DataCube Research offers market analysis, trends, future outlook, market size, and forecast for the research study titled “Asia Pacific (APAC) Mobile Phone Accessories Market: Industry Analysis, Size, and Forecast, 2019-2031"

Segment Analysis

The Asia Pacific mobile phone accessories market has been classified on the basis of product type, price range, distribution channel, and country. Based on product type, the Asia Pacific mobile phone accessories market has been segmented into battery, charger, power bank, protective case, portable speaker, headphone/ earphone, memory card, and other accessories. The protective case segment dominated the Asia Pacific mobile phone accessories market and accounted for over XX% market share in 2021, and is projected to expand at a considerable CAGR similar to that expected for the Asia Pacific mobile phone accessories market over the forecast period. Protective cases have gained popularity as a fashion accessory. Prominent players are focused towards introducing trendy protective cases to cater the need of fashion conscious consumers. Moreover, increase in number of multi-brand stores to provide easy accessibility for mobile phone accessories is boosting the segment growth in the region.

Distribution channel includes single brand store, online store, and multi-brand store segments. The multi-brand segment is further analysed based on organized stores and independent stores. Among these segments, the online store segment is projected to expand at the highest CAGR during the forecast period between 2022 and 2031 owing to rise in popularity of ecommerce websites. Also, online retailer in the region follow effective marketing and pricing strategies to attract customers.

By price range, the Asia Pacific mobile phone accessories market has been segmented into premium-price, mid-price, and low-price segments. Among price ranges, the premium-price segment is projected to grow at the highest CAGR during the forecast period owing increase in adoption of high price mobile phone accessories among end users.

Browse Full Report: Asia Pacific Mobile Phone Accessories Market | Analysis 2019-2031

Market Scenario

Rise in penetration of mobile devices is accelerating the demand for mobile phone accessories especially power banks, headphones and chargers. Further, rising disposable income, and expanding youth population are some of the major factors that are accelerating the growth of the Asia Pacific mobile phone accessories market. In contrast, threat of counterfeit products and lack of standardization are some of the factors that are projected to impede growth of the mobile phone accessories market in Asia Pacific over forecast period.

The Asia Pacific mobile phone accessories market report offers detailed analysis and insights on the growth potential of the market and covers qualitative and quantitative factors affecting the market growth in the region.

Country Outlook

The Asia Pacific mobile phone accessories market report covers major countries such as China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific. In 2021, China mobile phone accessories market represented over XX% share of overall Asia Pacific mobile phone accessories market. Also, China is projected to continue its dominance throughout the forecast period. This is mainly attributed to presence of a large young population and falling prices of mobile phone accessories in the region.

Asia Pacific Mobile Phone Accessories Market Competition Analysis

Strong presence of large number of players providing trendy mobile phone accessories has created stiff competition in the Asia Pacific mobile phone accessories market. Moreover, major players are aimed at introducing wireless chargers and trendy headphones to create product differentiation and expand their competitive presence. Key players identified in the Asia Pacific mobile phone accessories market are Sennheiser Electronics GmbH & Co. KG, Beats (Apple Inc.), Samsung Electronics Co. Ltd., Panasonic Corporation, Sony Corporation, Energizer, Plantronics Pty Ltd., BYD Inc., JVC Corporation, Griffin Technology, Otterbox, and Bose Corporation.