Uses & Market Potential:
Phone stands are small objects that are used to prop up your mobile device. They are
designed to sit on a hard surface, like a table or desk, so you can watch funny videos,
scroll through pics, and ultimately, keep your phone clean and safe. India mobile
phone accessories market is anticipated to flourish at a CAGR of 10.5% over the
forecast period i.e. 2017-2024. Further, the market of mobile phone accessories was
valued at USD 1.42 Billion in 2016 and is projected to garner USD 3.54 Billion by
the end of 2024. Factor such as, rising young age population is anticipated to drive
the growth of the India mobile phone accessories market over the forecast period.
India is anticipated to account for a significant portion of market share in the overall
market of mobile phone accessories during the forecast period. Factors such as,
increasing penetration of smartphone among masses is anticipated to fuel the growth
of the India mobile phone accessories market over the forecast period. In addition,
Telcom Regulatory Authority of India stated that over one billion mobile phones
were being used, which is poised to increase the use of mobile phone accessories
across the region. This factor is anticipated to drive the growth of India mobile phone
accessories market over the forecast period.
Product:
Plastic Mobile Phone Stand
Raw Material:
Basic raw material is Polypropylene (PP) resin, Other additives and Packing Material.