1 Global Smartphone Accessories Value and Market Share by Region (2019-2024)
China has consistently been at the forefront, with sales values ranging from $20,682 million in 2019 to a projected $26,407 million by 2024, demonstrating a strong market presence and consumer base. The United States has also shown significant sales, starting at $17,710 million in 2019 and expected to rise to $21,141 million by 2024, indicating a robust growth in demand within the region.
Central Europe and Western Europe have shown moderate but steady sales values, with Central Europe increasing from $4,965 million in 2019 to a forecasted $6,030 million in 2024, and Western Europe from $4,576 million to $5,178 million over the same period. The Middle East and Northern Europe, while smaller in comparison, have also exhibited growth, with the Middle East sales increasing from $2,671 million to $3,130 million, and Northern Europe from $1,257 million to $1,466 million by 2024.
The Benelux region, despite a smaller market share, has shown a gradual increase in sales value, from $398 million in 2019 to an estimated $448 million by 2024. The “Other Regions” category, which includes less prominent markets, collectively contributes significantly to global sales, starting at $22,781 million in 2019 and projected to reach $26,591 million by 2024.
In summary, the data indicates a positive trend in the global smartphone accessories market, with regions like the United States and China driving the majority of the sales. However, all regions are expected to contribute to the market’s growth, reflecting the global demand for smartphone accessories and the potential for market expansion in various geographical areas.
Table Global Smartphone Accessories Sales Value (M USD) by Region (2019-2024)
|
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024E |
|
USA |
17710 |
17333 |
19292 |
19817 |
20409 |
21141 |
|
Benelux |
398 |
377 |
416 |
434 |
435 |
448 |
|
Central Europe |
4965 |
4758 |
5343 |
5570 |
5779 |
6030 |
|
Middle East |
2671 |
2544 |
2824 |
2918 |
3044 |
3130 |
|
Northern Europe |
1257 |
1214 |
1342 |
1416 |
1411 |
1466 |
|
Western Europe |
4576 |
4400 |
4825 |
4842 |
5036 |
5178 |
|
China |
20682 |
21158 |
23846 |
23781 |
25094 |
26407 |
|
Other Regions |
22781 |
22054 |
24554 |
24617 |
25426 |
26591 |
|
Total |
75038 |
73838 |
82441 |
83395 |
86633 |
90391 |
In 2019, China commanded the largest share at 27.56%, with its market share slightly fluctuating but remaining above 29% through 2024, indicating a steady demand for smartphone accessories. The United States has been the second-largest contributor, with its market share increasing from 23.60% in 2019 to a projected 23.39% by 2024.
Central Europe and Western Europe have maintained relatively stable market shares, with Central Europe holding around 6.6% and Western Europe around 6% over the period. The Middle East and Northern Europe have smaller but consistent shares, with the Middle East at approximately 3.5% and Northern Europe at around 1.7%. The Benelux region, despite its small geographical size, has a market share of around 0.5%, while the collective “Other Regions” category accounts for a significant 30% of the market, highlighting the dispersed nature of the global demand.
Table Global Smartphone Accessories Value Market Share by Region (2019-2024)
|
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024E |
|
USA |
23.60% |
23.47% |
23.40% |
23.76% |
23.56% |
23.39% |
|
Benelux |
0.53% |
0.51% |
0.50% |
0.52% |
0.50% |
0.50% |
|
Central Europe |
6.62% |
6.44% |
6.48% |
6.68% |
6.67% |
6.67% |
|
Middle East |
3.56% |
3.45% |
3.43% |
3.50% |
3.51% |
3.46% |
|
Nothern Europe |
1.67% |
1.64% |
1.63% |
1.70% |
1.63% |
1.62% |
|
Western Europe |
6.10% |
5.96% |
5.85% |
5.81% |
5.81% |
5.73% |
|
China |
27.56% |
28.65% |
28.92% |
28.52% |
28.97% |
29.21% |
|
Other Regions |
30.36% |
29.87% |
29.78% |
29.52% |
29.35% |
29.42% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
2 China Smartphone Accessories Market Status
Table China Smartphone Accessories Production, Consumption, Export, Import (2019-2024)
|
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024E |
|
Consumption (M Units) |
3097.09 |
3175.57 |
3471.56 |
3377.49 |
3516.00 |
3676.30 |
|
Export (M Units) |
2620.29 |
2489.21 |
2684.44 |
2680.93 |
2724.43 |
2785.70 |
|
Import (M Units) |
32.85 |
18.67 |
19.98 |
31.27 |
22.92 |
18.24 |
|
Production (M Units) |
5684.54 |
5646.11 |
6136.03 |
6027.15 |
6217.51 |
6443.75 |
Figure China Smartphone Accessories Production (M Units) and Growth Rate Analysis (2019-2024)
In 2019, China’s production volume reached 5,684.54 million units, accounting for over 72% of the global production, highlighting its dominant position as a manufacturing hub. The production volume continued to grow, surpassing 6,000 million units in 2021, and is projected to increase further to 6,443.75 million units by 2024. This growth trend is underpinned by a steady growth rate, which, despite minor fluctuations, remains robust throughout the period. The growth rate analysis shows a slight dip in 2020, possibly due to global economic factors, but a quick recovery and continued upward trajectory in the subsequent years. This data underscores China’s expanding influence in the smartphone accessories industry and its contribution to the global supply chain, reflecting the country’s manufacturing prowess and the growing demand for smartphone accessories in the domestic and international markets.
Figure China Smartphone Accessories Consumption (M Units) and Growth Rate Analysis (2019-2024)
In 2019, the consumption volume stood at 3,097.09 million units, and it has been on an upward trajectory, reaching an estimated 3,516.00 million units in 2023, with a projected increase to 3,676.30 million units by 2024. This indicates a continuous growth in demand for smartphone accessories in China, reflecting the country’s large user base and the increasing need for protective and functional add-ons for smartphones.
3 USA Smartphone Accessories Market Status
Table USA Smartphone Accessories Production, Consumption, Export, Import (2019-2024)
|
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024E |
|
Consumption (M Units) |
1102.93 |
1035.69 |
1104.23 |
1139.94 |
1134.04 |
1148.57 |
|
Export (M Units) |
24.72 |
19.12 |
25.38 |
20.17 |
20.63 |
24.22 |
|
Import (M Units) |
549.00 |
499.24 |
541.58 |
564.29 |
567.33 |
566.84 |
|
Production (M Units) |
578.65 |
555.57 |
588.02 |
595.82 |
587.34 |
605.95 |
Figure USA Smartphone Accessories Production (M Units) and Growth Rate Analysis (2019-2024)
The Figure indicates a steady growth in the production of smartphone accessories in the United States. Starting at 578.65 million units in 2019, production is projected to increase to 605.95 million units by 2024, demonstrating a compound annual growth rate that reflects the expanding demand for smartphone accessories in the region. This growth can be attributed to various factors, including the rising adoption of smartphones, the need for device protection, and the increasing preference for personalized accessories among American consumers. The upward trend in production also highlights the importance of the US market in the global smartphone accessories industry, suggesting a robust market with potential for further expansion.
Figure USA Smartphone Accessories Consumption (M Units) and Growth Rate Analysis (2019-2024)
The U.S. market for smartphone accessories has exhibited a robust consumption pattern. In 2019, the consumption volume stood at 1,102.93 million units, and it is anticipated to grow at a steady pace, reaching an estimated 1,148.57 million units by 2024. This growth trajectory signifies a consistent demand for smartphone accessories in the U.S., underpinned by the country’s large smartphone user base and the propensity for consumers to accessorize their devices for enhanced functionality and protection. The growth rate analysis further underscores the market’s potential for sustained expansion, reflecting the ongoing trend of smartphone adoption and the desire for personalized accessories in the U.S.
4 Central Europe Smartphone Accessories Market Status
Table Western Europe Smartphone Accessories Production, Consumption, Export, Import (2019-2024)
|
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024E |
|
Consumption (M Units) |
387.96 |
373.90 |
397.75 |
389.38 |
399.52 |
408.16 |
|
Export (M Units) |
2.68 |
1.56 |
2.02 |
1.82 |
2.18 |
2.04 |
|
Import (M Units) |
251.07 |
240.35 |
255.47 |
245.92 |
251.23 |
252.13 |
|
Production (M Units) |
139.57 |
135.11 |
144.29 |
145.28 |
150.48 |
158.06 |
Figure Central Europe Smartphone Accessories Production (M Units) and Growth Rate Analysis (2019-2024)
Starting in 2019 with a production volume of 234.44 million units, the Central Europe region witnessed a gradual increase, reaching 238.51 million units in 2023, with an anticipated further rise to 247 million units by 2024. This indicates a steady growth trend in production, suggesting a sustained demand for smartphone accessories in the region.
The growth rate analysis reflects a modest but consistent upward movement, with slight variations from year to year. This consistency implies a stable market environment, likely influenced by the region’s economic conditions and consumer preferences. The growth rate does not exhibit any drastic changes, which could be indicative of a mature market with predictable consumption patterns.
Figure Central Europe Smartphone Accessories Consumption (M Units) and Growth Rate Analysis (2019-2024)
From 2019 to 2024, the consumption volume in Central Europe has shown a gradual rising trend, starting at 417.13 million units in 2019 and projected to reach 471.05 million units by 2024. This indicates a continuous demand for smartphone accessories in the region, which can be attributed to the increasing penetration of smartphones and the desire for enhanced functionality and protection among consumers.
The growth rate reveals a relatively stable consumption pattern with slight fluctuations. Central Europe’s consumption of smartphone accessories demonstrates a steady growth trajectory with a consistent growth rate, reflecting a robust and evolving market. This trend signals a positive outlook for manufacturers and suppliers operating in the region, suggesting that there is a reliable consumer base with a sustained interest in smartphone accessories. The market’s resilience and growth potential make it an important segment for industry players to consider in their strategic planning and expansion efforts.
