Global Phone Grips
Market Report
2024
The Global Phone Grips market is valued at USD 822.1 million in 2023 and wll grow at a CAGR of 8.5% between 2023 and 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Phone Grips market is valued at USD 822.1 million in 2023 and wll grow at a CAGR of 8.5% between 2023 and 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Phone Grips Market Sales Revenue 2023 | $ 822.1 Million |
Global Phone Grips Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.5% |
Market Split by Type |
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Market Split by Application |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Phone Grips Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The phone grips market, driven by the widespread adoption of smartphones, has witnessed substantial growth, offering users enhanced device handling, comfort, and protection. These accessories, attached to the back of mobile devices, not only provide secure grips to prevent accidental drops but also serve as versatile stands for hands-free viewing. With customization options and branding opportunities, phone grips have appealed to a diverse consumer base, particularly the youth and trend-driven market.
Leveraging the remarkable growth trajectory observed in the global phone grips market, the leading players capitalized on this opportunity effectively.
For instance, on September 21, 2022, PopSockets, known for its expandable phone grips and lifestyle accessories, introduced a key development known as "The Future is Plant Based." This multi-year initiative is designed to harness the potential of plant-based solutions to tackle climate change and address social inequality through innovative product offerings and social impact initiatives.
The widespread adoption of smartphones has brought ergonomic considerations and user comfort to the forefront. As extended smartphone use becomes the standard, there's a growing emphasis on ensuring ergonomic well-being. Phone Grips have emerged as a solution, offering a secure and ergonomic means to hold and interact with smartphones, alleviating strain on fingers and wrists. This heightened awareness of the ergonomic advantages provided by Phone Grips is fueling their popularity. Professionals and gamers, who heavily rely on smartphones for work and leisure, are particularly attuned to these benefits. As consumers become increasingly health-conscious and tech-savvy, Phone Grips are fulfilling a vital role in enhancing user comfort and convenience.
The phone grips market is propelled by the ongoing global proliferation of smartphones. As smartphones become indispensable tools for communication, entertainment, and work, the necessity for Phone Grips to improve grip, avert accidental drops, and provide ergonomic comfort becomes ever more evident. This demand is further magnified by the expanding user base of smartphones, particularly among younger demographics. Consequently, there is a sustained appetite for inventive and stylish Phone Grips that cater to a wide range of preferences and accommodate various phone models. The market's growth is intrinsically linked to the evolving needs of smartphone users in an increasingly mobile-centric world.
The Phone Grips market exhibits a high level of competitiveness, characterized by a multitude of brands and manufacturers presenting a diverse array of offerings. This fierce rivalry frequently results in the emergence of imitations and the proliferation of subpar, counterfeit, or unbranded Phone Grips within the market. These substandard products have the potential to erode consumer confidence and satisfaction, posing a threat to the reputation of well-established brands. Moreover, it becomes increasingly demanding for innovative and distinctive designs to distinguish themselves in the midst of a plethora of similar alternatives. This competitive landscape presents a formidable challenge for companies striving to set themselves apart and maintain the authenticity of their brand, all while contending with imitations that may undercut their pricing and market presence.
The convergence of two significant global events, the COVID-19 pandemic and the Russia-Ukraine conflict, has exerted a profound and enduring influence on the Phone Grips market. These extraordinary circumstances have ushered in intricate transformations, reshaping the trajectory of this market in unforeseen manners. With the emergence of the COVID-19 pandemic, it instigated seismic shifts in consumer behavior and business operations. Lockdowns, travel constraints, and the adoption of remote work as the new standard prompted businesses to pivot towards digital platforms.
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The Phone Grips Market is marked by numerous major players competing for market dominance by employing strategic initiatives, technological advancements, and expanding their range of products.
August 2021: Spigen has released a new line of accessories for Samsung's Galaxy Z Fold3 and Flip3, informed by insights from Samsung's official accessory partnership program. The collection coincided with the Unpacked event and includes options for Galaxy Watch4 and Galaxy Buds2.
Many 2023: The renowned consumer technology brand iOttie unveiled the expansion of its Velox Series of iPhone accessories. These latest additions, including the Velox Wireless Dash & Windshield Mount, the Velox Magnetic Flush Mount, and the Velox Wireless Duo Stand, set a new standard in style and technology, specifically designed for MagSafe compatible iPhones. Starting from April 26, 2022, customers can purchase these innovative products directly from iOttie.com, and they will also become available on Amazon in May.
(Source:www.iottie.com/wp-content/uploads/2022/04/extended-velox-series-press-release.pdf)
Top Companies Market Share in Phone Grips Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America has been leading the way in terms of market dominance. The region's strong presence of smartphone users, coupled with a heightened awareness of ergonomic well-being and accessory trends, has propelled North America to the forefront. Its mature smartphone market and tech-savvy consumers have driven consistent demand for phone grips, making it the dominant region for such accessories.
The Asia Pacific region is experiencing the most rapid expansion in the Phone Grips market. With its vast population and growing smartphone user base, particularly in emerging economies, Asia Pacific has become a hotbed for phone grip adoption. The region's increasing awareness of ergonomic solutions, coupled with the surge in mobile gaming and smartphone-dependent work culture, has fueled the rapid growth of phone grip usage. As a result, Asia Pacific is emerging as the fastest-growing region in the global Phone Grips market, showcasing significant potential for market players and innovators in this space.
The current report Scope analyzes Phone Grips Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Phone Grips Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Phone Grips Industry growth. Phone Grips market has been segmented with the help of its Type, Application Sales Channel, and others. Phone Grips market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The phone grips market can be categorized into three primary segments: Ring, Loop, and Others. Ring phone grips, distinguished by their circular design that accommodates users' fingers and often doubles as a phone stand, have gained substantial popularity. Their ergonomic functionality and versatility appeal to a wide range of consumers, making them a preferred choice for secure phone handling and hands-free convenience. In contrast, Loop Phone Grips, featuring a simple strap or loop for finger insertion, emphasize straightforward functionality and are favored by users seeking minimalist yet effective grip solutions. Lastly, the "Others" category encompasses various innovative and niche Phone Grip designs, contributing to the market's diversity.
Ring Phone Grips have emerged as the fastest-growing category. Their dual-purpose nature, combining secure grip and stand functionality, has struck a chord with consumers seeking enhanced utility from their smartphone accessories. This versatility, coupled with ongoing innovation in Ring Grip designs, including customization and integrated features, is propelling their increasing demand in the market. As a result, the Ring Phone Grips segment is expected to maintain its growth trajectory, driving the overall expansion of the Phone Grips market.
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The mobile phone accessories store segment comprises retail outlets specializing in mobile phone accessories. These stores offer a wide variety of Phone Grips alongside other smartphone add-ons, catering to consumers seeking specialized advice and a comprehensive range of phone accessories. Secondly, the 3C Retail Store category includes stores that encompass a broader spectrum of electronic products, where Phone Grips are part of a diverse inventory. These stores provide convenience for tech enthusiasts and consumers looking for a one-stop shop for electronic needs. Lastly, the Personal segment refers to individual consumers who purchase Phone Grips for personal use, whether through online channels, direct manufacturers, or various retail outlets. This category represents a diverse group of consumers seeking Phone Grips for both functional purposes and fashion preferences.
The fastest-growing segment within these categories is the Mobile Phone Accessories Store segment. As smartphone users increasingly recognize the importance of Phone Grips for device protection and ergonomic usage, Mobile Phone Accessories Stores provide a dedicated and immersive shopping experience. These stores feature the latest designs and trends in Phone Grips, appealing to a broad customer base. With the proliferation of specialty stores focusing on smartphone accessories, consumers have more opportunities to explore and select Phone Grips that align with their style and device requirements. Consequently, the Mobile Phone Accessories Store segment is poised for significant growth in the coming years, driven by the rising demand for innovative and customized Phone Grips.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Phone Grips Market is witnessing significant growth in the near future.
In 2023, the Ring segment accounted for noticeable share of global Phone Grips Market and is projected to experience significant growth in the near future.
The Mobile Phone Accessories Store segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies PopSockets , Spigen and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Ring, Loop, Others |
Application | Mobile Phone Accessories Store, 3C Retail Store, Personal |
Sales Channel | Online, Offline |
List of Competitors | PopSockets, Ringke, Spigen, iOttie, PopSocket, OtterBox, Belkin, Moshi, TaoTronics, Joby, Nite Ize, Case-Mate, Anker, Speck, Mous |
This chapter will help you gain GLOBAL Market Analysis of Phone Grips. Further deep in this chapter, you will be able to review Global Phone Grips Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Phone Grips market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Ring have a significant impact on Phone Grips market? |
What are the key factors affecting the Ring and Loop of Phone Grips Market? |
What is the CAGR/Growth Rate of Mobile Phone Accessories Store during the forecast period? |
By type, which segment accounted for largest share of the global Phone Grips Market? |
Which region is expected to dominate the global Phone Grips Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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