Smartphone Screen Protector Market Trends Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2030
According to Market Research Future (MRFR) analysis, the global smartphone screen protector market is projected to reach the valuation of USD 37,380.2 million by the end of 2023. The market will register a phenomenal CAGR throughout the forecast period (2018-2023).
The use of smartphones has surmounted around the globe. Their
rising usage has led to the development of a number of additional products
which enhance the overall functioning of the smartphone device. One such
product is the smartphone screen protector that protects the mobile phone
screen from scratches and any such damage.
The growing per capita income across the world is augmenting the
demand for luxuries, which includes electronics such as smartphones,
subsequently driving market growth of smartphone screen protector.
Segment Analysis
The Smartphone Screen
Protector Market Trends is segmented based on
material type, product type, size, application, and region.
By material type, the market has been segmented into glass,
polyethylene terephthalate (PT), and thermoplastic polyurethane (TPU). The
glass segment accounted for 72.32% of the market share in 2017 and is expected
to reach the value of USD 27,742.6 million, registering a CAGR of 10.3% during
the appraisal period. The segment growth can be attributed to the benefits of
using glass, as it offers better protection against scratches and high-impact
damage as compared to PT and TPU.
By product, the market is segmented into 2D, 2.5D, 3D, and 9.5H,
among which the 2.5D product type segment is leading the market. These screens
provide a smooth and flawless surface. Hence, the segment is projected to
register a CAGR of 9.44% and reach USD 13,295.2 million by 2023.
By size, the market is segmented into 0.21 mm, 0.26 mm, 0.33 mm,
and 0.48 mm. The 0.21 mm screen protector is highly favorable owing to the ease
of its application.
By application, the market is segmented into smartphones and
tablets. The smartphones segment led the market in 2017 and envisaged to reach
a valuation of nearly USD 32 million by the end of 2023.
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Regional Outlook
The smartphone screen protector market Trends has been
geographically segmented into five regions, namely, North America, Europe, Asia
Pacific (APAC), Latin America, and the Middle East & Africa.
APAC ruled the global smartphone screen protector market in 2018
and claimed close to 47% of the market. The regional growth can be attributed
to increased disposable income and changing lifestyles of consumers. The APAC
market is estimated to reach the value of USD 18,493.4 million by 2023 at a
CAGR of 10.81% during the forecast period.
The Europe market captured the second-largest share which was
20% of the market and had reached the value of USD 3,890.9 million in 2017. The
market is deemed to register a CAGR of 8.75% during the review period. The
region, by country, is segmented into Russia, Germany, the U.K., Italy, France,
Spain, and the rest of Europe. The Russian market accounted for approximately
25% of the market share in 2017 and is projected to grow at a CAGR of 10.03%
during the assessment period.
The market in North America accounted for 16% of the market
share in 2017 and is projected to reach the valuation of USD 5913.1 million by
2023. The regional market is segmented into the United States (U.S.) and
Canada, with the US market capturing the larger share of the market and
expected to grow at a CAGR of 9.20%.
The markets in Latin America and the Middle East & Africa
are estimated to register a moderate yet steady growth over the next five
years.
Global Smartphone Screen Protector Market – Competitive Analysis
Some of the key players operating in the global smartphone
screen protector market Trends are ZAGG Inc. (US), AZ Infolink Private Limited
(India), Corning Incorporated (US), Nippon Electric Glass Co., Ltd (Japan),
SCHOTT AG (Germany), Belkin International, Inc. (US), FeYong Digital Technology
Limited (China), Shenzhen Yoobao Technology Co., Ltd (China), BodyGuardz (US),
and AGC (Japan).
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