According to a new report, published by KBV research, The Global Laptop Accessories Market size is expected to reach $70.2 billion by 2031, rising at a market growth of 6.7% CAGR during the forecast period. In the year 2023, the market attained a volume of 6,53,838.9 thousand units, experiencing a growth of 3.9% (2020-2023).
The Non-electronic segment is registering a CAGR of 8.7% during (2024 - 2031). Non-electronic accessories designed to protect laptops from physical damage are witnessing increased demand. Laptop sleeves, carrying cases, and backpacks offer padded protection against bumps, scratches, and spills, ensuring the safety and longevity of laptops during transportation and everyday use. With the growing emphasis on device durability and longevity, these protective accessories have become essential for users seeking to safeguard their investments. Hence, these factors will pose lucrative growth prospects for the segment.
The Offline segment is leading the Global Laptop Accessories Market by Distribution Channel in 2023; thereby, achieving a market value of $40.7 billion by 2031. Offline retailers offer the advantage of immediate gratification, allowing customers to purchase and receive their desired laptop accessories on the spot. Unlike online shopping, which often involves waiting for shipping and delivery, offline purchases provide instant access to products, making them particularly appealing to customers who value convenience and efficiency. Therefore, the segment will expand rapidly in the upcoming years.
The Commercial segment is experiencing a CAGR of 7.3% during (2024 - 2031). Businesses are investing in laptop accessories to equip their employees with the tools necessary to create comfortable and productive work environments, whether in the office or remote locations. Ergonomic keyboards, mice with advanced features, and adjustable laptop stands are among the top priorities for companies looking to promote employee well-being and productivity. Thus, these factors will contribute to increased demand in the segment.
Full Report: https://www.kbvresearch.com/laptop-accessories-market/
The Asia Pacific region dominated the Global Laptop Accessories Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26.4 billion by 2031. The Europe region is anticipating a CAGR of 6.2% during (2024 - 2031). Additionally, The North America region would exhibit a CAGR of 6% during (2024 - 2031).
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By End-use (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
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