Mobile Accessories Market by Products (Headphone, Charger, Power Bank, Protective Case, and Others), Distribution Channels (Online and Offline), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Mobile Accessories Market Outlook 2031
The global mobile accessories market size was valued at USD 77.94 billion in 2022 and is estimated to reach USD 142.09 billion by 2031, expanding at a CAGR of 6.9 % during the forecast period, 2023 – 2031. The growth of the market is attributed to rising demand for smartphones, as they are the primary source of communication currently.
The mobile accessories market is growing in response to growing demand for smartphones and tablets. Decline in smartphone prices and increasing attraction towards mobile phones is estimated to expand the market. Additionally, rising internet usage and online retailing are projected to increase the sale of mobile accessories.
Mobile Accessories Market Trends, Drivers, Restraints, and Opportunities:
- Rising demand for wireless applications along with regular technology upgrades are boosting the market.
- Changing preference of consumers is estimated to drive the market growth.
- Female consumers prefer to change their phone case frequently, which in turn, is expected to propel the market growth.
- Accessories help in smooth and easy usage of mobile phones, which is anticipated to fuel the market.
- Demand for accessories such as Bluetooth, headphones, and mobile covers among teenagers is increasing, as they keep themselves updated with advanced technologies.
- Key companies are launching appliances such as speakers and wireless headsets, which are continuously upgraded. This is expected to increase the demand for mobile accessories in the next few years.
- Enhanced features and quality of smartphones along with declining prices has led to rising demand for mobile accessories.
Scope of The Mobile Accessories Market Report:
The report on the mobile accessories market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Mobile Accessories Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Products (Headphone, Charger, Power Bank, Protective Case, and Others), Distribution Channels (Online and Offline) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Samsung, Google, Harman International Inc., Apple, Aukey, Belkin International Co., Anket Powercore, UE Boom, and Groovemade Walnut. |
Mobile Accessories Market Segment Insights:
The protective cases segment held a major share of more than 31.2% of the total revenue
Based on product types, the mobile accessories market is segregated as headphone, charger, power bank, protective case, and others. The protective cases segment is expected to grow at a rapid pace during the forecast period. Rising demand for protective cases, due to continuous changes in the product is seen in the female consumer. This is expected to drive the market.
Moreover, improvement in the material of the cases and compatibility with specific mobile phones is driving the market growth during the forecast period. The headphone segment is estimated to expand at a CAGR of 7.4% during the forecast period. Increasing awareness about fitness among the young population has boosted the demand for fitness and sports headphones. Popularity of inexpensive headphones has increased among the middle-class consumers, due to rising trend of travelling.
The offline segment held a major share of more than 69% of the total revenue
On the basis of distribution channels, the mobile accessories market is bifurcated as online and offline. The offline segment is anticipated to grow at a rapid pace during the forecast period. Rising demand for expensive devices such as mobile camera lens and smart watches and proper handling of delicate items in the offline segment are fueling the market. Traditional method of shopping and searching for variances in prices in local shops and wholesale markets are responsible for the segment growth.
The online segment is projected to expand at a CAGR of 7.6% during the forecast period. Rising internet usage in rural areas, replacement options, and trusted & fast delivery by various online platforms are expected to drive the segment. The young working-class population with busy schedules prefers to shop online rather than offline, owing to easy access and doorstep delivery. Additionally, attractive offers provided by online portals increases the consumer base in the segment. These factors are responsible for market growth during the forecast period.
The market in Asia Pacific held more than 45% share of the total revenue in 2018
In terms of regions, the mobile accessories market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is projected to grow at a substantial rate during the forecast period. China accounted for a major share of more than 55% of the total revenue. Massive usage of different types of mobile accessories, innovation and enhancement in products at cheap rates, and the presence of prominent companies in the region are expected to drive the market in the region.
Middle East and Africa is anticipated to grow rapidly, attributed to rising demand from developing countries such as Saudi Arabia, and the UAE. Rising disposal income and changing lifestyles of consumers are estimated to fuel the market during the forecast period. Additionally, rising demand for mobile phones in the region is propelling the market for accessories.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mobile Accessories Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mobile Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mobile Accessories Market - Supply Chain
4.5. Global Mobile Accessories Market Forecast
4.5.1. Mobile Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mobile Accessories Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Mobile Accessories Market Absolute $ Opportunity
5. Global Mobile Accessories Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Mobile Accessories Market Size and Volume Forecast by Types
5.3.1. Headphone
5.3.2. Charger
5.3.3. Power bank
5.3.4. Protective case
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Mobile Accessories Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Mobile Accessories Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Mobile Accessories Demand Share Forecast, 2019-2026
7. North America Mobile Accessories Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Mobile Accessories Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Mobile Accessories Market Size and Volume Forecast by Types
7.4.1. Headphone
7.4.2. Charger
7.4.3. Power bank
7.4.4. Protective case
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Mobile Accessories Demand Share Forecast, 2019-2026
8. Latin America Mobile Accessories Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Mobile Accessories Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Mobile Accessories Market Size and Volume Forecast by Types
8.4.1. Headphone
8.4.2. Charger
8.4.3. Power bank
8.4.4. Protective case
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Mobile Accessories Demand Share Forecast, 2019-2026
9. Europe Mobile Accessories Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Mobile Accessories Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Mobile Accessories Market Size and Volume Forecast by Types
9.4.1. Headphone
9.4.2. Charger
9.4.3. Power bank
9.4.4. Protective case
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Mobile Accessories Demand Share Forecast, 2019-2026
10. Asia Pacific Mobile Accessories Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Mobile Accessories Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Mobile Accessories Market Size and Volume Forecast by Types
10.4.1. Headphone
10.4.2. Charger
10.4.3. Power bank
10.4.4. Protective case
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Mobile Accessories Demand Share Forecast, 2019-2026
11. Middle East & Africa Mobile Accessories Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Mobile Accessories Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Mobile Accessories Market Size and Volume Forecast by Types
11.4.1. Headphone
11.4.2. Charger
11.4.3. Power bank
11.4.4. Protective case
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Mobile Accessories Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Mobile Accessories Market: Market Share Analysis
12.2. Mobile Accessories Distributors and Customers
12.3. Mobile Accessories Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Samsung
12.4.2. Google
12.4.3. Harman International Inc.
12.4.4. Apple
12.4.5. Aukey
12.4.6. Belkin International Co.
12.4.7. Anket Powercore
12.4.8. UE Boom
12.4.9. Groovemade Walnut