The World Federation of Direct Selling Associations (WFDSA) has published its 2015 Annual Report, supplying the most comprehensive data on the state of direct selling worldwide.
The industry has continued its steady growth curve in 2014, seeing unprecedented sales and engagement with 6.4% growth generating $182.8 billion.
Asia continues to outpace other markets, accounting for 45 % of global retail sales. The Americas follow at 37 % and Europe at 17%, with Africa and the Middle East representing the final 1%. In the past three years, the industry has seen a compound annual growth rate of 6.5 percent.
Behind direct selling’s positive growth trend are millions of entrepreneurs marketing an array of products and services. In 2014, their numbers swelled to 99.7 million, a 3.4 percent increase from 2013. Asia Pacific accounts for 51.1 million direct
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US Direct Selling Grew By 5.5% to $34.47 Billion
by Ramya Chandrasekaran • • 0 Comments
The American Direct Selling Association (DSA) today at its 2015 Annual Meeting released new data indicating that retail sales volume among U.S. direct selling companies grew 5.5% between 2013 and 2014 to $34.47 billion. Individuals involved in direct selling increased 8.3% during the same period, surpassing over 18 million (18.2 million) Americans for the first time.
“Direct selling is alive and well in communities across America and continues to grow at a solid pace, because millions of Americans want employment opportunities that work the way they want to,” saidJoseph N. Mariano, DSA’s President. “That’s why direct selling remains attractive to so many people — young parents, caregivers, military spouses, veterans, students, retirees and others — who appreciate opportunities to build a business on their own terms.”
The new data was released in conjunction with DSA’s