip along with the Samsung OLED display for the development of its upgraded Nintendo Switch OLED. But because of the chip shortage, it became difficult to launch these.
Sony
Sony PS5
The very famous Sony came out with the latest PS5 consoles at the end of 2020. Chips were expected to play a very vital role in this as they would enhance the gaming and networking services segment. This alone holds the revenue of 30% along with 35% of the operating profit in the fiscal year 2020.
The gaming and network services rose up to 35% in revenue in the year 2020 which increased the sales of PS4 software alongside the launch of PS5’s launch. In fact, the PS5 also witnessed huge profit at the beginning of its sales. Sony sold around 7.8 million PS5 units by the end of March 2020 and the estimated data showed that the sales would increase more vibrantly throughout the year.
But because of the global chips shortage, the PS5 console could not reach the growth trajectory which was expected to rise with great heights. The chip shortage caused delays in the third-party game publishers that resulted in the postponing of the PS5 console among the larger audience.
The global chips shortage resulted in some major losses for companies. Although both Sony and TSMC are working on speeding the production of chips all over the world. Still, many doubt that won’t be possible on a larger scale. Many theories and speculations have been made on this venture but still, no proper answer has been finalized for a better cause.
The chips/microchips/semiconductors are the basic element for any electronic gadgets and companies like Apple or Sony that produce these on a massive scale face major issues and losses during such crises. In this article, we highlighted the three major companies that faced a major crisis because of the shortage of chips.
FAQ
Why is there a silicon chip shortage?
The reason behind global chip shortage is supply chain disruptions due to the pandemic and a sharp rise in demand for electronic goods.
How long will the chip shortage last?
According to some analysts the shortage will likely last until 2023.
Which is the largest chip manufacturer?
Taiwan Semiconductor Manufacturing Co. or TSMC, is the world’s largest contract manufacturer of the semiconductor chips.
Dropshipping has been a trending topic among the marketers, entrepreneurs and all people involved in business. But, what does dropshipping mean and how can it prove to be profitable to you?
For instance, you have been planning on opening up your own online business, but you do not know how and from where to start. Various questions might be popping up in your mind such as – What to sell, How to choose what to sell, how to manage investment and inventory. No issues at all! Dropshipping is the best option for you to opt.
Dropshipping is a business model which is used to launch and run your store. It is an online retail business whereby the sellers takes the orders of the products from their customers but does not keep any stocks with themselves. Instead, the order gets transferred in the form of supply chain management to the seller’s supplier who directly delivers the product to the customer.
The dropshipping market is a viable profit-making platform whereby a store doesn’t keep the stocks that it sells. Instead, a product is sold using the drop-shipping model which involves the acquisition of the item from a third party that ships it directly to the customer.
Dropshipping has become a highly successful e-commerce business model that can be started practically with zero investment.
According to e-Marketer, five countries with the highest e-commerce and dropshipping market shares in terms of revenue in 2021 are:
Country
Revenue
China
US $2,779.31 billion
Japan
US $144.08 billion
UK
US $169.02 billion
South Korea
US $120.56 billion
USA
US $843.15 billion
Furthermore, according to Statista:
In 2021, it has predicted that e-commerce sales across the globe might hit $4.2 trillion.
About 2 billion people had purchased goods online in 2020 globally.
The e-commerce retail sales are expected to reach 21.8% of the retail sales across the world by 2024.
The average revenue per shopper for the US market is about $1,804. Whereas, $1,629 for the UK market.
The gross B2B merchandise volume of e-commerce transactions is expected to hit the $10 trillion milestone by the end of 2021.
Why Should You Start Dropshipping?
Dropshipping business models are rapidly gaining popularity. It is opening up the world of e-commerce to various entrepreneurs. If you are still not convinced, here are more reasons to get into dropshipping:
The primary advantage of dropshipping is that the seller need not have storage space for inventory.
The seller is free from the pain of managing the inventory.
You have more time to spend on increasing your marketing efforts and customer interactions.
Dropshipping is a convenient method that allows you to save a lot of expenses.
The dropshipping industry is expected to reach a market valuation of $557.9 billion before 2025, registering a CAGR of 28.8%.
According to a report on dropshipping analysis-
Suppliers earn 18.33% more profit if they sell to drop shippers rather than making sales from their online stores.
Statistics depict that drop shippers earn 50% more profit than those who keep their inventory.
What is Average Monthly Profit in Dropshipping
Based on sales and reviews of the users on the top dropshipping websites, we can determine that the standard dropshipping margins range from 20% to 15%. When you buy a product at a wholesale rate, you get about 40-50% off on the retail prices of the same products you are already selling.
You can sell the products for double price or a 50% profit.
By this calculation, if you can have a minimum of 5 sales per month then you can get a profit of (5 x 50 =250) 250% profit for your investment per month. But you must keep in mind to deliver quality products for a genuine price.
However, in the beginning, it all depends on the presentation and the way you gain the trust of the visitors and how well you convert them into the customer.
Statistics say that-
The top 10% of eBay drop shippers make $7,731/month profit on an average, which is a whopping $92,772/year
A quarter of eBay drop shippers currently make more than $1,000 profit/month.
The average eBay drop shippers make a profit of $2.67 for each sales order that they fulfil.
Drop-Shipping Profit Formula
The price of the products that usually falls between $1 and $20 can generally be priced within the $20-$50 price range or more as per the most successful dropshipping websites. Whereas, having a profit margin of 40%-70% is recommended.
For instance, if you get a product of $15 from AliExpress and you sell it for $30. After cutting off the shipping, advertisement, and promotion costs, your actual profit over the product is $10.
$10 profit x 1000 orders = $10,000 per month
Products to choose for Dropshipping
If you are getting into dropshipping, you should first decide which niche of products you will be selling. It is important because your marketing, profits, and brand depends on the niche you choose. You should not choose multiple niches to start with as that may dilute your marketing efforts.
Deciding on which niche to choose is very important therefore, it involves good research to choose a suitable one. The productivity solely depends on what niche is chosen.
A steady niche is something that has a regular demand throughout the year, like clothes. Whereas, trending niche products are stuff that came into the market recently or people buy them around a particular time of the year. A good example of Trending niche in dropshipping is fidget spinner, which was trending for a while but very few buy it now.
Most of the successful dropshippers say that an evergreen niche must be preferred over a trendy niche as it proves to sustain for the long term.
We have listed below various steady, trendy, and most productive niches that have sustained success over the past few years. The most successful niches are the more consistent ones rather with the hottest trends.
Investment Needed for Dropshipping
Beginning your business with almost zero investment is the most unique feature of Dropshipping. But if you want to reach heights in no time, you can always do it by investing wisely. A nominal investment made in the promotion and advertisement of your products on various social media platforms can be a great idea.
No niche demands money as such, but spending money on promotion and advertisement of the product you wish to sell can be beneficial.
35 Most Profitable Niches for Dropshipping
Health and Fitness
Health and fitness products for Dropshipping | Most Profitable Niches for Dropshipping
A healthy life leads to a happy life. Health And Fitness is an evergreen niche that focuses on products related to exercising and health.
Dropshipping Products to sell in Health and Fitness niche
Resistance bands
Yoga mats
Armbands
Fitness trackers
Jump ropes
Sport nutrition products
Rehabilitation products
Home gym equipment
Aqua Training bags
Vibration plate
Where to get Health and Fitness products for dropshipping
AliExpress
Aquatix
Deltech Fitness
National Fitness Products
Fitness systems
HealioHealth
Air purifiers
Massage Guns
Face Slimmers
Is the Health and Fitness niche still profitable for dropshipping in 2021?
Fitness has been on the rise due to COVID-19. Health and fitness awareness has gone up incredibly, therefore, fitness-related items have become even more popular.
Due to the closing of gyms and public parks, a huge increase in sales of products of this niche has been witnessed.
This health and fitness niche is expected to stay profitable and grow even more throughout 2021.
Beauty and Skincare
Most Profitable Niches for Dropshipping | Beauty and skincare products
Who doesn’t want to look beautiful? But the truth is, the older you get, the weaker you become. There are various products to secure your beauty without any side effects on your skin.
Beauty and Skincare are some of the most loved niches of women especially. The beauty and Skincare niche has generated nearly $35 Bn revenue during 2021, which depicts an ever-rising demand for beauty and personal care products. Various dropshipping suppliers are working in this niche.
Dropshipping Products to Sell in Beauty and Skincare Niche
All Day Waterproof Mascara
Rose Quartz Facial Roller
Multipurpose Exfoliating Facial Razor
Scalp Massager Shampoo Brush
Gel Nail paint Kit
Hair accessories and wigs
Blackhead removers
Fragrances and deodorants
Herbal Cosmetics
Where to get Beauty and Skincare products for dropshipping (Topmost suppliers)
AliExpress
EPROLO
Beauty Joint
ISO Beauty
Born Pretty
Naturally Vain
Pure Source
Emerson Ecologics
FragranceNet
Is the Beauty and Skincare niche still profitable for dropshipping in 2021?
Self-care was, is, and always will be important. Therefore, Beauty and Skincare are one of the evergreen niches for dropshipping. It is a profitable niche not only for 2021 but also for the times to come.
Jewelry has always been popular and always will be. Before you start the business in this niche, it’s essential to choose the most suitable suppliers.
Most drop shippers particularly operating in the jewelry niche are easily making around 20% of their gross sales or 20% of their profit. For instance, if a person says that he has earned $10,000 from their dropshipping business, it means that around $2,000 of that is profit.
Dropshipping Products to Sell in Jewelry niche
Rings
Earrings
Necklace
Pendants
Personalized Jewelry
Brooches
Bangles
Couple Rings
Where to get Jewelry products for dropshipping (Topmost suppliers)
Is the Jewelry niche still profitable for dropshipping in 2021?
The jewelry dropshipping business is profitable if sold in the right target market. The Jewelry and Accessories niche is among one of the top-earning niches. Its sale gets boosted even more during festive and wedding occasions.
Art and Crafts – Most Profitable Niches for Dropshipping
Are you a crafty person? If yes, opting for the Art and Craft niche for dropshipping business will prove to be a great option for the first mover entrepreneurs like you. Creativity is loved by all and you can be a part of this field in just a few steps as mentioned below:
Find top products
Learn as soon as possible from the competition
Set the right price
Expand the offerings
Use hyper-targeted ads
Ship with e-Packets
Dropshipping Products to Sell in Art and Craft Supplies niche
Easels
Paints
Brushes
Watercolors
Pastels
Pens
Paper
Where to get Art and Craft Supplies for Dropshipping
Aliexpress
Printify
Printful
Creative hub
Is Art and Craft Supplies still profitable for dropshipping in 2021?
The biggest advantage of this niche is that it has a never-ending product lineup and will be profitable till the earth exists. You can make it even more profitable by setting your profit for a low price according to the product and its sale. If you are getting visitors and a good level of sales then you can lower the price and focus on the ads to earn better.
Gardening
Gardening – Most Profitable Niches for Dropshipping
Since last year, people have been spending more time in their homes and house gardens. This has given them time to introspect their lives and have realised that their busy lives have given them no time for plantation and gardening. But, now they have enough time to beautify their house, garden or plantation.
Gardening products have been an overwhelming dropshipping niche. The market is assured to grow by more than $100 billion by the end of 2021, therefore, it is a great time to get into this industry.
As per the 2018 BusinessWire Report, the home and garden dropshipping market are likely to grow by $140 billion in the next four years.
Dropshipping Products to Sell in Gardening niche
Artificial plants
Ultra strength anti-leak tape
Anti-Mosquito Bracelet
Fruit Catcher Device
Groot Flower Pot
Colorful Mini Flower Pots
Solar Powered Motion Light
Garden Claw Gloves
Potato Grow Bag
Sprinkler Systems
Seed Drill
Indoor Gardening Tools
Where to Get Gardening Products for Dropshipping
AliExpress
ShopHoo
Is the Gardening niche still profitable for dropshipping in 2021?
Plants should be and always will be all over the place! They are now finding their ways indoors and require their owner’s attention and care as well. Pandemic has made people realize the importance of plants and trees in their surroundings. Gardening is likely to fall under the category of the top product niches for dropshipping since 2020.
Electronic Gadgets and Accessories
Electronic-Gadgets – Most Profitable Niches for Dropshipping
One of the most profitable and highly competitive niches is electronic gadgets and their accessories. With the advent of technology, the craze for electronic gadgets has increased. Everyone wants to comply with the current pace of technology.
The revenue generated by the electronics and its accessories niche during 2020 was more than $500 Billion which increases consistently each year. If you wish to work with suppliers of electronic gadgets and various products of this niche, the list below mentions the top dropshipping suppliers of this niche.
Dropshipping Products to Sell in Electronic Gadgets and Accessories niche
Earphones
Trimmers
Home-Appliances
360-degree Cameras
T.V & Monitors
Wearables and accessories
VR Devices
Bluetooth and wireless devices
Where to Get Electronic Gadgets and Accessories for Dropshipping
NovaTech Wholesale
AULOLA (UK)
DropshipZone
DHgate
AliExpress
SaleHoo
Doba
ASI Partner
ChinaVasion
Cost Tag
MA Labs
Mega Goods
Oberlo
Is the Electronic Gadgets and Accessories niche still profitable for dropshipping in 2021?
Science and technology are expanding their wings with each passing day and hence the demand for new Electronic gadgets and accessories is constantly increasing making it a profitable niche today and tomorrow as well.
Kitchen Supplies- Most Profitable Niche for Dropshipping
This niche is a blend of various expensive and cheaper products. People usually search for trusted sources and brands for expensive ones such as blenders, juicers, etc. But you can maintain a good turnover in this niche by filtering out those with cheaper prices and create a wow factor.
The kitchen Supplies niche is mentioned as one of the top niches for dropshipping in 2021.
Dropshipping Products to Sell in Kitchen Supplies niche
Pop-up Toaster
Plastic Food Containers
Cookie-Cutters
Flexible Cutting Board
Salad Cutter Bowl
Folding Trash Bin
Cup Holder Hooks
Knife Set
Advanced Blender Vacuum Mixer
Microwaves & Accessories
Where to get products of Kitchen Supplies for Dropshipping
Aliexpress
Dropship Zone
DHgate
SaleHoo
Doba
Oberlo
Is the product of Kitchen Supplies still profitable for dropshipping in 2021?
The kitchen niche is a great niche to dive into, as it is one of the most popular and profitable dropshipping niches even before the pandemic. The kitchen Supplies niche is always in demand, always open to sale and helps drop shippers make the most profit out of it.
Even in the pandemic, when every place faced lockdown, the kitchen was the only place that was never closed, and never will be.
Home Decor- Most Profitable Niche for Dropshipping
Pandemic has forced all of us to be locked inside our homes. We have now a lot of time to give to our homes.
The messy place fills up our minds with stress. Home décor and home organization is one of the best ways to cope up with stress. All things must be organized around us if we want to be peaceful and calm. Therefore, boxes, bins and shelf organizers are in higher demand now.
Home décor and Home organization niche has seen a sweeping boom in its sales. Home décor products have been one of the most rising dropshipping niches. The market is expected to grow by more than $100 billion in 2021, and it’s a brilliant time to be a part of this niche right now.
Dropshipping Products to Sell in Home Decor and Home Organization niche
Wall Stickers
Canvas
Storage Boxes
Foldable organizers
Kitchen organizers
Office Tables
Educational equipment
Where to get Home Decor and Home Organization products for Dropshipping
Are Home Decor and Home Organization niches still profitable for dropshipping in 2021?
The pandemic has brought a drastic change in our lives. Home has become our workplace, restaurant, school, and much more. Therefore, it has become necessary to organize our houses even more. Home design preferences have been changing and people are trying to make their homes even more comfortable.
Clothing
Clothing- Most Profitable Niche for Dropshipping
Clothing is an extremely competitive niche, but highly flourishing as well. You simply need to keep pace with the trend. Fashion in clothing keeps changing with time and so do the people’s demands.
The clothing niche has unparalleled upside potential, women and men’s clothing and accessories have taken the core stage in 2021. There are plenty of dropshipping suppliers that offer a wide range of fashion in clothing and accessories.
Dropshipping Products to Sell in Fashion niche
Tops and T-shirts
Denim
Dresses
Workout Clothes
Coats and Blazers
Pants and Trousers
Suits and Kurties
Leggings and Plazo
Capries and lowers
Where to get products in Fashion for Dropshipping
A4 Apparel
BrandsGateway
B & F System Inc.
SaleHoo
Printful
Tmart
AliExpress
Doba
Oberlo
Wholesale2b
Is Fashion Still Profitable for dropshipping in 2021?
Men and women both love fashion. As a result, the worldwide revenue for fashion is expected to grow to $713 billion by 2022, so there’s a high rate of generating profits.
Kids Stationery
Kids stationary- Most Profitable Niche for Dropshipping
Children are the future of the nation. It is the main aim of every parent that their kids grow up to be smart and successful. The journey begins in childhood with small steps.During this pandemic times when children are locked inside their homes, you can help them to develope their brains by providing them the products that fall under the niche of kids’ stationery.
The kids stationery niche has seen an incredible rise in 2020-2021 due to the popularization of online classes and the online education system.
Dropshipping Products to Sell in Kids Stationery niche
Educational Toys
Kids Stationary
Children’s Desks
Craft Toys
Puzzles
Math Games
Where to get Kids Stationery Products for Dropshipping
Tmart
SaleHoo
AliExpress
Oberlo
Brybelly
Is Kids Stationary Niche still profitable for Dropshipping in 2021?
During this difficult time, when adults and children are stuck together in their homes, educational toys prove to be the best way to entertain kids and keep them busy. It helps them to learn with fun. There has been an unexpected rise in this niche and is still profitable.
Lifestyle Products | Most Profitable Niches for Dropshipping
Do you also wish to bring value to your customers? Think about products that can make their life easier. Most drop shippers earn a six-figure income simply by providing them items that would ease their lives.
People are prone to updating their lifestyle and thus, prefer buying smart products offered under the lifestyle niche. The posture correctors market alone is expected to reach $1.741,7 million by 2026.
Dropshipping Products to Sell in Lifestyle niche
Smart home devices
Indoor gardening tools
Posture correctors
Smart Mirror
Floor Pillows
Smart kitchen devices
Where to get Lifestyle Products for Dropshipping
ETSY
AliExpress
SaleHoo
Oberlo
Is the Lifestyle niche still profitable for dropshipping in 2021?
Uniqueness is always welcomed. Get your customers something that no one does. Promote those attractive products with enticing advertisements on various social media platforms. That’s how this niche will prove to be incredibly profitable not only in 2021 but also in years to come.
Mother and Kids
Kids Products | Most Profitable Niches for Dropshipping
Babies are the actual winners of 2020. The stats also depict that a rise of 6.2% is likely to happen in the market value of baby personal care market size between now and 2022.
Dropshipping Products to Sell in Mother and Kids niche
Baby Clothes
Maternity leggings
Baby bouncer
Baby toys
Babycare
Baby Feeding
Safety Equipment
Where to get Products of Mother and Kids for Dropshipping
Aliexpress
SaleHoo
Oberlo
Is Mother and Kids Niche Still Profitable for dropshipping in 2021?
The birth of kids create the continuous request for products and accessories necessary for the mother and the child. This has developed a niche for dropshipping to step in. Itembraces an important market such as specializing inproducts for children and mothers. Covering a fundamental phase in the lives of many women who need constant care and attention, this niche is quite profitable one.
Sportswear – Most Profitable Niches for Dropshipping
All work and no play make Jack a dull boy. Therefore, Sports and Entertainment are a mandate for all.
Sportswear for women alone is all set to become one of the most profitable dropshipping sub-niches and products in 2021.
In every house there is somebody who plays some kind of sport and requires some kind of sports equipment. Additionally, youngsters and adults prefer to play just for entertainment as well. Sports and Entertainment are placed at the fifth position in the list of top-selling products when it comes to dropshipping niches.
Therefore, Sports and Entertainment is an evergreen niche that includes the following products.
Dropshipping Products to Sell in Sports and Entertainment niche
Running Shoes
Yoga Mats
Cycling glasses
Fishing Line
Head Bands
Sportswear
Where to get Sports and Entertainment Product for Dropshipping
DHgate
AliExpress
SaleHoo
Doba
Oberlo
Wholesale2b
Dropforyou
Brybelly.
Is Sports and Entertainment Niche Still Profitable for Dropshipping in 2021?
Sports-addicted people are eagerly waiting to bounce back with a big bang as soon as the COVID-induced absence of sports is mitigated. Home workouts are at boom and the sports industry is set for 6% growth heading into 2022.
Eco-friendly Products
Eco-friendly Products – Most Profitable Niches for Dropshipping
Selling Eco-friendly products has been one of the most intriguing latest trends with growing environmental conscience among people. Buyers are becoming more and more educated and conscious about their environment. Pandemic has also taught us a lot about preservation of the environment.
Eco-Friendly Products can be used in daily life and consumers are searching for products that would comply with the sustainable lifestyle that they are adopting.
Eco-friendly products can be a good option in this era as these products help in preserving our mother earth and are also gaining popularity. This is also commonly termed ‘green dropshipping’.
Our daily shopping activities have a huge influence on the Environment.
Understanding this, you can switch to eco-friendly items eventually by taking buying decisions a little more cautiously.
The eco-friendly niche was very low rated about 5 to 10 years ago, but today is regarded as the mainstream. 22% of the total sales belong to the eco-friendly niche presently which is expected to rise 3% by 2022. As per the forecast of the U.S sustainability market, it is expected to reach $150 Billion in sales in 2021.
Dropshipping Products to Sell in Eco-friendly Niche
Solar-powered Toys
Outdoor LED String Lights
Eco-Friendly water bottle
Reusable shopping bag
Reusable straws
Silicone baking mat
Reusable food wrap
Stainless bottle
Biodegradable trash bags
Wooden cutlery
Rechargeable batteries
Beeswax cotton wrap
Where to Get Eco-friendly items for Dropshipping
Jungle Culture.
Green Bear UK.
Honest Green eSolutions.
Green Dropship.
Bangalla.
Oberlo.
Worldwide Brands.
Wholesale 2B
Is Eco friendly products niche still profitable for Dropshipping in 2021?
The inclination for recycling, waste reducing and item reusing is at its boom. If you too support the idea of living an eco-friendly life and want to work with a like-minded target audience, you can consider this immensely profitable business idea.
pet supplies- Most Profitable Niches for Dropshipping
Pet owners want their pets to be safe, healthy, physically active and entertained. By choosing to sell pet supplies; you will enter a highly promising niche market. Reports say that pet supplies are a steady or evergreen niche.
As per the American Pet Products Association, Americans spend around $55.72 billions on pets annually. On average, a pet store makes about $400,000 in sales per year.
Dropshipping Products to Sell in Pet Supplies niche
LED Collar
Pet Bed
Pet Toys
Waterproof Mat
Water Fountain
Where to get Pet Supplies Items for Dropshipping
AliExpress
SaleHoo
Doba
Oberlo
Wholesale2b
Brybelly
WorldWide Brands
Wholesale Central
Is Pet Supplies Niche Still Profitable for Dropshipping in 2021?
The question of the well-being and entertainment of pets is of paramount importance for their owners. Online shopping for pets is a more affordable and preferable alternative for these people to buy these items. With more and more people wanting to keep a furry friend with them, more is the demand for pet supplies.
Luggage and Bags
Travel Bags – Most Profitable Niches for Dropshipping
Everybody loves to explore new places. A handbag and luggage are necessary for such people. The luggage and baggage industry operates on a very big scale and is one of the fastest-growing industries. People love national and international travel. People prefer to travel in style, and that’s when bags and luggage niche comes into the light.
The figure of travelers tend to reach the peak every year with a record of about 1.4 billion international tourist visits.
People are now all set to travel to places they had planned to explore earlier but could not due to the COVID outbreak. Therefore, this niche is likely to experience a boom in the upcoming year.
Dropshipping Products to Sell in Luggage and Bags niche
Fashionable handbags
Shoulder Bags
Laptop Bags
Anti-theft bags
Travel bags
Suitcase
Trolley Bags
Purses and handbags
Where to Get Luggage and Bags for Dropshipping
Bagggs.com
BrandsGateway
AzureGreen
Tmart
AliExpress
Oberlo
Are Luggage and Bags still profitable for Dropshipping in 2021?
One thing that we need to understand is that it’s the entrepreneur, who runs the niche, makes it profitable and not the category itself. If you possess knowledge, experience, and passion in this niche, you can make it successful.
Food and Drink
Food and Drinks – Most Profitable Niches for Dropshipping
Taste buds tend to crave delicious food items and drinks.
The food and drink niche is an evergreen niche that is likely to offer the ideal 2021 dropshipping niche every year. The profit potential is likely to increase greatly. You can get about 20 – 40% from sales if you build alliances with people growing organic food.
Dropshipping Products to Sell in Food and Drink niche
Coffee beans
Plastic containers
Spice jars
Cake molds
Organic food
Healthy drinks
Beverages
Where to get Food and Drinks for Dropshipping
Barilla
Benedetto Cavalieri
Felicetti
De Cecco
Voiello
Garofalo
Divella
Amadori
AliExpress
Is Food and Drinks Niche Still Profitable for Dropshipping in 2021?
Eating and drinking are basic needs of all, which means people buy and always will buy food no matter what. Therefore, Food and Drinks being an evergreen niche is always going to be a profitable one.
Cell Phones and accessories
cell phone and accessories – Most Profitable Niches for Dropshipping
The cell phone and accessories niche does not need much introduction.
The cell phone and accessories niche had projected 3.5 billion mobile users by the end of 2020 and has been growing to reach around 3.8 billion by the end of 2021, which means that the potential for the cell phone niche is gigantic. Many drop shippers have been successful with smart innovations in this niche as it is full of opportunities.
Dropshipping Products to Sell in Cell Phones and Accessories niche
Tripods
Waterproof cases
Mobile game controllers
Chargers
Phone Screen Magnifiers
Where to Get Cell Phones and Accessories for Dropshipping
Oberlo
SaleHoo
AliExpress
Shopify
BigCommerce
Is Cell Phones and accessories Niche Still Profitable for Dropshipping in 2021?
Cell phones are one of the most widely used gadget in the society. The low-cost phone markets and sub $200 smartphones make up over 40% of the yearly cell phone market. With new launches coming everyday, this niche has been growing nonstop. Given proper time and resources, this niche is going to be highly rewarding in 2021-2022.
Security and Protection
Security and Protection products – Most Profitable Niches for Dropshipping
Everyone wishes for a safer and secure home environment. Unlike the past, now, everyone finds it beneficial to buy various items of security and protection that enhances comfort in homes.
Home security and protection products are accessible and affordable to all. It has become very easy to buy and install any kind of home security and protection item.
This niche, with the advent of technology, has made home security and protection more effective and can make you profits in your dropshipping business.
Dropshipping Products to Sell under Security and Protection niche
Smart Doorbells
Surveillance cameras
Surveillance systems
Surveillance accessories
Baby monitors
Security alarms and sensors
Smart doorbells
Where to get Security and Protection Products for Dropshipping
AliExpress
Cutting Edge Products
Mini Gadgets
Olympia Sports
Safety Technology
Is Security and Protection Niche Still Profitable for Dropshipping in 2021?
Home security products are getting more and more admired by people. The market is seen to be growing annually, which depicts that you have a chance to establish a profitable dropshipping business selling security and protection products.
Digital book – Most Profitable Niches for Dropshipping
Digital Products is a vast and still developing niche. It has a lot of scope in the present scenario. With people preferring to switch to paperless, digital products are the reason.
E-commerce through dropshipping is not limited to the selling of tangible products only. Businesses can choose to establish a digital store to sell digital products that are capturing a fair share in the market.
Steps to choose the sub-niche or which digital products to sell are:
Brainstorming
Research
Validation
Dropshipping Products to Sell under Digital Products niche
Is Digital Product Niche Still Profitable for Dropshipping in 2021?
Digital products have a vast profit margin. You simply need to showcase your skill, create it and sell it. This is becoming an even more demanding niche day by day.
Furniture
Furniture – Most Profitable Niches for Dropshipping
The furniture and appliances niche has generated a massive $362,904 million revenue by 2021. These figures can be ignored by none. Furthermore, the profit margin in this niche is extremely good.
If you no longer wish to deal with regular low-priced products, you can switch to join the squad of furniture drop shippers.
If you wish to offer furniture and appliances products, you can consider these top dropshipping suppliers of the “Furniture and Appliances” category.
Dropshipping Products to Sell under Furniture niche
Home furniture
Office furniture
Children furniture
Outdoor furniture
Foldable and Portable Laptop Desk
Commercial furniture
Café furniture
Bar furniture
Furniture accessories and parts
Where to Get Furniture Products for Dropshipping
Artisan Furniture
ModLoft
Wholesale Interiors
ModMade
VIG Furniture
AliExpress
SaleHoo
Oberlo
Is Furniture still a Profitable niche for Dropshipping in 2021?
Reports say that the dropshipping furniture business nearly makes $26,000 net profit per month.
Cozy home products – Most Profitable Niches for Dropshipping
Some people want their homes to be cute, adorable, and pastel colored, while others dream of a classic apartment. Well, why not?
Whatever styles you prefer, you want your home to be conveniently adapted for all the elements of your daily routine. Not only you, but thousands of other people in the world have the same opinion!
The industry involved in selling products that make your house cozy and add comfort is one of the highest profit-promising industries today. The profit margin ranges from 20% to 40 % depending upon the price of the products offered.
Buying cozy home elements is a step aside from home décor that focuses on creating the best possible environment to support your clients.
Dropshipping Products to Sell under Cozy Home Elements niche
Humidifier
Alarm clock
Vacuum storage bags
Cupboard hangers
Laundry bags
Retro metal plates
Where to Get Cozy Home Elements for Dropshipping
Aliexpress
Oberlo
EPROLO
VidaXL
Wholesale Central
Tmart
Is Cozy Home Elements Niche Still Profitable for Dropshipping in 2021?
These days people are more committed to buy comfort for themselves than ever. This makes it a profitable niche. Today, when they are locked in their homes a particular target market is trying to sell all those comfy items. This niche is at the height of being profitable than ever before. You simply need to identify them and convert the viewers into consumers.
Print-on-demand Products
Customized printed products – Most Profitable Niches for Dropshipping
Print on Demand is an online business niche where you are free to create and sell your custom designs printed on various items.
You don’t need to create, store nor ship your products. All of this will be done for you by a dropshipping company.
It is one of a few businesses that demand a very low amount of budget to start with.
Dropshipping Products to Sell under Print-on-demand niche
T-Shirt
Mugs
Hoodies
Towels
Notebooks
Phone Covers
Stickers
Stationery
Prints
Bags
Where to Get Print-on-demand Products for Dropshipping
Printful
Printify
CustomCat
SPOD
T-Pop
JetPrint
Teelaunch
Gelato
Gooten
Printy6
Is Print-on-demand Niche Still Profitable for Dropshipping in 2021?
The Print on Demand niche is an extremely profitable niche and a great way to begin your ecommerce journey. However, the profitability is based on various factors including marketing strategy, designing skills, etc. Its profitability is sure for those who love designing and selling things online.
Weddings and Events
Wedding Accessories – Most Profitable Niches for Dropshipping
Party supplies with a major focus upon the wedding and event niche products are a good niche to choose. People buy such products with excitement and happiness. They want to purchase the best for them at any cost.
Dropshipping Products to Sell under Weddings and Events niche
Wedding Accessories
Wedding Jewelry
Bridal dress
Where to get Weddings and Events Products for Dropshipping
DHgate
AliExpress
SaleHoo
Oberlo
Are Weddings and Events Niche still profitable for Dropshipping in 2021?
Looking good is the prime objective of all, especially when they attend a wedding or any other event. It is an evergreen niche which gets its sale even more boosted in a particular phase of the year.
Footwear
Footwear Products – Most Profitable Niches for Dropshipping
As long as people continue to walk, there will continue to be a gigantic market for shoes. The online shoe sales industry in the US alone has developed by 10.4% over the past five years to $14 billion.
Fashionable and comfortable footwears are the need and preferable by all.
Dropshipping Products to Sell under Foot Wears niche
Shoes
Heals
Boots
Sneakers
Furry Slides
Where to Get Foot Wear Products for Dropshipping
Tmart
DHgate
AliExpress
SaleHoo
Doba
Oberlo
Nordstorm
Is Foot Wears Still Profitable for Dropshipping in 2021?
Footwear sales have been increasing, and dropshipping allows you to jump into the market sooner without needing to wait for inventory to arrive and hence is the profitable niche of all times.
Traveling Supplies
Travel Essentials – Most Profitable Niches for Dropshipping
There is no better time than now to begin dropshipping travel products. The travel industry is a billion-dollar industry.
It is an evergreen niche which means it will always be trending.
Dropshipping Products to Sell in Traveling Supplies niche
Travel Pillows
Universal Power Adapters
Travel Backpacks
Travel Document Holder
Helmets
Noise Cancelling Headphones
Luggage Locks
Neck Wallet
Where to Get Traveling Supplies for Dropshipping
AliExpress
SaleHoo
Oberlo
Is Traveling Supplies Still Profitable for Dropshipping in 2021?
Traveling supplies has always been a trending niche that is great for a successful dropshipping business launch.
Power Tools
Power tools – Most Profitable Niches for Dropshipping
Power tools have been consistently in demand during the past five years. This niche tends to gain heights during the BFCM season also. That’s why it has been on the list of best dropshipping niches to consider in 2021.
Dropshipping Products to Sell in Power Tools niche
Drills
Drill bits
Saws
Soldering irons
Rotary tool
Trimmers
Where to Get Products in Power Tools Niche for Dropshipping
AliExpress
Salehoo
Is Power Tools Still Profitable for Dropshipping in 2021?
You can earn money by selling in-demand power tool products and everyday accessory products more through your drop-shipping store or online retail store.
Online power tools stores have an immense potential to bring profit for you with over 246,000 people searching for tools and accessories and related products online each month.
Gifts
Gifts – Most Profitable Niches for Dropshipping
Gifts make special days even more specials. Gifts make special people feel they are special. The trend of giving and taking gifts is at boom. The gifts industry is expected to be worth $77 billion by 2022. Gifts add extra smiles on happy occasions ranging from birthdays, weddings, holidays, festivals, etc.
Dropshipping Products to Sell in Gifts Niche
Christmas presents
Halloween gifts
Mother’s day gifts
Valentine’s Day Gifts
Custom products
Souvenirs
Birthday cake toppers
Gift wrapping supplies
Balloons
Where to Get Gifts for Dropshipping
SaleHoo
Tmart
Oberlo
AliExpress
Is Gifts Niche Still Profitable for Dropshipping in 2021?
Items in that colorful gift wrap are always in trend. Gift shop business is booming and thus, no question of this niche being not profitable arises in any case.
Sanitary & Hygiene
Hygiene Products – Most Profitable Niches for Dropshipping
The spike in demand for sanitation and hygiene has been unprecedented in 2020 due to the current COVID-19 pandemic. Guidelines regarding health and safety are a mandate to be followed all over the world. People require people to maintain high standards of cleanliness and hygiene to help combat the coronavirus disease, making this product the need of the hour!
Dropshipping Products to Sell under Sanitary & Hygiene niche
Masks
Sanitizers
Mops
Vacuum
Where to Get Sanitary & Hygiene Products for Dropshipping
AliExpress
SaleHoo
Oberlo
Is Sanitary & Hygiene Niche Still Profitable for Dropshipping in 2021?
The pandemic has made sanitization one of the top trending dropshipping niches that you can choose to take up with the right marketing.
Books
Books Dropshipping – Most Profitable Niches for Dropshipping
Ebooks are readily available, there is still nothing that stands in comparison with the experience of holding and reading a real book.
The book industry sees about a 1.3% rise in sales, with 696 million books sold yearly. Physical books are always in demand and can ever be replaced by ebooks.
Types of Books to Sell for Dropshipping
Art & Design
Zen Mandala Colouring book
Stress relief coloring book for children and adults
Fiction
Cartoon & Comic
Education
Dictionary
Literature & Biography
Science Technology
Economy & Finance
Travel
Humanities
Parenting
Cooking
Where to Get Books for Dropshipping
SaleHoo
AliExpress
Oberlo
Are Books Dropshipping Still Profitable for Dropshipping in 2021?
Book lovers are a lot in number. You just need to identify your target market and there you go! Book niche is one of the evergreen niches and is ever profitable.
Bathroom accessories- Most Profitable Niches for Dropshipping
The bathroom accessories niche is included in the list of the most profitable niches with low competition. In recent years, this group of products has witnessed great traffic.
As per the Google trends, the interest in bathroom accessories is increasing quickly enough.
It is likely to continue to be profitable in terms of dropshipping.
Dropshipping Products to Sell in Bathroom Accessories niche
Toilet brush
Toothpaste dispenser
Soap cases
Corner shelves
Where to Get Bathroom Accessories for Dropshipping
AliExpress
Oberlo
SaleHoo
Is Bathroom Accessories Niche Still Profitable for Dropshipping in 2021?
According to Google, this keyword has a global search volume that amounts to more than 50K. It means that if you wish to step in for your online business, this product category can be a good option.
Stress Relievers
Stress reliever products- Most Profitable Niches for Dropshipping
If you want to gain profit, you need to take care of your products. Provide them items that prove to be value for money. The pandemic era has increased stress in the minds of people. Therefore, this unique niche can be of great help in this difficult time.
Consider selling stress relief products and other products that give relaxation to the mind.
Dropshipping Products to Sell in Stress Relievers Niche
Head massage tools
Neck massage pillows
Feet massage tools
Wooden massage tools
Acupuncture finger rings
Face rollers
Anti-stress fidget toys
Fidget pads
Magic cubes
3D puzzles
Worry beads
Slimes
Assorted squeeze toys
Squishy toy balls
Squeeze grape balls
Squishy keychain
Where to Get Stress Relievers products for Dropshipping
Is Stress Relievers Niche Still Profitable for Dropshipping in 2021?
While operating in a stress management niche, you’re not just being a socially responsible entrepreneur but also get to earn profit along with blessings.
Google keyword research data says that stress relief is one of the most searched keywords of today’s scenario, which makes this niche a profitable one.
Office Supplies
Office supplies dropshipping- Most Profitable Niches for Dropshipping
The COVID-19 outbreak has made our home office as well. Billions have unwillingly been a witness to how various fundamental aspects of human life have and are still being changed. Analysts have observed a sharp increase in demand for home office equipment.
Therefore, it is a good idea to opt for this niche for your customers.
Dropshipping Products to Sell under Office Supplies Niche
Stationery Case
Desk Lamp
Tripods
Computer stands
Waist cushion
Notepads
Where to Get in Office Supplies Niche for Dropshipping
Chinabrands
Wholesale Central
eSources
Wholesale2b
Aliexpress
Oberlo
SaleHoo
Is Office Supplies Niche Still Profitable for Dropshipping in 2021?
Work-from-home is now in trend since 2020 and is still increasing steadily. This is due to certain limitations governments have imposed, and the entire epidemiological situation as many people are even afraid of leaving their homes now.
All these consequences make this niche incredibly profitable.
Industrial Equipment
Industrial Equipments dropshipping- Most Profitable Niches for Dropshipping
People prefer to buy online rather than going to markets and spending their time there. This niche is an emerging niche for e-commerce that has a lot of scopes. People get to compare easily on their mobile phones to find which one is better.
Dropshipping Products to Sell in Industrial Equipments Niche
Ground Engaging Tools
Crushing and screening parts
Hardox plate steel
Where to Get Industrial Equipments Niche Products for Dropshipping
Dropship Zone
Oberlo
AliExpress
SaleHoo
Brybelly
Is Industrial Equipment Niche Still Profitable for Dropshipping in 2021?
As the Industrial Equipment industry is growing at a higher rate, it is found that this niche is listed on top of the list of categories served by Dropshipping companies and is profitable if chosen.
At-Home Bars
Bar products dropshipping- Most Profitable Niches for Dropshipping
There are a few dropshipping niche ideas that have the potential to surprise you. At-home bars are one of them. People believe in bringing bars at home who do not wish to go there.
People who have handsome income and sufficient space at home are now preferring to build at-home bars or buy affordable at-home bar equipment to feel the similar atmosphere.
Dropshipping Products to Sell in At-Home Bar Niche
Wine glasses
Bar accessories
Where to Get At-Home Bar Niche Products for Dropshipping
AliExpress
SaleHoo
Oberlo
Is At-Home Bar Niche Still Profitable for Dropshipping in 2021?
The at-home bar niche is a combination of fun and practicality. With the selection of the right target market, this niche is a profitable one in years to come.
How to Choose the Most Profitable Dropshipping Niche for You?
Every product you consider to sell at your online dropshipping store must be part of the checklist that says ‘is there a market for it?’ or ‘How would it help my customer?’ or ‘Will customers buy it repeatedly?’
Here is all about how to choose the most profitable dropshipping niche for you-
Identify whether the niche is either trendy or an evergreen niche. For this, you need to analyze the previous high selling categories and check in what niche are the drop shippers making the most money.
Find the niche with a nominal amount of competition.
Ensure that the niche consists of repeatedly buying products. It’s a rule that returning customers make up 8% of your customer base alone and they contribute over 40% to the revenue of your store and are the major source of recurring revenue for the future.
The niche you choose must have good market potential.
Following is the Data as per the Statistics Acquired from AliDropship-
It is interesting to note that the rule of being specific to a niche exists in dropshipping as well.
Over 86% of drop shippers registered on AliDropship favor a niche store over a general store.
Only 14% of the drop shippers are the general niche store owners.
List of Top Dropshipping Companies
Dropshiiping Companies
The sellers must be aware of various aspects of dropshipping and most importantly about the top best dropshipping suppliers for your online store.
To find out the best dropshipping suppliers among a list of them, for your online store, you must ensure the following points:
Research the various dropshipping companies
Contact the relevant suppliers as per your research
Order samples for you first so that you can develop trust in them
Also order from a few competitors
Examine the quality of the product
Finally, select the appropriate supplier for your business
List of Top Dropshipping Companies
Spocket
AliExpress
Suppliersdata
SaleHoo
Doba
Wholesale2B
Worldwide Brands
Wholesale Central
Sunrise Wholesale
MegaGoods
InventorySource
National Dropshippers
Dropshipper.com
OfficeCrave.com
Conclusion
You can make money by employing a variety of methods, but nothing beats e-commerce, specifically dropshipping especially in today’s digital landscape.
The pandemic era has taught everybody that e-commerce is where the world is heading. People are turning more and more to their computers for remote work, shopping, etc. To find the best dropshipping niches and products in 2021 is the most important part for any entrepreneur.
Dropshipping has gained attraction as it needs a limited amount of money and negligible risk factors. The only condition is that your business might take some time to make significant money.
The various advantages that the dropshipping business model offers gives a tough competition to its alternatives.
FAQs
Which niche is best for dropshipping?
Some of the best niche for dropshipping are:
Health and Fitness
Beauty and Skincare
Jewelry
Art and Craft Supplies
Electronic Gadgets and Accessories
Kitchen Supplies
Home Décor and Home Organization
Clothing
Sports and Entertainment
Pet Supplies
Food and Drink
Furniture
Footwear
Gifts
Books
Is dropshipping still profitable in 2021?
Yes. Dropshipping is quite profitable in 2021 as the number of ecommerce activities around the world is growing at high pace.
Alan Joseph
