How big is the network marketing industry worldwide?
Since 2009, network marketing has grown over 60% to reach US$ 189.6 Bn in 2017, starting from US$ 117.0 Bn in 2009. Asia Pacific was the leader in the global multi-level marketing software market accounting for more than 1/3rd of the market revenue in 2020.
How much money did network marketing make in 2020?
Below figures are based on the WFDSA combined members sales. We estimated Global Sales for the Direct Selling industry / Network Marketing/ MLM at $325 Billion and 250 million representatives/distributors. Many Direct Selling Companies all over the world choose not to be a member of the WFDSA.
How big is direct selling?
According to the World Federation of Direct Selling Associations (WFDSA), India saw its total number of direct sellers rise to 5.7 million in 2018-19 and is likely to grow to 18 million by 2025. Women form almost 60 per cent of this sector.
Does network marketing make the most millionaires?
A: Direct Selling Star claims that network marketing is responsible for making more millionaires than any other industry. As of January 2019, Direct Star shared a total of 15 millionaires.
Is network marketing a billion dollar industry?
3. The MLM industry grossed $35.4 billion in 2018. Despite declining participation, the MLM industry is still remarkably strong. The DSA reports that the industry is still worth more than $35 billion, up from $28 billion in 2009.
How many millionaires are there in network marketing?
Q: How many millionaires are in network marketing? A: Direct Selling Star claims that network marketing is responsible for making more millionaires than any other industry. As of January 2019, Direct Star shared a total of 15 millionaires.
How much did network marketing sales hit a record $189 billion?
Network marketing sales hit a record $189 billion in 2017. Network sales statistics show that sales grew from $117 billion in 2009 to $189 billion in 2017. The same year, the number of distributors grew to 166 million.
What is the global network marketing market size?
According to global network marketing facts, Asia is the leading continent sales-wise. In 2018, Asia made a total of $85 billion, followed by Europe with $38 billion, North America with $36 billion, and finally South America with $27 billion. 13. Since 2009, the industry has seen network marketing exponential growth of $72 billion global sales.
How big is the MLM retail network marketing industry?
Retail network marketing statistics in 2019 show global sales of over $189 billion. The US has the largest MLM industry by sales volume at a little over $35 billion in sales.
How many direct sellers are in the network marketing industry?
Network marketing industry statistics show that of the 6.2 million direct sellers, 1 million were full-time sellers, while 5.5 million were part-time distributors. 2. Over 10 million new pitches to US women are made annually.