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Mobile Cover Market Share Revenue and Growth Rate to Increase During Forecast Year 2019-2030
Mobile Cover Market to surpass USD $44.8 B by 2030 from USD $24.18 B in 2021 at a CAGR of 7.10% in the coming years, i.e., 2021-30.
Mobile phones play a vital role in today’s day-to-day life. People make value addition to their mobile phones through different mobile accessories that improve the functionality as well as protect the phone from damage. U.S. population is increasingly connected to digital information with the growing adoption and usage of mobile phones.
Mobile Cover Market to surpass USD $44.8 B by 2030 from USD $24.18 B in 2021 at a CAGR of 7.10% in the coming years, i.e., 2021-30. The increasing number of smartphone manufacturers, the increasing production and acceptance of smartphones due to the high purchasing power, especially among young people interested in new technologies, are the main factors that are expected to drive the growth of the global Mobile Cover Market.
The mobile Cover market is segmented by Product Type into Mobile Pouches, Phone Skins, Hybrid Cases, Body Gloves. The Body Gloves segment had the largest market share recently. The introduction of slim designs along with the use of advanced materials such as silicone, rubber, and thermoplastic polyurethane for 360 ° protection is expected to expand the scope of the segment.
The mobile Cover market is segmented by Distribution Channel into Multi-Brand stores and Single-Brand Stores. Among these, the Multi-brand Store segment had the highest revenue share in 2020 and is expected to grow at a significant rate during the forecast period due to its high availability of stock as per customers' needs.
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Mobile Cover Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. The mobile Cover market in the Asia Pacific (APAC) region continues to be a significant emerging region in the global market due to the cheaper availability of raw materials and the first-class expansion of regional smartphone brands such as Asus and Samsung. China is the leading mobile phone case and covers a manufacturer in the region. In addition, Chinese products lead the APAC Mobile Cover Market. On the other hand, India is one of the largest buyers of cell phone cases and covers, mainly due to the increase in smartphone sales.
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