Smartphone screen protector market is estimated to grow by a CAGR of 8.92%
The smartphone screen protector market is grow by a CAGR of 8.92% | MRFR
Pune, India, February 15, 2017 /MRFR Press Release/- Market Research Future published a half cooked research report on Smartphone screen protector market.
Smartphone screen protector market Highlights
Smartphone Screen Protector Market was valued at USD 35.40 billion in 2023 and is expected to reach USD 77.3 billion by 2032. The market is projected to grow at a CAGR of 8.92% from 2024 to 2032, driven by the increasing adoption of smartphones and rising consumer awareness about device protection. The demand for smartphone screen protection in the market is driven by the increased awareness of the smartphone and tablet users for the protection of the screen of smart phones and tablets from damages and breakage. Repurchase of the screen protectors during the product lifecycle of smartphones is expected to boost the demand of smartphone screen protectors. The features provided by smartphone screen protectors such as transparency, scratch proof and air bubble proof among others will also contribute to the growth of this market. The smartphone screen protectors are also available for all sizes of smartphones. Smartphone screen protectors are known for their water resistant properties and long lasting nature.
The growth of this industry is due to the increase in sales of smartphones in developing nations such as India and China. The increase in purchasing power of consumers leads to the increase in sales of smartphones. The increased demand of low cost smartphones is also expected to drive the growth of the product. The smartphone screen protector also provides superior risk mitigation properties such as no scratches and damages to the smartphone and tablet users. The superior adhesive property of the smartphone screen protectors also facilitates the growth of screen protectors.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Smartphone screen protector market Research Report -Forecast to 2032”.
Smartphone screen protector market
The Global Smartphone screen protector Market has been segmented on the basis of materials, types, thickness and applications. Materials comprises of Polyethylene terephthalate (PET), tempered glass material, Thermoplastic polyurethane (TPU) and multi-layer among others. The different types of smartphone screen protectors are 2D, 2.5D, 3D, color screen protector and 9H tempered glass among others. The screen protectors are available in thickness of 0.21 mm, .026mm, 0.33 mm and 0.48mm among others. The applications include smartphones, tablets and others.
The prominent players in the market of Smartphone screen protector market are – Zagg Inc. (U.S.), AZ Infolink Pvt. Ltd.(India), Bodyguardz (U.S.), Asahi Glass co. (Japan), Corning Inc. (U.S.), Nippon Electric Glass Co., Ltd. (Japan), SCHOTT Corporation (Germany), Belkin International Inc. (U.S.), FeYong Digital Technology Limited (China) and Shenzhen YOOBAO Technology Co., Ltd. (China) among others.
Market Research Analysis:
Market Research Future Analysis shows that the tempered glass smartphone screen protector market is growing rapidly owing to superior risk mitigation properties. The superior adhesive characteristics along with declining prices of tempered glass screen protectors is expected to drive the demand for such screen protectors over the forecast period. The tempered glass smartphone screen protectors are available in multi-layer forms. Multi-layered tempered glass screen protectors are very strong protectors that contain different materials which have shock absorption properties. Such protectors are essential to deal with issues like anti-glare, glossy surfaces, fingerprints and others.
Geographically, Asia Pacific region is expected to contribute highest to the global smartphone screen protection market. The developments in low cost screen protectors by the manufacturers will drive the growth of this region. The increasing availability of the raw material and the presence of large number of manufacturers in the region is expected to reduce the product price. Increasing demand for smartphones manufactured by Chinese vendors such as Xiaomi Inc. and Oppo Electronics Corp is expected to drive the product growth. North America is forecasted to record a growth owing to factors such as increased need of smartphone accessories with protective features.
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