Cases and Covers Market Size to Reach USD 42.47 Billion in 2030
The cases and covers market size was USD 22.83 Billion in 2021 and is expected to register a revenue CAGR of 7.2% over the forecast period, according to a latest report by Reports and Data. Stylish and fashionable cases and covers are generating a number of opportunities for the cases and covers market. A large number of the Gen Z population is following social media trends and is attracted to buying aesthetic cases and covers, which are consists of several design types such as quotes, floral, glittery, favorite personalities, selfies, and music preferences. These consumer trends are making opportunities for the cases and covers market, as well as several direct to consumer (DTC) brands, are raising funds to promote their products through social media and e-commerce platforms, which is expected to drive demand for cases and covers during the forecast period. Moreover, leading market leaders of smartphone companies such as Apple, Samsung, Xiaomi, and Oneplus are cross selling cases and covers with smartphones, which is further supporting demand for cases and covers. Additionally, digital wallet transactions are becoming mainstream for making seamless payments nowadays. Many companies are launching smart wallet mobile cases to facilitate frictionless payment at the point of sale (POS) terminals, Apple, which is an American multinational technology corporation, has launched MagSafe cases and covers to keep personal ID and credit cards close to hand. These factors are expected to drive demand during the forecast period.
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The global Cases and Covers Market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 pandemic. Rapid revenue growth is attributed to factors such as rising disposable income, improvements in standard of living, and increasing preference for organic food and plant based food products. Moreover, rising health conscious population, increasing preference for online shopping and doorstep deliveries and growing inclination of veganism in several countries across the globe and increasing focus on developing novel products to cater to consumer demand are other factors expected to support market growth going ahead.
The research report offers details about leading companies in the global Cases and Covers Market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market
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- Spigen, Inc.
- Urban Armor Gear, LLC
- Evutec Corp
- Logitech International S.A.
- Krusell International
- Otter Products LLC
- Vinci Brands LLC
- Belkin International, Inc.
- iPaky Inc
The report also sheds light on the market segmentation based on type, application and region:
Cases and Covers Market Segmentation based on Product Types:
- Thermoplastic polyurethanes (TPU) cases
- Silicone cases
- Hybrid cases
- Rugged cases
- Clear cases
- Magnetic flip cover
- Leather cases
Cases and Covers Market Segmentation based on Application Type:
- Digital single-lens reflex (DSLR)
- Action cameras
Cases and Covers Market Segmentation based on Distribution Channel:
Cases and Covers Market Segmentation based on Application:
Cases and Covers Market Segmentation based on End-use:
Cases and Covers Market Segmentation based on Regions:
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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