5 Dorm Room Business Ideas for College Students

4. Dropshipping

Students can set up a dropshipping shop on Shopify Inc. (NYSE:SHOP) and sell their products on AliExpress or SaleHoo. The dropshipping industry is growing at a fast pace. According to a report by Grand View Research, the global dropshipping market was valued at $225.99 billion in 2022. The global dropshipping market is expected to grow to $1.25 trillion by 2030 from $287.36 billion in 2023 at a compound annual growth rate (CAGR) of 23.4%.