Home Shopping Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2021-2027)
As per the research report, Global Home Shopping Market is expected to reach the market valuation of USD 9.4 trillion by 2027 expanding at a reasonable CAGR of 17.9% during the forecast period (2021-2027) from USD 3 trillion in 2020. Home Shopping channel includes television-based shopping, e-commerce, and telephonic shopping. Improved internet connectivity and increased adoption of smartphones have positively impacted the virtual shopping market. Secured networks, enhanced internet connections, and an increase in the number of internet users are driving retailers to expand their business in the e-commerce market. According to International Telecommunication Union (ITU), in Europe internet penetration reached 82.49% by 2019. Owing to the increase in smartphone users and high internet penetration, the market for home shopping has increased considerably. For instance, the US is among the top e-commerce market. Moreover, the consumers in the U.S. rely more on online shopping, and around 79% of the population, or 258.5 million people had made an online purchase in the year 2018. This is driving the market for home-based shopping. Furthermore, with the rise in disposable income the total per capita spending of the consumers in India has increased in the past few years, owing to this the total spending of consumers on home shopping has been positively impacted. In 2016, Amazon launched Amazon Pantry for customers. Using Amazon Pantry, customers can now shop for over 4,000 everyday essentials such as groceries and household products on the website and mobile. Amazon Pantry comes with guaranteed next-day delivery in India.
For complete research, request for Sample of the report browse through – https://univdatos.com/request_form/form/389
According to Oberlo, in 2020 out of 7.8 Bn of the population across the world, 26.28% of the population are potential online shoppers. The number of digital shoppers has significantly increased from 1.32 Bn in 2014 to 2.05 Bn in 2020 and is continuously increasing. Moreover, with the outbreak of COVID-19, consumers have shifted more towards home shopping. For instance, in Denmark online stores sale increased in 2020 after the outbreak of COVID-19 in the region. Additionally, online stores have experienced an overall increase in sales by at least 10.4%. Furthermore, according to Common Thread Collective, the sale of goods by home shopping has increased by 52.2%.
Insights Presented in the Report
“Amongst Product Type, Personal & Beauty Care segment holds a significant share in 2020”
Based on the product type, the global home shopping market is fragmented into groceries, apparel & accessories, footwear, Personal & Beauty care, furniture & home decor, electronic goods, and others. According to oberlo, in 2021, out of the total e-commerce spending of consumers worldwide, consumers' most spending was on fashion-related which was USD 759.5 Bn. However, the growth rate decreased from 26.5% in 2019 to 20.3% in 2020. This was due to the COVID-19 pandemic. However, significant growth has been seen in the grocery segment and is expected to increase the market growth during the forecast period owing to the dependency of consumers on home shopping due to lockdown in various regions of the world.
For a detailed analysis of the Home Shopping Market browse through - https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
“Amongst Market Type, E-commerce and Mobile Shopping segment holds the major share in 2020”
Based on the type, the global home shopping market is fragmented into teleshopping, E-commerce & mobile shopping, and others. According to International Telecommunication Union (ITU), internet users accounted for 3.5 million individuals which rose to 4 million by 2019 and China was at the top with the highest number of internet users as compared to other countries. Owing to the increasing number of internet and smartphone users, the E-commerce and mobile shopping segment dominated the market in 2020.
“North America signifies as one of the largest markets of Home Shopping in 2020”
For a better understanding, detailed analysis has been conducted for major regions including North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. Asia-Pacific with the increasing number of smartphone users has the potential to become one of the largest markets for home shopping in near future.
For a detailed analysis of the market drivers in Home Shopping Market browse through - https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
Amazon.com, Inc., Flipkart private limited, eBay Inc., Alibaba Group, Walmart, VGL group of companies, JD.com, Inc., Best Buy, The Home Depot, Apple, Inc., are some of the prominent players operating in the global Home Shopping market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Home Shopping Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
UnivDatos Market Insights (UMI)
Ph: +91 7838604911
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Home Shopping Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2021-2027) here
News-ID: 2294685 • Views: 335
More Releases from UnivDatos Market Insights (UMI)
Value-Based Care Market: Research Report Overview by Industry Size, Share, Trend …
Research report presented by UnivDatos, Emphasis on Models (Accountable Care Organization (ACO), Patient-Centered Medical Home (PCMH), Pay for Performance (P4P), Bundled Payment); Deployment Type (Cloud-Based and On-Premises); Platform (Standalone, Integrated); End-Users (Providers, Payers, Patients) and Geographical analysis (key regions and countries). As per the research report, Global Value-Based Care Market is expected to reach the market valuation of US$ 7.28 billion by 2027 expanding at a significant CAGR of 20.3% during the forecast
Mindfulness Meditation Apps Market: Research Report Overview by Industry Size, S …
Research report presented by UnivDatos, Emphasis on Operating System (Android, iOS, Others); Service Type (Paid, Free); End-Users (6-12 Years, 13-18 Years, 18+ Years) and Geographical analysis (key regions and countries). As per the research report, Global Mindfulness Meditation Apps Market is expected to reach the market valuation of USD 6,478.5 million by 2027 expanding at a reasonable CAGR of 48.2% during the forecast period (2021-2027) from USD 401.1 million in 2020. Mindfulness
Shapewear Market: Research Report Overview by Industry Size, Share, Trends, Grow …
Research report presented by UnivDatos, Emphasis on Gender (Male, Female); Type (Body Shapers, Corsets, Seamless, Waist Cinchers, Camisoles, Leggings); Distribution Channel (Offline, Online) and Geographical analysis (key regions and countries). As per the research report, Shapewear Market is expected to reach the market valuation of US$ 4.1 Billion by 2027 expanding at a reasonable CAGR of 7.2% during the forecast period (2021-2027) from US$ 2.5 Billion in 2020. The market's growth is
Taste Modulators Market: Research Report Overview by Industry Size, Share, Trend …
Research report presented by UnivDatos, Emphasis on Type (Sweet Modulators, Salt Modulators, Fat Modulators); Application [ Food (Bakery Products, Confectionery Products, Snacks & Savory Products, Meat Products, Others) Beverages (Alcoholic, Non-alcoholic)] and Geographical analysis (key regions and countries). As per the research report, Global Taste Modulators Market is expected to reach the market valuation of USD 2,553.58 million by 2027 expanding at a reasonable CAGR of 9.9% during the forecast period
More Releases for Shopping
New Shopping App Solves Holiday Shopping For Busy Parents
Carmel, CA — Meet Shopafor - a new free App on the market which unquestionably solves shopping needs for busy parents this holiday season. What parent does not want to find the perfect gift in a couple of clicks? Let's face it – shopping for little ones, even your own is difficult. Not only does Shopafor offer handpicked gift recommendations by parents that can be easily filtered by gender, age and
Las Piedras Shopping
The city of Las Piedras is a fast-growing urban center, as a result, the Montevideo metropolitan capital development, where the new Las Piedras shopping center is located, was inaugurated in May. The main features of the mall are; 38,000 sqm, a hundred shops, five cinemas, a hypermarket, a large food court with twelve dining options and a capacity of six hundred people, and a large covered parking area are, which
Online Shopping Mall Offers Unique Shopping Experience and Affordable Advertisin …
Established entrepreneur and work-at-home-mom Katie Newman, owner of Katie Newman Gifts & Home, recently launched a new online shopping mall, Sassy Shops. The site is more than a directory and offers many affordable promotion opportunities to small online shops. Houston, TX, May 18, 2011 -- Established entrepreneur and work-at-home-mom Katie Newman, owner of Katie Newman Gifts & Home, recently launched a new online shopping mall, Sassy Shops. The site is more
Earn With Online Shopping
Shopping means spending money. But, with this unique online shopping experience at Blastoff Network, you can earn some money. The latest offering from the company is a six-piece Linden Street Towel Set which is up for grabs at only $5. This offer is valid for the first 100 registered members only. The towel will be offered at half the price for a limited period afterward. You can regularly check the
New Consumer Shopping Guidelines for Mail Order and Online Shopping
Just in time for the holiday shopping season, the National Mail Order Association (NMOA) offers these 10 tips to help guide consumers when shopping through direct marketers. Minneapolis, MN, October 23, 2007 – National Mail Order Association (NMOA), a 35 year old professional organization for the direct marketing industry, announced today the posting of a new on-line consumer information department that gives ten detailed ordering tips when shopping through direct marketers. The
PriceForSure.com - Benefits of Comparison Shopping
Comparison Shopping websites are beneficial to consumers and merchants because they offer a number of benefits. ( EMAILWIRE.COM, June 20, 2007 ) Rincon, Georgia – PriceForSure.com (www.PriceForSure.com) announces the benefits of comparison shopping. This informative and often entertaining form of shopping makes it easier for consumers to find the best deals on the web. Consumers search for products that they are interested in by comparing product types, product features,