The market for mobile phone protection cases is mainly driven by the increase in demand for mobile cases among millennia, coupled with the fast-growing global sales of smartphones. The new design and advanced features (such as waterproof, wireless, rugged, and other) of the protective cases are also projected to support market growth over the forecast period. In addition, major market players are focusing on the launch of biodegradable and sustainable mobile phone protection cases. For example, Urban Armor Gear (UAG) introduced a new biodegradable rugged mobile case protection series Outback in April 2020.
The Outback series is made of 100% compostable bioplastic and 100 % recyclable material for packaging. The global market for mobile phone protection cases is projected to reach over US$ 42.0 billion by 2028 with a CAGR of 7.7 per cent over the 2019-2028 forecast period.
The increase in damage to smartphones around the globe is one of the key factors projected to enhance the market for mobile phone protection in the coming years. According to a recent survey, more than 40 percent of mobile phone owners accidentally damage their phones, and almost 10 weeks have elapsed since the phone was purchased. High mobile phone repair costs, along with an increase in smartphone adoption in the Middle East and Africa region, are some of the other key factors for growing market demand in the coming years. Mobile phone protection cases are expected to bring numerous benefits to its users, such as scratches, dirt, brokerage protection, and others to support market growth during the forecast period.
Based on the product segment, the global market for mobile phone protection cases is divided into body gloves, pouch, phone skin, hybrid cases, and others. The body gloves segment had a major market share in the global market for mobile phone protection in 2019. The use of materials such as rubber, thermoplastic polyurethane and rubber for body gloves are key factors for segment dominance. The introduction of innovative functions and multi-layer protection cover for maximum protection are some of the other factors that are expected to enhance segment growth over the forecast period. In addition, hybrid protection cases are expected to expand at the fastest CAGR in the years to come due to the use of polycarbonate material and increased protection provided by these cases.
The presence of a high number of manufacturers at both regional and country level makes the market highly fragmented. Mobile phone accessories manufacture market players mainly target innovative product offerings along with geographical expansion, which are further projected to drive the global market. For example , in January 2018, CG Mobile expanded its distribution worldwide and launched a new website to deliver innovative products to end-user consumers and distributors around the globe. CG Mobile distributes its products in more than 80 countries.
The market research report on the global mobile phone protection case market provides a comprehensive analysis of key mobile phone protection case manufacturers, geographic presence, market revenue analysis and future developments. Competitive developments of key companies operating in the market for mobile phone protection cases as well as development, innovative product launches, mergers and contracts between market players have been offered in this market research report. A SWOT analysis was carried out on each player summarized in the market report of global mobile phone cases.
Asia Pacific stunned the global market for mobile phone protective case in revenue terms in 2019 and is expected to continue to dominate in the forecast period 2019-2028. The presence of a large number of smartphone users, along with an increase in the urban population, is a major factor in regional dominance in 2019. China had a large share of the regional market followed by India. In Asia Pacific, more than 50 per cent of mobile phone protection cases are of medium and low price range. The growing adoption of smartphones in Asia Pacific, coupled with an increase in disposable income, is expected to further boost regional demand over the forecast period.
North America had a market share of more than 23 per cent of revenue in 2019. In North America, more than 60 per cent of revenues are generated from premium and medium price mobile phone protection cases.
Major market players within the mobile phone protective cases market are Otter Products LLC, CG Mobile, Griffin Technology, Moko, Belkin International, Inc., Spigen, Inc., Urban Armor Gear, Incipio LLC, Shenzhen Ipaky Electronic Co. Ltd., Amzer, ZAGG Intellectual Property Holding Co., and XtremeGuard among other key players.
Full Report with Table of Content: https://www.alchemymarketresearch.com/consumer-goods/global-mobile-phone-protective-cases-market