The global mobile accessories market size is expected to reach USD 168.03 billion by 2032, according to a new study by Polaris Market Research. The report "Mobile Accessories Market Share, Size, Trends, Industry Analysis Report, By Product Type (Battery, Headphone, Earphone, Portable Speaker, Charger, Memory Card, Protective Case, Power Bank, Battery Case, Screen guards, Pop sockets, and Others); By Distribution Channel, By Price Range; By Region; Segment Forecast, 2023-2032" gives a detailed insight into the current market dynamics and provides analysis on future market growth.
The globalization of digitalization is increasing our reliance on smart devices, particularly mobile phones. As a result of increased individual usage of mobile phones due to the improved connectivity spectrum, the market for mobile phone accessories is expected to develop. Mobile phone accessories are physical parts that are optional to the operation of mobile phones. However, they must provide extra support, improve the product, and offer considerable convenience.
In November 2022, Hama, a German producer of electronic accessories, stated that it had entered the Indian market by forming alliances with significant local retailers, wholesalers, and e-commerce behemoths.
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The increasing young population has recently induced market development to the next level. Women tend to switch phone covers, affecting the market's overall growth. Furthermore, the male customer group likes to change accessories like fast chargers & headphones. The products make mobile phone use easier and smoother, leading to their increased popularity. Power banks have simplified life for customers who use smartphones and travel often.
The demand for Apple-made mobile phone accessories is growing due to the brand's enduring popularity and existing customers' confidence.
Mobile Accessories Market Report Highlights
Polaris Market Research has segmented the Mobile Accessories market report based on product type, distribution channel, price range, and region:
Mobile Accessories Market, Product Type (Revenue - USD Billion, 2018 - 2030)
Mobile Accessories Market, Price Range Outlook (Revenue - USD Billion, 2018 - 2030)
Mobile Accessories Market, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
Mobile Accessories Market, Regional Outlook (Revenue - USD Billion, 2018 - 2030)