Research and Markets: A China Sourcing Report on iPod Accessories - Anticipated Growth in Export Sales Will See Suppliers Expanding Production Capacity in the Coming Months
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/7be14f/china_sourcing_rep)
has announced the addition of the "China Sourcing Report: iPod
Accessories" report to their offering.
Based on in-factory tours
China's iPod accessory makers are poised to continue ramping up
production to meet the skyrocketing demand of this $1.8 billion
market.
Riding on Apple's market-dominating portable digital player,
makers quick to catch the new iPhone trend are in for a larger market
opportunity. In the pipeline are compact, slim and stylish designs as
well as accessories offering wireless connectivity and in-vehicle
applications.
Secure your supply of iPod accessories from quality suppliers
throughout China. Your very own copy of this Global Sources report
will help you:
- Determine which makers are improving product performance of
electronic accessories by using quality components such as inner
magnets, speaker membranes and main controller IC chipsets
- Find out which vendors of non-electronic accessories are focused
on developing stylish and intricate designs, and using scratch- and
water-resistant materials
- Discover which suppliers serve the world's leading brands such
as Carrefour, Wal-Mart and Best Buy
With profiles of 37 suppliers, 132 products and a comprehensive
overview of China's iPod accessories market, this report will answer
all these questions...and MORE.
What you'll get:
- In-depth profile tables for 37 leading China-based manufacturers
-- detailing their background, manufacturing and export strengths, R&D
plans and more. Based on factory visits and personal interviews with
senior managers, this information is not available anywhere else
- A gallery of the 132 most popular export models complete with
full-color photographs and top-line specifications
- The results of Global Sources' latest supplier survey,
forecasting production, export and R&D trends for the next 12 months
- Lists of the top 10 exporters for each type of product covered
in this report: FM transmitters & adapters, cables & chargers, docking
stations & speakers, and non-electronic iPod accessories
- A price guide that lists specific features and functions buyers
can expect per price range
- An easy-to-use table of verified contact details -- including
contact person, phone numbers, email addresses and website URLs -- to
help you reach the makers featured in this report
Executive Summary:
With at least $1 spent on an accessory for every $3 spent on an
iPod, it is not surprising that the iPod accessory industry has
experienced dramatic growth since the launch of Apple's
market-dominating portable digital player. Based on industry
estimates, the iPod accessory market is worth $1.8 billion per year.
However, severe competition (particularly in the non-electronic
product segment) has weeded out many small-scale makers in the past
year, reducing the number of suppliers in China to just more than 250.
Some makers have also shifted production to other consumer electronics
with better profit margins.
Furthermore, global shipments of iPods are expected to reach a
saturation point in 2008, after crossing the 100 million mark in 2007.
The slowdown in iPod sales will have a negative impact on the demand
for related accessories. China suppliers also face challenging
external factors such as the strengthening yuan, labor cost increases
and rising cost of raw materials and electronic components.
Of greater concern to suppliers is the prediction that sales of
Apple's new iPhone will cannibalize iPod sales. However, since iPhone
uses the same 30-pin dock connector as iPod, a wide range of iPod
accessories is also compatible with iPhone. This presents a larger
market opportunity for many iPod accessory makers.
Due to the fragmented nature of product lines covered by the
industry, no official export data is available from China. On the
whole, export sales will continue to grow in 2008, driven by an
increase in the demand for iPod accessories worldwide.
The following are some of the key trends that we see in China's
iPod accessory industry:
- Following price reductions in the past two years, export quotes
are likely to go up in the coming months mainly due to increased
manufacturing costs
- In anticipation of export sales growth, many surveyed suppliers
will expand production capacity in the coming months, with the
majority planning expansion of 20 to 50 percent
- New products will have compact, slim and stylish designs. More
models with wireless connectivity and in-vehicle applications are also
in the pipeline
- The US remains the largest export market. However, the economic
slowdown in the US is increasingly driving suppliers to focus on other
markets in the EU and Asia
Key Topics Covered:
- Industry Overview 7
- Products & Prices
- Supplier Survey
- Supplier Profiles
- Product Gallery
For more information visit
http://www.researchandmarkets.com/research/7be14f/china_sourcing_rep
Source: Global Sources
Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com
Copyright Business Wire 2008
