Mobile Phone Accessories Market Exhibits a Stunning Growth Potentials | Apple India Pvt. Ltd.,Belkin India Pvt. Ltd.,Callmate (India) Pvt. Ltd.,Case Mate India Pvt. Ltd.,Eon Electric Ltd.

As per the report published by The Brainy Insights, the global mobile phone accessories market is expected to grow from USD 84.1 billion in 2021 to USD 157.3 billion by 2030, at a CAGR of 7.20% during the forecast period 2022-2030. North America emerged as the largest market for the global mobile phone accessories market, with a 34.5% share of the market revenue in 2021.

Request sample copy of this report @ https://www.thebrainyinsights.com/enquiry/sample-request/12811

North America currently dominates the mobile phone accessories market due to the changing lifestyles and rising per capita income which is anticipated to propel the market in the projection period. Similarly, the rising need for smartphones in the region drives the demand for accessories. It is mainly due to increasing urbanization and changing demographics. The mobile phone accessories market is highly fragmented and represented by the existence of both domestic and global players.
Mobile Phone Accessories Market Size by Price Range (Mid, Low, and Premium) Product Type (Popsockets, Headphone/Earphone, Portable Speaker, Battery, Protective Case, Power Bank, Charger, Memory Card, Battery Case, Screen guards, and Others), Distribution Channel, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030.

Leading companies in the industry include Apple India Pvt. Ltd., Belkin India Pvt. Ltd., Callmate (India) Pvt. Ltd., Case-Mate India Pvt. Ltd., Eon Electric Ltd., Intex Technologies (India) Ltd., Moftware Infotech Pvt. Ltd., Optiemus Infracom Ltd., PNY Technologies Asia Pacific Ltd, Samsung India Electronics Pvt. Ltd. among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

Read complete report @ https://www.thebrainyinsights.com/report/mobile-phone-accessories-market-12811

The price range segment is divided into mid, low, and premium. The premium segment dominated the market, with a market share of around 34% in 2021. The product type segment is divided into popsockets, headphone/earphone, portable speaker, battery, protective case, power bank, charger, memory card, battery case, screen guards, and others. The protective cases segment dominated the market, with a market share of around 12% in 2021. The distribution channel segment is divided into online & offline. The offline segment dominated the market, with a share of approximately 62% in 2021.

The pandemic has had a significant adverse effect on sales due to the shutdown of the retail sector. However, the rising focus on the at-home experiences led to sales recovery from quarter three. During the mid-lockdown period, i.e., May 2020, the market noticed a slow growth due to the crisis in available products, an aftereffect of delayed production during the pandemic. The aftereffect persisted in impacting the market in the post-lockdown course, leading to slow development in sales. Electronic commerce increased sales of well-known home appliance brands in the post-lockdown phase.

However, the supply chain got poorly impacted owing to the lockdown. And the impact was short-lived, and companies are preparing to bounce back with more increased sales in the forthcoming period.

Enquire more about this report @ https://www.thebrainyinsights.com/enquiry/buying-inquiry/12811

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

Avinash D
Head of Business Development
Phone: +1-315-215-1633
Email: sales@thebrainyinsights.com
Web: http://www.thebrainyinsights.com

This release was published on openPR.