Asia-Pacific Mobile Phone Accessories Market, By Type (Mobile Phone Case, Battery, Power Bank, and Charger), Industry Trends and Forecast to 2030.
Asia-Pacific Mobile Phone Accessories Market Analysis and Size
Mobile phone accessories market has gaining more popularity due to many factors influencing the growth of the market. The rise in the connectivity across the world, along with the usage of wireless electronic devices has been a growing trend. This trend has attracted a huge volume of consumers over the years. This has influenced the phone accessory market. Moreover, the rapid urbanization and industrialization is driving towards the advancement of technology and the development of better connectivity system across the globe.
Data Bridge Market Research analyses that the Asia-Pacific mobile phone accessories market is expected to reach a value of USD 67,267.41 million by 2030, at a CAGR of 8.8% during the forecast period. The Asia-Pacific mobile phone accessories market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in Million and Pricing in USD
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Segments Covered
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Type (Mobile Phone Case, Battery, Power Bank, and Charger)
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Regions Covered
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China, Japan, South Korea, India, Australia & New Zealand ,Hong Kong, Singapore, Taiwan, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.
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Market Players Covered
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Samsung Electronics Co., Ltd., Apple Inc., Western Digital Corporation, AUKEY Online, Xiaomi, Case-Mate, Energizer(a Subsidiary of Avenir Telcom), Maxell Ltd., Griffin, INCIPIO, HONG KONG UGREEN LIMITED, Buykingston, Huawei Technologies Co., Ltd., Koninklijke Philips N.V., Otter Products LLC,, Skullcandy.com, Sony Corporation, The Case Factory, TYLT, ravpower.com, Spigen, Inc., Cygnett, Belkin, Anker Innovations Limited, ZAGG Inc., Panasonic Corporation of North America., and Goal Zero among others.
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Market Definition
Mobile phone accessories are the kind of additional accessories providing more number of functionality to a smartphone or iPhones. Such accessories are available in the market in various product forms, such as chargers, headphones, battery, pop sockets, screen guards, cases, power bank, cables, mounts, and stands, memory cards, speakers and many others. This attracts the consumers owing to its easy accessibility towards the cell phones and are compatible to use.
Asia-Pacific Mobile Phone Accessories Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:
DRIVERS
- HIGHER INCLINATION TOWARD SOCIAL NETWORKING
Phone accessories being launched by small or start-up companies are being advertised on the social media platform to communicate unique features of accessories to consumers. This, in return is increasing the sale of accessories through online platforms. Consumer spend most of their time on social media is, demanding different accessories, such as genuine or customized cases, and portable, and wireless chargers among others that will help them to charge their phone for a longer time.
- INCREASING DEMAND FOR SMARTPHONES IN ALL AGE GROUPS
The major reason for the increase in the sale of portable chargers is the growing usage of smartphone batteries that will require frequent and accessible charging products. The device users are focusing more on buying high-quality accessories for safety purposes, including silicon phone cases to protect the outer body of the device, power banks to keep the smartphones charged for non-stop activities and others. Market players are collaborating in order to launch smartphone accessories that are suitable for all age groups and less harmful to old age consumers. This includes investing in research and development to create new charger technology that are more reliable, and durable.
OPPORTUNITY
- SIMPLIFICATIONS AND INCREASE IN TECHNOLOGICAL ADVANCEMENTS
Charging pads are Qi-compatible to increase the charging capacity, and the given standard allows accessories to be compatible with devices. Qi charging pad, which can be effective over distances up to four cm (1.6 in). Single-branded and multi-brand stores offer a diverse range of wireless accessories such as chargers, ultra-thin batteries, portable charging batteries, lithium–ion batteries in the battery segments. As consumers are exposed to more technologically advanced accessories, their demand increases.
RESTRAINT/CHALLENGE
- LACK OF STANDARDIZATION OF PRODUCTS
Lack of standardization of process that involves the manufacturing of mobile accessories can lead to damage of the company brand image Asia-Pacific. The laws and regulations for electronic components are very stringent and particular across the globe.
Post-COVID-19 Impact on Asia-Pacific mobile phone accessories Market
The COVID-19 pandemic has had a significant impact on the communication industry, including the market for mobile phone accessories. The pandemic has led increased usage of smartphone for all age group, which has impacted demand for mobile phone accessories. One of the major impacts of the pandemic has been disruptions in the Asia-Pacific supply chain, which have led to shortages of raw materials and components used in the manufacturing of mobile phone accessories. This has caused delays in production and delivery of phone accessories, which has impacted the ability of smartphone companies to complete their launches on time.
Recent Developments
- In March 2021, Samsung Electronics Co., Ltd. announced the launch of brand new wireless charger pad. The pad is used to charge more than one device at one time. This product launch has helped to enhance the company's financials expand their product portfolio.
- In November 2019, Apple Inc. announced the start of construction on its new campus in Austin, Texas. The store has been opened as a part of expansion. This expansion will help the company to ship the all-new Mac Pro to customers easily. This construction of apple’s new campus in Austin will help the company to strengthened company position within the city and help the talented and diverse workforce to increase their productivity.
Asia-Pacific Mobile Phone Accessories Market Scope
Asia-Pacific mobile phone accessories market is segmented on the basis of type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Type
- Mobile Phone Case
- Battery
- Power Bank
- Charger
On the basis of type, the Asia-Pacific mobile phone accessories market is segmented into mobile phone case, battery, power bank, and charger.
Asia-Pacific Mobile Phone Accessories Market Regional Analysis/Insights
Asia-Pacific mobile phone accessories market is analysed, and market size insights and trends are provided by region, and type as referenced above.
The countries covered in the Asia-Pacific mobile phone accessories market report are China, Japan, South Korea, India, Australia & New Zealand, Singapore, Taiwan, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.
The region section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Asia-Pacific Mobile Phone Accessories Market Share Analysis
Asia-Pacific mobile phone accessories market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific mobile phone accessories market.
Some of the major players operating in the Asia-Pacific mobile phone accessories market are: Samsung Electronics Co., Ltd., Apple Inc., Western Digital Corporation, AUKEY Online, Xiaomi, Case-Mate, Energizer(a Subsidiary of Avenir Telcom), Maxell Ltd., Griffin, INCIPIO, HONG KONG UGREEN LIMITED, Buykingston, Huawei Technologies Co., Ltd., Koninklijke Philips N.V., Otter Products LLC,, Skullcandy.com, Sony Corporation, The Case Factory, TYLT, ravpower.com, Spigen, Inc., Cygnett, Belkin, Anker Innovations Limited, ZAGG Inc., Panasonic Corporation of North America., and Goal Zero among others.
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