The photography segment is estimated to account for almost ¼ of the global protective cases market share, by value, in 2022 and is likely to grow at a CAGR of 4.6% and maintain its market share during the forecast period.
The increasing use of professional cameras and photography equipment, and rise of commercial and professional photographic services are likely to give an up-turn to the protective cases market. The need to safeguard fragile photography equipment from damage during transport will ultimately bolster the demand for protective cases in the upcoming years. Protective cases are designed to prevent damage to critical components and products such as cameras, communication systems, electronic devices, precision parts, scientific instruments, equipment, and others from the impact of environmental changes. Protective cases are usually made of plastics and metal.
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These cases have a wide range of applications in data-driven military operations, used as a tool case kit, and store various products, which need protective packaging. Protective cases are equipped with features such as impact resistance, waterproof, chemical resistance, high-temperature resistance, and can withstand harsh climatic conditions.
Various end-use industries require a particular type of protective case to prevent critical components and products from being damaged. The need for safe and smooth transportation of products and equipment is projected to propel the demand for protective cases in the upcoming years.
North America and Europe together are estimated to account for nearly ⅔ of the global protective cases market by 2027. Furthermore, the Asia Pacific region is anticipated to witness maximum CAGR of 5.8 %, in terms of value, during the forecast period.
Innovation of 3D Printing Technology to Aid Manufacturing Process of Protective Cases
With rapid advancements in technology, 3D printing is revolutionizing the manufacturing of every product in various industries. It has allowed the industries to transform the way they operate. The 3D printing technology provides another level of design and development capabilities in the manufacturing of products.
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Since 3D printing does not require setup or tooling, it manufactures the product in lead times. As tooling or setup costs are eliminated in 3D printing, it enables production at low volumes to be economically viable. This technology can produce molded parts with high precision and surface finish. Using the 3D printing technology, protective case manufacturers can provide custom product offerings with high speed and greater efficiency. This technology has the great potential to aid the growth of the protective cases market over the forecast period.
Global Protective Cases Market Reshaping with Expansion of eCommerce
The global protective cases market is anticipated to unfold 1.3times by 2027, driven by the need for protective packaging and safer transit of the products. It is likely to grow at a CAGR of 4.6% over the forecast period.
North America is estimated to account for 35.8% of the global market share value and will continue to maintain it by 2027. Factors such as multiple designs and specifications as per end-use applications include military equipment, photography equipment, measuring equipment, medical equipment, etc. are driving the growth of the protective cases market. The rise of eCommerce that needs protective packaging is also a driver for the growth of the global protective cases market.
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Protective Cases Market: Competition Landscape
Key players in the protective cases market are focusing on acquisitions and premeditated expansions to maintain their lead across regions.
- In October 2021, Nefab Group AB has acquired Reflex Packaging Group, a global leader in sustainable thermoformed cushioning to strengthen its supply chain
- In April 2021, ZARGES to work with Corpuls as a strategic partner to develop Medical Equipment Transport Cases for German Armed Forces
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