Smartphone Screen Protector Market to Register Stable Expansion During the Forecast Period: Grand View Research Inc

 

Smartphone Screen Protector Market Growth & Trends

The global smartphone screen protector market size is expected to reach USD 84.96 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2022 to 2030. The demand for smartphone screen protectors is projected to be influenced by the rising concerns over the safety of smartphones from screen damage caused by high-impact drops and scratches over the forecast period.

A large number of individuals use smartphones all across the world. Because of their increasing popularity, a variety of add-on devices have been developed to improve the overall functionality of smartphone devices. One such item is a smartphone screen protector, which, as the name implies, shields the phone's screen against scratches and other forms of damage. In the coming years, technological improvements in product development, such as the increased use of 3D technology, which improves user experience, are expected to provide profitable prospects for smartphone screen protector makers.

Due to its superior risk-reduction capabilities, tempered glass has become the most used material for product manufacturing. Furthermore, with the changing consumer preferences, the smartphone screen protector industry is expected to evolve dramatically. Furthermore, the market is expected to grow due to the improved adhesive characteristics and lower pricing for tempered glass screen protectors over the forecast period.

The USD 450-550 price range segment is expected to register a significant CAGR from 2022 to 2030. Over the projected period, the introduction of low-cost premium technology items, mainly in developing economies such as India, China, and Brazil, is likely to boost the growth. Furthermore, consumers are projected to demand more tempered glass screen protectors as the price of these protectors falls. The market is consolidated with the presence of a large number of international players and a few regional players.

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Smartphone Screen Protector Market Report Highlights

• By price range, the USD 250-450 segment is projected to register a CAGR of 7.0% from 2022 to 2030. Demand for screen protectors is predicted to increase as demand for low-cost smartphones in the USD 250-450 range grows. In addition, over the projected period, rising disposable income among middle-class customers is expected to fuel the demand for protective smartphone accessories. Furthermore, the business is characterized by a large demand for TPU-based screen protectors, which are relatively inexpensive
• Due to the increased acceptance of premium technology high-price smartphones, the U.S. is predicted to expand at a CAGR of 6.5% from 2022 to 2030. In addition, the rising demand for protective smartphone accessories, together with the rising consumer disposable income, is likely to boost the growth throughout the projected period
• Asia Pacific is expected to register the fastest CAGR from 2022 to 2030. Increasing smartphone sales, particularly in developing markets like India and China, are likely to fuel the industry expansion

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Smartphone Screen Protector Market Segmentation

Grand View Research has segmented the global smartphone screen protector market on the basis of material, price range, and region:

Smartphone Screen Protector Material Outlook (Revenue, USD Million, 2017 - 2030)

• Tempered Glass
• Polyethylene Terephthalate
• Thermoplastic Polyurethane

Smartphone Screen Protector Price Range Outlook (Revenue, USD Million, 2017 - 2030)

• Below USD 175
• USD 175 - 250
• USD 250 - 450
• USD 450 - 550
• USD 550 - 700
• Above USD 700

Smartphone Screen Protector Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Smartphone Screen Protector Market

• IntelliARMOR
• AZ Infolink Private Limited
• Halloa Enterprise Co. Ltd.
• ZAGG Inc.
• Belkin International, Inc.
• Corning Inc.
• Ryan Technology Co. Ltd.
• NuShield Inc.
• Xtreme Guard
• Free S.speed International Co., Ltd.
• Clarivue
• Jiizii Glass
• Protek
• FeYong Digital Technology Limited
• Shenzhen Yoobao Technology Co. Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.