PUBLISHER: IMARC | PRODUCT CODE: 1370488
PUBLISHER: IMARC | PRODUCT CODE: 1370488
Home Shopping Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
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?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Home Shopping Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Groceries
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Apparels and Accessories
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Footwear
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Personal and Beauty Care
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Furniture and Home Decor
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Electronic Goods
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Others
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
7 Market Breakup by Market Type
- 7.1 Teleshopping
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 E-Commerce and Mobile Shopping
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North 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
- 8.1.1 United States
- 8.2 Asia-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
- 8.2.1 China
- 8.3 Europe
- 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
- 8.3.1 Germany
- 8.4 Latin 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
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Alibaba Group
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Amazon.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
- 13.3.3 Best Buy
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Ebay Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Flipkart Internet Private Limited
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Naaptol Company
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 The 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
- 13.3.8 VGL Group
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 Walmart Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.1 Alibaba Group
List of Figures
- 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
List of Tables
- 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
