Mobile Phone Accessories Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2031

Global Mobile Phone Accessories Market

Mobile phone accessories are software or hardware components that are not integral to the operation of mobile phones. The increasing adoption of smartphones and other handheld mobile devices has led to the rapid growth of the global mobile phone accessories market. An increase in disposable income across regions such as the Asia Pacific and a dip in the prices of smartphones have fuelled the market for mobile phones as well as for their accessories.

In emerging economies such as India, China, Brazil, and Indonesia, the sales of smartphones have increased, thereby creating secondary demand for accessories that are usually not sold along with smartphones.

Mobile phone accessories include chargers, batteries, headphones/earphones, portable speakers, memory cards, protective cases, and power banks. The demand for protective cases has been the highest and is expected to surge during the period between 2021 and 2031.

The demand for chargers and headphone/earphones is also anticipated to significantly increase in the coming years. It has been observed that accessories such as chargers and headphone/earphones are usually supplied by original equipment manufacturers (OEMs). As modern-day smartphone batteries are unable to endure heavy usage, the demand for power banks is expected to increase rapidly.

The global mobile phone accessories market operates through a number of distribution channels such as online stores, single-brand stores, and multi-brand stores. With the introduction of e-commerce, online stores are being preferred by consumers over single-brand and multi-brand stores.

As a result, brick-and-mortar distribution stores are projected to experience a dip in their revenue in the near future. In terms of price, mobile phone accessories have been segmented into premium, mid-, and low-range price categories. Consumers usually prefer mid-range-priced mobile phone accessories.                                                                       

Global Mobile Phone Accessories Market: Overview

Mobile phone accessories complement the features, performance, and maintenance of mobile handsets. Technological innovations and the need for the effective maintenance of mobile phones have propelled the growth of the global mobile phone accessories market.

The market is highly dynamic due to frequent product launches introducing new features. The compatibility and interchangeability of mobile phone accessories let consumers choose from a wide range of product offerings. The growing demand for mobile phone accessories and high-profit margins of products has led many established players in the mobile handset market to launch their own accessories.                                    

The presence of a large number of multinational as well as regional brands has boosted the growth of the global mobile phone accessories market. Compared to multinational brands, regional players in the market offer fewer mobile accessories to keep their prices competitive.

As a result, the majority of customers buy mobile accessories from local stores or from online stores. In the coming years, the global mobile phone accessories market is expected to be dominated by local manufacturers due to their low production costs and competitive pricing.

Global Mobile Phone Accessories Market: Region-wise Outlook

The global mobile phone accessories market has been segmented into four key regions:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• The Middle East and Africa (MEA)
• Oceania

Europe currently leads the global market for mobile phone accessories. Sales in Europe will account for over XX% of total demand registered throughout the forecast period. Within Europe, Germany is expected to remain a dominant market.

Which are some of the leading companies manufacturing mobile phone accessories?

• Samsung Electronics Co., Ltd.
• Logitech International S.A.
• Harman International Industries, Incorporated
• Plantronics, Inc.
• Sony Corporation
• Apple Inc.
• Skullcandy Inc.
• GN Group
• Incipio Group
• Western Digital Corporation
• Kingston Technology Company Inc.
• Cambridge Soundworks Inc.
• Bscstore Inc.
• The Case Factory
• TYLT, Ballistic
• Moftware Inc.
• Seidio Inc.
• SincoCase International Industrial
• Case Mate Inc.

Scope of the Report

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