The global mobile phone accessories market is a rapidly growing sector driven by the increasing adoption of smartphones worldwide. With a diverse range of accessories, including cases, chargers, headphones, and screen protectors, the market caters to the evolving needs of consumers. Key players in the industry are focused on innovation, product differentiation, and strategic partnerships to gain a competitive edge. Rising disposable incomes, technological advancements, and the demand for personalized smartphone experiences are expected to fuel market growth in the coming years.
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Data Bridge Market Research analyses that the Mobile Phone Accessories Market valued at USD 94,055.86 million in 2021 and is expected to reach USD 187,590.43 million by 2029, registering a CAGR of 7.50% during the forecast period of 2022-2029. The transition towards wireless technologies, such as Bluetooth and wireless charging, has boosted the demand for wireless accessories like wireless earbuds, charging pads, and bluetooth speakers. Additionally, integrating smart features in accessories, such as smartwatches and fitness bands, drives their adoption.
Key Findings of the Study
Rapidly evolving consumer preferences is expected to drive the market's growth rate
The mobile phone accessories market is shaped by rapidly evolving consumer preferences. As convenience, ease of use, and seamless integration with devices become paramount, there is a growing demand for accessories that offer wireless connectivity, fast charging, and smart features. Consumers seek accessories that provide a seamless and hassle-free user experience, allowing them to maximize the functionality and performance of their smartphones while enhancing their overall convenience and productivity.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Mobile Phone Case, Screen Guards, Headphone/Earphone, Cable, Power Bank, Charger, Battery, Portable Speaker, Memory Card, Mount And Stands, Popsockets, Selfie Stick and Others), Price Range (Low, Medium and High), Packaging Type (Clear View Boxes, Blister Packs, Trays, Pouches and Bags, Folding Cartons and Clamshells), Distribution Channel (Offline and Online), Sales Category (White Labels/No Brand Name, Brand and Third Parties), End Use Phones (Smartphones, iPhones)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Mirkin Research Group (U.S.), Elsevier B.V. (Netherlands), Nanotechnology group. (India), ULVAC (Japan), BOBST (Switzerland), Brother Industries, Ltd. (Japan), KOMORI Corporation. (Japan), Seiko Epson Corporation. (Japan), SPGPrints B.V. (Netherlands), Meyer Burger Technology AG (Switzerland), Methode Electronics. (U.S.), Konica Minolta Business Solutions India Pvt Ltd. (India), Koenig & Bauer AG (Germany), Xerox Corporation. (U.S.), Canon Inc. (Japan), SCREEN Holdings Co., Ltd. (Japan), among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The mobile phone accessories market is segmented on the basis of type, price range, packaging type, distribution channel, and sales category and end use phones.
- On the basis of type, the mobile phone accessories market is segmented into mobile phone case, screen guards, headphone/earphone, cable, power bank, charger, battery, portable speaker, memory card, mount and stands, popsockets, selfie stick and others. The mobile phone case segment is expected to dominate the market with a CAGR of 7.9% in the forecast period of 2022 to 2029 due to their crucial function in offering options for protection, style, and personalization. They are frequently used to protect smartphones from scuffs, impacts, and damage while allowing users to express their uniqueness through various designs and materials.
In 2022, the mobile phone case segment is expected to dominate the type segment of the market
In 2022, the mobile phone case segment is expected to dominate the market owing to their essential role in providing protection, style, and personalization options. They are widely used to safeguard smartphones from damage, scratches, and impacts while allowing users to express their individuality through various designs and materials with a CAGR of 7.9% in the forecast period of 2022 to 2029
- On the basis of price range, the mobile phone accessories market is segmented into low, medium and high. Mid is expected to dominate the market with a CAGR of 7.7% in the forecast period of 2022 to 2029 due to wide range of consumers who seek reliable and durable products at a reasonable cost.
- On the basis of packaging type, the mobile phone accessories market is segmented into clear view boxes, blister packs, trays, pouches and bags, folding cartons and clamshells. The clear view boxes is expected to dominate the market with a CAGR of 8.1% in the forecast period of 2022 to 2029 due to their visual appeal and functionality. With transparent packaging, customers can easily view the product, showcasing its features and design while providing protection during transportation, making it a preferred choice for both consumers and retailers.
- On the basis of distribution channel, the mobile phone accessories market is segmented into offline and online. The offline is expected to dominate the market with a CAGR of 7.3% in the forecast period of 2022 to 2029 due to the advantages they offer, such as physical product displays, immediate availability, personalized assistance, and the ability for customers to touch and feel the accessories before making a purchase decision.
In 2022, the offline is expected to dominate the distribution channel of the mobile phone accessories market
In 2022, the offline is expected to dominate the market owing to the advantages they offer, such as customers should have access to physical product displays, immediate personalized assistance, and the ability to touch and feel accessories before making a purchase decision with a CAGR of 7.3% in the forecast period of 2022 to 2029
- On the basis of sales category, the mobile phone accessories market is segmented into white labels/no brand name, brand and third parties. White labels/no brand name is expected to dominate the market with a CAGR of 7.4% in the forecast period of 2022 to 2029 due to their affordability and flexibility. Retailers and consumers can access quality products at lower prices, and businesses can customize and rebrand these accessories to align with their own brand identity, enhancing their competitiveness in the market.
- On the basis of end use phones, the mobile phone accessories market is segmented into smartphones and I phones. The smartphones is expected to dominate the market with a CAGR of 7.1% in the forecast period of 2022 to 2029 due to their versatile features, including advanced communication, internet connectivity, multimedia capabilities, and app ecosystems. They have become essential devices for communication, entertainment, productivity, and accessing digital services.
Major Players
Data Bridge Market Research recognizes the following companies as the major mobile phone accessories market players in mobile phone accessories market are SAMSUNG (South Korea), Apple Inc. (U.S.), Western Digital Corporation (U.S.), Bose Corporation (U.S.), Xiaomi (China), Sony Corporation (Japan), Skullcandy.in (U.S.), Ballistic (U.S.), Sennheiser electronic GmbH & Co. KG and Otter Products, LLC (Germany)
Market Development
- In 2020, Kingston Technology Corporation has decided to launch a new product Canvas Card Series and MobileLite Plus Readers. This development will help the company to increase the product portfolio and revenue in near future.
- In 2020, SAMSUNG has decided to launch a new product named Galaxy Buds+. This development will help the company to increase the product portfolio and revenue in near future.
- In 2020, Plantronics, Inc. has decided to launch a new product named Blackwire 8225 with Advanced Hybrid Active Noise Cancelling. This development will help the company to increase the product portfolio and revenue in near future.
- In 2019, Griffin Technology has decided to launch a new product Lineup of Survivor Cases to Protect iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max. This development will help the company to increase the product portfolio and revenue in near future.
Regional Analysis
Geographically, the countries covered in the mobile phone accessories market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in mobile phone accessories market during the forecast period 2023-2030
The Asia-Pacific region dominates the mobile phone accessories market due to several factors. The consumption of films and multimedia content is high in this region, driving the demand for accessories like screen protectors and cases. Furthermore, the region has a large population with a growing middle class, resulting in increased smartphone adoption and subsequent demand for accessories. These factors contribute to Asia-Pacific's prominence in the mobile phone accessories market.
North America is estimated to be the fastest growing region in mobile phone accessories market the forecast period 2023-2030
North America is projected to experience substantial growth in the mobile phone accessories market during the forecast period. This is primarily due to the widespread use of mobile phones in the region. With a tech-savvy population and high smartphone penetration rates, the demand for accessories such as chargers, headphones, and protective cases is expected to surge. The region's affinity for advanced technology and consumer-driven market trends further contribute to the anticipated growth in North America.
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