The global mobile cases and covers market is set to grow 1.7X at a healthy CAGR during the forecast period (2019 - 2029), as projected by a new report of Future Market Insights (FMI). With e-commerce offering a strong thrust to sales, manufacturers are investing in developing quality products from non-plastic materials to gain traction from millennial consumers.
"Manufacturers are focusing on fully compostable and eco-friendly materials for mobile covers, with phthalates, bisphenol A (BPA), cadmium, and lead. These materials are shaping the sales of mobile covers and cases recently," states the FMI report.
Mobile Cases and Covers Market - Key Takeaways
- Mobile covers remain the most lucrative category; demand for lightweight covers will gain prominence.
- Covers and cases made from plastic to provide remarkable revenue opportunities due to the high amount of production.
- Leather covers to witness significant demand among consumers owing to the increasing demand for non-plastic goods.
- Attributed by attractiveness, printed cases hold the majority of share in the print segment.
- With a significant presence of key players, North America will remain leading regional market for mobile cases and covers.
- North America and Europe collectively account for nearly half of the overall market value.
Mobile Cases and Covers Market - Key Growth Influencers
- Global anti-plastic drive is pushing raw material innovations, which is shaping sales of mobile cases and covers.
- Asian markets such as China, India, and Japan are metamorphosing into lucrative markets for mobile cases and covers manufacturers on the back of increasing production of smartphones, availability of raw materials, and cost-effective cases and covers.
Mobile Cases and Covers Market - Key Restraints
- Stringent regulations against the plastic goods are likely to challenge the growth if manufacturers delay in shifting to other raw materials.
- Lack of standard benchmark in the quality of cases and covers is hampering the quality of the products, which in turn is restraining the growth of the market.
Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/REP-GB-11136
Press Release Source: https://www.accesswire.com/582074/Sales-of-Mobile-Cases-and-Covers-to-Expand-17X-Through-2029-Biodegradable-Raw-Materials-Shaping-Consumer-Preferences-Says-a-New-FMI-Report
Explore Extensive Coverage of FMI's Packaging Landscape
- Liquid Capsule Filling Machines Market
- Medication Pouch Inspection Systems Market
- Deblistering Machines Market
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
No comments:
Post a Comment