How Is Growing Demand for Premium Devices Driving Growth in the Mobile Phone Accessories Market?

How Is Growing Demand for Premium Devices Driving Growth in

Market Overview

The global Mobile Phone Accessories Market was valued at USD 94.4 Billion in 2024 and is projected to reach USD 142.3 Billion by 2033. The market is expected to grow at a CAGR of 4.63% during the forecast period from 2025 to 2033. The growth is driven by increasing smartphone adoption, demand for customization and personalization, and expanding e-commerce sectors, particularly in the Asia Pacific, which dominates the market.

Study Assumption Years
• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Expanding Smartphone Penetration and Device Replacement Cycles

Driving the mobile phone accessories market are increasing smartphone penetration in developed and developing economies. Smartphones are increasingly being used as multifunctional devices for communication, entertainment, work and digital payment purposes. This has led to the proliferation of mobile phone accessories providing usability, protection and personalization. The replacement and upgrade cycles of mobile phone accessories are short. The year 2025 has seen consumers increasingly purchasing repeat cases, screen protectors, chargers, wallet cases, power banks and wireless audio devices. The growing penetration of high-cost smartphones is leading consumers to opt for premium cases that offer both protection and style. In addition, the launch of 5G-enabled smartphones is leading to increasing demand for compatible chargers, cables, and audio devices that can support the high-speed data transfer and fast charging capabilities of these devices. Growth in smartphone accessories will also be propelled by increasing disposable income and digitalization in emerging markets, where there is continued demand for functional and lifestyle accessories across demographics.

Influence of E-commerce, Branding, and Product Customization

The rapid growth of e-commerce and D2C channels for consumers to compare price, access a variety of designs and global brands are some factors driving growth in the mobile phone accessories market. In 2025, digital marketing, influencer marketing and social media are, by far, more popular than ever. They are among the most important components in marketing strategies to younger audiences, and marketers customize and personalize because consumers seek accessories that reflect their personal style, identity and lifestyle. Manufacturers distinguish themselves by producing customized and fashion-focused cases, and using “green” materials, in response to competition from cheaper products, shorter production cycles, and the low barriers to entry into the market. The industry increasingly stresses product quality, design, and brand value. This continuous product release cycle drives the interest in online and offline retail ecosystems.

Mobile Phone Accessories Market Trends

The mobile phone accessories market is experiencing some trends followed by the manufacturers as well as the consumers. A key trend in the market is demand that increases for wireless and smart accessories like TWS earbuds, wireless chargers, and smartphone-compatible smart wearables. Another trend that has emerged by 2025 is the use of more sustainable accessories, including biodegradable or compostable cases, recyclable or carbon-neutral packaging, and energy-efficient chargers in response to consumer demand. Likewise, consumers have started toward embracing premiumization, choosing to pay more for better materials, faster charging, and better durability. Other gaming accessories such as fans, triggers, and specialty controllers also grew in popularity as mobile gaming rose. Accessories that charge, protect, and store the device in one product are also common. These trends have led to innovations in accessories and design as well as value-added products.

Market Drivers

Trends in the mobile phone accessories market include a large and growing smartphone user base worldwide. As smartphones are sold, there are a variety of accessories that are compatible with each new smartphone, creating demand for a growing accessories market. With the rise of the digital work experience, and entertainment in 2025, the demand for audio devices, power banks, and ergonomic accessories is also increasing. Consumers upgrade gadgets and accessories because of fast charging, wireless technology, and battery technology. E-commerce and logistics capabilities increased are making accessories more widely available and affordable with brand awareness and preference, as well as purchases influenced by fashion, also contributing to market growth. Also, aggressive marketing strategy as well as frequent introduction of products by manufacturers is driving the growth of mobile phone accessories market and also retaining consumer interest.

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Market Segmentation

Product Type:
• Headphone/Earphone: Largest segment with 21.6% market share in 2024; driven by demand for high-quality audio and products like Sony’s WF-1000XM4.
• Portable Speaker
• Charger
• Memory Card
• Power Bank
• Protective Case
• Screen Guards
• Popsockets
• Others

Price Range:
• Premium: Targeting consumers seeking high-end features.
• Mid: Offering balanced quality and price.
• Low: Catering to price-sensitive consumers requiring essential functionality.

Distribution Channel:
• Online
• Offline: Leading channel with 69.8% market share in 2024, providing tactile environments for consumer trials.

Region:
• Asia Pacific
• Europe
• North America
• Latin America
• Middle East and Africa
• Countries Covered:
• United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico

Regional Insights

Asia Pacific contributed the largest share of over 46.9% in 2024. The region’s dominance is mainly due to the availability of smartphones to a large extent, the increasing number of customization options, and the growth of the e-commerce sector. The India smartphone market is expected to grow at a CAGR of 4.86% during 2024-2032, which will be a major contributor to the regional market expansion.

Recent Developments & News

• July 2024: Onsitego launched its mobile phone accessories brand Juice in India, focusing on sustainability with products such as durable charging solutions and protective gear.

• July 2024: CMF, a sub-brand of Nothing, introduced CMF Phone 1 featuring innovative repairability with replaceable back panels using stainless steel screws.

• June 2024: Samsung unveiled smartphone accessories inspired by the Paris 2024 Olympic Games, incorporating unique color schemes for cases, straps, and chargers.

• August 2023: Foxconn planned USD 500 Million investment for a new smartphone accessories production facility in Bengaluru, India.

• January 2022: iQmetrix partnered with Ice Mobility to integrate wireless accessory distribution and vendor managed inventory with retail management systems.

Key Players
• Apple Inc.
• Bose Corporation
• Energizer Holdings Inc.
• JVCKENWOOD Corporation
• Kingston Technology Corporation
• Panasonic Corporation
• Plantronics Inc.
• Samsung Electronics Co. Ltd.
• Sennheiser electronic GmbH & Co. KG
• Sony Corporation
• Western Digital Corporation
• Xiaomi Inc.

Customization Note
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About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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