DataCube Research offers market analysis, trends, future outlook, market size, and forecast for the research study titled “Latin America Mobile Phone Accessories Market: Industry Analysis, Size, and Forecast, 2019-2031"
The Latin America mobile phone accessories market has been classified based on distribution channel, price range, product category, and country. Based on product type, the Latin America mobile phone accessories market has been segmented into protective case, power bank, memory card, portable speaker, battery, charger, headphone/ earphone, and other accessories. The portable speaker and power bank segments are projected expand at the first and second highest CAGRs during the forecast period.
Browse Full Report: Latin America Mobile Phone Accessories Market | Analysis 2019-2031
Based on distribution channel the Latin America mobile phone accessories market has been segmented into multi-brand store, single brand store, and online store. For in-depth analysis, DataCube Research has sub-segmented the multi-brand store segment into organized and independent stores. Among distribution channels, the online store segment revenue is anticipated to expand at the highest CAGR during the forecast period, followed by single brand store.
By price range, the market has been analysed based on premium-price, mid-price, and low-price mobile phone accessories segments. In terms of revenue, the premium-price segment is projected to increase by XX by 2031 over 2021 owing to shift in consumer preference from low-price products to premium-price products.
Increasing uptake of attractive mobile phone accessories especially in millennial populations is rising the demand for trendy mobile phone accessories in the region. Further, growing online retailing and declining prices of mobile phone accessories are contributing to the growth of Latin America mobile phone accessories market to a large extent. However, lack of standardization and availability of counterfeit mobile phone accessories are projected to impede the Latin America mobile phone accessories market growth.
The Latin America mobile phone accessories market report offers detailed analysis and insights on the growth potential of the market and covers trends, various driving factors, and restraints that can affect the market growth in the region.
By country, the Latin America mobile phone accessories market has been segmented into Brazil, Mexico, and rest of Latin America. In 2021, the Brazil mobile phone accessories market is projected to expand around XX% CAGR during the forecast period.
Latin America Mobile Phone Accessories Market Competition Analysis
Major players analysed in the Latin America mobile phone accessories market are Beats (Apple Inc.), Sony Corporation, Sennheiser Electronics GmbH & Co. KG, Griffin Technology, Samsung Electronics Co. Ltd., BYD Inc., Energizer, Panasonic Corporation, Bose Corporation, Otterbox, Plantronics Pty Ltd. and JVC Corporation.