Brand Story
23 Nov 2022, 18:15 GMT+10
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.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11136
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.
Competitive Landscape
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.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-11136
Key Companies Profiled
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.
Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-11136
Key Segments Covered in Mobile Cases and Covers Industry Research
Mobile Cases and Covers Market by Product:
Mobile Cases and Covers Market by Material:
Mobile Cases and Covers Market by Print Type:
Mobile Cases and Covers Market by Region:
View Full Report @ https://www.futuremarketinsights.com/reports/mobile-cases-and-covers-market
Related Reports
Transport Cases & Boxes Market By Material Type (Plastic, Metal, Leather), Carrying Capacity (Less than 20 kg,20-50 kg, 50-100 kg), End-use (Photography & Music Equipment, Medical and Fire Safety Equipment, Chemicals) & Region - Forecast 2022-2030
Wallets & Little Cases Market By Product, Application & Region - Forecast 2022 - 2032
Equipment cases market: Global Industry Analysis and Opportunity Assessment; 2017 - 2027
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports
The post By 2022, the global Market for Mobile Cases and Covers is estimated to be worth $21.8 billion USD appeared first on Future Market Insights.
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Get a daily dose of Seattle Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Seattle Bulletin.
More InformationBATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
JAKARTA, Indonesia: An Indonesian court sentenced Lina Lutfiawati, also known as Lina Mukherjee, to two years in prison this week ...
HONG KONG: The Chinese Foreign Ministry has issued a request to all foreign consulates in Hong Kong, seeking the personal ...
MARTIN COUNTY, Florida: An Amazon driver making a delivery to a Florida home this week was bitten by a rattlesnake ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...
NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...
DUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...