The proliferation of smartphones and an increase in the sale of smartphones is estimated to drive the market demand for smartphone screen protectors.
Market Size – USD 37.50 billion in 2018, Market Growth - CAGR of 6.6%, Market Trends – Growing demand for tempered glass screen protectors.
The global smartphone screen protectors market is expected to reach USD 64.00 Billion by 2026, according to a new report by Reports and Data. Smartphone screen protectors are mainly used to cover smartphone screens from any scratch or accidental damage.
The new and innovative products in the smartphone market have gained notable significance and interest amongst consumers. Change in designs of smartphones, technological advancements coupled with the growing inclination for curved smartphones and phones with edge-less shapes are likely to disrupt the market. The advent of gaming-oriented phones which seeks haptic responses for functioning where the touch screen of the phone is continuously handled. To safeguard and prevent the screen from damages, the demand for smartphone screen protectors is projected to witness a growth rate in the upcoming years.
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The rise in the level of disposable income of consumers especially in emerging economies like China and India combined with the growing awareness to protect their touch screens will drive the market growth in the forecast period. Additionally, the market for refurbished smartphones and ubiquity of e-commerce has pushed the market demand even in rural areas. As per the Organization for Economic Corporation and Development (OECD), the worldwide population is estimated to grow by 1.6 billion by 2034, which in turn would propel the market growth of smartphone screen protection.
Availability of substitute products coupled with the manufacturing of smartphones with in-built screen protection may hamper the market growth in upcoming years.
Further key findings from the report suggest
• The 2.5D segment is projected to reach USD 21.82 billion by 2026 with a growth rate of 6.6% during the forecast period
• By material type, glass is forecasted to observe a growth rate of 6.7% in the forecast period attributed to the enhanced functional performance and reduction in the price of the material.
• The 0.21 mm thick screen protectors held more than 35% of the market share in 2018 and are estimated to lead the market throughout the forecast period due to its ease of application on smartphones.
• The Asia Pacific market contributed around 50% of the global market in 2018 due to the high growth of the smartphone market. Moreover, rising demand for low-cost smartphones offering the latest technological features coupled with a rise in the level of disposable income of consumers in this region is projected to transform into market growth for smartphone screen protectors.
• Key participants include FeYong Digital Technology Limited, Shenzhen Yoobao Technology Company Limited, ZAGG Inc., BodyGuardz, Belkin International Inc., AZ Infolink Pvt. Ltd., Corning Inc., Nippon Electric Glass Company Limited, SCHOTT AG, and Clarivue among others.
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• In January 2019, InvisibleShield, an offering from ZAGG Inc., a key player and innovator in screen protection market, announced InvisibleShield Glass+ VisionGuard™ precisely designed to protect the eyes of the users of the Apple 11-inch iPad Pro, 12.9-inch iPad Pro, and prevailing 9.7-inch iPad from the damaging effects of high-energy visible (HEV) blue light. InvisibleShield was named a CES® 2019 Innovation Awards Honoree for Glass+ VisionGuard.
For the purpose of this report, Reports and Data have segmented global smartphone screen protector market on the basis of product type, material type, thickness, and region:
Product Type Outlook (Revenue, USD Million; 2016-2026)
• 2D
• 5D
• 3D
• Others
Material Type Outlook (Revenue, USD Million; 2016-2026)
• Glass
• Polyethylene Terephthalate (PET)
• Thermoplastic Polyurethane (TPU)
Thickness Outlook (Revenue, USD Million; 2016-2026)
• 21 mm
• 26 mm
• 33 mm
• 48 mm
Regional Outlook (Revenue, USD Million; 2016-2026)
• North America
o U.S.
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
o South-east Asia
• Latin America
o Brazil
• MEA
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Here are the questions we answer...
• What are the future opportunities in store for the vendors operating in the Smartphone Screen Protector market?
• What does the competitive landscape look like?
• Which emerging technologies are believed to impact the Smartphone Screen Protector market performance?
• What are the key trends and dynamics?
• Which regulations that will impact the industry?
• Which segment will offer the most opportunity for growth between 2019 and 2026?
• Where will most developments take place in the long term?
• Who are the most prominent vendors and how much market share do they occupy?
• What are the latest technologies or discoveries influencing the Smartphone Screen Protector market growth worldwide?
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