Home > Consumer Goods > Laptop Accessories Market
Laptop Accessories Market size was valued at USD 40.8 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032. External factors, such as advancements in Wi-Fi, Bluetooth, and infrared technologies, as well as internal factors including the reduction in overall accessory weight are expected to significantly drive market growth.
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The market is poised to grow owing to product innovations, cost-effectiveness, and the rising number of corporate offices around the world, which is driving up laptop sales. Consumers are increasingly turning to laptop accessories for a more comfortable & convenient working environment. Due to the non-portable capabilities & functionalities of laptops, businesses have added more equipment to their office infrastructure. The increasing number of laptop, desktop, notebook, and mobile workstation shipments is augmenting the demand for accessories, such as mice, keyboards, and chargers, propelling the laptop accessories industry growth.
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 40.8 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6% |
2032 Value Projection: | USD 72.8 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 270 |
Segments covered: | Type, End-use, Distribution channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Laptop accessories, such as screen protectors, replacement keyboards, and laptop batteries, have become indispensable in our daily lives. They are intended to protect & enhance device capabilities. These add-ons make the laptop work more efficiently & quickly by improving the laptop's utility. Wireless keyboards, external hard drives, USB hubs, and port replicators are the necessary components used to heighten a laptop's efficiency. Pen drives are widely used in laptops to reduce data traffic and are considered a necessary component of laptops.
The laptop accessories market is highly competitive with numerous manufacturers and suppliers offering a wide range of products. This saturation can make it challenging for new entrants to gain market shares, thereby leading to price competition and affecting business profitability. The rapid advancements in laptop technology & design can pose challenges for laptop accessory manufacturers. They need to continually update their products to remain compatible with the latest laptop models, connectors, and interfaces. Failure to keep up with the evolving technological needs may result in obsolete or incompatible accessories.
The pandemic disrupted global supply chains, leading to a shortage of raw materials & components for manufacturing laptop accessories. Manufacturing and logistics challenges including factory closures & transportation restrictions have impacted the production & availability of accessories in the market. However, owing to the implementation of remote work & E-learning during lockdowns and social distancing measures, the market witnessed a surge in demand for laptops and related accessories. Accessories including webcams, headsets, and ergonomic keyboards witnessed increased sales as people started adapting to working & studying from home.
The demand for wireless laptop accessories, such as Bluetooth keyboards, mice, and headphones, has been on the rise. Wireless connectivity provides convenience, flexibility, and reduced clutter, allowing users to work or enjoy media without being tethered to their devices. As people spend more time working & studying on laptops, there is a growing emphasis on ergonomic accessories. Ergonomic keyboards, laptop stands, and mouse pads are gaining popularity as they offer improved comfort, wrist support, and better posture, thereby reducing the risk of repetitive strain injuries. The rising demand for portable & lightweight laptop accessories can be attributed to the increasing trend of remote work and on-the-go productivity.
Slim & compact laptop chargers, portable USB hubs, as well as travel-friendly laptop sleeves & bags are sought-after by users who value mobility & convenience. The adoption of USB-C ports in laptops has fueled the demand for accessories that leverage this versatile interface. USB-C hubs, docking stations, as well as adapters that provide additional ports, such as HDMI, USB-A & SD card slots, are in high demand to expand the connectivity options in laptops.
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Based on type, the laptop accessories market is divided into electronic and non-electronic. The electronic segment held a market share of over 69% in 2022. Electronic accessories, such as USB hubs, docking stations, and adapters, provide additional connectivity options for laptops. They enable users to expand the number of ports available on their laptops, thereby facilitating the connection of multiple peripherals, external displays, storage devices, and other accessories. These accessories enhance the versatility & productivity of laptops, making them more adaptable to various work & entertainment scenarios. These factors will boost segment growth.
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Based on end use, the laptop accessories market is divided into personal and commercial. Personal end users often seek accessories that allow them to personalize & customize their laptops according to their style, preferences, and individuality. Laptop skins, keyboard covers, and decorative decals are popular accessories that enable users to personalize the appearance of their laptops, thereby making them unique and quite reflective of their personalities. Personal laptop users frequently invest in accessories to improve productivity and achieve convenience in their day-to-day activities. Ergonomic keyboards, portable laptop stands, wireless mice, and comfortable wrist rests are the most sought-after accessories that enhance typing comfort, optimize workflow, and reduce strain during extended usage.
Asia Pacific led the global laptop accessories market with a share of over 40% in 2022. The region has experienced a rapid increase in laptop adoption owing to factors such as expanding economies, rising disposable incomes, and advancements in technology. As more individuals & businesses invest in laptops, the demand for accompanying accessories including cases, chargers, and peripherals has also grown. The COVID-19 pandemic accelerated the adoption of remote work and online learning in Asia Pacific. This shift resulted in a higher demand for laptop accessories that support productivity, comfort, and efficient remote work setups. Accessories including ergonomic keyboards, mice, and laptop stands have gained popularity as they enhance the work-from-home experience, thereby propelling market statistics.
Major players operating in the laptop accessories market are ASUSTeK Computer Inc., Bartec International S.A., Bourns Inc., Dell Inc., Eaton Corporation, Fellowes Brands Inc., and Fluke Corporation. These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.
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By Type
By End Use
By Distribution Channel
The above information is provided for the following regions and countries: