Asia-Pacific Mobile Accessories Market Outlook, 2029
The Asia-Pacific Mobile Accessories Market is segmented into By Product Type (Headphone/Earphone, Screen guard, Charger, Power Bank, Protective Case, Portable Speaker, others) and By Distribution Channel (Offline and Online).
- Bonafide Research
- 31-03-2024
- Pages : 86
- Figures : 14
- Tables : 19
- Region : Asia-Pacific
- Category : IT & Telecommunications
- IT Products & Services
The Asia-Pacific Mobile Phone Accessories market is to grow with 6% CAGR from 2024 to 2029 due to growing consumer preference for convenience.
- Historical Period2018-2023
- Base Year2023
- Forecast Period2024-2029
- CAGR (2023-2029) 6%
- Largest MarketChina
- Fastest Market Australia
- Format
Featured Companies
- 1. Samsung Corporation Limited
- 2. Sony Corporation
- 3. Koninklijke Philips
- 4. Lenovo Group Limited
- 5. Huawei Technologies Co.Ltd
- 6. Apple, Inc
- More...
Mobile Accessories Market Market Analysis
The Asia-Pacific region is a global technological powerhouse, pushing innovation, acceptance, and growth across a wide range of sectors. Within this dynamic context, the mobile phone accessories market emerges as a thriving and fast-evolving sector, fueled by technical breakthroughs, shifting consumer preferences, and the region's economic strength. The Asia-Pacific region has a diversified and vibrant mobile phone accessory market that spans multiple countries, cultures, and economics. Consumers in Asia-Pacific have diverse preferences, demands, and habits when it comes to mobile accessories, ranging from tech-savvy urban centers to isolated rural locations. This diversity drives industrial innovation and rivalry as companies struggle to meet the varied demands of the region's many markets. Asia-Pacific is recognized for its quick speed of technological innovation and adoption, driving advancements in mobile phone accessories. From cutting-edge wireless charging technology to innovative smart accessories, the region leads the way in developing and commercializing new products that enhance the functionality, convenience, and aesthetic appeal of mobile devices. Tech hubs such as Shenzhen, Seoul, Tokyo, and Bangalore serve as epicentres of innovation, fostering collaboration, entrepreneurship, and breakthrough discoveries in mobile accessory technology. Strategic alliances and cooperation are critical to the success of mobile phone accessory firms operating in Asia-Pacific. Collaborations among technology businesses, mobile phone makers, and accessory brands enable innovation, cross-promotion, and market expansion. Joint ventures, licensing agreements, and distribution partnerships allow businesses to harness one another's skills and resources, resulting in increased growth and competitiveness in the dynamic Asia-Pacific market. Government actions and regulations significantly influence the regulatory framework and market dynamics of the Asia-Pacific mobile phone accessories business. Supportive policies that encourage innovation, R&D, and investment in technology infrastructure boost sector growth and competitiveness. Furthermore, regulations controlling product safety, intellectual property rights, and consumer protection safeguard the integrity and dependability of mobile accessories on the market, fostering consumer trust and confidence. According to the research report "Asia-Pacific Mobile Phone Accessories Market Outlook, 2029," published by Bonafide Research, the Asia-Pacific Mobile Phone Accessories market is predicted to grow with more than 6% CAGR from 2024 to 2029. The region is a manufacturing powerhouse for mobile phone accessories, accounting for a sizable percentage of the global supply. Countries such as China and Taiwan have created extensive manufacturing infrastructure and supply chains, allowing for efficient large-scale accessory production. This manufacturing prowess not only meets domestic demand but also serves global markets by selling accessories to brands and stores all over the world. Asia-Pacific is quick to adopt new technologies and trends in mobile phone accessories, which fuels market growth and innovation. Wireless charging, fast charging, biometric authentication, and augmented reality (AR) accessories are among the most widely used technologies in the region. Early adoption of these technologies by Asian customers paves the way for their global acceptability and incorporation into mainstream accessory products. Asia-Pacific is known for its mobile-first society, in which smartphones are the key devices for communication, entertainment, and business. This dependency on smartphones generates a huge demand for accessories that improve the usefulness, protection, and aesthetics of mobile devices. Mobile phone accessories are viewed not just as functional necessities but also as fashion statements and status symbols, which drives consumer spending in the region. Asia-Pacific is at the forefront of cutting-edge wearable technology developments, such as smartwatches, fitness trackers, and augmented reality glasses. Countries such as South Korea and Japan are known for taking a creative approach to wearable devices, teaming with mobile phone accessory makers to produce integrated solutions that complement smartphones and improve user experiences.
Click Here to Download this information in a PDF
What's Inside a Bonafide Research`s industry report?
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleMarket Dynamic
Major Drivers Rapid smartphone penetration and adoption: The increasing penetration and widespread acceptance of smartphones across the region is a key driver of the Asia-Pacific mobile phone accessories market. Asia-Pacific countries with large and diverse populations, such as China, India, and Indonesia, have seen an exponential rise in smartphone ownership, owing to reasons such as lower device pricing, improved network infrastructure, and more digital literacy. As more people buy smartphones, the demand for accompanying accessories like cases, screen protectors, chargers, and headphones naturally develops, resulting in a lucrative market for mobile phone accessories in the area. Youthful demographics and tech-savvy consumers: Asia-Pacific has a young population comprised of tech-savvy consumers who are early adopters of new technology and trends. Demand for mobile phone accessories is driven by younger generations, particularly millennials and Generation Z, who want products that match their lifestyle, interests, and goals. With a strong affinity for technology and digital experiences, these consumers drive market growth by obsessing over the latest accessories, influencing purchasing decisions across the area. Major Challenges Intense competition and price sensitivity: The Asia-Pacific mobile phone accessories industry is characterized by fierce competition between domestic and foreign brands, resulting in price sensitivity among consumers. With so many firms vying for market share and offering identical items, price becomes an important component in purchase decisions. Manufacturers frequently participate in price wars and aggressive marketing efforts to acquire customers, resulting in reduced profit margins and pricing pressures. In order to remain competitive, businesses must focus on differentiating their products through innovation, quality, and value-added features while also reducing production costs to keep prices affordable for price-conscious customers.
Mobile Accessories Market Segmentation
| By Product Type | Headphone/Earphone | |
| Screen guard | ||
| Charger | ||
| Power Bank | ||
| Protective Case | ||
| Portable Speaker | ||
| others | ||
| By Distribution Channel | Offline | |
| Online | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
Based on product segment market is segmented into headphone/earphone, screen guard, charger, power bank, protective case, portable speaker and others. Among them Screen guard product type is expected to lead the Asia-Pacific mobile phone accessories market. Based on distribution channel segment market includes offline and online. Offline distribution channel is expected to remain major distribution channel for mobile phone accessories in Asia-Pacific. The Asia-Pacific region has a rapidly developing smartphone market, with millions of new handsets sold and activated every year. With increased smartphone adoption, there is a greater need to safeguard these costly devices from scratches, cracks, and other sorts of damage. Screen guards are an affordable alternative for protecting smartphone screens, making them an essential item for smartphone users around the region. As smartphone ownership grows in the Asia-Pacific area, people are becoming more aware of the value of screen protection. Screen guards serve as a protective barrier, shielding smartphones sensitive glass screens from scratches, fingerprints, dust, and minor accidents. With rising awareness of the possible consequences of not employing screen protection, more consumers are actively investing in screen guards to prolong the lifespan of their devices and maintain their resale value. Offline retail channels, such as brick-and-mortar stores, electronics merchants, department stores, and specialty mobile accessory shops, are well-established throughout Asia-Pacific. These physical retail establishments provide convenient locations for consumers to browse and purchase mobile phone accessories, providing a tactile shopping experience that online channels cannot match. Consumers may see, touch, and try out things before making a purchase, increasing their confidence and pleasure with their purchasing selections. In the Asia-Pacific area, people frequently place more faith and trustworthiness in offline retail channels. Physical storefronts establish a tangible presence in the neighbourhood, establishing trust and familiarity among local customers. Furthermore, established retail brands and chains are seen as credible suppliers of authentic products, offering assurance of quality, authenticity, and after-sales support. This trust factor is particularly important for mobile phone accessories, where counterfeit and unauthorized products are prevalent in some markets.
Click Here to Download this information in a PDF
Mobile Accessories Market Market Regional Insights
Based on report market includes five major countries China, Japan, India, Australia and South Korea. India is expected to play key role in Asia-Pacific mobile phone accessories market. India is one of the world's fastest-growing smartphone markets, with a vast and increasingly tech-savvy populace. As smartphone penetration grows, driven by factors such as lower device pricing, increased mobile internet connectivity, and government efforts such as Digital India, demand for mobile phone accessories is likely to rise. With millions of new smartphone users joining the market each year, India offers a tremendous opportunity for mobile accessory producers and merchants. India's growing middle class and rising disposable income levels drive up consumer expenditure on discretionary items such as mobile phone accessories. As more people upgrade to smartphones and want to personalize and protect their devices, the need for accessories, including cases, screen protectors, chargers, and headphones, is likely to increase. The expanding middle class represents a lucrative customer base for mobile accessory brands looking to capitalize on India's market potential. The proliferation of smartphones, ubiquitous internet access, and the growing popularity of online shopping platforms are all contributing to India's e-commerce boom. E-commerce behemoths such as Flipkart, and Amazon, provide a diverse choice of mobile phone accessories, giving consumers easy access to products from both domestic and international names. The ease, affordability, and diverse product selection provided by online channels are driving the expansion of India's mobile accessories industry, making it an appealing market for manufacturers and retailers. India is growing as a manufacturing hub for mobile phone accessories, thanks to efforts like the Make in India program, which promotes domestic production while attracting foreign investment. With favorable government policies, incentives, and infrastructural development, numerous international and domestic companies are setting up manufacturing facilities in India to produce mobile accessories for both domestic and export markets.
Click Here to Download this information in a PDF
Key Development
Companies Mentioned
- Samsung Corporation Limited
- Sony Corporation
- Koninklijke Philips
- Lenovo Group Limited
- Huawei Technologies Co.Ltd
- Apple, Inc
- Xiaomi Corporation
- GN Store Nord A/S
- ASUSTeK Computer Inc
- The Hewlett-Packard Company
- Anker Innovations Co., Ltd
- Logitech International S.A.
Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Mobile Phone Accessories Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Product
- 5.4. Market Size and Forecast, By Distribution Channel
- 6. Asia-Pacific Mobile Phone Accessories Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Product
- 6.4. Market Size and Forecast, By Distribution Channel
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.3.1. XXXX
- 7.3.2. XXXX
- 7.3.3. XXXX
- 7.3.4. XXXX
- 7.3.5. XXXX
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. China Mobile Phone Accessories Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Product
- 7.8.3. Market Size and Forecast By Distribution Channel
- 7.9. Japan Mobile Phone Accessories Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Product
- 7.9.3. Market Size and Forecast By Distribution Channel
- 7.10. India Mobile Phone Accessories Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Product
- 7.10.3. Market Size and Forecast By Distribution Channel
- 7.11. Australia Mobile Phone Accessories Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Product
- 7.11.3. Market Size and Forecast By Distribution Channel
- 7.12. South Korea Mobile Phone Accessories Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Product
- 7.12.3. Market Size and Forecast By Distribution Channel
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. Xiaomi Corporation
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. Apple Inc
- 8.5.3. Huawei Technologies Co., Ltd.
- 8.5.4. Sony Group Corporation
- 8.5.5. Anker Innovations Co., Ltd
- 8.5.6. GN Store Nord A/S
- 8.5.7. Logitech International S.A.
- 8.5.8. Samsung Electronics Co., Ltd
- 8.5.9. The Hewlett-Packard Company
- 8.5.10. Koninklijke Philips N.V.
- 8.5.11. ASUSTeK Computer Inc
- 8.5.12. Lenovo Group Limited
- 8.5.13. Panasonic Holdings Corporation
- 8.5.14. Syska LED Lights
- 8.5.15. Intex Technologies (India) Ltd.
- 8.5.16. JVCKenwood Corporation
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Mobile Phone Accessories Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 6: Global Mobile Phone Accessories Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 7: Asia-Pacific Mobile Phone Accessories Market Size and Forecast, By Product (2018 to 2029F) (In USD Billion)
Table 8: Asia-Pacific Mobile Phone Accessories Market Size and Forecast, By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 9: Influencing Factors for Mobile Phone Accessories Market, 2023
Table 10: China Mobile Phone Accessories Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 11: China Mobile Phone Accessories Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 12: Japan Mobile Phone Accessories Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 13: Japan Mobile Phone Accessories Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 14: India Mobile Phone Accessories Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 15: India Mobile Phone Accessories Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 16: Australia Mobile Phone Accessories Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 17: Australia Mobile Phone Accessories Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Table 18: South Korea Mobile Phone Accessories Market Size and Forecast By Product (2018 to 2029F) (In USD Billion)
Table 19: South Korea Mobile Phone Accessories Market Size and Forecast By Distribution Channel (2018 to 2029F) (In USD Billion)
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Mobile Phone Accessories Market Share By Region (2023)
Figure 6: Asia-Pacific Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: Asia-Pacific Mobile Phone Accessories Market Share By Country (2023)
Figure 8: China Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Japan Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: India Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Australia Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: South Korea Mobile Phone Accessories Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2023
Figure 14: Porter's Five Forces of Global Mobile Phone Accessories Market
Mobile Accessories Market Market Research FAQs
Related Reports
Allows one individual to access the purchased report Read More
Allows up to five individuals to access the purchased report Read More
Allows all employees of an organization to access the purchased report. Internal sharing only Read More
Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral Read More
Safe and Secure SSL Encrypted
Quick Contacts
Want to customize this report?
We offer 100% Free Customization at the time of purchase
Get Free Customization
Trusted Partners
Budget constraints? Get in touch with us for special pricing
Request DiscountOrder Detail
- Order Placed (16 May, 2024)
- Notify To Team (16 May, 2024)
- Report updation (17 May, 2024)
- Report Quality Check (17 May, 2024)
- Report Dispatch (18 May, 2024)
- Hard Copy
Recently Viewed Products
Asia-Pacific Mobile Accessories Market Outlook, 2029
We are friendly and approachable, give us a call.