Smartphone Screen Protector Market Trends, Opportunity, Demand, Major Driving Factors, Business Growth and Forecast Strategies 2023

Overview:

The Global Report on the Smartphone Screen Protector Market is on a path to register a CAGR of 9.92% during the forecast period of 2018 to 2023. Market Research Future (MRFR) claims that the global market would benefit from several factors like the growing consumption of smartphones, hike in the number of manufacturers of screen protectors in China and India, increasing realization regarding the preventive precautions among customers, innovations in the field, awareness about the adverse impact of blue light, and others.

But the market has three major problems that can hold back its growth rate. Fluctuating raw material price, quality of the end product, and unorganized smartphone sector can hold back the global market growth.

Competitive Landscape:

ZAGG Inc. (US), Corning Incorporated (US), AGC (Japan), SCHOTT AG (Germany), Shenzhen Yoobao Technology Co., Ltd (China), FeYong Digital Technology Limited (China), AZ Infolink Private Limited (India), BodyGuardz (US), Belkin International, Inc. (US), and Nippon Electric Glass Co., Ltd (Japan) are some of the major companies to provide thrust in taking the global market ahead. Their strategic moves are expected to ensure a better growth rate for the market.

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Segmentation:

The Global Market Report on the Smartphone Screen Protector has been segmented and studied by MRFR experts on the basis of Material Type, Size, Product Type, and Application. These segments provide better insights and help in assessment and devising strategies.

By Type, the Global Report on the Smartphone Screen Protector Market has been segmented into glass, thermoplastic polyurethane (TPU), and polyethylene terephthalate (TPU). The glass segment earns the maximum market revenue. In 2017, it had a valuation of USD 24,531.3 million valuation.

By Product Type, the global market has been segmented into 2D, 2.5D, 3D, and 9H tempered glass. The 2.5D segment has better market coverage.

By Size, the study on the Global Smartphone Screen Protector Market has been segmented into 0.21mm, 0.26mm, 0.33 mm, and 0.48mm. The 0.21mm segment is much coveted and had 38% of the global market share in 2017.

By Application, the discussion on the Smartphone Screen Protector Market has been segmented into smartphones and tablets. The smartphone segment has the maximum reach and it covers almost 84% of the global market.

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Regional Analysis:

Both in terms of volume and value, Asia Pacific will take the global lead. This regional market is also expected to grow with the highest CAGR during the forecast period. The high consumption rate of smartphones and increasing disposable income can trigger expansion for the market.

Industry News:

Blue light emitted from a smartphone has several side-effects. It can affect the circadian rhythm and influence problems like eye irritation, headaches, fatigue, and more. That is why scientists have come up with the Ocushield Anti-Blue Light Screen Protector that would cut down the blue light significantly and lessen the detrimental effects of the same on health. It is a super-strong tempered glass and has the ability to prevent 90% of the harmful blue light from impacting the retinas.

In April 2020, ZAGG InvisibleShield came up with Glass Elite VisionGuard+, which is much more than a screen protector. It is a sturdy screen protector, no doubt and is made of aluminosilicate glass, an ion exchange tempering process that helps in increasing the surface tension of the glass, which makes it scratch-resistant. It can prevent the harmful high-energy visible (HEV) light from harming the eyes and causing eye aging. Sleep problems, blurred vision, and others. It also includes a treatment that can kill bacteria, which makes the phone safer to use for a longer span of time.

COVID-19 Study in Detail:

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NOTE: Our team of researchers is studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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