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Consumer Battery Trends and Forecast

The future of the global consumer battery market looks promising with opportunities in the personal care device, flashlight/lamp, power tool, mobile phone, toy, and remote control markets. The global consumer battery market is expected to reach an estimated $35 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are high adaption for portable electronic devices and technological advancements in the consumer battery.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Consumer Battery by Segment

The study includes a forecast for the global consumer battery by type, battery chemistry, application, and region.

Consumer Battery Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Primary
• Secondary

Consumer Battery Market by Battery Chemistry [Shipment Analysis by Value from 2018 to 2030]:

• Alkaline Battery
• Zinc-Carbon Battery
• Lithium-Ion Battery
• Nickel Cadmium Battery
• Nickel Metal Hydride
• Others

Consumer Battery Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Personal Care Devices
• Flashlights/Lamps
• Power Tools
• Mobile Phones
• Toys
• Remote Controls
• Others

Consumer Battery Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Consumer Battery Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies consumer battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the consumer battery companies profiled in this report include-
• Panasonic
• Duracell
• EVE Energy
• TianJin Lishen Battery Joint-Stock
• Renata Battery
• Suzhou South Large Battery
• PolyPlus

Consumer Battery Market Insights

  • Lucintel forecasts that primary will remain the larger segment over the forecast period as majority of small home appliances utilizes non-rechargeable batteries as their primary energy source.
  • Within this market, power tool is expected to witness the highest growth due to rising number of people prefers to stay at home and invest more time in enhancing their gardens and engaging in landscaping activities.
  • APAC will remain the largest region over the forecast period due to presence of numerous consumer battery manufacturing companies in the region.

Features of the Global Consumer Battery Market

Market Size Estimates: Consumer battery market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Consumer battery market size by type, battery chemistry, application, and region in terms of value ($B).
Regional Analysis: Consumer battery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, battery chemistry, applications, and regions for the consumer battery market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the consumer battery market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the consumer battery market size?
Answer: The global consumer battery market is expected to reach an estimated $35 billion by 2030.
Q2. What is the growth forecast for consumer battery market?
Answer: The global consumer battery market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the consumer battery market?
Answer: The major drivers for this market are high adaption for portable electronic devices and technological advancements in the consumer battery.
Q4. What are the major segments for consumer battery market?
Answer: The future of the consumer battery market looks promising with opportunities in the personal care device, flashlight/lamp, power tool, mobile phone, toy, and remote control markets.
Q5. Who are the key consumer battery market companies?
Answer: Some of the key consumer battery companies are as follows:
• Panasonic
• Duracell
• EVE Energy
• TianJin Lishen Battery Joint-Stock
• Renata Battery
• Suzhou South Large Battery
• PolyPlus

Q6. Which consumer battery market segment will be the largest in future?
Answer: Lucintel forecasts that primary will remain the larger segment over the forecast period as majority of small home appliances utilizes non-rechargeable batteries as their primary energy source.
Q7. In consumer battery market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to presence of numerous consumer battery manufacturing companies in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the consumer battery market by type (primary and secondary), battery chemistry (alkaline battery, zinc-carbon battery, lithium-ion battery, nickel cadmium battery, nickel metal hydride, and others), application (personal care devices, flashlights/lamps, power tools, mobile phones, toys, remote controls, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Consumer Battery Market, Consumer Battery Market Size, Consumer Battery Market Growth, Consumer Battery Market Analysis, Consumer Battery Market Report, Consumer Battery Market Share, Consumer Battery Market Trends, Consumer Battery Market Forecast, Consumer Battery Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary

2. Global Consumer Battery Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2: Global Consumer Battery Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Consumer Battery Market by Type
3.3.1: Primary
3.3.2: Secondary
3.4: Global Consumer Battery Market by Battery Chemistry
3.4.1: Alkaline Battery
3.4.2: Zinc-Carbon Battery
3.4.3: Lithium-Ion Battery
3.4.4: Nickel Cadmium Battery
3.4.5: Nickel Metal Hydride
3.4.6: Others
3.5: Global Consumer Battery Market by Application
3.5.1: Personal Care Devices
3.5.2: Flashlights/Lamps
3.5.3: Power Tools
3.5.4: Mobile Phones
3.5.5: Toys
3.5.6: Remote Controls
3.5.7: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Consumer Battery Market by Region
4.2: North American Consumer Battery Market
4.2.2: North American Consumer Battery Market by Application: Personal Care Devices, Flashlights/Lamps, Power Tools, Mobile Phones, Toys, Remote Controls, and Others
4.3: European Consumer Battery Market
4.3.1: European Consumer Battery Market by Type: Primary and Secondary
4.3.2: European Consumer Battery Market by Application: Personal Care Devices, Flashlights/Lamps, Power Tools, Mobile Phones, Toys, Remote Controls, and Others
4.4: APAC Consumer Battery Market
4.4.1: APAC Consumer Battery Market by Type: Primary and Secondary
4.4.2: APAC Consumer Battery Market by Application: Personal Care Devices, Flashlights/Lamps, Power Tools, Mobile Phones, Toys, Remote Controls, and Others
4.5: ROW Consumer Battery Market
4.5.1: ROW Consumer Battery Market by Type: Primary and Secondary
4.5.2: ROW Consumer Battery Market by Application: Personal Care Devices, Flashlights/Lamps, Power Tools, Mobile Phones, Toys, Remote Controls, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Consumer Battery Market by Type
6.1.2: Growth Opportunities for the Global Consumer Battery Market by Battery Chemistry
6.1.3: Growth Opportunities for the Global Consumer Battery Market by Application
6.1.4: Growth Opportunities for the Global Consumer Battery Market by Region
6.2: Emerging Trends in the Global Consumer Battery Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Consumer Battery Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Consumer Battery Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: Panasonic
7.2: Duracell
7.3: EVE Energy
7.4: TianJin Lishen Battery Joint-Stock
7.5: Renata Battery
7.6: Suzhou South Large Battery
7.7: PolyPlus



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150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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