Protective Cases Market: Trends and Opportunities with Forecast
Transparency Market Research delivers key insights on the protective cases market, in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global protective cases market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecast in this report.
Protective Cases Market: Competition Landscape
The competitive intensity in the protective cases market is discussed on the basis of revenue share analysis, market structure, and segmental share of companies. Key manufacturers included in the report are Pelican Products, Inc., Gemstar Manufacturing Inc., PARAT Beteiligungs GmbH, C.H. Ellis Company Inc., GT Line S.r.l., SKB Corporation Inc., GMOHLING Transportgeräte GmbH, Gemstar Manufacturing Inc., ZARGES GmbH, Nefab Group, and Suprobox.
Protective cases are manufactured in order to prevent damage to components and delicate products such as network systems and equipment from external elements. Protective cases are commonly made of polymer and metal.
Data-driven military operations use protective cases as a tool kit, which is used to store various products. The need for protective packaging during the transportation and shipment of products is expected to bolster the demand for protective cases in the coming years.
Planning to lay down future strategy? Perfect your plan with our report brochure
Some of the key features of protective cases, such as water-resistance, impact resistant, and ability to withstand harsh climatic conditions, are expected to add more value to the protective cases market during the forecast period. The protective cases market has been segmented into material, case weight, end use, and region.
Investment Opportunities: Asian Countries to Hold Favorable Growth Prospects
In terms of market value growth, Asia Pacific is anticipated to hold significant opportunities in the coming years. Per capita consumption and increasing investments in the manufacturing sector leads to the growth of the protective cases market during the forecast period. Asia Pacific is expected to dominate in terms of growth rate during the period of 2019-2027, owing to a shift in the preference towards lightweight packaging.
Manufacturers in the protective cases market are looking forward to invest in the global protective packaging market, particularly in reusable products. In terms of economy, India, China, South Korea, Japan, and Indonesia are top five countries in the region. Manufacturers in industries such as communication, medical & fire safety equipment, automotive & mechanical parts, electronics & semiconductor components, and chemicals are expected to invest in the protective cases market.
Strength Anchored with Appearance: Co-polymer Protective Cases
Leading manufacturers in the protective cases market are offering tailor-made cases for a variety of products in military, electronics, automotive, consumer goods, and other industries. The protective cases market is projected to have substantial growth in the coming years, as manufacturers are investing in co-polymer product cases. Easy moulding capabilities and the light weight of plastic materials over other products are increasing its usage in the protective cases market.
Introduction of 3D Printing Technology Aiding Market Growth
Advanced technologies such as 3D printing are increasingly being used in the manufacturing of complex parts. Although 3D printing was initially conceptualized to aid the product development process, it has found a wide array of applications. It provides a quick turnaround time, with negligible tooling investment. Specific 3D printing technologies can produce molded parts with high accuracy and outstanding surface finish. This technology helps manufacture high-quality protective cases with high speed and greater efficiency. The global protective cases market can capitalize on such design- and technology-related R&D, and therefore, is anticipated to encounter ample opportunities for growth, during the forecast period.