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Increasing usage of mobile phones, laptops, cameras, and other electronic devices and their growing importance in everyday life has meant that protecting these equipment is imperative. Protective cases are generally used to protect equipment from scratches or damage. Thus, it’s all too often sensible to invest in durable cases, which is likely to increase the sales of protective cases and consequently, boost the protective cases market outlook during the forecast period. Thus, it. Furthermore, the protective cases market demand analysis reveals a significant incremental opportunity and expansion of the market at a notable growth rate between 2022 and 2030.
High Demand for Polyethylene (PE) Protective Cases to Augment Plastic Segment
In terms of material, the polyethylene (PE) sub-segment is projected to hold a majority share of the plastic segment of the market. It is anticipated to register a CAGR of 4.9% during the forecast period. PE possesses several beneficial properties such as low density and linear low density. Another benefit of polyethylene is that it is available at the lowest cost to manufacturers. Demand for the usage of recycled low-density polyethylene (LDPE) in the production of protection cases and the protective packaging market is increasing, which in turn is estimated to boost the plastic segment of the market.
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Increased Demand for Protective Cases for Photography & Music Equipment
In terms of end-use, the photography segment is estimated to account for around 20% share of the total market by the end of 2030. Rising penetration of social media and advances in smartphone features and technologies has driven the popularity of photography across the globe. However, the evolution of advanced photography & music equipment has also fueled the demand for protective cases.
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Regional Outlook of Global Protective Cases Market
Asia Pacific is expected to a prominent market, globally, and it is estimated to advance at a CAGR of 6.7% during the forecast period. The region is anticipated to hold approximately 26% share of the global market, in terms of value, by the end of the forecast period.
Asia Pacific attracts a majority of the manufacturers due to the low production cost and low raw material cost in the region. Furthermore, expansion of the e-commerce sector in Asia Pacific drives the demand for protective cases in the region.
The protective cases market in North America and Europe is expected to witness moderate growth owing to the high usage of various equipment and developed military sector in these regions.
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