Mobile Phone Accessories Market Size, Growth Factors, Top Leaders, Trends, Analysis, Competitive Landscape and Regional Forecast 2032
The mobile phone accessories market is anticipated to be worth $86.6 billion in 2021. The market is anticipated to grow at a CAGR of 6.7 percent through 2031 and reach US$ 166 billion.
The United States continues to account for 78 percent of total sales in North America. While China will continue to be the region’s largest market, South Korea and Japan’s demand are anticipated to grow quickly.
According to the report, the key accessories available in the mobile phone accessories market consist of a case for protection, headphones or earphones, a charger, a battery, a memory card, a power bank, a portable speaker, and “others”.
Among these products, demand for protective cases is most robust currently, with this segment accounting for one-fifth of the overall market in 2021. FMI expects demand for protective cases to remain strong during the forecast period 2021-2025.
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