Global Mobile Phone Accessories Market (2020-2026) - Size, Share, Outlook, industry & COVID-19 IMPACT

Global Mobile Phone Accessories Market report thoroughly covers the market by product type, price range, distribution channel, and regions including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa, and key countries. Global Mobile Phone Accessories Market outlook report provides an unbiased and detailed analysis of the on-going Global Mobile Phone Accessories Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Mobile Phone Accessories Market Synopsis

Global Mobile Phone Accessories Market is expected to witness significant growth over the upcoming years. As the Mobile phone plays an important and vital role in modern-day to day life so, the increase in the adoption of smartphones, as they offer effective connectivity to the digital world majorly drives the Mobile Phone Accessories Market. The upsurge in disposable income and a rise in the popularity of social networking sites in urban areas also boost the market growth. The demand for mobile phone accessories has increased due to an upsurge in disposable income and a rise in the popularity of social networking sites in urban areas. Also, an increase in internet penetration boosts the online retailing platform. However, extreme usage of headphones affects the hearing ability of the users, which restricts the market growth. The imposition of tariffs on imports and exports between dominating manufacturing countries results in major changes in the global technological landscape. The future market uncertainty limits the company's investment and reduces the pace of expansion.

According to 6Wresearch, the Global Mobile Phone Accessories Market size is anticipated to register growth during 2020-26. Growing advancement in technology is driving the demand for wireless accessories which is further proliferating the Mobile Phone Accessories Industry. Change in the preference of consumers coupled with increasing demand for portable hearing devices is also propelling the demand for mobile phone accessories. Surging disposable income and growing urbanization are also driving the development of the market.   Moreover, there is no doubt that the spread of COVID-19 has affected the lives of all the natives across the globe. It has also impacted the Mobile Phone Accessories market a lot with much economic slowdown.

Some of the key players in the market are Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Samsung Electronics Co., Ltd., Apple Inc., Bose Corporation, BYD Co Ltd., Plantronics, Inc., Energizer Holdings, Inc., and JVC Kenwood Corporation.

Market Analysis by Distribution Channel

The online channels are contributing to the growth of the market as consumers prefer to shop mobile accessories from online stores rather than local stores as it offers ease of convenience to the customers along with various discounts. Further, the rising urban population across the globe, characterized by the urban upper class and high net worth individuals, has led to strong demand for advanced mobile phone accessories like power banks and premium battery cases, and premium headphones. Moreover, rapid relocation from rural to urban areas, particularly in countries like Indonesia and China is likely to drive the market in the upcoming years.

Market Analysis by Region

Global mobile phone accessories market is segmented by regions into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa, out of which, the Asia Pacific dominated Global Mobile Phone Accessories Market by contributing a huge market share in terms of volume, followed by Europe. The large population base in Asia combined with the cost-competitive smartphones has accelerated the growth of the mobile phone accessories market in the region. Geographically, China dominates a huge share in mobile phone accessories because of its great potential and existing customer base, rapid smartphone adoption, and mounting online retail market along with growing disposable incomes. In the Europe region, the German mobile phone accessories market is expected to achieve absolute great opportunities over the near future. The mobile phone accessories market is expected to thrive in the Asia Pacific excluding Japan (APEJ), owing to high internet penetration, growing adoption of smartphones, and falling prices of smartphones. Fast-developing economies such as India and China are expected to lead the mobile accessories landscape in the region.

Key Highlights of The Reports

• Global Mobile Phone Accessories Market Outlook
• Global Mobile Phone Accessories Market Overview
• Global Mobile Phone Accessories Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Global Mobile Phone Accessories Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Price Range
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Distribution Channel
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Regions
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for North America Mobile Phone Accessories Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Europe Mobile Phone Accessories Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Middle East and Africa Mobile Phone Accessories Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Asia Pacific Mobile Phone Accessories Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Mobile Phone Accessories Market
• Market Drivers and Restraints
• Global Mobile Phone Accessories Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Mobile Phone Accessories Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

By Price Range:

• Premium
• Mid
• Low 

By Distribution Channel:

• Online
• Offline

By Product Type:

• Earphone/Headphone
• Charger
• Power Bank
• Protective Cases
• Others

By Regions:

• North America
• Latin America
• Europe
• Middle East and Africa
• Asia Pacific

Global Mobile Phone Accessories Market: FAQs