openPR Logo
Press release

Mobile Phone Accessories Market Revenue Expected to Touch US$ 121,726.4 Mn by 2025

04-13-2017 01:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Mobile Phone Accessories Market Revenue Expected to Touch US$

The rapid proliferation of mobile phones has created a burgeoning market demand for mobile phone accessories globally, leading to an exponential market growth. The global mobile phone accessories market is projected to register a high CAGR of 6.9% during the period 2015 to 2025 across the key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa. Major trends observed in the market include rising mergers and acquisitions, diversification of product portfolio and product advancement, as well as new product development across the globe.

The global mobile phone accessories market has been segmented on the basis of products into protective case, headphone/earphone, charger, memory card, battery, power bank, portable speaker, and others. The market is also segmented by price range into premium, mid, and low; and on the basis of distribution channels into multi-brand store (further sub-segmented into organised store and independent store), single-brand store, and online store.

Key market drivers and resultant trends

The mobile phone accessories market is influenced by certain key drivers that play a major role in altering market dynamics in the aforementioned regions.

Increasing Disposable Income and Growing Global Population
In 2015, global disposable income increased by 3.1% as compared to 2014, leading to a rapid growth of the mobile accessories market owing to increased demand for mobile accessories especially in developing countries of Asia Pacific and Latin America
UN estimates point to an increase in global population from 7.2 billion in 2013 to 9.6 billion by 2050. Increasing population growth, coupled with growing GDP of developing countries such as Asia Pacific and MEA is likely to enhance the growth of the mobile accessories market over the forecast period

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-112

Expanding Urban Population
According to UN statistics, 54% of the world’s population resided in urban areas in 2014 and this number is projected to increase to 66% by 2050. Expansion of urban population across the globe, characterized by urban upper class and high net worth individuals, has led to a strong demand for advanced mobile accessories such as premium headphones and power banks. Moreover, rapid migration from rural to urban areas, particularly in countries such as China and Indonesia, is expected to support growth in this market over the forecast period

Proliferation of Smartphones
Smartphone adoption across countries such as China, Indonesia, and Brazil is growing at a fast pace, linked to increasing internet penetration and popularity of social networking in these countries.
A growing trend of mobile shopping, e-banking, and Bring Your Own Device (BYOD) is accelerating the demand for smartphones across the globe, thereby fuelling growth of the mobile accessories market

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-112

Strong Distribution Network
Online retailing is becoming a most popular distribution channel in emerging markets such as China, Indonesia, Brazil, and Russia. To gain competitive advantage in the mobile accessories market, key providers largely rely on strong distribution channels such as multi-brand distributors and retailers of mobile accessories in order to better cater to customers

The global mobile phone accessories market is projected to account for US$ 121,726.4 Mn by the end of 2025. APEJ, North America, and Western Europe are collectively expected to account for 79.6% market share by 2025. The markets in Latin America and MEA are estimated to be the second- and third-fastest growing regional markets with CAGRs of 7.3% and 5.7% respectively over the forecast period.

Browse Full Report@ http://www.futuremarketinsights.com/reports/global-mobile-phone-accessories-market

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
Blog: http://fmiblog.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Phone Accessories Market Revenue Expected to Touch US$ 121,726.4 Mn by 2025 here

News-ID: 500895 • Views:

More Releases from Future Market Insights

Hybrid Meat Products Market Projected to Grow at 9.5% CAGR to USD 1,314.9 Million by 2035
Hybrid Meat Products Market Projected to Grow at 9.5% CAGR to USD 1,314.9 Millio …
The global Hybrid Meat Products Market is poised for remarkable growth over the next decade, with the market projected to expand from USD 530.6 million in 2025 to approximately USD 1,314.9 million by 2035, reflecting a robust CAGR of 9.5%. This surge underscores the growing appetite for protein solutions that blend traditional meat with plant-based ingredients, combining taste familiarity with sustainability and nutritional benefits. Hybrid meat products are gaining traction across
Fermented Coffee Market Set to Reach USD 766.8 Million by 2035: A Flavorful Blend of Tradition, Innovation, and Wellness
Fermented Coffee Market Set to Reach USD 766.8 Million by 2035: A Flavorful Blen …
The global fermented coffee market is brewing a new era of growth, with projections indicating a rise from USD 330.6 million in 2025 to USD 766.8 million by 2035-a remarkable CAGR of 8.8%. This forecast underscores a transformative decade for the category, driven by health-conscious consumer demand, innovative fermentation techniques, and the expansion of both established and emerging players in the global coffee landscape. Acquire the Complete Market Report - Available
Enzyme Protectants Market Forecast to Reach USD 1.51 Billion by 2035, Driven by Biologics, Sustainability, and Technological Innovation
Enzyme Protectants Market Forecast to Reach USD 1.51 Billion by 2035, Driven by …
The global enzyme protectants market is poised for remarkable growth over the next decade, with valuations expected to rise from USD 820.5 million in 2025 to approximately USD 1,511.5 million by 2035. Representing a compound annual growth rate (CAGR) of 6.3%, this surge reflects an increasing demand for solutions that maintain enzyme stability and performance across pharmaceuticals, food processing, industrial biotechnology, and research applications. Request the Full Report or Custom Research
Global Aqua Probiotic Market to reach USD 1,180.0 Million by 2035, Driven by Sustainable Aquaculture and Innovative Technologies
Global Aqua Probiotic Market to reach USD 1,180.0 Million by 2035, Driven by Sus …
The global Aqua Probiotic Market is poised for remarkable expansion over the next decade, projected to grow from USD 480.5 million in 2025 to approximately USD 1,180.0 million by 2035, registering a CAGR of 9.4%. This growth reflects the sector's evolution from niche adoption to mainstream integration, highlighting the increasing importance of probiotics in sustainable aquaculture practices worldwide. For Tailored Insights and Customization, Connect With Us Here: https://www.futuremarketinsights.com/reports/sample/rep-gb-26136 Rising demand for antibiotic-free

All 5 Releases


More Releases for America

Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth