India Mobile Phone Accessories Market (2023-2029) | Industry, Companies, Value, Analysis, Revenue, Growth, Size, COVID-19 IMPACT, Forecast, Outlook, Share & Trends

Topics Covered in the India Mobile Phone Accessories Market

India Mobile Phone Accessories Market report thoroughly covers the market by product type, by distribution channel, and by price range. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

India Mobile Phone Accessories Market Synopsis

India Mobile Phone Accessories Market is estimated to gain momentum in the coming years in the country the growth of the market is attributed to increasing disposable incomes, growing smartphone penetration coupled with rising demand for wireless headphones and earphones, surging need for power banks, and growing adoption of wearable devices. Moreover, technological advancement such as the introduction of 5G technology has further supplemented the growth prospects of this industry.

According to 6Wresearch, the India Mobile Phone Accessories Market size is estimated to expand at a CAGR of 9.70% during the forecast period 2023-2029. Growing disposable incomes have led to increased spending on luxury items including premium smartphones and their associated accessories in India. This has propelled the demand for high-end mobile phones which are more expensive than those offered at lower prices with fewer features or specifications accompanied by a wide range of associated cases & covers, screen protectors and other accessories specifically designed or customized for these high-end phones. The growing popularity of wireless headphones among youngsters along with increasing trends like ‘Work from Home’ leading people to prefer noise cancelling earphones has contributed significantly toward augmenting sales volumes within this product category. Furthermore, innovative products offering advanced technologies such as voice control functionality are gaining traction among consumers which gives significant impetus to the overall Indian mobility phone accessory market size.

COVID-19 influence on the India Mobile Phone Accessories Market

The pandemic had a significant impact on the India Mobile Phone Accessories Market which is a part of Asia Pacific Mobile Phone Accessories Market. The pandemic disrupted the supply chains that had affected the availability of components and raw materials required for manufacturing mobile phone accessories. This led to delays in production. Economic uncertainties led to reduced consumer spending on non-essential items, including mobile phone accessories. Many people prioritized essential purchases over accessories. These measures had declined the market shares at a massive rate.

Key Players of the India Mobile Phone Accessories Market

India Mobile Phone Accessories Market has numerous leading players in the country, who offer top notch quality mobile components and accessories with advanced features.

• Apple Inc.
• Xiaomi
• Sony
• JBL (Harman International)
• Boat
• Realme

Government Initiatives introduced in the India Mobile Phone Accessories Market

The mobile phone accessories market in India report reflects a massive growth of the market with the presence of favourable government policies. For instance, the government's "Make in India" campaign promotes domestic production to reduce import dependency on various products, including mobile phone accessories. Production-Linked Incentive (PLI) Scheme facilitates financial incentives to companies manufacturing mobile phone accessories in India, which provides a significant impetus to the industry expansion. Goods and Services Tax (GST) Reduction on mobile phones accessories and components have made these products more affordable for consumers. This is one of the favourable government policies supporting the India mobile phone accessories market growth. Various export promotion schemes have been launched by the government to encourage the mobile accessories export, leading to a great exposure for the market growth.

Market analysis by Product Types

According to Nitesh Kumar, Research Manager, 6Wresearch, each product type has a high demand in the market. Nevertheless, earphones and charger are dominating India mobile phone accessories market share owing to people desire for headphones/earphones keep Changing coupled with the continuous upgradation into earphones attract conductor switch for new one. Rising smartphone penetration has resulted in an increased charger’s demand.

Market analysis by Distribution Channel

Based on the distribution channel, offline stores were registering the high product sales, nevertheless now the population is shifting towards online purchases with the growing presence of numerous well known mobile brands. 

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Mobile Phone Accessories Market Outlook
• Market Size of India Mobile Phone Accessories Market, 2022
• Forecast of India Mobile Phone Accessories Market, 2029
• Historical Data and Forecast of India Mobile Phone Accessories Revenues & Volume for the Period 2019 - 2029
• India Mobile Phone Accessories Market Trend Evolution
• India Mobile Phone Accessories Market Drivers and Challenges
• India Mobile Phone Accessories Price Trends
• India Mobile Phone Accessories Porter's Five Forces
• India Mobile Phone Accessories Industry Life Cycle
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Product Type for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Earphones/Headphone for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Charger for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Power Bank for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Protective Cases for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Online for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Offline for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Price Range for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Premium for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Mid for the Period 2019 - 2029
• Historical Data and Forecast of India Mobile Phone Accessories Market Revenues & Volume By Low for the Period 2019 - 2029
• India Mobile Phone Accessories Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Price Range
• India Mobile Phone Accessories Top Companies Market Share
• India Mobile Phone Accessories Competitive Benchmarking By Technical and Operational Parameters
• India Mobile Phone Accessories Company Profiles
• India Mobile Phone Accessories Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

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

By Distribution Channel

• Online
• Offline

By Price Range

• Premium
• Mid
• Low

Frequently Asked Questions About the Market Study (FAQs):