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Which niches will generate more money and have the best margins for 2023? In this post we’ll tell you all there is to know, and we’ll also give you examples of products for each dropshipping niche. So if you want to know which the best dropshipping niches are, make sure you read to the end!
1.Eco-friendly
Eco-friendly has undoubtedly been one of the most widely used terms in recent years. With the current climate change situation, we are not surprised that eco-friendly products are booming.
Consumers are becoming increasingly aware of what they are buying: the materials a product is made from, whether it is sustainable, etc. Because of this, it has become a very profitable niche for 2023.
On Google trends we can see that the search trend is increasing throughout the world. On BigBuy’s website, in the eco-friendly tag, you can find a multitude of products, for example: Bamboo toothbrushes, reusable coffee capsules or eco balls for the washing machine.
2. Home decoration
The popularity of this product niche increased during the pandemic and, now, with the current financial situation, it is continuing to grow.
Due to the crisis and increasing prices, many people can’t afford to buy a house, so they invest their money in renovating the one they already have.
Another reason is that, after Covid, many people have opted to work from home, so they invest in creating a pleasant space in which to spend at least 8 hours a day.
On Google Trends we can see how the search for home décor products has grown in the last 5 years. In particular, the increased growth during the pandemic years can be seen, an upward trend that continues today. In this niche, you can find products that will improve the quality of life of people within their home, from LED lighting for a terrace, accessories for your home office or scented candles
3. Car accessories
We have two reasons for thinking that this will be one of the niches to keep in mind for doing dropshipping in 2023.
Due to the economic recession and the lack of chips for manufacturing new cars, consumers are going to buy fewer new cars and will either keep the one they have or buy second hand cars.
For these two reasons the purchase of car accessories will increase in the coming year. Although people will have money to spend despite the crisis, they will decide to spend it more wisely, such as by buying parts to repair their car.
We don’t doubt that the trend for this product niche will continue to increase even more, just wait and see. In our B2B store you can find all types of car products: air fresheners, mat sets, emergency triangles and much more.
4. Dog pad balm
Why do we claim that pet products is a highly profitable niche for doing dropshipping? Simply because the data shows this. In fact, the PFMA (Pet Foods Manufacturers Association) confirms the huge increase in the acquisition of pets by millenials:
● 35% of young adults already own a pet or are thinking about adding one to their family.
● 19% adopted a pet during lockdown
● 16% are considering adding a new pet to the home.
The paw balm for dogs is a highly innovative product that is winning over the hearts and wallets of pet lovers.
In Google Trends we can see how this specific product has grown, although it is true that, in general, any accessory for pets is going to sell very well. This is the sign that you need to open an ecommerce dedicated to our four-legged friends.
Products like clothing for dogs, chew toys or the slow feeding dog bowls are a good choice if you have a pet store.
5. Products for baby
A very profitable niche that you should keep in mind in 2023 is the one for baby products.
Childcare (the care of a baby during their first years of its life), is a niche that is full of opportunities and a large number of products to choose from.
With good positioning and a good strategy, you can make your baby products business prosper.
As we can see, this is a search term that remains stable through time. There is a very high volume of searches on this subject and, although competition may be high, there is a wide range of products that you can sell to make yourself stand out.
You could specialise in products such as: Toys to develop skills, baby hygiene, nappies or accessories like this baby monitor camera
6. Weddings
Due to Covid, many weddings were cancelled during 2020 and 2021. Experts say that 2022 and 2023 are going to be the years that see the most weddings taking place in history.
We are undoubtedly facing boom years for weddings and you should take advantage of this. Why not do it through a dropshipping business?
As for the products that can be sold for this special day: neon lights, party items, or wedding favours and gifts, such as perfumes, a scented candle or even a small jar of honey.
The options are extremely varied and only you can evaluate which one would be the best for your business.
7. Travel bags
After such a long time without being able to travel, the tourism sector has sky-rocketed, the desire to see the world has taken over us, and people are travelling even more than before the pandemic.
According to Reuters, in 2023, the global travel and tourism sectors are predicted to grow at a pace that will surpass the growth of gross domestic product (GDP) globally.
It is for this reason that travel accessories such as organiser bags are great value products if you are thinking about setting up your dropshipping store.
On Google trends we can see that, after the fall experienced in 2020, its popularity slowly starts to return as Covid measures are “relaxed”.
So, there are studies stating that more has been spent on travel during this year than even before the pandemic.
Travel organisers make our lives easier and keep everything in its place. Today, when travelling with small suitcases, you need to take maximum advantage of every bit of space that you have. For this reason, they are one of the items to sell if you have an online store, and this is one of the best niches for dropshipping.
8. Small household appliances: Rice cookers
Among the most profitable products for dropshipping, you will find a kitchen item that will surprise you, quite a lot! It is not crazy to consider including this product in your catalogue which, by the way, is increasingly growing in demand. This rice cooker makes it much easier and faster to cook a dish of rice.
Today, we value convenience and efficiency over everything else. If you have a kitchen products store, don’t think twice about it, expand your catalogue. At BigBuy you can find all types of products for the kitchen, among them, the rice cooker that you are looking for and that will make your business grow.
9. Cargo pants
If your dropshipping niche is fashion, you will be pleased to know that one of the most popular sub-niches to invest in this year is cargo pants.
They are the current trend. There isn’t a fashion ecommerce that doesn’t have them in their catalogue.
Although competition is high, with a good strategy, advertising on social networks and good positioning, we are sure that you will triumph by selling this type of garment.
And if you still have any doubts, these are the trending searches on Google Trends:
10. Scalp massager
You are looking at one of the best niches for dropshipping in 2023. The scalp massager, apart from being very popular and being very much in demand, is a good choice because you can obtain a high margin with each sale.
Google trends confirms that it is one of the best niches for dropshipping:
Conclusions
Before choosing a niche for dropshipping you need to carry out some introspection and find out what really inspires you. Why? Because we all know that entrepreneurship is not an easy path, but if you are doing something you are passionate about you are much less likely to give up.
There is a lot to learn, but you can also have fun if you love what you do. And this is our little piece of advice so that your business achieves the success it deserves.