PUBLISHER: TechSci Research | PRODUCT CODE: 1692207
PUBLISHER: TechSci Research | PRODUCT CODE: 1692207
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India Teleshopping Market was valued at USD 630.45 Million in 2024 and is expected to reach USD 789.23 Million by 2030 with a CAGR of 4.56% during the forecast period. The India Teleshopping market is driven by several key factors. Firstly, the increasing internet penetration and smartphone usage across the country have made it easier for consumers to access teleshopping platforms. The growing disposable incomes of middle-class families enable more people to purchase products through teleshopping channels, which offer convenience and home delivery. Also, the rise in demand for niche products, from beauty and wellness to electronics and home goods, is fueling growth. Celebrity endorsements and influencers play a significant role in attracting customers. Also, strategic partnerships with e-commerce platforms and attractive promotional offers have boosted the popularity of teleshopping. Changing consumer lifestyles, with a preference for easy, door-to-door shopping experiences, further support the market's expansion in India.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 630.45 Million |
| Market Size 2030 | USD 789.23 Million |
| CAGR 2025-2030 | 4.56% |
| Fastest Growing Segment | Net Banking |
| Largest Market | North |
Key Market Drivers
Rise in Television Viewership Across the Region
A significant driver of the India teleshopping market is the rise in television viewership across the region. As a part of this, according to a recent study, as of 2023, the average minute audience (AMA) for television viewership in India was around 1.5 trillion. It pointed to a minor rebound from the downward trend that developed after the pandemic. Television continues to be a dominant medium for reaching a broad audience, especially in rural and semi-urban areas where internet penetration is still developing. With more households accessing cable and satellite TV, teleshopping channels have found a growing base of potential customers. The increased viewership of lifestyle and entertainment channels, coupled with the appeal of teleshopping's convenience, has contributed to expanding market reach. As television remains a trusted medium for information and entertainment, consumers are increasingly drawn to its interactive shopping experience, which allows them to purchase products directly from their TV screen. Channels often air 24/7, allowing viewers to shop at any time, enhancing the appeal of teleshopping to people with busy schedules. Also, the ability to feature product demonstrations and testimonials via TV boosts consumer confidence and drives sales. With an increase in disposable income and a desire for quality products, many consumers in India find television-based shopping an attractive option, making teleshopping a lucrative and growing segment. Also, companies are now investing in regional channels to cater to diverse linguistic and cultural demographics, further enhancing their reach across the country.
Key Market Challenges
Lack of Awareness Among Consumers in Rural Areas
One of the significant challenges faced by the India teleshopping market is the lack of awareness among consumers in rural areas. Despite the increasing penetration of television and mobile internet, many rural consumers are still unfamiliar with the concept of teleshopping. They often rely on traditional shopping methods, such as local markets, and may not fully trust or understand the advantages of shopping through television or online platforms. This limited awareness prevents teleshopping companies from tapping into the vast rural consumer base, which could otherwise be a significant growth opportunity. Also, rural areas may have limited exposure to various teleshopping brands or advertisements, especially in languages or formats that resonate with local cultures and preferences. While television reaches many rural homes, the content often caters to urban audiences, creating a disconnect. Also, the absence of infrastructure for reliable home delivery and cashless payment systems further discourages consumers in these areas from engaging with teleshopping. To overcome this challenge, teleshopping companies need to invest in localized marketing campaigns and tailor their offerings to meet the specific needs of rural consumers. This could include regional language content, easier payment options, and ensuring efficient delivery networks to enhance trust and increase engagement in rural markets.
Key Market Trends
Rising Popularity of Home Appliances
The rising popularity of home appliances is significantly driving trends in the India teleshopping market. As a part of this, according to IBEF, the consumer electronics and home appliances market in India is projected to expand by USD 2.3 billion from 2022 to 2027, with a compound annual growth rate (CAGR) of 1.31%. With the growing middle class, increasing disposable income, and changing lifestyles, consumers are investing more in home appliances for convenience and enhanced living standards. Teleshopping platforms are capitalizing on this demand by offering a wide range of products, from kitchen gadgets and washing machines to air conditioners and refrigerators. These platforms leverage the appeal of convenient shopping from home, easy payment options, and attractive discounts to cater to consumers looking to upgrade their homes. The ease of accessing detailed product demonstrations, reviews, and live promotions through teleshopping networks also helps in influencing purchasing decisions. With the rise in demand for home appliances, teleshopping has become a key channel for reaching potential buyers, particularly in tier 2 and tier 3 cities, where online shopping penetration is still growing. As consumer preferences evolve, teleshopping channels are expected to continue seeing growth in the home appliance segment.
In this report, the India Teleshopping Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the India Teleshopping Market.
India Teleshopping Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: