Mobile Cases and Covers Market is predicted to reach USD 42.4 billion at a CAGR of 6.00% during the forecast period
Mobile Cases and Covers Market Trends, Growth, Forecast 2032 | MRFR
Market Research Future (MRFR) has published a cooked research report on the “Global Mobile Cases and Covers Market” that contains information from 2018 to 2032. The Mobile Cases and Covers market is estimated to register a CAGR of 6.00% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Mobile Cases and Covers market— Otter Products LLC, Shenzhen Ipaky Electronic Co., Ltd, CG Mobile, Incipio, LLC, Griffin Technology, Amzer, Belkin International, Inc., and XtremeGuard
Mobile Cases and Covers Market Highlights
The global mobile cases and covers market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 42.4 Billion by 2032.
It is anticipated that future product line innovation would create new market potential on a global scale by adding further protection features like shockproof cases. The increasing demand from young people for mobile covers and cases with eye-catching patterns is a significant factor driving demand in the industry. Many smartphone makers are focusing on design components with great protective strength since millennials are more drawn to design covers than any other generation. In Asia, particularly in China, Japan, and India, custom cases are very common.
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Segment Analysis
The global mobile cases and covers market has been segmented based product and distribution channel.
On the basis of product, the market is segmented into body gloves, pouch, phone skin, hybrid cases, and others. Body gloves segment dominated the global market in 2022. As mobile phones become an essential part of daily life, an increasing number of features, including music, television, shopping, gaming, and others, are now being embedded directly into them.
Based on distribution channel, the global mobile cases and covers market has been segmented into online and offline. Offline segment dominated the global Mobile Cases and Covers market in 2022. Because in-person transactions allow for in-person product examination, the majority of consumers still prefer to shop this way over online.
Regional Analysis
The global Mobile Cases and Covers market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Mobile Cases and Covers market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Mobile Cases and Covers market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Mobile Cases and Covers market comprises of Middle East, Africa, and Latin America.
The North America Mobile Cases and Covers Market dominated this market in 2022 (45.80%). Numerous producers of unique protective cases are located in the region since North American consumers prefer stylish and attractive protective cases.
Moreover, Europe Mobile Cases and Covers market accounted for the healthy market share in 2022. Due to the continually expanding user base of mobile devices and the large rise in the use of smartphones and tablets in the region of Europe, the market for mobile protective covers offers a significant opportunity for the manufacturers of such products.
Additionally, the Asia Pacific Mobile Cases and Covers market is expected to register significant growth from 2023 to 2032. This is due to the large user base of cellphones. Thanks to strong retail and online sales of protective phone cases, China today dominates this sector of the economy. With around a third of all shipments worldwide in 2018, the country asserts to have the largest smartphone market in the globe. Over 408.0 million smartphones were sent across the country, according to estimates. This keeps demand for protective covers at a high level.
Furthermore, the rest of the world's Mobile Cases and Covers market is divided into the Middle East, Africa, and Latin America. The Latin American mobile cases and covers market is witnessing significant growth as a result of rising smartphone penetration and increased consumer awareness regarding the protection and personalization of their devices. The market is driven by factors such as technological advancements, changing fashion trends, and a growing focus on smartphone aesthetics.
Key Findings of the Study
- The global Mobile Cases and Covers market is expected to reach USD 42.4 Billion by 2032, at a CAGR of 6.00% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. This is due to the large user base of cellphones.
- Based on Distribution Channel, the Offline segment was attributed to holding the largest market in 2022.
- Otter Products LLC, Shenzhen Ipaky Electronic Co., Ltd, CG Mobile, Incipio, LLC, Griffin Technology, Amzer, Belkin International, Inc., and XtremeGuard