According to www.techsciresearch.com report “India Teleshopping Market By Operation Type, By Product Type, By Payment Method Competition Forecast & Opportunities, 2011-2021”, teleshopping market in India is projected to exhibit a CAGR of 17.20% during 2016-2021.
Report URL:- https://www.techsciresearch.com/report/india-teleshopping-market-by-operation-type-dedicated-channels-infomercials-by-product-type-by-payment-method-cod-net-banking-mobile-wallet-debit-credit-card-competition-forecast-opportunities-2011-2021/698.html
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
India Teleshopping Market By Operation Type,
By Product Type, By Payment Method Competition
Forecast & Opportunities, 2011 -2021
8. I n d u s t r y B r i e f
8
India Teleshopping Market Forecast to Grow at 17% till 2021
According to TechSci Research report, “India Teleshopping Market By Operation Type, By Region & By Company
Forecast and Opportunities, 2011-2021”, the teleshopping market in India is forecast to exhibit a CAGR of 17.20% during
2016-2021, owing to wide reach of television broadcasting in India, increasing number of people viewing television,
coupled with changing lifestyle and growing preference of the people towards more convenient ways of shopping. At
present, there are over 60 infomercials channels and 10 dedicated channels operating in the television shopping market
in India, which is further expected to increase in the coming years majorly, due to growing teleshopping market in India.
Moreover, number of private satellite channels in India increased from 826 in 2014 to 847 in 2015, thereby widening
scope for television shopping companies in India. In terms of active DTH subscribers in India, there has been a substantial
increase in subscription from 40.54 million subscribers in 2014 to 55.98 million subscribers in 2015. Therefore, increasing
subscription, rising television viewer base and growing internet penetration to drive India television market through
2021.
India teleshopping market has been segmented into two categories namely, infomercials and dedicated channels.
Dedicated channels dominated India teleshopping market in 2015, and is anticipated to maintain its dominance in the
coming years as well, owing to 24 hours telecast, continuous announcement of various cashbacks/ discounts offers and
offering branded products. Moreover, Homeshop18, Naaptol, and Shop Cj were the leading players in India teleshopping
market in 2015, and they are further anticipated to dominate the market through 2021, on account of their increasing
penetration, as they have been for longer time in the market as compared to other players. Furthermore, these
companies also offer quality products with attractive offers and discounts, which is further anticipated to fuel their
dominance in the market during the forecast period.
“Expanding television viewer base both in urban and rural area, is one of the major driver for India teleshopping market.
Growing digitization in semi-urban and rural areas of the country has also propeled the market for teleshopping in the
country. Moreover, companies operating in India teleshopping market are now focusing on launching branded products
to attract more customers and increase their penetration in the teleshopping market in India. Furthermore, increasing
number of discounts and convenience of shopping through television is further anticipate to drive India teleshopping
market through 2021,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
10. R e p o r t O r d e r i n g
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Report Name: India Teleshopping Market By Operation Type, By Product
Type, By Payment Method Competition Forecast & Opportunities, 2011-2021
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