Mobile Phone Cases and Covers Market Overview
The global mobile phone cases & covers market is highly dependent upon the sales of smartphones across the world, which have showcased favorable signs during the last two quarters of 2019.
As per FMI, this trend will see a range of ebbs and flows as the consumer refresh rate for mobile phones obtains its new balance point. Further decline in the average selling prices (ASP) of smartphones over the last several years has spurred their sales, and, as such, has steered the mobile phone accessories industry.FMI, in its upcoming business report, elaborates the historical and current scenario of the global Mobile Phone Cases and Coversmarket in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
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Crucial information and forecast statistics covered in the Mobile Phone Cases and Coversmarket report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Mobile Phone Cases and CoversMarket
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Mobile Phone Cases and Coversmarket is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Mobile Phone Cases and Coversmarket have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Mobile Phone Cases and Coversmarket. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Mobile Phone Cases and Covers Market – Competitive Landscape
The global mobile phone cases and covers market is majorly fragmented, with the existence of several unorganized and local participants. Additionally, several new participants are projected to come in the worldwide market to leverage remarkable development prospects.
ZAGG Intellectual Property Holding Co. Inc.
MOKO
Otterbox
Incipio LLC
Belkin International Inc.
Amzer, Samsung Electronics
XtremeGuard
Shenzhen Ipaky Electronic Co. Ltd.
Griffin technology.
Market players are focusing on various strategic activities including, product innovation, mergers & acquisitions (M&A), and capacity expansions.
Mobile Phone Cases and Covers Market – Segment Analysis
The global market is categorized on the following basis:
By Material
Leather
Plastic
Silicone Cases
By Product Type
Pouches & sleeves
Flip cases
Cases & skins
By Distribution channel
Online stores
Multi brand store
Single brand store
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