India Electronics Accessories Market (2025-2031) Outlook | Companies, Analysis, Share, Growth, Forecast, Trends, Value, Size, Revenue & Industry

Market Forecast By Product Type (Mobile Phone Accessories, Headphone and Earbud, Computer Accessories, Automotive infotainment Accessories), By End Use (Residential, Commercial), By Distribution Channel (Multi-brand Store, Single-brand Store), By Price Range (Premium, Medium, Low) And Competitive Landscape
Product Code: ETC363864 Publication Date: Aug 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Electronics Accessories Market Import Shipment Trend (2020-2024)

The India electronics accessories market import shipment experienced a negative CAGR from 2020 to 2024. However, there was a slight uptick in growth between 2023 and 2024. Overall, the market showed signs of stabilization after a period of decline, indicating a potential turnaround in the near future.

Graph Showing India electronics accessories market Shipment Trend & Volume from 2020-2024

India Electronics Accessories Market Synopsis

The India electronics accessories market was estimated at around US$ 26 billion with mobile phone accessories dominating the product type segment followed by laptop accessories & television sets respectively. Growing usage of consumer electronics devices coupled with economic development has led to an increase in disposable income which has resulted into higher spending capacity amongst consumers leading towards elevated sales figures particularly those related to luxury items such as phones and laptops among others thus driving growth prospects significantly within this domain.

Market Drivers of the market

The India electronics accessories market has been witnessing robust growth, driven by several key drivers. One of the major drivers is the increasing adoption of smartphones, tablets, laptops, and other electronic devices in the country. As the usage of electronic devices becomes more pervasive, there is a growing demand for accessories such as chargers, cables, protective cases, and screen protectors. Another significant driver is the rising trend of personalization and customization of electronic devices. Consumers seek to enhance the functionality and aesthetics of their gadgets, leading to a higher demand for accessories that cater to their unique needs and preferences. Moreover, the growth of the e-commerce sector in India has positively influenced the market. Online retail platforms offer a wide variety of electronics accessories, making it convenient for consumers to explore and purchase products that suit their requirements. Additionally, the increasing disposable income and changing consumer lifestyles have boosted the demand for electronics accessories. Consumers are willing to invest in accessories that add value to their electronic devices and improve their overall user experience. Furthermore, the rapid technological advancements in electronics have driven the need for compatible and innovative accessories. As electronic devices evolve, consumers look for accessories that align with the latest features and functionalities.

Challenges of the Market

The India electronics accessories market faces several challenges due to the dynamic nature of the consumer electronics industry and changing consumer preferences. One of the significant challenges is the constant need to keep up with rapidly evolving technology. With the introduction of new gadgets and devices, consumers demand compatible and innovative accessories to enhance their overall experience. Manufacturers in the electronics accessories market must continuously invest in research and development to stay ahead of the competition and offer cutting-edge solutions. Moreover, the market faces price sensitivity and competition from low-cost imports. Consumers in India are price-conscious, and they often opt for affordable alternatives, which can impact the sales of premium accessories. Manufacturers must strike a balance between product quality and pricing to attract customers and retain market share. Additionally, the presence of counterfeit and substandard accessories is a challenge for the India electronics accessories market. These fake products not only pose quality and safety risks but also negatively impact the reputation of legitimate manufacturers. Ensuring product authentication and anti-counterfeit measures is essential to build consumer trust and loyalty. Furthermore, the India electronics accessories market faces distribution challenges, especially in rural and remote areas. The lack of well-established supply chains and retail networks can hinder the availability of accessories to a vast segment of the population. Manufacturers must explore strategic partnerships and online distribution channels to reach a wider customer base effectively. Additionally, the rapid pace of product obsolescence poses a challenge for manufacturers. With frequent updates and new product launches in the electronics industry, accessories designed for specific devices can quickly become outdated. Manufacturers must adopt agile product development strategies and keep their offerings relevant to the latest gadgets and technologies.

Covid-19 Impact on the Market

The COVID-19 pandemic impacted the India electronics accessories market in multiple ways. As more people worked and studied from home, there was an increased demand for accessories like headphones, chargers, and cables. The shift to online shopping and e-commerce platforms also influenced consumer buying behavior, leading to new opportunities and challenges for manufacturers and retailers. However, disruptions in manufacturing and supply chain operations impacted the availability and delivery of some accessories during lockdowns.

Key Players of the Market

In the India electronics accessories market, key players are at the forefront of providing a wide range of accessories for various consumer electronics devices. Amkette is a prominent player known for its diverse portfolio of electronics accessories, including power banks, chargers, and data cables. They focus on offering high-quality and stylish accessories that cater to the modern consumer`s lifestyle. Portronics Digital Pvt. Ltd. is another major player offering innovative electronic accessories, such as Bluetooth speakers and portable projectors.

Key Highlights of the Report:

  • India Electronics Accessories Market Outlook
  • Market Size of India Electronics Accessories Market, 2024
  • Forecast of India Electronics Accessories Market, 2031
  • Historical Data and Forecast of India Electronics Accessories Revenues & Volume for the Period 2021-2031
  • India Electronics Accessories Market Trend Evolution
  • India Electronics Accessories Market Drivers and Challenges
  • India Electronics Accessories Price Trends
  • India Electronics Accessories Porter's Five Forces
  • India Electronics Accessories Industry Life Cycle
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Mobile Phone Accessories for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Headphone and Earbud for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Computer Accessories for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Automotive infotainment Accessories for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Multi-brand Store for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Single-brand Store for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Price Range for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Premium for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Medium for the Period 2021-2031
  • Historical Data and Forecast of India Electronics Accessories Market Revenues & Volume By Low for the Period 2021-2031
  • India Electronics Accessories Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Price Range
  • India Electronics Accessories Top Companies Market Share
  • India Electronics Accessories Competitive Benchmarking By Technical and Operational Parameters
  • India Electronics Accessories Company Profiles
  • India Electronics Accessories Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Electronics Accessories Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Electronics Accessories Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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