“Protective Cases Market”
Globally, total revenue generated by the protective cases market is estimated to reach ~1.6 billion in 2019, and is expected to expand at a CAGR of ~5% in terms of value throughout the forecast period, the demand for safe and secure packaging is likely to trigger the growth of the protective cases market.
Manufacturers in the protective cases market are constantly searching for better raw materials to help them in the path of product innovations. Their search has not been limited to just plastic, leather, and metals, but further extend to promising co-polymers for new materials properties.
New manufacturing technologies such as 3D have helped manufacturers expand the potential of product innovations in the protective cases market. This has helped players accelerate the time-to-market of their products. The high precision that 3D entails has been put to considerable benefits by manufacturers with technical and financial might. Several of such players have been able to consolidate their production capacity. New entrants are expected to focus on value-added product portfolio to disrupt the status quo of top players in the consolidated landscape.
Environmental Sustainability of Protective Cases Pave Way for Continued Improvement
Rising demands for protective cases from the transportation of fragile goods arising from the e-commerce sales around the world is a key dynamic in the evolution of the protective cases market. Plastic copolymer protective cases such as bubble wraps and air pillows have been extensively demanded in the transportation and shipping of materials.
Top manufacturers are expected to aim at environmental sustainability of protective cases more than the focusing on pricing concerns. The growing popularity of metal-based protective cases is a case in point. However, these are expected to see an average price decline. Meanwhile, the use of plastic in making protective cases is by far exceeds that of other materials.
The protective cases market is expected to clock a CAGR of 4% during 2019 – 2027. This will catapult their sales from about 11 million units in 2019 to nearly 15 million units by 2027 end.
In the coming years, new array of materials may put stiff competition to the producers of plastic-based protective cases. The growing penchant for using paper-based materials for protective packaging and custom packaging has helped bring new environmentally friendly products in the protective cases market. The compelling propositions are low cost in production and the high environmental-friendly quotient.
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Manufacturers Increasingly Focus on Custom Development Processes
A wide variety of products that need protective cases while transporting and shipment is a key factor driving demands in the market. Manufacturers are increasingly engaging in custom development processes. This has helped them to cater to the demands coming from the packaging of electronics, military equipment, automotive parts, medical and fire safety equipment, and measuring equipment. To this end, rotational molding and injection molding have gained popularity.
A sizable revenue share has come from the photography equipment. The sales of segment served the dominating share of all end uses. The segment is expected to clock a CAGR of 5.0% during 2019 – 2027. Over the past few years, the sale of cameras for personal and professional purposes, especially in online medium, is a key trend propelling the expansion of the protective cases market.
The study presented here is based on a report by Transparency Market Research (TMR) titled “Protective Cases Market (Material: Plastic (Polyethylene, Polystyrene, PET, Polyamide, Polypropylene, Others), Metal (Aluminum, Steel), Leather, Others; Case Weight: 3 Kg and Below, 3 to 5 Kg, 5 to 10 Kg, 10 to 15 Kg, 15 Kg & Above; End Use: Photography & Music Equipment, Military Equipment, Measuring & Communication, Medical & Fire Safety Equipment, Automotive & Mechanical Parts, Electronics & Semiconductor Components, Chemicals, Biotechnology, Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”
3D Printing Technology Poised to be the New Default in the Manufacturing Process
Recent developments in protective cases, built with a novel approach, use 3D printing technology, as manufacturers seek improvement in the time-to-market of their products. For the packaging industry, 3D printing technology empowers manufacturers to take charge of designs and manufacturing processes, and converge innovation with customization.
With the ‘reduced time’ and ‘high efficiency’ attributes of 3D printing technology, protective cases with utmost precision and superior surface finish than those manufactured using conventional manufacturing processes are witnessing better marketability in reduced turnaround time. Players following this shift in the manufacturing process can swiftly meet the rising demand for protective cases with their enhanced production competency.
How Should Players Position Themselves in the Protective Cases Market?
The success of market players hinges on their adaptability to the evolving nature of the protective cases market. Manufacturers need to move past their conventional manufacturing competency to realize the latent potential of custom development, thereby safeguarding the loyalty of their clients.
Since the shopping preferences of consumers have move to digital channels, opportunities are abound in the e-Commerce industry, which need to be addressed by increasing production competency. Manufacturers can integrate 3D printing technology in their production processes to match supply with the demand.
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In this consolidated landscape, wherein, there are a few, yet well-established market leaders, expansion of value-added product portfolio can bring in better exposure opportunities for market participants. An example of this organic growth strategy can be learnt the Pelican Products, Inc. way. This U.S.-based manufacturer of protective cases averred the launch of Voyager cases for iPad Pro tablets, in October 2018, to ensure safe transit across the globe.
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Source: Strategic Analysis to Understand the Competitive Outlook of Protective Cases Market
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