Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 201.74 Billion | USD 397.82 Billion | 6.5% | 2024 |
The global MLM market size was worth around USD 201.74 Billion in 2024 and is predicted to grow to around USD 397.82 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6.5% between 2025 and 2034. The report analyzes the global MLM market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the MLM industry.
Multilevel marketing (MLM), which is also referred to as direct selling marketing or network marketing, is a business model in which a firm enables person-to-person interaction for selling its goods & services. Furthermore, the term multilevel marketing is used as a firm can also give a contract to a third party or vendors for selling its goods or services to individuals. For instance, firms such as Amway, Shaklee, and Herbalife employ third parties as external sales forces for selling their goods or services. Precisely, multi-level marketing is a kind of trade approach and direct goods sales where goods are provided directly to consumers without any need for any mediator, thereby saving retailing costs as well as wholesaler costs of goods.
The requirement for the fastest distribution channel can benefit the expansion of the global market
Massive demand for cost-effective consumer goods and the need for a swift route of distributing products and services is likely to boost the global MLM market trends. In addition to this, multilevel marketing (MLM) also termed direct selling provides an additional source of income for employees working for third parties. This, in turn, will prompt the expansion of the global market in the years ahead. A prominent rise in direct sellers is anticipated to spearhead the expansion of the market across the globe. For instance, as per the World Federation of Direct Selling Associations, nearly 126 million direct selling agents were involved in multiple marketing activities in 2024. Moreover, the number is projected to surge in the ensuing years. Such moves are likely to contribute lucratively towards the global market earnings in the upcoming years.
A rise in the sale & purchase of consumer goods through online channels can put brakes on the global industry surge
A growing trend among people on online purchases of products and the thriving e-commerce sector has posed a huge threat to the expansion of the global MLM industry. A rise in the product advertising costs of multiple-level marketing activities can further hamper the growth stride of the global industry in the coming years.
Reward & loyalty programs launched by firms for direct sellers can open new growth avenues for the global market
With various private brands offering new incentives to direct sellers, the market for MLM is predicted to expand by leaps & bounds in the coming years. Furthermore, firms are offering more rewards and loyalty programs for direct sellers and such moves are enlarging the scope of growth of the market globally.
Fluctuating government policies can create impediments in the growth path of the global industry
Changes in government policies and low foreign direct investments owing to these policy changes can prove to be a huge challenge for the growth of the global MLM industry. In addition to this, outbreaks of pandemics such as COVID-19 can result in disruption in the supply chain activities which can further deter the scope of growth of the business space.
The global MLM market is sectored into product and region.
In product terms, the global MLM market is segregated into household goods & durables, health & wellness, and cosmetics & personal care segments. Furthermore, the health & wellness segment, which acquired two-thirds of the global market revenue share in 2024, is set to register the highest growth rate in the coming years. The growth of the segment during the assessment timeline can be owing to a rise in demand for health & wellness products owing to an increase in pandemics & epidemics as well as chronic diseases across the globe. An increase in the cases of diabetics & cancer patients along with a rise in the occurrence of stress & anxiety-related disorders in people will pave the way for a segmental surge in the coming years.
Furthermore, the cosmetics & personal care segment is expected to witness a mammoth growth in the coming years subject to surging awareness about the benefits of using skincare products such as sunscreen lotions for protecting skin against changing climatic conditions Apart from this, a massive requirement of promoting & branding of cosmetics & personal care products will further boost the segmental expansion over the coming years.
Report Attributes | Report Details |
---|---|
Report Name | MLM Market |
Market Size in 2024 | USD 201.74 Billion |
Market Forecast in 2034 | USD 397.82 Billion |
Growth Rate | CAGR of 6.5% |
Number of Pages | 224 |
Key Companies Covered | Amway Enterprises Pvt. Ltd., Nu Skin Enterprises, Cutco Corporation, Mary Kay Inc., Belcorp Corporation, Oriflame Holding AG, Vorwerk, Tupperware Brands Corporation, Natura & Co., Herbalife Nutrition Ltd., and others., and others. |
Segments Covered | By Product Type, By Business Model, By Sales Strategy, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the MLM market on a global and regional basis.
The global MLM market is dominated by players like:
The global MLM market is segmented as follows;
By Product Type
By Business Model
By Sales Strategy
By End-user
By Region
FrequentlyAsked Questions
Multilevel marketing (MLM), which is also referred to as direct selling marketing or network marketing, is a business model in which a firm enables person-to-person interaction for selling its goods & services.
The global MLM market is expected to grow due to rising entrepreneurship, direct-to-consumer product distribution models, and increasing use of digital tools for network building and sales.
According to a study, the global MLM market size was worth around USD 201.74 Billion in 2024 and is expected to reach USD 397.82 Billion by 2034.
The global MLM market is expected to grow at a CAGR of 6.5% during the forecast period.
North America is expected to dominate the MLM market over the forecast period.
Leading players in the global MLM market include Amway Enterprises Pvt. Ltd., Nu Skin Enterprises, Cutco Corporation, Mary Kay Inc., Belcorp Corporation, Oriflame Holding AG, Vorwerk, Tupperware Brands Corporation, Natura & Co., Herbalife Nutrition Ltd., and others., among others.
The report explores crucial aspects of the MLM market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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