Global Market for Consumer Batteries
Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- The "Consumer Batteries: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Consumer Batteries estimated at US$45.1 Billion in the year 2022, is projected to reach a revised size of US$60.3 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.
Primary Alkaline, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach US$15.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Primary Zinc Carbon segment is readjusted to a revised 0.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.7 Billion, While China is Forecast to Grow at 5.4% CAGR
The Consumer Batteries market in the U.S. is estimated at US$8.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.4 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.5 Billion by the year 2030.
Select Competitors (Total 112 Featured) -
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Battery Technology Inc.
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BYD Company Ltd.
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Duracell Inc.
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Electrochem Automation Inc.
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Energizer Holdings, Inc.
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FDK Corp.
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Jiangmen TWD Technology Co., Ltd.
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LG Chem
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Maxell Holdings, Ltd.
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Panasonic Corp.
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Samsung SDI Co. Ltd.
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Spectrum Brands, Inc.
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Tohoku Murata Manufacturing Co., Ltd.
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Tronic Technology Global Ltd.
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Ultralife Corp.
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VARTA Consumer Batteries GmbH & Co. KGaA
What`s New for 2023?
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Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
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Global competitiveness and key competitor percentage market shares
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Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and Research Platform
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Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 559 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $45.1 Billion |
| Forecasted Market Value (USD) by 2030 | $60.3 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Battery: An Introduction
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Evolution of Battery over the Years: A Snapshot
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Major Applications in Conjunction with Historical Developments
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Consumer Batteries: Designed to Power Small, Portable Devices
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Widely Used Consumer Batteries by Size: A Snapshot
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A Brief Overview of Key Consumer Battery Types by Chemistry
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Primary Alkaline Batteries
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Primary Zinc Carbon (Zn-C) Batteries
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Primary Lithium Batteries
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Secondary Lithium Ion Batteries
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A Comparative Review of Key Properties of Different Li-ion Batteries
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Li-Ion vs Ni-MH vs Ni-Cd: Key Technical Aspects
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Secondary Nickel-Metal Hydride (Ni-MH) Batteries
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Other Types
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Consumer Batteries: Current Market Scenario and Outlook
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While Developed Regions Remain Primary Revenue Contributors, Developing Regions Exhibit Fast Paced Growth
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World Consumer Batteries Market (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
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World Consumer Batteries Market - Geographic Regions Ranked by CAGR (Revenues) for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, Europe, Canada, Japan, and USA
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Emerging Technologies Offer Growth Opportunities
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Market Dynamics Influenced by Economic Scenario
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Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
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Consumer Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Hearing Aid Battery Market Share Breakdown of Key Players: 2019
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Key Industry Activities (2017-2019)
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Impact of Covid-19 and a Looming Global Recession