NEWARK, DEL, May 16, 2023 (GLOBE NEWSWIRE) -- The global Mobile Cases and Covers Market is forecast to expand at 5.8% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 24,401.2 Million in 2023 and is expected to reach US$ 42,881.3 Million by the year 2033.
The key market determinant for mobile cases and covers is the high proliferation and ownership of smartphones across the globe. People across the world understand the considerable repercussions of having their phone screens damaged or cracked by an incident. Therefore, consumers are inclined toward purchasing protective cases or covers for their smartphones.
Another salient trend being witnessed in the market is people’s willingness to buy quality protective cases equipped with advanced features. These types of cases and covers ensure that the device does not get damaged.
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Demand for protective phone covers is driven by customer specifications, requirements, and transforming lifestyle trends. A protective phone cover is frequently used as a statement piece and echoes a person’s cultural and social preferences. The selection of a phone cover can be affected by many factors. These include social media trends, quotes, favorite personalities, books, movies, social causes, and other such cultural references. To keep products relevant, manufacturers take into account these factors to capture more customer base.
The thriving e-commerce sector has also played a vital role in delivering cost-effective and extensive mobile accessories.
Top Highlights from the FMI’s Analysis:
- The North American mobile cases and covers industry obtained a 25.7% market share in the historical period.
- The United States market contributed 19.4% to the global mobile cases and covers the industry.
- The Europe mobile cases and covers industry gained 23.9% of the global market in 2022.
- The German market acquired a market share of 4.7% in 2022.
- The United Kingdom market is projected to expand at 4.4% CAGR in the estimated period.
- The Asia Pacific region is estimated to register robust sales of mobile cases and covers. China and India, both are expanding expeditiously, at a CAGR of 8.9% and 8.3%, respectively.
- Based on the product, covers procured market share of 56.2% in 2022.
- Based on material, plastic gained 29.8% of the overall market in 2022.
Stay Updated with Recent Developments:
Atom Studios, the United States-based company, announced in February 2022 the unveiling of a new case for Samsung phones. The new case is known as Touch, and is present for S22+ and S22 Samsung Galaxy models. As the name suggests, the case is made keeping tactility in mind. The soft-touch silicone outer covering feels ultra-soft upon touch.
- CLCKR, which is a mobile accessory company, revealed a new offering in September 2021, for mobile cases, multi-functional stands, and grips for iPhone 13, 13 Pro Max, and 13 Pro. The range of new designs has incorporated color match choices for iPhone’s 13 holographic designs, colors, and alliances with Richmond and Finch.
- Incipio Inc. introduced protective cases for a series of Samsung Galaxy S21, such as S21 5G, S21 Ultra 5G, and S21+ 5G devices. These cases have been qualified as per Samsung performance standards.
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Key Players:
- XtremeGuard
- Belkin International, Inc.
- ZAGG Intellectual Property Holding Co.
- MOKO
- Amzer
- Griffin Technology
- Incipio, LLC
- CG Mobile
- Shenzhen Ipaky Electronic Co., Ltd
- Otter Products LLC
Key Segmentations:
By Product:
- Cases
- Wallets
- Pouches
- Hard Cases
- Covers
- Back Covers
- Flip Covers
By Material:
- Plastic
- Polypropylene
- Polyethylene
- PVC
- Polyurethane
- Others
- Leather
- Silicone
- Rubber
- Biodegradable
- Wood
- Fabric
- Bioplastic
- Paper & Paperboard
By Print Type:
- With Print
- Without Print
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Table of Content (ToC):
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Product, 2018 to 2022
Read More TOC in Detail here.
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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