Mobile Phone Accessories Market to Increase at Steady Growth Rate

Press Release

In 2029, the Mobile Phone Accessories market is spectated to surpass ~US$ xx Mn/Bn with a CAGR of xx% over the forecast period. The Mobile Phone Accessories market clicked a value of ~US$ xx Mn/Bn in 2018. Region is expected to account for a significant market share, where the Mobile Phone Accessories market size is projected to inflate with a CAGR of xx% during the forecast period.

In the Mobile Phone Accessories market research study, 2018 is considered as the base year, and 2019-2029 is considered as the forecast period to predict the market size. Important regions emphasized in the report include region 1 (country 1, country2), region 2 (country 1, country2), and region 3 (country 1, country2).

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Global Mobile Phone Accessories market report on the basis of market players

The report examines each Mobile Phone Accessories market player according to its market share, production footprint, and growth rate. SWOT analysis of the players (strengths, weaknesses, opportunities and threats) has been covered in this report. Further, the Mobile Phone Accessories market study depicts the recent launches, agreements, R&D projects, and business strategies of the market players including

Market forecast

The Africa mobile phone accessories market is segmented on the basis of – Type (Power banks, Batteries, Chargers, Protective Cases, Headphones & Earphones, Portable Speakers, Memory Cards, Other Accessories); Price (Low, Mid, Premium); and Distribution Channel (Multi-brand store, Single brand store, Online store). The Batteries segment type was valued at US$ 228.8 Mn in 2015 and is expected to register a CAGR of 5.7% to reach US$ 418.2 Mn by 2026. The Multi-brand store segment dominates the distribution channel segment owing to the fact that consumers are offered a variety of options and brands under one roof.

Among the different types of mobile phone accessories, the protective cases segment is estimated to account for a maximum market revenue share by 2026, owing to the fact that it helps protect the phone and is also a style statement. Demand for power banks is estimated to witness the highest growth rate by 2016, owing to the frequent power cuts that take place in some parts of Africa. In the price segment, the mid-priced accessories segment is estimated to increase at the highest growth rate during the forecast period, followed by low-priced accessories. Mid-priced accessories are affordable and are of a better quality with a longer life, hence consumers are likely to spend on mid-priced accessories than low-priced ones.

Of the chief regions in Africa (East Africa, West Africa, South Africa, and Rest of Africa), the Rest of Africa region is expected to be the largest revenue generator for mobile phone accessories by 2016, accounting for a revenue share of 44.1% by the end of 2016. The South Africa market segment in the Africa mobile phone accessories market was valued at US$ 595.5 Mn in 2015 and is expected to register a CAGR of 6.3% to reach US$ 1,157.2 Mn by 2026.

Some popular vendors such as Case-Mate, Muvit, and Mozo Accessories are focusing on innovative ways to expand their customer base and thereby consolidate their position in the Africa mobile phone accessories market. Mobile phone accessories vendors are introducing different varieties of mobile phone accessories that reflect the culture of consumers in Africa in order to increase the popularity of their products.

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The Mobile Phone Accessories market report answers the following queries:

  1. Why the demand for segment increasing in region?
  2. At what rate the Mobile Phone Accessories market is growing?
  3. What factors drive the growth of the global Mobile Phone Accessories market?
  4. Which market players currently dominate the global Mobile Phone Accessories market?
  5. What is the consumption trend of the Mobile Phone Accessories in region?

The Mobile Phone Accessories market report provides the below-mentioned information:

  • Breakdown data at the regional level as well as revenue and growth of the Mobile Phone Accessories in these regions.
  • Distribution channels, and consumption patterns, of the global Mobile Phone Accessories market.
  • Scrutinized data of the Mobile Phone Accessories on the basis of country, including market share and revenue of the important countries.
  • Critical analysis of every Mobile Phone Accessories market player, such as, collaborations, acquisitions, and product launches.
  • Trends influencing the Mobile Phone Accessories market growth, including ecological preservation, regulatory norms and R&D developments.

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Research Methodology of Mobile Phone Accessories Market Report

The global Mobile Phone Accessories market study covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). Both top-down and bottom-up approaches have been used to calculate and authenticate the market size of the Mobile Phone Accessories market, and predict the scenario of various sub-markets in the overall market. Primary and secondary research has been thoroughly performed to analyze the prominent players and their market share in the Mobile Phone Accessories market. Further, all the numbers, segmentation, and shares have been gathered using authentic primary and secondary sources.

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