Market Outlook India Aftermarket Mobile Phone Accessories [2020]

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Market Outlook India Aftermarket Mobile Phone
Accessories 2020
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Summary
This study examines the India Aftermarket Mobile
Phone Accessories Market in India and its future
outlook by 2020. The mobile phone accessories
market is totally dependent upon the smartphone
sale in the country. The growth in the sale of
mobile phone accessories is directly proportional
to the smartphone sales. India mobile featured
phone market is expected to register at a
compound annual growth rate (CAGR) of 2.6 during
2014 to 2020. On the other hand, smartphone
market is expected to show an astonishing CAGR of
21.4 during the same forecast period. Factors
like, continuous fall in average selling price of
the smartphones, burgeoned online video viewing,
hiked penetration of services like WhatsApp,
e-commerce websites for shopping and introduction
of services like 3G and 4G network in the country
are driving people to shift from featured phones
to smartphones across the country.
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The report encompasses the mobile phone
accessories manufacturers, their product
offerings, market acceptance level of accessories
like earphones, cases, mobile phone stands,
splitters, earphone extension cable, cases, power
banks, headsets, portable speakers, chargers and
batteries. Out of all above mentioned
accessories, at 22.5, trendy mobile phone cases,
covers and skins accounted for the largest share
followed by the chargers in 2014.
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With rising fashion consciousness amongst youth
in tier I, tier II and tier III cities, it is
anticipated that protective cases will remain at
top with highest share in 2020. In India,
parents, friends, office colleague and peer group
works as an influencer while making any purchase.
Even smartphone and accessories are not
un-touched by this fact. Any new player, entering
India with decent quality mobile phone
accessories, is well accepted by the youth and
word of mouth further helps the company to extend
its reach in tier III cities. The mobile phone
accessories market is gaining traction in India
with a bright promised bright future. According
to ERC, India aftermarket mobile phone
accessories market is expected to grow at a CAGR
of 9.2 during 2015-2020. The factors responsible
for this steep growth can attributed to the
strong online and offline distribution network of
online/offline retailers.
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Table of Contents
1. Executive Summary 2. Research Methodology 3.
An Overview 4. Market Dynamic 5. India Mobile
Phone Market Analysis 6. Risk Analysis 7.
India Mobile Phone Accessoires Market Analysis
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To view the full Executive Summary and Table
of Contents, please visit Market Outlook India
Aftermarket Mobile Phone Accessories
2020 Contact Us- Phone [phone] Em
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