Dropshipping Market worth $2.8 billion between 2022-2027
Fashion

Dropshipping Market worth $2.8 billion between 2022-2027

NEW YORK, July 26, 2023 /PRNewswire/ — The global dropshipping market size is estimated to grow by USD 374.91 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 22.86% during the forecast period. North America will account for 35% of the global dropshipping market growth during the forecast period. The dropshipping industry in North America has grown significantly in the last decade because of the development of e-commerce platforms and the increase in online buyers. Some of the significant players in the dropshipping sector in North America include Shopify, which offers a comprehensive e-commerce solution, and AliExpress, which is a division of Alibaba, which offers various goods at affordable prices. Hence, such factors are expected to significantly drive the growth of the segment during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

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  • Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
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  • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial  – buy the report!

Dropshipping Market – Segmentation Assessment
Segment Overview

This dropshipping market report extensively covers market segmentation by product (electronics and media, fashion, toys/hobby/DIY, furniture and appliances, and others), delivery (domestic and international), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

  • The electronics and media segment will be significant for market growth during the forecast period. dropshipping is gaining traction as a business model for businesses looking to sell goods online without an inventory. With various companies offering a large selection of electronics and media products for dropshipping, the market is competitive. For instance, Amazon, eBay, and Alibaba offer vast product catalogs, reliable shipping, and safe payment methods for drop shippers. These marketplaces ensure the provision of tools and resources to simplify order fulfillment while drop shippers have the option to purchase electronics and media products directly from producers or wholesalers. Hence, owing to such factors, this segment is estimated to witness rapid growth during the forecast period.

Insights on the market contribution of various segments including country and region wise, historic market data (2017 to 2021), and forecast market size (2023 to 2027) – Download a Sample Report

Dropshipping MarketMarket Dynamics
Key factor driving market growth

  • The growth of the e-commerce industry significantly drives the growth of the dropshipping market.
  • Online retailers constantly explore efficient and affordable fulfillment solutions to meet the increasing demand from customers.
  • Furthermore, as a result of reduced operational strain, retailers may undertake a rapid expansion of their company without the need or significant initial investment.
  • Hence, such factors are expected to drive the growth of the market during the forecast period.

Leading trends influencing the market 

  • The introduction of artificial intelligence and automation in operations is an emerging dropshipping market trend. 
  • AI and machine learning increasingly gained traction in the global dropshipping market as they the efficient operation of dropshipping businesses in several different ways.
  • For instance, AI systems can analyze data to forecast demand trends, and thus, enables more precise inventory management and a reduced risk of stockouts.
  • Another use of this technology in the market is where AI-powered chatbots and virtual assistants can enhance customer service by providing individualized support and addressing issues instantly.
  • Hence, such trends are expected to boost the growth of the market and lead to increased competition during the forecast period.

Major challenges hindering the market growth

  • The intense competition among vendors challenges the growth of the dropshipping market.
  • Due to the growing prominence of dropshipping as a business model, vendors compete to strengthen their customer base and market share.
  • They must create distinctive product lines, appealing value propositions, and successful marketing strategies to attract customers to achieve this goal.
  • But it is highly challenging for vendors to constantly discover innovative methods to achieve differentiation in the market.
  • Hence, such challenges are expected to pose a significant challenge to the growth of the market during the forecast period.

Insights on Market Drivers, Trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Dropshipping Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the dropshipping market between 2023 and 2027
  • Precise estimation of the size of the dropshipping market and its contribution to the market with a focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the dropshipping market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of dropshipping market vendors

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Dropshipping Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 22.86%

Market growth 2023-2027

USD 374.91 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

20.95

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alibaba Group Holding Ltd., Amazon.com Inc., BANGGOOD TECHNOLOGY Co. Ltd., Chinabrands.com, DHgate, Dropified LLC, eBay Inc., Focus Technology Co. Ltd., IndiaMART InterMESH Ltd., Inventory Source, Onlinestorebiz.com LLC, Printful Inc., SaleHoo Group Ltd., Shopify Inc., Spocket, Sumner Communications Inc., Sunrise Wholesale Merchandise LLC, Walmart Inc., Wix.com Inc, and Worldwide Brands Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Delivery
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global dropshipping market 2017 – 2021 
    • Exhibit 18: Historic Market Size – Data Table on global dropshipping market 2017 – 2021 ($ million)
  • 4.2 Product Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)
  • 4.3 Delivery Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – Delivery Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments
    • Exhibit 30: Chart on Product – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product – Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Electronics and media – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Electronics and media – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Electronics and media – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Electronics and media – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Electronics and media – Year-over-year growth 2022-2027 (%)
  • 6.4 Fashion – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Fashion – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Fashion – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Fashion – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Fashion – Year-over-year growth 2022-2027 (%)
  • 6.5 Toys/hobby/DIY – Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Toys/hobby/DIY – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 43: Data Table on Toys/hobby/DIY – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 44: Chart on Toys/hobby/DIY – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Toys/hobby/DIY – Year-over-year growth 2022-2027 (%)
  • 6.6 Furniture and appliances – Market size and forecast 2022-2027 
    • Exhibit 46: Chart on Furniture and appliances – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 47: Data Table on Furniture and appliances – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Chart on Furniture and appliances – Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on Furniture and appliances – Year-over-year growth 2022-2027 (%)
  • 6.7 Others – Market size and forecast 2022-2027 
    • Exhibit 50: Chart on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 6.8 Market opportunity by Product 
    • Exhibit 54: Market opportunity by Product ($ billion)
    • Exhibit 55: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Delivery

  • 7.1 Market segments
    • Exhibit 56: Chart on Delivery – Market share 2022-2027 (%)
    • Exhibit 57: Data Table on Delivery – Market share 2022-2027 (%)
  • 7.2 Comparison by Delivery 
    • Exhibit 58: Chart on Comparison by Delivery
    • Exhibit 59: Data Table on Comparison by Delivery
  • 7.3 Domestic – Market size and forecast 2022-2027 
    • Exhibit 60: Chart on Domestic – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Data Table on Domestic – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 62: Chart on Domestic – Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on Domestic – Year-over-year growth 2022-2027 (%)
  • 7.4 International – Market size and forecast 2022-2027 
    • Exhibit 64: Chart on International – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 65: Data Table on International – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 66: Chart on International – Year-over-year growth 2022-2027 (%)
    • Exhibit 67: Data Table on International – Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Delivery 
    • Exhibit 68: Market opportunity by Delivery ($ billion)
    • Exhibit 69: Data Table on Market opportunity by Delivery ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 73: Chart on Geographic comparison
    • Exhibit 74: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027 
    • Exhibit 75: Chart on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 76: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 77: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027 
    • Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 APAC – Market size and forecast 2022-2027 
    • Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027 
    • Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 91: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 92: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 93: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027 
    • Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 UK – Market size and forecast 2022-2027 
    • Exhibit 99: Chart on UK – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 100: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 101: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.10 Canada – Market size and forecast 2022-2027 
    • Exhibit 103: Chart on Canada – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 104: Data Table on Canada – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 105: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.11 China – Market size and forecast 2022-2027 
    • Exhibit 107: Chart on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 108: Data Table on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 109: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.12 Germany – Market size and forecast 2022-2027 
    • Exhibit 111: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 112: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 113: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 114: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 115: Market opportunity by geography ($ billion)
    • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 119: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 120: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 121: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 122: Matrix on vendor position and classification
  • 12.3 Alibaba Group Holding Ltd. 
    • Exhibit 123: Alibaba Group Holding Ltd. – Overview
    • Exhibit 124: Alibaba Group Holding Ltd. – Business segments
    • Exhibit 125: Alibaba Group Holding Ltd. – Key offerings
    • Exhibit 126: Alibaba Group Holding Ltd. – Segment focus
  • 12.4 Amazon.com Inc.
    • Exhibit 127: Amazon.com Inc. – Overview
    • Exhibit 128: Amazon.com Inc. – Business segments
    • Exhibit 129: Amazon.com Inc. – Key news
    • Exhibit 130: Amazon.com Inc. – Key offerings
    • Exhibit 131: Amazon.com Inc. – Segment focus
  • 12.5 Dropified LLC
    • Exhibit 132: Dropified LLC – Overview
    • Exhibit 133: Dropified LLC – Product / Service
    • Exhibit 134: Dropified LLC – Key offerings
  • 12.6 eBay Inc.
    • Exhibit 135: eBay Inc. – Overview
    • Exhibit 136: eBay Inc. – Product / Service
    • Exhibit 137: eBay Inc. – Key news
    • Exhibit 138: eBay Inc. – Key offerings
  • 12.7 Focus Technology Co. Ltd. 
    • Exhibit 139: Focus Technology Co. Ltd. – Overview
    • Exhibit 140: Focus Technology Co. Ltd. – Product / Service
    • Exhibit 141: Focus Technology Co. Ltd. – Key offerings
  • 12.8 IndiaMART InterMESH Ltd. 
    • Exhibit 142: IndiaMART InterMESH Ltd. – Overview
    • Exhibit 143: IndiaMART InterMESH Ltd. – Product / Service
    • Exhibit 144: IndiaMART InterMESH Ltd. – Key offerings
  • 12.9 Onlinestorebiz.com LLC 
    • Exhibit 145: Onlinestorebiz.com LLC – Overview
    • Exhibit 146: Onlinestorebiz.com LLC – Product / Service
    • Exhibit 147: Onlinestorebiz.com LLC – Key offerings
  • 12.10 Printful Inc.
    • Exhibit 148: Printful Inc. – Overview
    • Exhibit 149: Printful Inc. – Product / Service
    • Exhibit 150: Printful Inc. – Key offerings
  • 12.11 SaleHoo Group Ltd.
    • Exhibit 151: SaleHoo Group Ltd. – Overview
    • Exhibit 152: SaleHoo Group Ltd. – Product / Service
    • Exhibit 153: SaleHoo Group Ltd. – Key offerings
  • 12.12 Shopify Inc.
    • Exhibit 154: Shopify Inc. – Overview
    • Exhibit 155: Shopify Inc. – Product / Service
    • Exhibit 156: Shopify Inc. – Key offerings
  • 12.13 Spocket
    • Exhibit 157: Spocket – Overview
    • Exhibit 158: Spocket – Product / Service
    • Exhibit 159: Spocket – Key offerings
  • 12.14 Sumner Communications Inc. 
    • Exhibit 160: Sumner Communications Inc. – Overview
    • Exhibit 161: Sumner Communications Inc. – Product / Service
    • Exhibit 162: Sumner Communications Inc. – Key offerings
  • 12.15 Walmart Inc.
    • Exhibit 163: Walmart Inc. – Overview
    • Exhibit 164: Walmart Inc. – Business segments
    • Exhibit 165: Walmart Inc. – Key offerings
    • Exhibit 166: Walmart Inc. – Segment focus
  • 12.16 Wix.com Inc
    • Exhibit 167: Wix.com Inc – Overview
    • Exhibit 168: Wix.com Inc – Business segments
    • Exhibit 169: Wix.com Inc – Key offerings
    • Exhibit 170: Wix.com Inc – Segment focus
  • 12.17 Worldwide Brands Inc. 
    • Exhibit 171: Worldwide Brands Inc. – Overview
    • Exhibit 172: Worldwide Brands Inc. – Product / Service
    • Exhibit 173: Worldwide Brands Inc. – Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 174: Inclusions checklist
    • Exhibit 175: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 176: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 177: Research methodology
    • Exhibit 178: Validation techniques employed for market sizing
    • Exhibit 179: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 180: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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