Is there a market for phone cases?

Is there a market for phone cases?

b. The global mobile phone protective cover market size was estimated at USD 10.27 billion in 2019 and is expected to reach USD 10.91 billion in 2020….

Is there a demand for phone cases?

Presently, mobile phone protective cases are highly demanded by smartphone users all across the globe. The mobile phone protective cases market is majorly dependent upon the sale of smartphones all over the world. Over the next few years, the smartphone market is expected to expand at a robust CAGR.

How big is the phone case industry?

The global mobile phone protective cases market was valued at $ 3,183.6 million in 2018 and is projected to grow at a CAGR of 8.4% to reach 5,114.6 million by 2024, owing to the increasing number of smartphone and tablet users across the globe.

Is selling phone cases a good business?

A phone case business is a profitable way to make money online. The market for phone cases was worth $10 billion in 2020 and is expected to grow 7.5% each year until 2025, reaching $35.5 billion. You can find phone cases for as little as $5 on a dropshipping site like Oberlo and sell them for $10+—an easy 50% profit.

Do I need a phone case?

The short answer to your question is no. You do not really need a case for any smartphone. I have owned various smartphones for many years and have never used a case. Personally, I feel the outer shell the device already comes in is adequate.

How many phone cases are sold every year?

More than 1 billion plastic phone cases are sold every year, with new versions constantly being produced to keep up with updates to cell phone design.

How are phone cases made?

Cell phone cases are carefully designed and facilitated by a molding process. The injection molding process utilizes a ram or screw-type plunger to force molten plastic material into a mold cavity found in the mold base. This solidifies the shape of the cell phone case that is formed to the contour of the mold.

What is the value of the mobile phone market?

According to the Consumer Technology Sales and Forecast study, which was conducted by the Consumer Technology Association (CTA), the revenue generated by smartphones was valued at USD 77.5 billion in 2019, respectively. Due to the pandemic, CTA projected revenue to reach USD 71 billion a decline of 6% year-over-year.

How big is the cell phone accessory market?

$224.69 billion
The global mobile phone accessories market size was valued at $224.69 billion in 2018, and is projected to reach at $284.06 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026.

What’s the market for mobile phone cases and covers?

Global mobile phone cases and covers market is driven by the burgeoning demand for mobile phones all over the globe. High demand for mobile phones has also led to a boom for their cases and covers.

Who are the major players in the mobile phone case market?

Global mobile phone cases and cover market is highly fragmented with a lot of local manufacturers dominating the market. Key players of the global mobile phone cases and covers market are Griffin technology, Otterbox, Samsung Electronics, Amzer, and MOKO.

How big is the mobile phone market in India?

Studies reveal that smartphone shipments in India progressed at 4% y-o-y in Q1 of 2020. The global mobile phone cases and covers market is majorly fragmented, with the existence of several unorganized and local participants.

Which is the largest mobile phone market in the world?

The country boasts of being the world’s largest smartphone market, accounting for almost a third of shipments worldwide, with the country’s total smartphone shipment pegged at over 408.0 million units in 2018. This keeps the demand for protective covers at a high.