Global Alkaline Battery Market 2024-2028
The alkaline battery market is forecasted to grow by USD 2.18 bn during 2023-2028, accelerating at a CAGR of 4.44% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in consumer spending on electronics, favorable characteristics of alkaline batteries, and increasing regulations related to battery recycling.
Technavio's alkaline battery market is segmented as below:
By Application
- Consumer electronics
- Toys and radios
- Remote control
- Others
By Product
- Primary battery
- Secondary battery
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the alkaline batteries replacing zinc carbon batteries as one of the prime reasons driving the alkaline battery market growth during the next few years. Also, development of recyclable alkaline batteries and increasing number of mergers and acquisitions in primary battery market will lead to sizable demand in the market.
The report on the alkaline battery market covers the following areas:
- Alkaline battery market sizing
- Alkaline battery market forecast
- Alkaline battery market industry analysis
The 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., Dongguan Large electronics Co Ltd., Dorcy International Inc., Energizer Holdings Inc., Eveready Industries India Ltd., FDK Corp., Fujian Nanping Nanfu Battery Co Ltd., Gold Peak, Kyoto Japan Tire Group, Maxell Holdings Ltd., Panasonic Holdings Corp., PMBL Ltd., Shenzhen PKCELL Battery Co Ltd., Spectrum Brands Holdings Inc., The Duracell Co., Toshiba Corp., UPERGY, VARTA AG, 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.
The publisher 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.