Market Overview:
The global third party replacement strap for Apple Watch market is expected to register a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for customized straps and rising awareness about the benefits of using third party replacement straps. Based on type, the global third party replacement strap for Apple Watch market has been segmented into 38mm/40mm and 42mm/44mm segments. The 38mm/40mm segment is expected to account for a larger share of the market in 2018, owing to its growing popularity among consumers. Based on application, the maintenance segment is expected to account for a larger share of the global third party replacement strap for Apple Watch market in 2018. This can be attributed to increasing demand from consumers who want their watches fixed quickly and without any hassle. However, with technological advancements being made in this domain at a rapid pace, it is likely that individualized needs will emerge as one of key application areas over time.
Product Definition:
Third Party Replacement Strap for Apple Watch is a replacement strap that is not made by Apple. It is often less expensive than the official straps from Apple, and may come in different colors or styles. A Third Party Replacement Strap for Apple Watch can be important because it can allow users to customize their watch in a way that the official straps from Apple do not allow.
For 38mm/40mm:
For 38mm/40mm, it's usage and growth factor in Third Party Replacement Strap for Apple Watch market is expected to grow at a significant rate over the forecast period. The For 38mm/40mm, it's used in making bands for apple watch which are sold as replacement straps. They are made of high quality material and provide better comfort to wrist while using apple watch.
For 42mm/44mm:
For 42mm/44mm is a term used for the size of Apple Watch straps. It's basically used to identify any wristwatch or strap that has been designed to fit around a 42 mm or 44 mm diameter wrist. The For42mm/For44mm designation was created by Apple Inc., and it's an official channel, through which only approved bands can be purchased.
Application Insights:
The individualized needs application segment held the largest share of over 60.0% in 2017. The segment is driven by growing demand for replacement straps from individuals who have special requirements, such as wider and sturdier straps suitable for work or heavy activities. These types of replacement bands are also preferred by people with disfigurements or skin conditions that may make standard wristbands uncomfortable to wear due to excessive sensitivity towards friction.
The maintenance application is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030 owing to rising demand for replacing worn out original Apple Watch bands with new replacements bands due largely in part because these products are more durable than standard wristbands.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well due to increasing product demand and awareness about third party straps among consumers. In addition, presence of a large number of manufacturers coupled with easy availability of raw materials such as nylon is also expected to drive regional growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising disposable income and improving lifestyle among middle-class income groups in countries including China, India, Thailand and Indonesia. Furthermore, growing popularity for sports activities amongst these groups will fuel product adoption further driving industry expansion opportunities for third parties across this region during the same period.
Growth Factors:
- Increased demand for Third Party Replacement Straps for Apple Watch from consumers due to the high price of Apple's own straps and a lack of variety in colors and styles.
- More affordable options for Third Party Replacement Straps for Apple Watch becoming available as the market grows, making it more accessible to a wider range of consumers.
- The launch of new models of the Apple Watch with different strap sizes, which would create opportunities for new brands and products to enter the market.
- A growing trend among fashion-conscious consumers towards using interchangeable watch straps to express their personal style, driving demand for Third Party Replacement Straps for Apple Watch .
Scope Of The Report
Report Attributes
Report Details
Report Title
Third Party Replacement Strap for Apple Watch Market Research Report
By Type
For 38mm/40mm, For 42mm/44mm
By Application
Maintenance, Individualized Needs
By Companies
Wristcam, Clockwork Synergy, DaLuca Aereon, Strapple Crocodilus, Monowear, Shinola, Juuk, Survival Strap, Colebrook, Southern Straps
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Third Party Replacement Strap for Apple Watch Market Report Segments:
The global Third Party Replacement Strap for Apple Watch market is segmented on the basis of:
Types
For 38mm/40mm, For 42mm/44mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Maintenance, Individualized Needs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wristcam
- Clockwork Synergy
- DaLuca Aereon
- Strapple Crocodilus
- Monowear
- Shinola
- Juuk
- Survival Strap
- Colebrook
- Southern Straps
Highlights of The Third Party Replacement Strap for Apple Watch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- For 38mm/40mm
- For 42mm/44mm
- By Application:
- Maintenance
- Individualized Needs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Third Party Replacement Strap for Apple Watch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Third party replacement straps are a type of strap that is designed to be used with the Apple Watch. These straps are made from different materials, including leather, silicone, and other types of materials. They come in many different colors and styles, and they can be customized to fit the individual needs of each user. Third party replacement straps are a great option for people who want to customize their Apple Watch experience in unique ways.
Some of the major companies in the third party replacement strap for apple watch market are Wristcam, Clockwork Synergy, DaLuca Aereon, Strapple Crocodilus, Monowear, Shinola, Juuk, Survival Strap, Colebrook, Southern Straps.
The third party replacement strap for apple watch market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Third Party Replacement Strap for Apple Watch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Third Party Replacement Strap for Apple Watch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Third Party Replacement Strap for Apple Watch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Third Party Replacement Strap for Apple Watch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Third Party Replacement Strap for Apple Watch Market Size & Forecast, 2018-2028
4.5.1 Third Party Replacement Strap for Apple Watch Market Size and Y-o-Y Growth
4.5.2 Third Party Replacement Strap for Apple Watch Market Absolute $ Opportunity
Chapter 5 Global Third Party Replacement Strap for Apple Watch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
5.2.1 For 38mm/40mm
5.2.2 For 42mm/44mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Third Party Replacement Strap for Apple Watch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
6.2.1 Maintenance
6.2.2 Individualized Needs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Third Party Replacement Strap for Apple Watch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Third Party Replacement Strap for Apple Watch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Third Party Replacement Strap for Apple Watch Analysis and Forecast
9.1 Introduction
9.2 North America Third Party Replacement Strap for Apple Watch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
9.6.1 For 38mm/40mm
9.6.2 For 42mm/44mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
9.10.1 Maintenance
9.10.2 Individualized Needs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Third Party Replacement Strap for Apple Watch Analysis and Forecast
10.1 Introduction
10.2 Europe Third Party Replacement Strap for Apple Watch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
10.6.1 For 38mm/40mm
10.6.2 For 42mm/44mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
10.10.1 Maintenance
10.10.2 Individualized Needs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Third Party Replacement Strap for Apple Watch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Third Party Replacement Strap for Apple Watch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
11.6.1 For 38mm/40mm
11.6.2 For 42mm/44mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
11.10.1 Maintenance
11.10.2 Individualized Needs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Third Party Replacement Strap for Apple Watch Analysis and Forecast
12.1 Introduction
12.2 Latin America Third Party Replacement Strap for Apple Watch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
12.6.1 For 38mm/40mm
12.6.2 For 42mm/44mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
12.10.1 Maintenance
12.10.2 Individualized Needs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Third Party Replacement Strap for Apple Watch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Third Party Replacement Strap for Apple Watch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Third Party Replacement Strap for Apple Watch Market Size Forecast by Type
13.6.1 For 38mm/40mm
13.6.2 For 42mm/44mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Third Party Replacement Strap for Apple Watch Market Size Forecast by Applications
13.10.1 Maintenance
13.10.2 Individualized Needs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Third Party Replacement Strap for Apple Watch Market: Competitive Dashboard
14.2 Global Third Party Replacement Strap for Apple Watch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wristcam
14.3.2 Clockwork Synergy
14.3.3 DaLuca Aereon
14.3.4 Strapple Crocodilus
14.3.5 Monowear
14.3.6 Shinola
14.3.7 Juuk
14.3.8 Survival Strap
14.3.9 Colebrook
14.3.10 Southern Straps
