TOP5!The Most Profitable E-commerce Product in the World in 2023

Last updated 2023/05/22
Published 2023/02/02

According to Forbes, the global e-commerce market share in the retail market is expected to reach 20.8% in 2023 and is expected to increase to 24% by 2026.

Recently, InsiderMonkey integrated multiple reliable data sources, including but not limited to Forbes and PolymerSearch, and counted the five e-commerce categories with the highest global profit margins in 2023.

Catalog

  1. Plants, average profit margin: 95%
  2. Digital artworks, average profit rate: 90%
  3. Watch accessories, average profit margin: 80%
  4. Wireless earbuds, average profit margin: 76%
  5. Car covers, average profit margin: 68%

1. Plants, average profit margin: 95%

According to TheExpressWire, the demand to buy plants online is growing and is expected to grow at a compound annual growth rate of 12.15% from 2023 to 2030.

As consumers increasingly turn to online shopping for indoor and outdoor plants, this market is likely to generate lucrative profits in the coming years.

2.Digital artworks, average profit rate: 90%

The digital artwork market is expanding rapidly, with an average profit margin of 90%.

Through online channels, digital artists can reach a wider audience, an industry with promising future growth and profit prospects.

3.Watch accessories, average profit margin: 80%

The watch industry is expected to generate $75.75 billion in revenue in 2023, with an expected annual growth rate of 4.44% from 2023 to 2026, with

non-luxury items expected to account for 60% of the industry's sales.

4.Wireless earbuds, average profit margin: 76%

Wireless earbuds are the first choice of many music lovers, fitness enthusiasts, and commuters, and the market for wireless earbuds is expected to

expand further in the coming years.

5.Car covers, average profit margin: 68%

The global auto parts market is expected to grow at a CAGR of 6.30% to reach USD 720.92 billion by 2030 from USD 442.21 billion in 2022.

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