New York, NY -- (SBWIRE) -- 12/28/2020 -- The smartphone screen protector market is set to attain a valuation of USD 64.00 billion by 2026, registering a CAGR of 6.6%. The demand for screen protectors is characterised by a wide variety of raw materials, such as glass, polyethylene terephthalate (PET) and thermoplastic polyurethane (TPU), resulting in low production costs for these items. In addition, the market shows high profit margins that allow distributors to offer attractive discounts and price reductions to attract more clients. In addition, minimal barriers such as low set-up costs are helping to drive growth in the forecast timeframe for new entrants to the market.

Market Drivers

The major driving force for the development of the smartphone screen protector market is the rising demand for the screen protector in smartphones, including premium products such as Samsung Galaxy Note series and iPhone. The rise in the level of consumer disposable incomes is also a major factor for the growth of the market. Growing demand for Chinese smartphones including Oppo Electronics Corporation and Xiaomi Inc. is anticipated to push the market growth during the forecast period.

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Regional Analysis

According to reports, the Asia Pacific region will be one of the prominent consumers of the smartphone screen protector market over the forecast period. This is due to rapid urbanization, availability of low-cost and affordable screen protector along with the proliferation of e-commerce industry which provides a better distribution network in the emerging economies including India and China.

COVID-19 Impact on the Global Smartphone Screen Protector Market:

The latest report is the first Smartphone Screen Protector market research document covering the current global economic landscape severely impacted by the COVID-19 outbreak. The global health emergency has resulted in unprecedented changes in the global economy, thereby disrupting the Smartphone Screen Protector business sphere's functioning. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, with a broad evaluation of the pandemic's present and future effects.

Key Players Profiled in the Report Include:

Mitsubishi Gas Chemical Company, Lotte Chemical Corporation, British Petroleum, Exxonmobil, Perstorp, Total Petrochemicals, Eastman Chemical Company, Koch Chemical Company, AG International Chemical Company Inc. and Versalis S.P.A among others.

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The Smartphone Screen Protector market is segmented on the basis of product types and applications offered by the market to impart an easy understanding of the Smartphone Screen Protector market operations and covers:

By Product Type:

· 99% Pure

· 5% Pure

· Others

By Application:

· PET Copolymer

· Unsaturated Polyester Resin

· Surface Coating Resins

· Amorphous Polyamide Resins

· Others

Regional Perspective:

The global Smartphone Screen Protector market has been categorized into several significant regions, such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. This section of the report analyzes the presence of the global Smartphone Screen Protector market across the major regions. It determines the market share, market size, revenue contribution, sales network and distribution channel, and other key elements of each regional segment.

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Report Highlights:

Sales & Revenue Analysis – The report includes accurate market sales volume and revenue estimations, assessed using useful analytical tools.

Supply and Value Chain Analysis: This section of the report offers a detailed examination of the global supply and value chains, which have been drastically affected by the COVID-19 pandemic.

Competitive Scenario: This section highlights both the emerging and dominant players of the global Smartphone Screen Protector market and summarizes their company profiles, product portfolios, production capacities, and cost and revenue analyses.

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