According to a recent market study published by Growth Market Reports, titled, “Global Mobile Phone Holder Market by Type, by Application, by Distribution Channel, by Mounting Type, by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 2459.3 Million in 2022 and is expected to grow at a moderate growth rate of 7.5% by the year 2031.

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As per Growth Market Reports industry analyst Akash Vedpathak, “Global Mobile Phone Holder Market is anticipated to witness significant growth during the forecast period 2023-2031. Mobile phone holders, also known as phone stands or mounts, are accessories that hold mobile phones in a fixed position on a surface, such as a desk or a car dashboard. They are useful for watching videos, taking photos, charging phones, or keeping them safe from scratches and spills. Different types of mobile phone holders, such as stands and foldable novelty shapes are available. They are made of various materials, such as wood, plastic, metal, foam, or faux leather. Foldable phone holders are portable and fit in any pocket. They are made of anti-skid and scratching material, which makes them safe and secure while delivering a wonderful viewing experience with their multi-angle adjustment capabilities.

Key factors that are anticipated to fuel the demand for the global mobile phone holder market during the forecast period are the rapid adoption of smartphones, rising safety concerns, and rising e-commerce. Conversely, availability of affordable counterfeit products and fast changing design trends challenges may hamper the market growth of the men perfume market. Growth in ride-sharing services and technological advancements create opportunities in the market.

The primary, as well as secondary research methodology, is used for keen observation and study about Men Perfume market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The COVID-19 pandemic is a major global event that had a significant impact on many industries, as well as the mobile phone holder market. The pandemic has presented both challenges and opportunities for the market. The pandemic led to a number of changes in consumer behavior. One of the majorly noticeable changes in consumer behavior has been the shift to working and learning from home. This has led to the increased demand for mobile phone holders that can be used in home settings. For example, there has been a surge in the demand for mobile phone holders that can be attached to laptops or desktops. For instance, companies such as PopSockets introduced home office bundles that included phone holders suitable for video calls and multitasking, as remote work became the norm.

Another change in consumer behavior that has impacted the mobile phone holder market is the increased use of mobile phones for entertainment. People turned to their mobile phones for entertainment, such as watching videos, playing games, and listening to music, as they spent increasingly spent time at home. This led to an increased demand for mobile phone holders that can be used in a variety of settings, such as in bed or on the couch.

Key Takeaways from the Study:

  • In terms of type, the Automotive Mobile Phone Holder segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on application, the Commercial segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on distribution channel, the offline segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • On the basis of mounting type, the magnetic segment held a significant market share in 2022 and is projected to expand at a substantial CAGR during the forecast period.

Report Scope:

Report Metric

Details

Market Value in 2022

US$ 2,459.3 Million

Market Growth Rate (from 2016 to 2031)

7.5%

Historical Data

2016-2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Type, By Application, By Mounting Type, By Distribution Channel, By Packaging, By Price Range, By Region

Key Companies Profiled

Scosche Industries, Nite Ize,National Products Inc.,    Brodit AB, Koomus, iOttie, Amkett, Macally, Kenu, Portronics, Techmatte, and Insten

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Mobile vendors, Distributors

  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.