India Mobile Accessories Market to Grow with a CAGR of 10.63% through 2030F
The India Mobile Accessories
Market is driven by factors such as growing smartphone penetration, rising
disposable income, demand for wireless and smart accessories, increased
e-commerce adoption, and evolving consumer preferences for personalization and
enhanced user experiences.
According
to TechSci Research report, “India Mobile Accessories Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Mobile Accessories Market was valued at USD 3.65 Billion in 2024
and is expected to reach USD 6.69 Billion by 2030 with a CAGR of 10.63% during
the forecast period. The India mobile accessories market has witnessed rapid
growth, driven by the increasing smartphone penetration and evolving consumer
preferences for enhancing device functionality and style. With over a billion
mobile subscriptions, India has become one of the largest mobile markets
globally. The increasing adoption of smartphones, particularly in semi-urban
and rural areas, has resulted in a higher demand for mobile accessories such as
headphones, power banks, chargers, and protective cases. The growing
middle-class population, rising disposable incomes, and an affinity for the
latest tech gadgets have further contributed to the expansion of the mobile
accessories market. As smartphones continue to play an essential role in daily
life, accessories have become integral for improving user experiences, offering
better protection, and meeting specific needs like portability, comfort, and
connectivity.
Another major trend in the market is the
growing focus on personalization and customization of mobile accessories.
Indian consumers, particularly the younger population, are increasingly looking
for products that reflect their personality and style. Personalization has
become a significant driver, with many consumers opting for custom phone cases,
pop sockets, and skins featuring their names, favorite designs, or images.
Online platforms have played a crucial role in making customized accessories
more accessible, allowing consumers to design their products with ease.
In parallel with technological
advancements, there is an increasing emphasis on sustainability within the
India mobile accessories market. Eco-friendly accessories, such as
biodegradable phone cases, recyclable packaging, and products made from
sustainable materials like bamboo or recycled plastics, have gained traction
among environmentally conscious consumers. As awareness around climate change
and environmental conservation grows, many consumers are choosing brands that
promote sustainability in their product development processes.
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" India Mobile Accessories Market”
The India Mobile
Accessories Market is segmented into product type, distribution channel and region.
Based
on distribution channel, offline segment continues to dominate the India mobile
accessories market, driven by the widespread presence of retail stores across
urban and rural regions. Major electronics and mobile accessory retailers,
along with small local shops, form the backbone of this distribution channel.
Consumers prefer purchasing accessories offline to physically examine the
products and ensure compatibility with their devices. This segment also
benefits from the immediate availability of products, making it a convenient
choice for customers who require accessories on the spot. Additionally, offline
retail offers a personalized shopping experience, with sales representatives
providing guidance and product recommendations. Despite the rise of e-commerce,
the offline segment remains a dominant force due to strong consumer trust in
physical stores and the reach of traditional retail networks.
Based on region, South India region is currently the
fastest-growing in the India mobile accessories market. This growth is driven
by several factors, including the region's high smartphone penetration,
increasing disposable incomes, and a growing tech-savvy population. States like
Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh have large urban centers
where mobile accessory demand is particularly strong. Additionally, South India
is home to many IT hubs like Bengaluru and Hyderabad, where professionals
heavily invest in mobile accessories for work and personal use. While West
India, including states like Maharashtra and Gujarat, has a well-established
retail infrastructure, the rapid urbanization and increasing e-commerce
adoption in the South have led to faster growth in this region.
Major companies
operating in India Mobile Accessories Market are:
- Kingston
Technology Corporation
- Apple
Inc.
- SanDisk
LLC
- Samsung
Electronics Co. Ltd.
- Skullcandy,
Inc.
- Microsoft
Corporation
- Sony
Group Corporation
- Capdase
International Limited
- Bose
Corporatrion
- Xiaomi
Corporation
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“The India mobile accessories market is
driven by rising smartphone penetration, increasing demand for wireless and
smart accessories, and a growing middle class with higher disposable incomes.
E-commerce adoption has expanded accessibility, making accessories easily
available across the country. Personalization and customization of products
have also become key trends, with consumers seeking unique designs for their
mobile accessories. Additionally, sustainability has gained importance, with
eco-friendly materials being incorporated into product designs.”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“India Mobile Accessories
Market By Product Type (Headphone, Charger, Power Bank, Protective Case,
Others), By Distribution Channel (Online, Offline), By Region, Competition,
Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of India Mobile Accessories Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in the India Mobile Accessories Market.
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