Home Shopping Market Report by Product Type (Groceries, Apparels and Accessories, Footwear, Personal and Beauty Care, Furniture and Home Décor, Electronic Goods, and Others), Market Type (Teleshopping, E-Commerce and Mobile Shopping, and Others), and Region 2024-2032

Home Shopping Market Report by Product Type (Groceries, Apparels and Accessories, Footwear, Personal and Beauty Care, Furniture and Home Décor, Electronic Goods, and Others), Market Type (Teleshopping, E-Commerce and Mobile Shopping, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6437
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Market Overview:

The global home shopping market size reached US$ 4,104.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11,762.9 Billion by 2032, exhibiting a growth rate (CAGR) of 12.04% during 2024-2032.

Report Attribute
 Key Statistics 
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 4,104.6 Billion
Market Forecast in 2032
US$ 11,762.9 Billion
Market Growth Rate 2024-2032 12.04%


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.

Global Home Shopping Market

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 2024-2032. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Market Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alibaba Group, Amazon.com Inc., Best Buy, Ebay Inc., Flipkart Internet Private Limited, Naaptol Company, The Home Depot Inc, VGL Group and Walmart Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global home shopping market was valued at US$ 4,104.6 Billion in 2023.

We expect the global home shopping market to exhibit a CAGR of 12.04% during 2024-2032.

The increasing consumer preference for home shopping, as it offers numerous benefits, such as enhanced convenience, better deals, secure payment interface, etc., is primarily driving the global home shopping market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of home shopping, owing to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of various products and services.

Based on the market type, the global home shopping market can be bifurcated into teleshopping, e-commerce and mobile shopping, and others. Currently, e-commerce and mobile shopping holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global home shopping market include Alibaba Group, Amazon.com Inc., Best Buy, Ebay Inc., Flipkart Internet Private Limited, Naaptol Company, The Home Depot Inc, VGL Group, and Walmart Inc.

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Home Shopping Market Report by Product Type (Groceries, Apparels and Accessories, Footwear, Personal and Beauty Care, Furniture and Home Décor, Electronic Goods, and Others), Market Type (Teleshopping, E-Commerce and Mobile Shopping, and Others), and Region 2024-2032
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