USD 51.38 billion
Report ID:
SQMIG45I2069 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
65
|Figures:
78
Smartphone Screen Protector Market size was valued at USD 51.38 billion in 2022 and is poised to grow from USD 54.93 billion in 2023 to USD 93.67 billion by 2031, at a CAGR of 6.9% during the forecast period (2024-2031).
The demand for screen protectors has substantially expanded as more companies create low-cost ones. To protect the smartphone screen from scratches, dust, smudges, and other damage, glass screens and plastic screens are combined to create a protective coating. The demand for high-quality shatterproof screen covers is also anticipated to rise due to an increase in user screen time and growing awareness of the negative health effects of blue light on the eyes. The emergence of gaming phones that need multi-touch answers has led to an increase in mishandling, smudges, and scratches. The need for smartphone screen protectors consisting of the toughest materials, including tempered glass, has consequently been rising steadily. The market is also anticipated to be influenced by the increased demand for refurbished and used cell phones because of their cheaper prices. The screen protector sector is gaining from quick advancements in display technology, like foldable displays in upcoming smartphones.
US Smartphone Screen Protector Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 51.38 billion
Largest Segment
Tempered Glass
Fastest Growth
Tempered Glass
Growth Rate
6.9% CAGR
To get more reports on the above market click here to Buy The Report
Global Smartphone Screen Protector Market is segmented on the basis of Material Outlook, Price Range Outlook, and region. By Material Outlook, the Smartphone Screen Protector Market is segmented into Tempered Glass, Polyethylene Terephthalate and Thermoplastic Polyurethane. By Price Range Outlook, Smartphone Screen Protector Market is segmented into, Below USD 175, USD 175-250, USD 250-450, USD 450-550, USD 550-700, Above USD 700. By region, the Smartphone Screen Protector Market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Smartphone Screen Protector Market Analysis by Material Outlook
In 2022, the tempered glass segment dominated the global market. The benefits of using glass rather than PT and TPU can be credited with the segment's rise. Glass offers higher defense against high-impact damage and scratches. Tempered glass has been a well-liked screen protection option over the years because of its outstanding multi-layered and shock-absorbing properties. It reduces fingerprints and gives the phone the appearance of real glass while in use, thanks to the oleophobic layer on tempered glass.
The thermoplastic polyurethane segment is expected to grow at the fastest CAGR. One advantage is that this screen protector is scratch, grease, and oil resistant. While utilizing these screen protectors, the screen protector must be elastic to self-heal.
Smartphone Screen Protector Market Analysis by Price Range Outlook
The USD 550–700 segment dominated the global market. Due to an increase in low-income consumers' demand, the below USD 175 sector is predicted to expand over the forecast period. Also, consumers who purchase such products are more likely to purchase screen protectors made of low-grade plastic.
The above USD 700 segment is anticipated to grow at fastest CAGR. The segment is anticipated to grow due to the increase in demand for premium smartphones. Also, rising concerns over the security of expensive handsets are anticipated to spur product growth.
To get detailed analysis on other segments, Request For Free Sample Report
Asia Pacific dominated the global market. Rising smartphone sales, especially in emerging economies like China and India, are projected to boost the industry's growth. For example, increasing consumer demand for smartphones from Chinese manufacturers Xiaomi Inc. and Oppo Electronics Inc. is projected to spur product growth. In addition, it's anticipated that during the forecast period, low-cost screen protector producers would emerge, particularly in Asia Pacific.
The North America market is anticipated to grow at the fastest CAGR. the market is growing owing to the rising popularity of high-end smartphones with premium technologies. Moreover, higher growth is anticipated during the projected period due to the increased demand for protective smartphone accessories as well as the rising consumer disposable income.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Smartphone Screen Protector Market Drivers
Government efforts to increase domestic production of smartphones
Spreading knowledge among users to prevent smartphone screen damage
Smartphone Screen Protector Market Restraints
Presence of a halo effect in screen protectors made of glass
Request Free Customization of this report to help us to meet your business objectives.
The global smartphone screen protector market is relatively consolidated in terms of the number of major companies operating on a global and regional scale. Strategic alliances and platform development are being carried out by key players in order to diversify their separate portfolios and establish a solid footing in the global market.
Smartphone Screen Protector Market Top Player’s Company Profiles
Smartphone Screen Protector Market Recent Developments
Government subsidies for smartphone production are rising
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global smartphone screen protector market analysis, the market growth is driven by the increasing adoption of smartphones and the need to protect their screens from scratches, cracks, and other damages. One of the key drivers of the market is the increasing adoption of smartphones, which has led to a growing demand for screen protectors. With more people relying on smartphones for their day-to-day activities, the need to protect their screens from damage has become more important than ever before. The rising awareness about the benefits of screen protectors, such as improved durability and scratch resistance, has further fuelled the demand for these products. Another factor contributing to the market growth is the increasing availability of low-cost screen protectors. With the proliferation of e-commerce platforms and the rise of online marketplaces, consumers now have access to a wide range of affordable screen protectors, making it easier to protect their smartphones.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 51.38 billion |
Market size value in 2031 | USD 93.67 billion |
Growth Rate | 6.9% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
Smartphone Screen Protector Market Recent Developments
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Smartphone Screen Protector Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Smartphone Screen Protector Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Smartphone Screen Protector Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Smartphone Screen Protector Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG45I2069
sales@skyquestt.com
USA +1 351-333-4748