Analytical Study of Mobile Phone Accessory Demand in Western Europe from (2023 to 2033)
The demand for mobile phone accessory is expected to soar across Western Europe, especially in the the United Kingdom and Germany. By the end of FY 2023, mobile phone accessory sales are poised to reach a valuation of US$ 24,960.0 million. The demand for mobile phone accessory in Western Europe is likely to expand at a 4% CAGR from 2023 to 2033. The industry is projected to attain US$ 36,858.9 million by 2033.
The constantly changing and growing smartphone ecosystem is a significant force behind the Western Europe mobile phone accessory ecosystem. The need for compatible accessories such as chargers, cases, and wireless earphones is still high as customers switch to new devices with unique features and designs, fueling the continued expansion in the regional industry.
Key Insights that Promotes the Sales of Mobile Phone Accessory in Western Europe
- AR friendly devices- Augmented Reality compatible cases and headsets are becoming more and more popular accessories for immersive gaming as well as interactive experiences.
- Fitness and health accessories- Accessories connected to fitness and wearable technology serve the expanding health and wellness trends in Western Europe.
- Modular accessories- Customers are looking for modular accessories that can be updated and altered to increase the functionality and lifespan of their gadgets.
| Attributes |
Details |
| Industry size in 2023 |
US$ 24,960.0 million |
| Expected Industry Size in 2033 |
US$ 36,858.9 million |
| Forecasted CAGR between 2023 to 2033 |
4% |
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Key Trends Influencing Demand for Mobile Phone Accessory in Western Europe
- The increasing use of smart gadgets and wireless technologies drives the need for wireless charging pads, true wireless earbuds, and wristwatch accessories. Smartphones and other linked devices perform better and are more convenient with these attachments.
- Customization and personalization are growing in popularity. Customers want accessories that let them show off their individuality and sense of style. Examples of these accessories include phone covers that can be personalized and accessories that are tailored to the taste of the consumer.
- Eco-friendly accessories manufactured from sustainable resources are becoming more and more popular. Western European consumers are becoming more aware of the harm that electronic waste does to the environment, which is driving up demand for accessories that are biodegradable, recyclable, or composed of recycled materials.
Comparative View of Adjacent Products
The table below will compare the mobile phone accessory ecosystem in Western Europe with the global mobile phone accessory market and the mobile phone accessory ecosystem in South Korea. Western Europe to acquire a significant share of the global sales of mobile phone accessory.
Mobile Phone Accessory Ecosystem in Western Europe:
| Attributes |
Details |
| Forecast CAGR between 2023 to 2033 |
4% |
| Industry Size in 2023 |
US$ 24,960.0 million |
| Key trend |
Customers are looking for accessories made of recyclable or biodegradable materials as their concerns about the environmental effects of technological trash grow. |
| Key challenge |
The requirement to adhere to stringent regulatory requirements and certifications is one of the main obstacles . |
Global Mobile Phone Accessory Market:
| Attributes |
Details |
| Forecast CAGR between 2023 to 2033 |
6.8% |
| Industry Size in 2023 |
US$ 97,996.3 million |
| Key trend |
The aesthetic qualities of personalized packaging options enhance the brand value of companies who manufacture mobile phone accessory. |
| Key challenge |
Accessory manufacturers need to stay up to speed with the constant innovation and design updates made by mobile phone manufacturers in their designs, connections, and features. |
Mobile Phone Accessory Ecosystem in South Korea:
| Attributes |
Details |
| Forecast CAGR between 2023 to 2033 |
8.8% |
| Industry Size in 2023 |
US$ 3,285.2 million |
| Key trend |
With more and more people having access to 5G networks and becoming interested in 5G capable gadgets and software, South Korea is leading the way in the adoption of 5G technology. |
| Key challenge |
With an expanding elderly population, South Korea has demographic problems that might affect economic productivity and the workforce while also placing more strain on social services as well as healthcare. |
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Category-wise Insights
Portable Speakers to Occupy a Significant Share of the Western Europe Industry
In 2023, the portable speakers are likely to gain a share of 27.9% in Western Europe.
| Product Segment |
Portable Speakers |
| Expected share in 2023 |
27.9% |
There is a growing need for portable speakers with built in smart capabilities as voice assistants and smart home technology gain popularity. Speakers that work with iPads, smartphones, as well as home automation systems are in high demand.
These speakers are adaptable and practical additions to the contemporary house since they provide multi-room audio, voice control, and the capacity to stream music and podcasts.
Consumers to Flock towards Clear View Boxes for its Attractiveness
The clear view boxes of the mobile phone accessory in Western Europe is estimated to garner a 22.9% share in 2023.
| Packaging Segment |
Clear view boxes |
| Expected share in 2023 |
22.9% |
There are two main reasons why clear view boxes for mobile phone accessories have become more prevalent in Western Europe. Product visibility and attractiveness are essential factors to customers in the region. Customers may evaluate the style, color, and functions of the accessory before making a purchase thanks to clear view boxes, which offer an unhindered view of the item.
This transparency improves the purchasing experience and fosters trust. There is an increasing worry about the legitimacy and caliber of products. Customers are guaranteed to receive authentic, premium accessories in clear view boxes, discouraging counterfeiting. In Western Europe, there is a growing demand for transparent view packaging due to the combination of protection against authenticity and aesthetic appeal.
Region wise Insights
In Western Europe, two regions have been gaining the maximum mobile phone accessory demand. These two are regions of The United Kingdom and Germany.
| Regions Profiled |
CAGR from 2023 to 2033 |
| The United Kingdom |
4.2% |
| Germany |
4.1% |
Fashion Preference and Mobile Games to Bolster Demand in the United Kingdom
Fashion and individual style are highly valued in the United Kingdom. People frequently see their mobile phone accessory as fashion statements. This increases the desire for accessories with designer brands, distinctive customization choices, and fashionable phone covers. Customers are willing to spend money on accessories that showcase their personality and protect their gadgets.
There is a rising trend in the United Kingdom for mobile gaming. Demand for peripherals explicitly designed for gaming, such as gaming controllers, premium headphones, and ergonomic phone grips, has surged as more people utilize their smartphones for gaming. Due to the impact of the gaming community on accessory purchases, gaming-related accessories are a distinct demand driver in the United Kingdom.
Biodegradable Mobile Phone Accessory to Bolster Sales in Chubu
Sustainable environmental practices are highly valued in Germany. Concerns over the effects of electronic waste on the environment are growing among consumers. There is a rising demand for environmentally friendly mobile phone accessory, including chargers that use less energy, biodegradable phone covers, and accessories composed of sustainable materials. Businesses that provide ecologically friendly goods have a distinct edge in the German industry.
When it pertains to mobile phone accessory, German consumers are usually more concerned about longevity and quality. They are prepared to spend money on high-end, expertly made items with lasting worth. The market for durable phone covers, dependable chargers, as well as accessories from respectable companies is driven by this need for high-quality goods.
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Competitive Landscape
Keeping up with the competition requires effective branding and marketing strategies. Prominent companies employ comprehensive promotional initiatives to establish and preserve brand awareness.
They make their products the preferred option for many customers by using their brand reputation to foster consumer trust and loyalty. To guarantee awareness, this might involve joint ventures with well-known influencers, advertising, and strategic positioning of retail stores.
Some of the Important Players in Western Europe Dealing with Mobile Phone Accessory
- Apple Inc.
- Samsung Electronics
- Sony Corporation
- Logitech
- Belkin International
- OtterBox
- Anker
- JBL (Harman International)
- Plantronics (Poly)
- Huawei
Recent Developments Observed in Western Europe Mobile Phone Accessory Ecosystem
| Company |
Recent Developments |
| Apple Inc. |
- In 2023, as part of the development of its Silicon Design Center in downtown Munich, Apple announced that it will invest an extra 1 billion euros towards German engineering during the next six years.
- Apple expands its footprint in Munich with three new research and development centers, extending its presence in the area for more than 40 years.
|
| Apple Inc. |
- In 2023, Apple brought out USB type C charging cables on its iPhone 15 series.
- This step was in response to a European Union rule requiring the business to provide uniform charging standards throughout its entire product line.
- Customers may find it more convenient to charge their gadgets as a result.
|
| Samsung Electronics |
- In 2023, Samsung Electronics unveiled the new Samsung Eco-Friends 1 range, which includes a variety of accessories using recycled materials and distinctive designs.
- More than forty nations, including South Africa, the United Arab Emirates, China, the Netherlands, Korea, Singapore, and the United States, will have access to the new lineup.
- Accessories like wearable straps as well as product cases that have at least 40% post-consumer material (PCM) in them have been designated as Samsung Eco-Friends.
|
Scope of the Report
| Attribute |
Details |
| Estimated Industry Size in 2023 |
US$ 24,960.0 million |
| Projected Industry Size in 2033 |
US$ 36,858.9 million |
| Attributed CAGR between 2023 and 2033 |
4% |
| Historical Analysis of Demand for mobile phone accessory in Western Europe Countries |
2018 to 2022 |
| Forecast Period |
2023 to 2033 |
| Report Coverage |
Industry size, industry trends, analysis of key factors influencing mobile phone accessory in Western Europe, insights on global players and their industry strategy in Western Europe, ecosystem analysis of local and regional Western Europe providers |
| Key Countries within Western Europe Analyzed while Studying Opportunities for Mobile Phone Accessory in Western Europe |
- The United Kingdom
- France
- Germany
- Italy
- Netherlands
- Spain
|
| Key Companies Profiled |
- Apple Inc.
- Samsung Electronics
- Sony Corporation
- Logitech
- Belkin International
- OtterBox
- Anker
- JBL (Harman International)
- Plantronics (Poly)
- Huawei
|
Key Segments
By Product Type:
- Power Banks
- Batteries
- Chargers
- Protective Cases & Covers
- Headsets
- Portable Speakers
- Memory Cards
- Data Cables
- Mount & Stands
- Selfie Stick
- Others (Stylus Pen)
By Packaging Type:
- Folding Cartons
- Clear View Boxes
- Pouches & Bags
- Clamshells
- Blister Packs
- Trays
By Sales Category:
- Brands
- 3rd Parties
- White Labels/No Name Brands
By Price Range:
- Premium (Above US$ 50)
- Mid (US$20-US$50)
- Low (Below US$20)
By Sales Channel:
- Retail Outlets (Multi-Brand Outlets)
- Electronic Stores
- Franchise Outlets
- Exclusive Stores (Branded Stores)
- E-Commerce
By Country:
- The United Kingdom
- France
- Germany
- Italy
- The Netherlands
- Spain
Frequently Asked Questions
How huge will be the demand for the mobile phone accessory in Western Europe in 2023?
The sales of mobile phone accessory is poised to reach US$ 24,960.0 million by 2023.
By 2033, what will be the overall value share of the mobile phone accessory in Western Europe?
In 2033, the total value of the mobile phone accessory ecosystem in Western Europe will reach US$ 36,858.9 million.
What is the anticipated growth rate of the Western Europe mobile phone accessory industry?
From 2023 to 2033, the Western Europe mobile phone accessory industry is likely to garner a 4% CAGR.
Which product type of mobile phone accessory is likely to dominate?
The portable speakers segment is likely to take 27.9% shares in 2023.
