Africa Teleshopping Market to Grow with a CAGR of 4.02% through 2030F
The Africa Teleshopping market is driven
by growing internet penetration, mobile usage, urbanization, increasing
disposable income, and the popularity of online shopping platforms.
According
to TechSci Research report, “Africa Teleshopping Market – By Country, Competition, Forecast & Opportunities, 2020-2030F”, the Africa
Teleshopping Market was valued at USD 140.23 Million in 2024 and is expected to
reach USD 167.16 Million by 2030 with a CAGR of 4.02% during the forecast
period. The Africa Teleshopping
Market is driven by affordable data plans across the region. As internet access
becomes more affordable, a larger portion of the population can engage in
online shopping, including teleshopping. In many African countries, mobile data
is the primary means of internet access, and the cost of data has traditionally
been a barrier to widespread digital engagement. However, with the introduction
of more affordable data packages, consumers can access teleshopping platforms
more easily, whether for browsing products or making purchases. Affordable data
plans have democratized access to e-commerce, enabling both urban and rural
consumers to participate in the digital economy. This has led to increased
mobile commerce activity, with teleshopping platforms specifically designed for
mobile devices. Also, lower data costs make it more attractive for consumers to
explore different shopping options, compare products, and make purchases at
their convenience. The expansion of mobile network coverage and 3G/4G
availability further supports the growth of teleshopping by ensuring a reliable
and fast connection for users. As data becomes more affordable, the African
teleshopping market continues to experience growth and widespread adoption.
One of the key drivers behind the growth
of the Africa Teleshopping market is driven by the focus on local content and
product offerings across the region. As African consumers increasingly seek
products that resonate with their cultural preferences and everyday needs,
teleshopping platforms are responding by tailoring their offerings to local
tastes. Localized products, including region-specific clothing, beauty
products, electronics, and food items, attract consumers who are more likely to
purchase items they can identify with or that fit their lifestyles. Also,
teleshopping platforms are using local languages and culturally relevant
marketing strategies to engage a broader audience. This helps bridge the
language gap and ensures that advertising is more relatable. African consumers
also tend to trust locally sourced products more than international
alternatives, as they align with regional tastes, quality expectations, and
economic conditions. The demand for locally relevant content and products is
further fuelled by the rise of African entrepreneurs who are using teleshopping
platforms to reach new markets. This shift to more localized offerings has
helped expand the market and increase consumer engagement, contributing
significantly to the growth of teleshopping across the continent.
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" Africa Teleshopping Market”
The Africa Teleshopping
Market is segmented into product type, payment method, distribution channel,
and country.
Based
on payment method, the Netbanking segment is the fastest growing in the Africa's
Teleshopping market driven by the increasing adoption of digital payment
methods. As internet access improves and mobile commerce becomes more
widespread, consumers are increasingly opting for secure online payment methods
like net banking. This shift is fueled by the convenience, speed, and safety
net banking offers compared to traditional cash payments.Net banking also
addresses the challenges associated with Cash on Delivery (COD), such as
logistics and payment collection issues. As consumers become more comfortable
with digital transactions, trust in net banking is growing, making it an
attractive option for teleshopping platforms. Also, with mobile banking
integration, consumers can complete transactions easily using their
smartphones, contributing to the growth of this segment. Financial institutions
and teleshopping companies are also working together to enhance online payment
security, encouraging more users to adopt net banking. As the continent
continues to embrace digital payment solutions, net banking is expected to play
an increasingly important role in shaping Africa’s teleshopping landscape.
Based on country, Nigeria is the fastest-growing country
in Africa's Teleshopping market, driven by several factors. First, Nigeria has
a large and rapidly growing population, with a significant portion of the
population increasingly adopting smartphones and internet access. The rise of
mobile commerce is particularly notable, as many Nigerians prefer shopping
online due to convenience and competitive pricing. Also, Nigeria’s expanding
middle class, which has more disposable income, is driving demand for a wide
variety of products available through teleshopping platforms. The country’s
well-developed e-commerce ecosystem, including platforms like Jumia and Konga,
has made it easier for teleshopping services to thrive, providing a seamless
shopping experience for consumers. Also, Nigeria’s improvement in digital
payment systems, including mobile banking and online payment solutions, is
contributing to the growth of teleshopping by offering more secure and
accessible transaction options. As internet infrastructure continues to improve
and mobile data becomes more affordable, Nigeria’s teleshopping market is
expected to maintain its rapid growth, positioning it as a key player in
Africa's overall e-commerce and teleshopping landscape.
Major companies
operating in Africa Teleshopping Market are:
- StarTimes Group
- Shopex TV
- Teleshop.in
- Teleone Consumers
Product Pvt.Ltd
- QVC UK
- Shop TJC Limited
(Vaibhav Global Limited)
- John Mills Ltd
- Thane Direct UK Ltd
- Gemporia Craft
Limited
- Rakuten Group, Inc.
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“The Africa Teleshopping Market is
experiencing robust growth, driven by changing consumer behavior across the
region. As African consumers increasingly embrace digital technology, there has
been a noticeable shift in shopping habits. More consumers are seeking
convenience, accessibility, and variety, prompting a rise in demand for online
shopping, including teleshopping platforms. The ability to shop from the
comfort of their homes or on the go via mobile phones has reshaped how people
make purchasing decisions. Also, younger, tech-savvy generations are leading
the charge, seeking personalized shopping experiences and faster delivery
times. Social media and influencer marketing are also playing a key role in
shaping consumer preferences, as people look for authentic product recommendations
and real-time engagement with brands. This changing behavior is further driven
by the growth of e-commerce platforms and mobile apps, which offer easy access
to a wide range of products, discounts, and promotions. As a result, consumers
are more inclined to explore teleshopping services that provide these
conveniences. The increasing adoption of digital payments, along with the
desire for instant gratification and seamless transactions, is also
accelerating the shift toward teleshopping in Africa. This evolving consumer
mindset is helping to fuel the rapid expansion of the market across the
continent.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Africa Teleshopping Market, 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 Country, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Africa
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 Africa Teleshopping
Market.
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