Direct sales are goods and services is progressing as usual in this modern era. The industry has been successful in adapting to global market changes, and emerging products and trends. Direct selling used to be popular primarily with the promotion of home and wellness products. If you look at the top MLM companies in the world, you will find that the industry has spread to diverse markets around the world. However, in 2020, the wellness industry contributed 36.2% of the total sales in the global direct selling market.
As per studies, the direct sales market is expected to have a considerable rise in CAGR (Compound Annual Growth Rate) in terms of income, over the next five years. This can be attributed to the recent pandemic to an extent. Ecommerce and home-based businesses have seen impressive growth during this period, with direct sales. In 2021, the direct sales channel generated $42.7 billion in retail sales, increasing 6.4% from the previous year.
The number of persons selling products or services through the direct sales model decreased by 5.2 percent, to 7.3 million entrepreneurs selling on a part-time or full-time basis in the United States. The direct sales channel had 44.6 million preferred customers and discounted buyers in 2021. This clearly indicates that the industry has garnered much attention and trust from consumers over the years.
The new face of network marketing is highly diverse. Educational packages, online trade, digital currency platforms, travel, and tourism have found their way into the direct sales business in recent times. This has led to the emergence of several new companies in the direct sales industry. We have gathered the names of 30 new direct sales companies from 2017–the present, and listed them chronologically:
List of new direct sales companies for 2022
# | Company | Country | Revenue 2021 (in million USD) |
Revenue 2020 (in million USD) |
Growth Rate | Products & Services | Year Founded |
---|---|---|---|---|---|---|---|
1 | Velovita | USA | 8 | 5 | 60% |
|
2020 |
2 | Crowd1 | UAE | 850 | 750 | 13% |
|
2019 |
3 | VIIVA | USA | 69 | 69 | 0% |
|
2019 |
4 | QuiAri | USA | 50 | 35 | 43% |
|
2019 |
5 | iBuumerang | USA | 31 | 30 | 3% |
|
2019 |
6 | OmegaPro | UK | 250 | 25 | 900% |
|
2019 |
7 | ByDzyne | USA | 34 | 18 | 89% |
|
2019 |
8 | Global Platform Solution – GPS | USA | 16 | 16 | 0% |
|
2019 |
9 | Globallee | USA | 6 | 6 | 0% |
|
2019 |
10 | Ascira | USA | 7 | 6 | 17% |
|
2019 |
11 | My Lifes Simple | USA | 5 | 5 | 0% |
|
2019 |
12 | Emris | USA | 4 | 4 | 0% |
|
2019 |
13 | ATA | Iran | 4 | 4 | 0% |
|
2019 |
14 | TTS International | Turkmenistan | 3 | 3 | 0% |
|
2019 |
15 | Kuailian | Estonia | 14 | 14 | 0% |
|
2018 |
16 | Miningcity | Poland | 1 | 10 | -90% |
|
2018 |
17 | BeneYOU | USA | 10 | 10 | 0% |
|
2018 |
18 | Corvive | USA | 8 | 8 | 0% |
|
2018 |
19 | Jifu | USA | 8 | 8 | 0% |
|
2018 |
20 | Dunamis Global Tech | USA | 5 | 5 | 0% |
|
2018 |
21 | Color Street | USA | 597 | 597 | 0% |
|
2017 |
22 | New U Life | USA | 250 | 272 | -8% |
|
2017 |
23 | Bon Cook | USA | 16 | 16 | 0% |
|
2017 |
24 | DotDotSmile | USA | 12 | 12 | 0% |
|
2017 |
25 | SMG | UK | 10 | 10 | 0% |
|
2017 |
26 | UFORIA Science | USA | 9 | 9 | 0% |
|
2017 |
27 | Enhanzz Global | Switzerland | 3 | 6 | -50% |
|
2017 |
28 | AMAKHA PARIS | Brazil | 5 | 5 | 0% |
|
2017 |
29 | Chalk Couture | USA | 5 | 5 | 0% |
|
2017 |
30 | HB Naturals | USA | 3 | 3 | 0% |
|
2017 |
© The MLM Data
Source – businessforhome.org
*The above list is subject to market changes and modifications.
Arts and crafts and digital currency mining are also among the surprising new additions. However, personal care and wellness companies still dominate the list, making them far more important among consumers. It is worth noting that almost every company on the list had seen a growth in their revenues, with some of them maintaining a steady state of revenue. Be it, distributors or consumers, the emergence of new markets and technological innovations has made it exciting and easier for them to involve in the network marketing business.