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Global Consumer Batteries Strategic Analysis Report 2023: Market to Surpass $60 Billion by 2030 - Healthy Trajectory across Key Product Categories Sustains Progressive Growth - ResearchAndMarkets.com


The "Consumer Batteries - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Global Consumer Batteries Market to Reach $60.3 Billion by 2030

The global consumer batteries market, valued at US$45.1 Billion in 2022, is poised for significant growth, projected to reach US$60.3 Billion by 2030 at a CAGR of 3.7% during the period from 2022 to 2030.

This comprehensive report offers insights into this market, covering geographic regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. It provides independent assessments of annual sales figures and CAGR percentages, offering a 16-year perspective from 2014, 2023, to 2030.

The report delves into various battery chemistries, including primary alkaline, primary zinc carbon, primary lithium, secondary lithium-ion, secondary nickel metal hydride, and other battery chemistries. Among these segments, primary alkaline is anticipated to achieve a 2.4% CAGR, reaching US$15.1 Billion by the end of the analysis period, while primary zinc carbon is estimated to grow at a 0.3% CAGR over the next 8 years.

In 2022, the U.S. consumer batteries market is valued at US$8.7 Billion, with China, the second-largest economy globally, projected to reach US$15.4 Billion by 2030 at a CAGR of 5.4%. Japan and Canada are also noteworthy geographic markets, expected to grow at 2.1% and 3.1%, respectively, between 2022 and 2030. Within Europe, Germany is forecasted to achieve a 3.3% CAGR.

Furthermore, the report includes a competitive analysis of key market players such as Battery Technology Inc., BYD Company Ltd., and Panasonic Corp., providing valuable insights for businesses and investors in the consumer batteries industry.

What`s New?

MARKET OVERVIEW

MARKET TRENDS & DRIVERS

FOCUS ON SELECT PLAYERS

For more information about this report visit https://www.researchandmarkets.com/r/pqhwnz

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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