ICT & Electronics Global Indian Mobile Phone Accessories Market | Page 2

Rising Sales Of Smartphone And Increasing Disposable Income Of
The Consumers Are Driving The Growth Of India Mobile Phone
Accessories Market
The India mobile phone accessories market is segmented into product type such
as earphones, cases, mobile phone stands, splitters, earphone extension cable,
power banks, headsets, portable speakers, chargers and batteries. Among these
segments, mobile phone cases segment is expected to grow at remarkable pace
during the forecast period. The rise of the mobile phone cases segment is backed
by a number of factors such as rising fashion consciousness amongst youth and
increasing number of smart phone user in India. Further, rising demand for
mobile phone cases, skins and covers is likely to be the major factor behind the
growth of this segment during the forecast period.
India mobile phone accessories market is expected to register a 9.2% CAGR over
the forecast period. Moreover, India mobile phone accessories market is expected
to reach at notable revenue by the end of 2020. The market is primarily driven by
a number of factors such as rising urban population, presence of strong
distribution channels and growing consumer’s affordability.
The online store segment by distribution channel is likely to grow at remarkable
pace during the forecast period. Growing preference for online shopping amongst
the consumers and rising penetration of mobile phones are major factors which
are estimated to drive the growth of India mobile phone accessories market
during the forecast period.
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