- 29 Apr 2022
April is about to pass. Have you decided which niche market to focus on yet? Don’t worry if you haven’t. We provide recommendations on 5 niches for your dropshipping business in May 2022 based on social trends and data performance
1. Pet Niche
It is becoming a statistic that people are more willing to adopt pets first rather than thinking about having kids. They enjoy the company of pets for emotional needs and treat pets as real family members. You can find pets stuff shared on almost every social media platform. In fact, pet-themed videos on TikTok can acquire millions of views and likes.
Therefore, this niche is perfect for dropshippers to get into as there is always going to be a demand for related products. This can be verified from the search frequency in the last 12 months.
The curve demonstrates that the search trend for pets is consistently high. Besides, according to CommonThreadCo, the pet care market has grown to $261 billion in 2022, and the figure is supposed to reach $350 billion by 2027 with an estimated 6.1% compounded annual growth rate. All these indicate that this is an ever-blooming niche market for you to step into.
Pet supplies and pet treats are good options in this niche. We don’t suggest pet food as it has stricter requirements on storage, with higher possibilities in causing after-sale issues.
2. Home DIY Niche
People love renovating their living space to acquire instant pleasure and gratification. This constant demand is immune to external factors like seasons or weather. In fact, home improvement has already been a huge market globally, expected to reach $315.5 billion by 2027, and home DIY products take a certain proportion of it.
With more and more people working from home, they have sufficient time to look at their houses and seek modifications. Searches for this have stayed at a relatively high level, nearly 100 searches per period, according to Google Trends.
As for target people, the younger generations are increasing their presence in this market according to statistics from NRF. This also explains why TikTok has played a major role in helping boost this niche. There are so many creative people who display their DIY works and enlighten others with creative ideas which could be done around the house. All these factors contribute to the trending of this market, making it a good fit for dropshipping business.
It is a very broad niche, varying from manual floor furniture repair kits to shoe holders; it will always stay trendy, meaning you are more likely to have home DIY products in your store that meet market demands.
We suggest that you focus on certain types you are interested in or familiar with, and then, keep it going.
3. Fitness Niche
Fitness has become a trending topic since the beginning of the pandemic. People are more focused on health issues than ever before and have been crazy about fitness tutorials and products. Fitness influencers expand their influence on multiple social media platforms. They acquire millions of views on YouTube or TikTok and continuously boost the sports enthusiasm of people.
Trends concerning fitness show the consistency in search frequency and maintain at a high level in each statistical period. In this case, the global fitness market is projected to expand at a CAGR of 17.6%, reaching $123.34 billion by 2027.
This is also a niche with various product types, ranging from sports wear such as Yoga clothing and sports shoes, to all kinds of fitness equipment like resistance bands and leg exercise trainers.