Protective Cases Market CAGR of ~4% by 2027|Plastic’s Status as the ‘Material of Choice’ Intact
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: An Overview
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.
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. On the basis of end use, the protective cases market is divided into military equipment, photography & music equipment, medical and fire safety equipment, measuring & communication equipment, electronics & semiconductor components, automotive & mechanical parts, chemicals, biotechnology, and others.
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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.
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.
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.