Home Shopping Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 138 Pages I IMARC Group
Market Overview:
The global home shopping market size reached US$ 3,581.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7,986.6 Billion by 2028, exhibiting a growth rate (CAGR) of 14.6% during 2023-2028.
Home shopping refers to television-based electronic retailing that enables consumers to purchase various products, including household goods, accessories, electronic gadgets, apparel, and clothing items. As compared to traditional brick-and-mortar shopping, it is more cost-effective, offers optimal comfort and convenience, enables hassle-free ordering of multiple commodities, helps save transportation expenses, and allows users to search and filter goods instantly. Apart from this, home shopping aids in providing detailed information regarding multiple products, offering options to compare models and brands, saving time and effort, ensuring privacy for discrete purchases, mitigating sales pressure, and offering better discounts or vouchers. As a result, home shopping is used by consumers globally in mobile shopping, teleshopping, and e-commerce platforms.
Home Shopping Market Trends:
The considerable expansion in the e-commerce sector, the increasing proliferation of internet and smartphone users, and the rising need for online shopping to purchase consumer goods are some factors primarily driving the market growth. This can be further attributed to the escalating disposable incomes, changing consumer preferences, and easy access to such platforms. Moreover, the shifting consumer inclination toward home shopping, owing to its multiple benefits, such as enhanced convenience, better deals, and a secured payment interface, is acting as another growth-inducing factor. Additionally, the widespread adoption of home shopping models by businesses instead of brick-and-mortar systems to reach and serve a broader consumer base, especially during the COVID-19 pandemic, is contributing to the market growth. Furthermore, the advent of augmented reality (AR) shopping in the retail industry for a virtual demonstration of products, personalized navigation, greater consumer engagement, and online trials are propelling the market growth. Other factors, such as extensive celebrity endorsements, ongoing product sales through online mediums, and strategic collaborations amongst key players to enhance user interface (UI), are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global home shopping market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and market type.
Breakup by Product Type:
Groceries
Apparels and Accessories
Footwear
Personal and Beauty Care
Furniture and Home Decor
Electronic Goods
Others
Breakup by Market Type:
Teleshopping
E-Commerce and Mobile Shopping
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alibaba Group, Amazon.com Inc., Best Buy, Ebay Inc., Flipkart Internet Private Limited, Naaptol Company, The Home Depot Inc, VGL Group and Walmart Inc.
Key Questions Answered in This Report
1. What was the size of the global home shopping market in 2022?
2. What is the expected growth rate of the global home shopping market during 2023-2028?
3. What are the key factors driving the global home shopping market?
4. What has been the impact of COVID-19 on the global home shopping market?
5. What is the breakup of the global home shopping market based on the market type?
6. What are the key regions in the global home shopping market?
7. Who are the key players/companies in the global home shopping market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5Global Home Shopping Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product Type
6.1Groceries
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Apparels and Accessories
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Footwear
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Personal and Beauty Care
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Furniture and Home Decor
6.5.1 Market Trends
6.5.2 Market Forecast
6.6Electronic Goods
6.6.1 Market Trends
6.6.2 Market Forecast
6.7Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Market Type
7.1Teleshopping
7.1.1 Market Trends
7.1.2 Market Forecast
7.2E-Commerce and Mobile Shopping
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1Alibaba Group
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2Amazon.com Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3Best Buy
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4Ebay Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5Flipkart Internet Private Limited
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6Naaptol Company
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7The Home Depot Inc
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8VGL Group
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9Walmart Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
Figure 1: Global: Home Shopping Market: Major Drivers and Challenges
Figure 2: Global: Home Shopping Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Home Shopping Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Home Shopping Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Home Shopping Market: Breakup by Market Type (in %), 2022
Figure 6: Global: Home Shopping Market: Breakup by Region (in %), 2022
Figure 7: Global: Home Shopping (Groceries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Home Shopping (Groceries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Home Shopping (Apparels and Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Home Shopping (Apparels and Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Home Shopping (Footwear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Home Shopping (Footwear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Home Shopping (Personal and Beauty Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Home Shopping (Personal and Beauty Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Home Shopping (Furniture and Home Decor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Home Shopping (Furniture and Home Decor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Home Shopping (Electronic Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Home Shopping (Electronic Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Home Shopping (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Home Shopping (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Home Shopping (Teleshopping) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Home Shopping (Teleshopping) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Home Shopping (E-Commerce and Mobile Shopping) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Home Shopping (E-Commerce and Mobile Shopping) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Home Shopping (Other Market Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Home Shopping (Other Market Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Home Shopping Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Home Shopping Market: Breakup by Country (in %), 2022
Figure 75: Middle East and Africa: Home Shopping Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Home Shopping Industry: SWOT Analysis
Figure 77: Global: Home Shopping Industry: Value Chain Analysis
Figure 78: Global: Home Shopping Industry: Porter's Five Forces Analysis
Table 1: Global: Home Shopping Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Home Shopping Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Home Shopping Market Forecast: Breakup by Market Type (in Million US$), 2023-2028
Table 4: Global: Home Shopping Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Home Shopping Market: Competitive Structure
Table 6: Global: Home Shopping Market: Key Players
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