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Smartphone Screen Protector Market Size, Growth Potential Analysis, Porters Analysis, Pricing Trend, Regulatory Landscape & Forecast, 2023 – 2032
- Report ID: GMI4050
Smartphone Screen Protector Market size is predicted to observe robust growth from 2023 to 2032 owing to the rise in smartphone production and sales. As per the GSMA study, more than 370 million new mobile customers are expected in the Asia Pacific alone by 2025. The growing usage of smartphones is driving the adoption of screen protectors. Most modern smartphones include expensive-to-fix AMOLED, LED, and infinity displays, which drives the importance of these protectors.
Leading manufacturers of tempered glass are focusing on giving customers dependable and cost-effective product options for securing high-end smartphones. Innovation in displays that are foldable, like the one that appears in devices like Samsung's Galaxy Fold and the Moto Razr, are expected to significantly advance the smartphone screen protector market.
Regionally, North America is anticipated to be one of the top regions to witness high smartphones and tablet sales on account of the presence of significant technology companies. Even though the novel coronavirus outbreak in 2020 slowed the manufacturing sector globally, the market has not been much affected during that period. A devoted customer base and consistent advancements in mobile technologies will support the smartphone screen protectors market forecast.
Tempered glass devices have become a highly favored screen protection solution due to their superior multi-layered and shock-absorbing qualities. The oleophobic layer of the tempered glass reduces the likelihood of fingerprints appearing on the display and gives the users a glass-like experience. In addition to being anti-reflective and offering greater glare reduction, these glasses feature higher light transmission compared to other alternatives. Mobile phone consumers have been using tempered glass for a long time and the trend is expected to continue, which will drive product demand.
Leading manufacturers in the global smartphone screen protector market include Nippon Electric Glass, Shenzhen Yoobao Technology, FeYong Digital Technology Limited, NuShield, IntelliARMOR, Clarivue, Corning Inc., Harito, Protek, ZAGG Inc., Belkin International, and Xtreme Guard. Companies are working on several strategies to maximize their output to the market via mergers, acquisitions, new product launches, and other initiatives. For instance, in April 2022, Corning Inc. acquired Saint Gobain’s Shielding and Optics Segment. This step is aimed at the expansion of Corning’s radiation shielding business.
Impact of the Russia-Ukraine war of the smartphone screen protector industry
Apple and Samsung accounted for nearly 47% of the smartphone market in Russia. This has been disrupted owing to the ongoing Russia-Ukraine war. According to reports, nearly 380 companies, from luxury brands to fast food chains, have withdrawn from Russia since March 2022. Such disruptions in the global markets are impacting smartphone screen protector market growth.
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