UK’s $2.14 Billion Teleshopping Market to Face Tough Competition from E-Commerce Players
Falling
preference for teleshopping and increasing competition from online retail pose
a challenge for teleshopping players in the United Kingdom
According
to a report released by TechSci Research, “United
Kingdom Teleshopping Market By
Operation Type, By Category, By Payment Mode, By Source of Order, Competition
Forecast & Opportunities, 2013 – 2023”, teleshopping market in the UK is estimated to reach $
2.14 billion in 2018. Around 88 million orders were placed in the United
Kingdom teleshopping market in 2017, and this number is forecast to reach 92.57
million by 2023. Teleshopping companies in the country are facing tough
competition from e-commerce players, and consequently, they are making efforts
to come up with a wide variety of products at attractive prices and offer
alternate order and payment options. Moreover, in order to boost their market
share, teleshopping companies are expanding their product portfolio by adding
branded products.
Browse 5
market data Tables and 29 Figures spread through 75 Pages and an in-depth
TOC on "United
Kingdom Teleshopping Market"
https://www.techsciresearch.com/report/united-kingdom-teleshopping-market/2318.html
QVC UK Inc.,
Ideal Shopping Direct Limited, High Street TV (Group) Limited, The Jewellery
Channel Limited, Thane Direct UK Ltd., are some of the leading players in the country’s
teleshopping market. Dedicated channel segment accounted for
the largest share in the United Kingdom teleshopping market in 2017, and the
segment is expected to maintain its market dominance in the coming years as
well, owing to 24-hour telecast and availability of unique products. In terms
of payment mode, Debit/Credit card
option dominated the country’s teleshopping market in 2017, backed by high
preference of consumers for instant payment mode.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2318
Customers
can also request for 10% free customization on this report.
“Teleshopping market in the UK has reached a saturation level and is
facing stiff competition from the e-commerce industry. To revive the country’s teleshopping
market, companies operating in the industry are launching their own online
websites and mobile applications to provide comfort, ease of search and
flexible payment options to consumers. Moreover, by offering products at
discounted prices and with promotional offers, teleshopping companies in the UK
are focusing on attracting more consumer eyeballs to counter the competition
emanating from the e-commerce industry.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United
Kingdom Teleshopping Market By Operation Type, By Category, By Payment Mode, By
Source of Order, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future
growth potential of teleshopping market and provides statistics and information
on market structure, size, share and future growth. The report is intended 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 present in the United
Kingdom teleshopping Market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market research reports.
Serving 700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]