Market Forecast By Product Type (Earphones/Headphone, Charger, Power Bank, Protective Cases, Others), By Distribution Channel (Online, Offline), By Price Range (Premium, Mid, Low), And Competitive Landscape
Product Code: ETC012129 | Publication Date: Oct 2020 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Nigeria Mobile Phone Accessories Market report thoroughly covers the market by product type and by distribution channel. The Mobile Phone Accessories Market Outlook report provides an unbiased and detailed analysis of the ongoing 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.
Nigeria Mobile Phone Accessories Market is driven by the rising penetration of smartphones with the growing number of mobile phone users and the increasing income levels of the population. However, some challenges that are hindering the market growth include the offering of inferior quality mobile phone accessories and lack of standardization.
According to 6Wresearch, the Nigeria Mobile Phone Accessories Market size is estimated to gain traction during 2023-2029. The market is surging at an exponential rate on the back of the increasing disposable income of the population which enables them to afford to buy expensive mobile phones, this is likely to the increasing demand for mobile phone accessories as well. Moreover, the rising awareness about the latest technologies introduced in mobile phones is also proliferating the demand for advanced mobile phone accessories and is projected to widen the Nigeria Mobile Phone Accessories Market growth. Additionally, the increasing e-commerce industry and the availability of comprehensive product ranges online are also boosting the growth of the market. On the other hand, several major challenges impeding the market growth are the high import duties on mobile phone accessories, which have resulted in an increase in prices and a reduction in the availability of some specific mobile phone products. However, the market still has great potential with the rising mobile phone users in the country, leading to generating a high product demand and is further likely to surge the Nigeria Mobile Phone Accessories industry.
The COVID-19 pandemic had an adverse impact on the mobile phone accessories market in the country. With the imposed lockdown, many businesses temporarily closed their physical stores. Which made it difficult for the companies to cater to the consumerโs demands. On the other side, due to working-from-home policies and students also shifted to online sources for studies, hence, there had a continuous demand for mobile phones and accessories. Which further impacted the market positively during the pandemic. Overall the market impact was mixed during the COVID-19 pandemic
Several major players operating in the Nigeria Mobile Phone Accessories Market include:
According to Ravi Bhandari, Research Head, 6Wresearch, Power Banks are leading in the market owing to a rise in mobile phone usage. On the other hand, earphones/ headphones are also gaining popularity with rising youngstersโ interest in listening to music.
Based on distribution channels, online stores are in popularity in the country underpinned by the rising e-commerce stores with the increasing number of mobile users who prefer to purchase online rather than offline to save time.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Mobile Phone Accessories Market Overview |
3.1 Nigeria Mobile Phone Accessories Market Revenues & Volume, 2019 - 2029F |
3.2 Nigeria Mobile Phone Accessories Market - Industry Life Cycle |
3.3 Nigeria Mobile Phone Accessories Market - Porter's Five Forces |
3.4 Nigeria Mobile Phone Accessories Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.5 Nigeria Mobile Phone Accessories Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
3.6 Nigeria Mobile Phone Accessories Market Revenues & Volume Share, By Price Range, 2022 & 2029F |
4 Impact Analysis of COVID-19 on Nigeria Mobile Phone Accessories Market |
5 Nigeria Mobile Phone Accessories Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6 Nigeria Mobile Phone Accessories Market Trends |
7 Nigeria Mobile Phone Accessories Market, By Product Type |
7.1 Overview and Analysis |
7.2 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Product Type, 2019 - 2029F |
7.3 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Earphones/Headphone, 2019 - 2029F |
7.4 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Charger, 2019 - 2029F |
7.5 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Power Bank, 2019 - 2029F |
7.6 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Protective Cases, 2019 - 2029F |
7.7 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Others, 2019 - 2029F |
8 Nigeria Mobile Phone Accessories Market, By Distribution Channel |
8.1 Overview and Analysis |
8.2 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Online, 2019 - 2029F |
8.3 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Offline, 2019 - 2029F |
9 Nigeria Mobile Phone Accessories Market, By Price Range |
9.1 Overview and Analysis |
9.2 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Premium, 2019 - 2029F |
9.3 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Mid, 2019 - 2029F |
9.4 Nigeria Mobile Phone Accessories Market Revenues & Volume, By Low, 2019 - 2029F |
10 Nigeria Mobile Phone Accessories Market Import-Export Trade Statistics |
10.1 Nigeria Mobile Phone Accessories Market Export to Major Countries |
10.2 Nigeria Mobile Phone Accessories Market Imports from Major Countries |
11 Nigeria Mobile Phone Accessories Market Key Performance Indicators |
12 Nigeria Mobile Phone Accessories Market - Opportunity Assessment |
12.1 Nigeria Mobile Phone Accessories Market Opportunity Assessment, By Product Type, 2029F |
12.2 Nigeria Mobile Phone Accessories Market Opportunity Assessment, By Distribution Channel, 2029F |
12.3 Nigeria Mobile Phone Accessories Market Opportunity Assessment, By Price Range, 2029F |
13 Nigeria Mobile Phone Accessories Market - Competitive Landscape |
13.1 Nigeria Mobile Phone Accessories Market Revenue Share, By Companies, 2022 |
13.2 Nigeria Mobile Phone Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |