Mobile Cover Market to see Rapid Growth by 2029

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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