Belgium Mobile Phone Accessories Market by Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Power Bank, Battery Case, Protective Case, Smart Speaker, Screen Protector, Smart Watch, Fitness Band, AR & VR Headset, Mount & Stand, Cables, Selfie Stick, Pop-Socket, and Car/Bike Holder), by Distribution Channel (Offline and Online), by Sales Category (Branded, Third Parties, And White Labels/No Name Brands), by Sales Channel (Multi-Brand Store And Single Brand Store), by Usage (Android and iPhone) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Retail and Consumer | Publish Date: 11-Apr-2024 | No of Pages: 162 | No. of Tables: 124 | No. of Figures: 89 | Format: PDF | Report Code : N/A
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Market Definition
Belgium Mobile Phone Accessories Market size was valued at USD 1.63 billion in 2023, and is predicted to reach USD 2.00 billion by 2030, at a CAGR of 2.3 % from 2024 to 2030. Also, the Belgium mobile phone accessories market size was 34.76 million units in 2023, and is predicted to reach 47.44 million units by 2030, with a CAGR of 3.9% from 2024 to 2030. Mobile phone accessories are additional items or devices designed to enhance the functionality, protection, or aesthetic appeal of mobile devices. These accessories serve as optional enhancements that users can acquire to personalize, safeguard, or amplify the capabilities of their mobile gadgets.
They encompass a diverse range of products including cases, screen protectors, chargers, power banks, headphones, earphones, Bluetooth speakers, stylus pens, car mounts, selfie sticks, and various adapters and cables. Catering to a wide range of needs and preferences, mobile phone accessories offer users the flexibility to customize their mobile experience according to their lifestyle and specific requirements, spanning from practical utility to fashion and personalization.
Growing E-Commerce Sector Fuels the Market Growth
The expansion of e-commerce platforms has fundamentally revolutionized the manner in which consumers procure mobile phone accessories in Belgium. Through the convenience of online shopping, consumers now enjoy unprecedented access to a wide array of accessories, spanning from cases and screen protectors to chargers and headphones. This surge in e-commerce has democratized the market, enabling smaller brands and niche players to compete alongside established manufacturers. Furthermore, the proliferation of mobile shopping apps and optimized websites has streamlined the process of purchasing accessories, making it as simple as a few clicks, thereby contributing to market expansion. E-commerce platforms also facilitate seamless comparison of products, access to customer reviews, and the discovery of the best deals, empowering consumers to make well-informed purchasing decisions.
Additionally, the global reach of e-commerce enables mobile phone accessory manufacturers to tap into new markets and demographics, broadening their customer base beyond the confines of traditional retail. As e-commerce continues to progress and innovate, its impact on the mobile phone accessories market in Belgium is anticipated to deepen, driving further growth and influencing consumer preferences in the foreseeable future.
The Increasing Mobile Phones Adoption Fuels the Growth of the Market
The surge in worldwide smartphone adoption stands as a pivotal driver for the mobile phone accessories market in Belgium. With smartphones becoming indispensable tools for communication and entertainment, there is a notable increase in demand for accessories that complement and enrich these devices. This trend is driven by several factors. Firstly, the expansive user base of smartphones propels overall market growth, attracting a larger pool of potential customers seeking accessories like cases, screen protectors, chargers, and headphones.
Moreover, the frequent replacement and upgrading cycle of smartphones fuel continuous demand for compatible accessories, as consumers seek new add-ons tailored to their latest device models. Additionally, the desire for device protection and personalization motivates consumers to invest in accessories that safeguard their smartphones while reflecting their individual style preferences. The wide array of smartphone models and brands available further drives accessory demand, with manufacturers striving to meet the specific needs of flagship devices, mid-range smartphones, and budget-friendly models alike.
Furthermore, regional disparities in smartphone adoption rates, particularly in emerging markets, present opportunities for customized accessory offerings that resonate with local consumer preferences and purchasing power. In essence, the increasing ubiquity of smartphones globally acts as a catalyst for innovation, expansion, and diversification within the mobile phone accessories market in Belgium.
Compatibility and Fragmentation Hinder the Market Growth.
The presence of diverse smartphone models and brands, each showcasing its distinct designs, sizes, and specifications, presents a considerable challenge for manufacturers of phone accessories. Guaranteeing compatibility across a broad spectrum of devices necessitates ongoing investment in research and development, alongside stringent testing protocols. Furthermore, the rapid rate of technological progress and frequent updates to smartphone models exacerbate product fragmentation, complicating the efforts of companies to synchronize their accessory offerings with the latest device releases. This compatibility hurdle has the capacity to restrict the market penetration of certain accessories and introduce complications in inventory management and distribution channels.
Integration of Augmented Reality (AR) in Accessories Creates Future Opportunities for the Market
With the growing prevalence of augmented reality (AR) technology in mobile devices, there emerges a promising opportunity for accessories that seamlessly integrate with AR capabilities. This encompasses AR-enabled phone cases equipped with built-in sensors or projectors, enhancing users' interactions with virtual objects. Furthermore, there is potential for AR-enhanced headsets or glasses that synchronize with mobile phones, providing immersive gaming, navigation, or educational experiences. Manufacturers at the forefront of this field can capitalize on the increasing demand for AR technology by providing accessories that unlock new levels of functionality and experience for mobile devices.
Competitive Landscape
The Belgium mobile phone accessories market comprises various market players, such as Samsung Electronics, Apple Inc., Bose Corporation, Sony Corporation, Xiaomi Corporation, Google, Skullcandy, Amazon.com, Huawei Technologies Co. Ltd., Imagine Marketing Ltd, and others.
Belgium Mobile Phone Accessories Market Key Segments
By Type
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Battery
-
Headphone/Earphone
-
Portable Speaker
-
Charger
-
Memory Card
-
Power Bank
-
Battery Case
-
Protective Case
-
Smart Speaker
-
Screen Protector
-
Smart Watch
-
Fitness Band
-
AR & VR Headset
-
Mount & Stand
-
Cables
-
Selfie Stick
-
Pop-Socket
-
Car/Bike Holder
By Distribution Channel
-
Offline
-
Online
By Sales Category
-
Branded
-
Third Parties
-
White Labels/No Name Brands
By Sales Channel
-
Multi-Brand Store
-
Single Brand Store
By Usage
-
Android
-
iphone
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 1.63 Billion |
|
Revenue Forecast in 2030 |
USD 2.00 Billion |
|
Growth Rate |
CAGR of 2.3 % from 2024 to 2030 |
|
Market Volumes in 2023 (Million units) |
34.76 |
|
Volumes Forecast in 2030 (Million units) |
47.44 |
|
Growth Rate |
3.9% |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
-
Samsung Electronics
-
Apple Inc.
-
Bose Corporation
-
Sony Corporation
-
Xiaomi Corporation
-
Google
-
Skullcandy
-
Amazon.com
-
Huawei Technologies Co. Ltd.
-
Imagine Marketing Ltd
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