Mobile Waterproof Bag Market Size, Share, Growth, And Industry Analysis, By Type (PVC, TPU and Others), By Application (Bath, Diving and Others), Regional Insights and Forecast To 2032

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Mobile Waterproof Bag Market Report Overview

global mobile waterproof bag market size was valued at approximately USD 0.3 billion in 2023 and is expected to reach USD 0.5 billion by 2032, growing at CAGR of about 7% during the forecast period.

A mobile phone can be kept safe from water damage by using a protective case called a mobile waterproof bag. It is intended to seal off the phone so that it is protected against splashes, rain, and even total submersion in water. For ease of carrying, they could additionally incorporate a neck sling or forearm strap.

The market for mobile waterproof bags is expanding as a result of the rising need to safeguard mobile devices from moisture. The demand for a trustworthy waterproof solution has increased as more individuals participate in outdoor activities and use their phones in damp settings. The demand for protecting cell phones from water damage, which can be expensive to repair or replace, has increased with the emergence of high-end smartphones with complex functions. As a result, producers are investing in the creation of more sophisticated and robust waterproof bags, fueling market expansion.

COVID-19 Impact: Disruption of the Global Supply Chain Led to the Shortage of Raw Materials

The global COVID-19 pandemic has been unprecedented and staggering, with the mobile waterproof bag market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to generate substantial revenue by 2031, a robust CAGR during the forecast period. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels once the pandemic is over.

The market for mobile waterproof bags has suffered a number of setbacks as a result of the Covid-19 epidemic. The disruption to the global supply chain, which had led to a shortage of raw materials and delays in manufacturing, was one of the most significant effects. Due to the increasing demand and restricted supply, this caused a shortage of waterproof bags in some markets and increased costs for various goods. Although many people were financially impacted by job losses or decreased income, the epidemic also resulted in a decrease in consumer expenditure. As a result, less people were in need of non-essential things such as waterproof bags, which decreased manufacturers' sales.

Latest Trends

"Creation of Multipurpose Waterproof Bags to Provide Users with Additional Benefits "

The creation of multipurpose waterproof bags is the newest trend in the market for mobile waterproof bags. These bags are made to provide clients other characteristics besides water damage protection, making them more adaptable and practical. For instance, some multipurpose waterproof backpacks might come equipped with built-in power banks that let users charge their phones while they're on the road. Others might come equipped with built-in speakers that let customers make or receive calls while their phone is still in the bag. Some bags also come equipped with LED lights that can be used in emergencies or during the night.

Mobile Waterproof Bag Market Segmentation

• By Type

According to type, the market can be segmented into PVC, TPU and Others

• By Application

Based on application, the market can be divided into Bath, Diving and Others

Driving Factors

"Increasing Use of Mobile Devices and Growing Popularity of Outdoor Activities is Expanding the Industry"

The demand for a dependable waterproof solution has increased as a result of the expanding use of mobile devices. Due to the possibility of water damage to pricey smartphones with complex capabilities, which can be expensive to repair or replace, there is a growing need to safeguard them against water damage. The mobile waterproof bag market growth is expanding owing to the rising demand for mobile device protection. In addition, there is a greater need for waterproof backpacks for mobile devices due to the growth of outdoor activities including water activities, trekking, and backpacking. As more individuals participate in outdoor activities and use their phones in damp settings, there is a rising need for dependable waterproof bags that can shield their electronics from water harm.

"Advantages Offered by the Mobile Bags is Increasing their Market Demand "

Movable waterproof bags are simple to use and carry. They are appropriate for outdoor activities due to their minimal weight and ease of attachment to belts, rucksacks, or other bags. The mobile device can be effectively shielded from water harm by using a mobile waterproof bag. Compared to fixing or replacing a broken gadget, it is a considerably more affordable choice. Certain portable waterproof bags are constructed of biodegradable substances, which are safe for the environment and can break down naturally over time. These factors combined are expanding the market for these portable waterproof bags during the forecast time frame.

Restraining Factors

"Competition from Different Phone Protection Alternatives has a Detrimental Impact on the Market"

The growing competition from various waterproof phone protection choices, such as waterproof phone cases and waterproof coatings, has a detrimental impact on the mobile waterproof bag industry. The demand for waterproof bags will decline as a result of these substitutes, which provide equivalent protection against water damage and could be more practical or affordable for some consumers. When waterproof phones become more common, the demand for a separate waterproof bag decreases, which has a negative effect on the market as well. There is often no longer a need for a separate waterproof bag as so many new cell phones now come in water-resistant or waterproof versions.

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Mobile Waterproof Bag Market Regional Insights

"Presence of Major Producers in the Region are Driving the Asia Pacific Market"

Outdoor pursuits including water sports, trekking, and backpacking are becoming more popular in the Asia Pacific area, which raises the need for waterproof cases for mobile devices. Some significant producers of portable waterproof bags, including companies notably Xiaomi, Oppo, and Huawei, are based in the Asia Pacific region. These producers account for a large portion of the local market, which helps explain why Asia Pacific dominates the international mobile waterproof bag market share. There has also been an increase in disposable income for consumers as economies in the Asia Pacific area have continued to expand. As a result, consumers are more ready and able to spend money on safety gear for their devices, which has increased demand for these waterproof bags.

Key Industry Players

"Key Players Focus on Diversifying their Product Offerings to Gain a Competitive Advantage"

Mobile bag manufacturers are diversifying their product offerings to appeal to more types of clients. To accommodate various customer preferences, they are releasing new designs, colors, sizes, and features. Also, to stay competitive, manufacturers of mobile waterproof bags are concentrating on improving their product quality. They are utilizing premium components, enhancing the manufacturing process, and adding cutting-edge technologies including inductive charging and degradable. In order to draw customers, waterproof bag market participants are also offering competitive pricing. To make their products more accessible and inexpensive for clients, they are providing discounts, promotions, and packages.

LIST OF TOP MOBILE WATERPROOF BAG COMPANIES

• PIVOFUL (U.S.)
• DRY PAK (U.S.)
• REI (U.S.)
• 3iART (Croatia)
• KOBERT (Berlin)
• KONA (U.S.)

Report Coverage

This report covers the mobile waterproof bag market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.