The global mobile phone protective cover market size is anticipated to reach USD 35.5 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.5% CAGR during the forecast period. Increasing penetration of smartphones across the globe is the main factor driving demand for protective cases. For instance, according to a joint study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) and PwC, the number of smartphone users in India is expected to reach 859 million by 2022, rising from 468 million users in 2017. Repairing a cracked or damaged phone screen can be rather expensive and this is a key factor propelling the need for protective mobile phone covers.
By
product, the body glove segment held the largest market share in 2018.
Introduction of sleek designs, coupled with use of advanced materials such as
silicon, rubber, and thermoplastic polyurethane to deliver 360°protection, is
expected to expand the application scope of the segment.
Conventional
plastic materials such as polycarbonate are widely used to manufacture hard
cases. These provide the least amount of protection to the phone and are more
susceptible to cracks and damage when dropped. Hybrid mobile phone covers are
better designed to absorb the impact of a fall, compared to cases made from
conventional materials as they have a soft inner layer for better shock
absorption. Owing to these benefits, the hybrid cases segment is anticipated to
expand at the highest CAGR of 9.4% over the forecast period. Companies have
also been using carbon fiber to enhance impact resistance in these phone
covers. Although expensive, mobile phone protective covers made from this
material are lightweight, strong, and durable.
Based
on distribution channel, the offline segment held a leading market share of
71.0% in 2018. Most consumers still prefer buying products at physical stores
rather than online portals as in-store allows the choice of physical
verification of the products. Nevertheless, the online segment is anticipated
to expand at the highest CAGR of 8.4% from 2019 to 2025, propelled by
widespread penetration of mobile phones and the internet. Introduction of innovative
delivery options, such as same day delivery, by prominent vendors, coupled with
growing penetration of e-commerce vendors in tier II and tier III cities, is
expected to have a positive impact on the growth of the market.
Asia
Pacific held the leading share in 2018 owing to the presence of a large number
of smartphone users. China is the dominant market in the region, fueled by
soaring sales of protective covers via offline as well as online channels. The
Middle East and Africa market is expected to expand at a CAGR of 6.0% over the
forecast period, thanks to growing availability of mobile phones in countries
such as South Africa, Ghana, and Kenya and increasing penetration of prominent
vendors in the regional market. For instance, in July 2019, Vivo announced its
plans to expand its business in Middle East & Africa market. As part of the
expansion plan, the company’s latest products will be made available in UAE,
Morocco, Bahrain, Nigeria, Egypt, Kenya, and Saudi Arabia.
Full Research Report On Mobile Phone Protective Cover Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/mobile-phone-protective-cover-market
Further key
findings from the report suggest:
- By product,
the body glove segment held the leading share in 2018. Introduction of
multi-layered cases that provide 360°protection is the main factor driving
the sales of body glove protective covers over the forecast period
- The online
segment is anticipated to expand at the highest CAGR of 8.4% from 2019 to
2025. Increasing internet penetration across the globe, coupled with
faster and reliable delivery by e-retailers, is driving the segment
- Asia Pacific
was the largest marketin 2018, accounting for a share of over 40.0% of the
global revenue. Expansion of the middle-income population group in key
markets like China and India is expected to play a key role in increasing
spending on mobile phone and accessories such as protective covers
- The global
mobile phone protective cover market is highly competitive in nature. Some
of the prominent players are Otter Products LLC.; Shenzhen Ipaky
Electronic Co., Ltd; CG Mobile.; Incipio, LLC; Griffin Technology; Amzer;
MOKO; ZAGG Intellectual Property Holding Co., Inc.; Belkin International,
Inc.; and XtremeGuard.
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https://www.grandviewresearch.com/industry-analysis/mobile-phone-protective-cover-market/request/rs1
Grand View Research has
segmented the global mobile phone protective cover market by product,
distribution channel, and region:
Mobile Phone
Protective Cover Product Outlook (Revenue, USD Million, 2015 - 2025)
- Body Glove
- Pouch
- Phone Skin
- Hybrid Case
- Others
Mobile Phone
Protective Cover Distribution Channel Outlook (Revenue, USD Million, 2015 -
2025)
- Offline
- Online
Mobile Phone
Protective Cover Region Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
- Saudi Arabia
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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