The global India mobile phone accessories market is estimated to be valued at US$ 2,238.4 Mn in 2022 and is expected to exhibit a CAGR of 9.72% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
Mobile phone protective cases have the largest market share as they help protect the phone from damages like scratches, drops and other hazards. Protective cases come in different styles, designs and prices to suit every consumer need. They add aesthetic appeal to phones and extend the life of expensive devices. Market key trends: Content: One of the key trends in the India mobile phone accessories market is the growing demand for stylish and lightweight protective cases. Various manufacturers are focusing on designing slim protective cases integrated with different materials like thermal plastic polyurethane and thermoplastic elastomer to provide maximum protection without compromising on portability. Transparent cases are also gaining popularity among young consumers as they allow showing off of original phone design along with protection. Advancements in screen protector technology with addition of blue light filters is another major trend driving the growth of the India mobile phone accessories market. Segment Analysis The India mobile phone accessories market is segmented by product type into protective cases, headphones, chargers, power banks, batteries, portable speakers, memory cards, and other accessories. Among these, the protective cases segment accounted for the largest market share in 2022 owing to the rising adoption of smartphones and growing need to safeguard expensive mobile phones from damage. The protective cases sub-segment is anticipated to remain the dominant segment over the forecast period as well due to growing awareness about mobile phone protection among consumers in India. Key Takeaways The global India Mobile Phone Accessories Market Share is expected to witness high growth, exhibiting CAGR of 9.72% over the forecast period, due to increasing penetration of smartphones across various regions of India. Regional analysis Regionally, the Southern region dominated the India mobile phone accessories market in 2022 with a share of around 35%, owing to the high disposable income and rising young population leaning towards enhancing their smartphone experience in the region. The Western region is predicted to witness the fastest growth over the forecast period. Key players Key players operating in the India mobile phone accessories market are Kingston Technology Corporation, Apple Inc., SanDisk Corp., Samsung Electronics Co. Ltd., Skullcandy, Inc., Microsoft Corporation, Sony Corp., Capdase International Limited, and Moshi, by Aevoe Group. Read More, https://www.insightprobing.com/india-mobile-phone-accessories-market-trends-size-and-share-analysis/
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