Teleshopping Market Grow with a CAGR of 2.45% through 2030F
The global Teleshopping
market is expected to grow in the future owing to the increasing internet penetration, growing consumer demand for
convenience, celebrity endorsements, technological advancements, and expanding
access to digital payment methods.
According to
TechSci Research report, “Teleshopping Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2020-2030F”, the global
Teleshopping market stood at USD 47.64
billion in 2024 and is expected to grow USD 50.23 billion
by 2030 with a CAGR of 2.45% during the forecast period. The global Teleshopping
market is expected to grow in the upcoming years owing to the expanding
internet connectivity across the region. As internet access improves,
particularly in emerging markets, more consumers can engage with teleshopping
platforms through smartphones, tablets, and computers. High-speed internet
enables seamless browsing and purchasing experiences, making it easier for
consumers to shop from the comfort of their homes. This expanded connectivity
not only increases the reach of teleshopping but also allows for real-time
updates, interactive shopping features, and personalized recommendations. Also,
improved internet infrastructure allows teleshopping companies to incorporate
video streaming, live demonstrations, and direct purchasing options, further
enhancing the customer experience. As internet penetration continues to rise
globally, particularly in rural areas, the teleshopping market is set to
experience significant growth, reaching new consumer segments and expanding its
global presence.
The global Teleshopping
market is expected to grow in the future owing to the improved logistics and
delivery systems across the region. As e-commerce continues to expand,
efficient logistics have become essential for teleshopping businesses to meet
consumer expectations for fast, reliable delivery. With advancements in
transportation, warehousing, and distribution networks, companies can offer
quicker and more cost-effective delivery options, enhancing customer satisfaction.
Real-time tracking, flexible delivery slots, and easy return policies also play
a crucial role in boosting consumer confidence. These improvements not only
streamline operations but also help teleshopping companies compete with online
retailers, ensuring that products reach customers in a timely and secure
manner. As logistics continue to improve, teleshopping platforms can expand
their reach and cater to a wider, more diverse global customer base.
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"Global Teleshopping Market”
The global Teleshopping
market is segmented into product type, payment method, distribution channel, and
region.
Based on payment
method, the Netbanking segment is the
fastest growing in the global Teleshopping market, driven by the increasing
adoption of digital payments. Consumers are increasingly opting for net banking
due to its security, ease of use, and ability to complete transactions quickly.
As teleshopping platforms embrace digital payment methods, net banking has
become a preferred choice for customers, especially in regions with high
internet penetration. This method eliminates the need for cash on delivery,
streamlining the purchasing process and improving transaction efficiency. With
the growing trend toward cashless payments and more secure online banking
systems, net banking continues to gain momentum in the teleshopping market,
offering both convenience and reliability for consumers worldwide.
Based on the
region, Asia-Pacific is the fastest-growing region in the global Teleshopping
market, driven by rapid urbanization, increasing internet penetration, and a
growing middle class. With more consumers turning to online shopping platforms
and mobile apps, teleshopping is gaining popularity in countries like India,
China, and Southeast Asia. The region’s diverse population, rising disposable
incomes, and preference for convenience are fueling the demand for
teleshopping, especially for electronics, beauty products, and home goods. Also,
the growth of digital payment options, enhanced logistics, and greater trust in
online transactions are contributing to the market's expansion in Asia-Pacific.
As the region's infrastructure continues to improve, teleshopping is poised for
sustained growth, attracting both local and international players.
Major companies
operating in the global Teleshopping market are:
- AVC
- HSN,
Inc.
- Shop
TJC Limited (Vaibhav Global Limited)
- America's
Collectibles Network, Inc.
- Gem
Shopping Network Inc.,
- Naaptol
Online Shopping Private Limited
- Teleshop.in
- Teleone
Consumers Product Pvt.Ltd
- QVC
UK
- John
Mills Ltd
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“The global Teleshopping
market is being fueled by the celebrity and influencer marketing across the
world. By leveraging the popularity and trust that celebrities and influencers
have with their audiences, teleshopping brands can effectively promote
products, increase consumer engagement, and drive sales. These personalities
often showcase products in an authentic and relatable manner, which resonates
well with viewers, encouraging them to make purchases. The visual appeal and
credibility offered by celebrities and influencers enhance consumer confidence,
especially for high-ticket or niche products. As social media continues to
grow, influencers’ reach across various platforms like Instagram, YouTube, and
TikTok further amplifies the impact of teleshopping promotions. This marketing
strategy not only attracts larger audiences but also helps build brand loyalty
and boosts conversions, making it a key driver in the teleshopping market’s
growth globally, said Mr. Karan Chechi, Research Director of TechSci Research,
a research-based management consulting firm.
Teleshopping Market – Global Industry Method, Share, Trends, Opportunity and Forecast, By Product Type (Home
& Kitchen Appliances, Electronics, Health & Beauty Products, Fashion
& Accessories, Food & Beverages, Others), By Payment Method (Cash on
Delivery, Credit Card, Debit Card, Netbanking, Others), By Distribution Channel
(Television, Internet), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global
Teleshopping market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Teleshopping market.
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