Mobile Phone Cases And Covers Market Estimated to Record Highest CAGR by 2027
Mobile Phone Cases and Covers: Market Dynamics
An increase in the disposable income of individuals is the major factor fuelling the growth of the global mobile phone cases and covers market. Expanding urban population and rising urbanization has led to an increased demand for mobile phones which has further augmented the demand for mobile phone cases and cover. Rising demand from youngsters for mobile cases and covers with striking features is a key factor fuelling the demand of the global mobile phone cases and cover market. Factor restraining the growth of the global mobile phone cases and cover market is the cost of the raw material used in making these cases. Since a lot of local manufacturers are engaged in the production of mobile phone cases and covers, this has led to hampered quality of cases and covers. There is no set benchmark for the quality of these cases and covers which is restraining the growth of the global mobile phone cases and cover market. Selling through e-commerce is a key trend prevailing in the global mobile phone cases and cover market. E-commerce sites have led to an increased earning income for the cases and covers manufacturers. Innovation in the product line in terms of extra protective features such as shockproof case is anticipated to create an opportunity for the global mobile phone cases and over the market.
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Mobile Phone Cases and Covers: Market Segmentation
Global mobile phone cases and covers market is segmented on the basis of material, product type, distribution channel, and geography. On the basis of material, the global mobile phone cases and cover market is segmented into leather, plastic, and silicone cases. On the basis of product type, the global mobile phone cases and covers market is segmented into pouches & sleeves, flip cases, and cases & skins. Mobile phone cases and covers are more portable to use as compared to other types of cases and covers. On the basis of the distribution channel, the global mobile phone cases and covers market is segmented into online stores, multi brand store, and single brand store. Online stores are being increasingly preferred by the consumers owing to a large number of options at a single place.
Mobile Phone Cases and CoversMarket: Regional Outlook
On the basis of geography, the global mobile phone cases and covers market is segmented into Latin America, Middle East & Africa, and North America, Europe, and Asia Pacific region. Asia Pacific region is leading the global mobile cases and covers market. Rising urban population in the Asia Pacific region is anticipated to increase the demand for mobile phone cases and covers over the forecast period. China is the leading manufacturer of the mobile phone cases and covers. Chinese products rule the market in the Asia Pacific region. India appears to be the largest consumer of the mobile phone cases and covers owing to a large population base and increasing demand of smartphones.
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Mobile Phone Cases and CoversMarket: Key players
Global mobile phone cases and cover market is highly fragmented with a lot of local manufacturers dominating the market. Key players of the global mobile phone cases and covers market are Griffin technology, Otterbox, Samsung Electronics, Amzer, and MOKO.
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