Mobile Cases and Covers Market likely to Grow Moderately at 5.6% CAGR during 2022-2029
By 2029, the market for mobile cases and covers is projected to reach US$ 32.3 billion, growing at a 5.6% CAGR between 2022 and 2029. The market for smartphone cases and covers is significantly impacted by changing consumer spending habits and lifestyle trends. Customers use protective cases and coverings for their cellphones to extend their shelf lives.
For major companies in the mobile cases and covers market, the growing demand for 360 degree surface protection for smartphones presents considerable profit-earning prospects. The market for biodegradable mobile cases and covers is anticipated to develop in the coming decade since millennials are more concerned with decreasing plastic waste than previous generations.The market for mobile cases and covers is anticipated to increase by 1.5 times its present market value.
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Demand Analysis for Mobile Cases and Covers (2014–2021) Compared to the Market Outlook (2022 to 2029)
Due to the rising demand for lightweight covers that offer the best protection from drops, bumps, and shocks, the mobile covers category is anticipated to hold the largest market share by product volume during 2019–2029.
Given that plastic has a superior barrier strength, the plastic material segment is anticipated to generate a sizable additional revenue opportunity by the end of 2029. Leather offers elegant appearances. Because of this, a certain segment of the population favours it. Among print types, the “with print” category is predicted to account for a sizable portion of the market for mobile cases and covers throughout the anticipated period.
The global mobile cases and covers market is highly fragmented with the presence of many local and unorganized players. Also, many new players are expected to participate in the global mobile cases and covers market to leverage the significant growth opportunities. The key players focus on product innovation, acquisitions and upgrading with sales through e-Commerce with an aim to increase their global presence and customer base in the global mobile cases and covers market.
The global mobile cases and covers market players is subject to maximum turmoil with new cases and covers launched every now and then. Also, the focus is more on saying “no” to plastic.
- Apple, in March 2019, did launch a new-fangled silicone mobile protective covers for iPhone XS max and iPhone XS. They are being made available in 3 colors – Delft Blue, Papaya, and Spearmint. Also, Smart Battery Case was introduced that makes way for not just great protection but also for better battery life.
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Key Companies Profiled
- Belkin International, Inc.
- ZAGG Intellectual Property Holding Co.
- Griffin Technology
- Incipio, LLC
- CG Mobile
- Shenzhen Ipaky Electronic Co., Ltd
- Otter Products LLC
What’s with the Regions?
“Asian Economies to be the Torchbearers”
Though North America and Europe are home to an appreciable mobile-friendly population, it’s the Asian countries holding the flag high. In the last few years, countries like India, China, Singapore, Malaysia have seen a tremendous penetration of smartphones and the status quo is expected to remain unchanged even going forward.
Research states that an Indian, on an average, consumes 12 GB of data per month. Moreover, the country adds close to 25 Mn new-fangled smartphone users every 3 months. As of October 2021, India is home to 1.18 Bn mobile connections and 600 Mn smartphones. The number of mobile users translates to the number of mobile cases and covers. It would be rarest of the rare phenomenon to see a mobile user not using a case or cover.
China is another country with proliferation of mobiles and smartphones. An interesting fact over here is that maximum users of Apple’s iPhone come from the Asian countries.
With these many smartphones floating all across the Asian countries, the problem of disposal of electronic waste is rampant. There hasn’t been any concrete solution to it in the last few years. On the top of that, if mobile cases and covers also create a roadblock herein, the environment would be far from being in its all-giving stature. Therefore, it’s advisable to go for biodegradable mobile cases and covers.
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Key Segments Covered in Mobile Cases and Covers Industry Research
Mobile Cases and Covers Market by Product:
- Hard Cases
- Back Covers
- Flip Covers
Mobile Cases and Covers Market by Material:
- Paper & Paperboard
Mobile Cases and Covers Market by Print Type:
- With Print
- Without Print
Mobile Cases and Covers Market by Region:
- North America Mobile Cases and Covers market
- Latin America Mobile Cases and Covers market
- Europe Mobile Cases and Covers market
- East Asia Mobile Cases and Covers market
- South Asia Mobile Cases and Covers market
- Oceania Mobile Cases and Covers market
- Middle East & Africa (MEA) Mobile Cases and Covers market
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