Mobile Phone Accessories Market

Global Mobile Phone Accessories Market:

The global mobile phone accessories market size reached USD 94.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 142.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.63% during 2025-2033. The increasing demand for customization and personalization, along with the expanding e-commerce industry, is propelling the market.

Mobile Phone Accessories Market Analysis:

• Major Market Drivers: The rising penetration of smartphones across the globe is fueling the market growth.
• Key Market Trends: The growing number of e-commerce platforms that provide consumers with easy access to a wide variety of enhanced product variants is acting as a significant growth-inducing factor.
• Competitive Landscape: Some of the prominent companies in the global market include Apple Inc., Bose Corporation, Energizer Holdings Inc., JVCKENWOOD Corporation, Kingston Technology Corporation, Panasonic Corporation, Plantronics Inc., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, Sony Corporation, Western Digital Corporation, and Xiaomi Inc., among many others.
• Geographical Trends: The expanding tech-savvy culture, coupled with the inflating levels of disposable income of individuals, are contributing to the market in Asia Pacific.
• Challenges and Opportunities: One of the challenges hindering the market is the obsolescence of products due to fast-paced technological advancements. However, the design of versatile and adaptable accessories will continue to fuel the market in the coming years.
   

Mobile Phone Accessories Market Trends:

Rising Demand for Sustainable Alternatives

Leading manufacturers are developing accessories made from biodegradable components, recycled materials, sustainable packaging, etc. Brands like Nimble, which offers eco-friendly chargers, and Pela Case, known for their compostable phone cases, are leading this green revolution. In July 2024, Onsitego, one of the smartphone care experts, announced the pan-India launch of its mobile phone accessories brand, Juice, with an improved focus on sustainability. This, in turn, is elevating the mobile phone accessories market demand.

Growing Popularity of Personalization

Consumers increasingly seek customization that reflects their individual preferences and styles. Consequently, brands are offering a wide range of customizable options, from personalized phone cases with unique designs and monograms to modular accessories that can be specifically tailored to specific needs. In June 2024, Samsung developed new smartphone accessories that are designed with the special colors of the Paris 2024 Olympic Games in mind. This represents a mobile phone accessories business opportunity.

Smart Technology Integration

Fitness trackers, smartwatches, and smart speakers are becoming increasingly popular, which is inflating the growth of the market. For example, Fitbit devices and the Apple Watch provide notifications, monitor health metrics, even support contactless payments, etc. These smart accessories further seamlessly integrate with mobile phones, thereby creating an ecosystem that improves health management and monitors health metrics. This is strengthening the mobile phone accessories market outlook.

Global Mobile Phone Accessories Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with the mobile phone accessories market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the product type, price range, and distribution channel.

Breakup by Product Type:

• Headphone/Earphone
• Portable Speaker
• Charger
• Memory Card
• Power Bank
• Protective Case
• Screen Guards
• Popsockets
• Others
   

Headphone/earphone dominates the mobile phone accessories market share

The report has provided a detailed breakup and analysis of the market based on the product type. This includes headphone/earphone, portable speaker, charger, memory card, power bank, protective case, screen guards, popsockets, and others. According to the report, headphone/earphone represented the largest market segmentation. 

The increasing demand for high-quality audio experiences is augmenting the segment. Sony's WF-1000XM4 illustrates this trend by offering advanced features like improved battery life, noise cancellation, seamless connectivity, etc. This is bolstering the mobile phone accessories market statistics across the segmentation.

Breakup by Price Range:

• Premium
• Mid
• Low
   

The report has provided a detailed breakup and analysis of the market based on the price range. This includes premium, mid, and low.

Premium accessories target consumers seeking high-end features. In contrast, mid-range accessories offer a balanced quality. Besides this, low-range accessories cater to price-sensitive individuals looking for essential functionality.

Breakup by Distribution Channel:

• Online
• Offline
   

Offline currently holds most of the total mobile phone accessories market revenue

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes offline and online. According to the report, offline represented the largest market segmentation.

Offline channels like Best Buy provide a tactile environment where customers can try out products before buying. This, in turn, is propelling the segment's growth.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Asia Pacific exhibits a clear dominance in the market

The mobile phone accessories market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others); Latin America (Brazil, Mexico, and Others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The easy availability of smartphones, along with the rising number of customization options, is bolstering the regional market. As per the IMARC, the India smartphone market size is expected to exhibit a growth rate (CAGR) of 4.86% during 2024-2032.

Competitive Landscape:

Mobile phone accessories manufacturers engage in strategic partnerships to ensure compatibility and enhance user experiences. By closely aligning with smartphone brands, key players can produce accessories that perfectly complement new device models and leverage the brand's marketing reach.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market mobile phone accessories companies have also been provided. Some of the key players in the market include:

• Apple Inc.
• Bose Corporation
• Energizer Holdings Inc.
• JVCKENWOOD Corporation
• Kingston Technology Corporation
• Panasonic Corporation
• Plantronics Inc.
• Samsung Electronics Co. Ltd.
• Sennheiser electronic GmbH & Co. KG
• Sony Corporation
• Western Digital Corporation
• Xiaomi Inc.
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Mobile Phone Accessories Market Recent Developments:

• July 2024: Onsitego, one of the smartphone care experts, announced the pan-India launch of its mobile phone accessories brand, Juice.
• July 2024: Nothing’s sub-brand CMF introduced its first smartphone, the CMF Phone 1, featuring an easy-to-replace back panel held together by stainless steel screws.
• June 2024: Samsung developed new smartphone accessories that are designed with the special colors of the Paris 2024 Olympic Games in mind.

Mobile Phone Accessories Market Report Scope:

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the mobile phone accessories market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global mobile phone accessories market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the mobile phone accessories industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.