Global Alkaline Battery Market 2021-2025
Technavio has been monitoring the alkaline battery market and it is poised to grow by $ 642.07 million during 2021-2025, progressing at a CAGR of over 1% during the forecast period. Our report on the alkaline battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in consumer spending, favorable characteristics of alkaline batteries, and increasing battery recycling regulations. In addition, an increase in consumer spending is anticipated to boost the growth of the market as well.
The alkaline battery market analysis includes the product segment and geographic landscape.
Technavio's alkaline battery market is segmented as below:
- Primary battery
- Secondary battery
By Geographic Landscape
- North America
- South America
This study identifies alkaline batteries replacing zinc-carbon batteries as one of the prime reasons driving the alkaline battery market growth during the next few years. Also, the development of recycled alkaline batteries and the increasing number of M&A activities in the primary battery market will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on alkaline battery market covers the following areas:
- Alkaline battery market sizing
- Alkaline battery market forecast
- Alkaline battery market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alkaline battery market vendors that include Battery Specialties, Camelion Battery Co. Ltd., Duracell Inc., Energizer Holdings Inc., FDK Corp., Gold Peak Industries Holdings Ltd., Maxell Holdings Ltd., Panasonic Corp., Toshiba Corp., and Zhejiang Mustang Battery Co. Ltd. Also, the alkaline battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.