The global mobile cover market is anticipated to grow at a CAGR of around 7.4% during the forecast period. The major factors augmenting the demand for the global mobile cover market include rising internet penetration, growing adoption of smartphones, and rising disposable income level in major economies globally. According to IBEF, in India, per capita income rose from $1,301 in 2019 to $1,000 in 2015. Due to increased income levels, people tend to spend high on luxury products such as smartphones. The increased smartphone demand in the country surged the number of smartphone shipments also. As per the same source, smartphone shipments are estimated to reach 173 million in 2021, a ~14.0% increase from 2020. Among major smartphone brands, Xiaomi holds the top position, with a 28.0% shipment market share, followed by Samsung (18.0%), as of the second quarter of 2021. Amid the COVID-19 pandemic, according to IDC, online channels grew 12.0% YoY and contributed 48.0% to the total sales in 2020. The increased sales forced smartphone accessories manufacturing companies to come up with new and fashionable mobile covers with esthetic design and longer durability. Moreover, under the NPE 2019, a production target of 1 billion mobile phones is expected by 2025; this includes ~600 million units for exports. This will drive market growth.
Apart from these, the increasing disposable income, rapid growth in 5G technology, and a significant cut in selling prices of smartphones with better models are some other factors contributing to the market growth. The introduction of advanced materials such as thermoplastics, rubber, and silicon in order to deliver 360 protected sleek designs is anticipated to expand the market during the forecast period. For instance, in August 2018, Pelican Products, Inc launched high-performance cases for Samsung Galaxy Note9, thereby providing eventual protection for smartphones. Furthermore, in June 2020, Doro, one of the leading global suppliers of telecommunication solutions partnered with UK telecoms provider, Sky Mobilein order to launch Doro 7030 and Doro 8050 smartphones on the Sky Mobile network. Such types of launches will augment the development of smart protective covers with better shelf life. Additionally, development of eco-friendly mobile covers is expected to offer lucrative opportunities to the growth of the mobile cover market.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Product Type
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Amzer Inc., Belkin International, Inc., = Griffin Technology, LLC, Incipio, LLC, Otter Products LLC, iPaky Inc.
Mobile Cover Market Report Segment
By Product Type
- Mobile Pouches
- Body Gloves
- Hybrid Cases
By Distribution Channel
- Online
- Offline
A full Report of Mobile Cover Market is Available @ https://www.omrglobal.com/industry-reports/mobile-cover-market
Mobile Cover Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Amzer Inc.
- Apple Inc.
- Belkin International, Inc.
- CG Mobile Ltd.,
- Griffin Technology, LLC
- Incipio, LLC
- iPaky Inc.
- Moko Technology
- Mophie Technology
- Moshi Corp.
- Otter Products LLC
- Samsung Electronics Co., Ltd.,
- Spigen, Inc.
- Urban Armor Gear, LLC.
- Xtremeguard
- ZAGG Inc.
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