Global Screen Protective Film Market growing at a CAGR of 6.3% from 2023 to 2031

Category : Consumer Goods | Published Date : Oct 2023 | Type : Press Release

Key Market Overview

Consegic Business Intelligence analyzes that the screen protective film market is predicted to grow at a compound annual growth rate of 6.3% from 2023 to 2031 and is expected to reach USD 84,729.94 million in 2031 and 52,018.15 million in 2023 which was valued at USD 49,487.28 million in 2022.

The report highlights an increase in increasing demand for the product owing to remarkable technological development, improved product designs also drive the market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the screen protective film market.

Global Liquid Packaging Carton Market By Overview

Global Liquid Packaging Carton Market

The screen protective film market is segmented into material type and application. Based on material type, the market is segmented into tempered glass, PET, and others. In 2022, the tempered glass segment dominate the overall screen protective film market. Based on application segment is categorized into mobile phones, tablets, laptops, and watches. In 2022, the mobile phones segment accounted for the highest market share in the screen protective film market.

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Market Dynamics

Driver:

 

  • High demand for smartphones globally is boosting the market growth.
  • Increasing demand for products owing to remarkable technological development, and improved product designs drives market growth.

 

Restraints:

  • The touch sensitivity gets hampered in terms of touch precision even in the case of best quality tempered glass which restraint the market growth.

Market Segmentation:

Report Attributes Report Details
By Material Type Tempered Glass, PET, and Others
By Application Mobile Phones, Tablets, Laptops, and Watches
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The market is dominated by certain major companies such as 3M, Zagg, Otterbox, Belkin, and Corning Inc. which have a strong market position in the current market circumstances. These companies are continuously leveraging new product launches and expansion of business. Furthermore, the screen-protective film market is expected to witness substantial growth in the coming years due to the growing demand for screen-protective films for mobile phones.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.

  • 3M
  • Zagg
  • Otterbox
  • Belkin
  • Corning Inc.
  • Spigen Inc.
  • Tech Armor
  • Zollotech
  • Nothing Technology Limited
  • McMaster-Carr Supply Company