Global Alkaline Battery Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Alkaline Battery Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Alkaline batteries, also known as alkaline zinc-manganese batteries and alkaline manganese batteries, refer to primary batteries that use alkaline battery-specific electrolytic manganese dioxide and other materials as the positive electrode, zinc and other materials as the negative electrode, and potassium hydroxide as the electrolyte. It has high energy density and performs well at both ambient and cryogenic conditions. It has low leakage rate, longer life and better dimensional stability. This type of battery is commonly used in a variety of devices such as remote controls, flashlights, digital cameras, and other portable electronic devices. Overall, alkaline batteries are a type of chemical battery in which the electrolyte is alkaline, making them suitable for many everyday uses.

Market Overview:

The latest research study on the global Alkaline Battery market finds that the global Alkaline Battery market reached a value of USD 7790.46 million in 2023. It’s expected that the market will achieve USD 9961.88 million by 2029, exhibiting a CAGR of 4.18% during the forecast period.

With the increasing development of science and technology, portable electronic products, power tools, etc. are more and more widely used in social life. As an indispensable consumer product in people's lives, batteries are used in communications, transportation, industry, medical care, household appliances, aerospace and It plays an important role in military equipment and equipment. Whether in my country or around the world, the technology and industrial development of the battery industry has always been in a rapid and sustainable development momentum. Alkaline battery is a widely used disposable battery with the characteristics of wide application range, easy use and high stability. In recent years, with the improvement of people's living standards and the continuous advancement of science and technology, the demand for alkaline batteries has been increasing. In the medium and long term, alkaline batteries have the advantages of unified standard models, plug-and-play, long discharge time, and high cost performance. They are difficult to be replaced by other batteries in many scenarios. At the same time, as consumption upgrades, downstream application scenarios continue to expand. , from traditional fields such as daily household appliances and electric toys to emerging fields such as smart homes, home medical equipment, smart wearable devices, and military electronic equipment, market demand is expected to stabilize.

Analysis of development prospects of alkaline battery industry

The global zinc-manganese battery market has stabilized in size, alkaline zinc-manganese batteries have outstanding performance, and the industry's alkaline development trend is clear. Zinc-manganese batteries are divided into alkaline and carbon batteries. Carbon batteries were invented earlier and have low production costs, but they have small capacity, large internal resistance, and low stability. Alkaline manganese batteries are developed on the basis of carbon batteries. Alkaline batteries of the same type are 2-3 times more expensive than carbon batteries, but their efficiency is 5-7 times higher. Alkaline batteries are compared to carbon batteries. It has the advantages of longer storage period, lower internal resistance, better low-temperature performance, higher raw material utilization rate, and better low-current discharge performance, and is more suitable for long-term discharge situations. In the context of energy conservation and environmental protection, the development trend of alkalinization in the industry is clear, and the alkalinization rate continues to increase.

main problem

One of the challenges of the alkaline battery market is its limited applications compared to other battery technologies such as lithium batteries, which ultimately limits the overall scope of market growth. These batteries are primarily used in low-power applications including remote controls, toys, and alarm clocks. Apart from this, market growth is also hampered by several limitations of alkaline batteries, including larger size, higher internal resistance, and leakage/damage. Apart from this, players in the global alkaline battery market will also face several challenges during this growth phase. For example, raw material prices are expected to rise, which will put pressure on profit margins. Additionally, the industry is highly competitive and companies need to invest in research and development to stay ahead of the competition. With the continuous advancement of science and technology, the company's products are at risk of being substituted, which may have an adverse impact on its production and operations.

Region Overview:

In 2022, the market share of North America will be 39.29%.

Company Overview:

Duracell
Duracell is a manufacturer of high-quality alkaline batteries, specialty batteries and rechargeable batteries. Duracell was founded in the United States in 1940 and is trusted by customers for its compact and long-lasting batteries.
Energizer Holdings
Energizer Holdings, Inc., headquartered in St. Louis, Missouri, USA, is one of the world's largest manufacturers of primary batteries and portable lighting products and owns the world-renowned brands Energizer, EVEREADY, Rayovac and VARTA. Energizer is also a leading designer and marketer of automotive fragrance and appearance products, with well-known brands including A/C Pro, Armor All, Bahama & Co., California Scents, Driven, Eagle One, LEXOL, Nu Finish, Refresh Your Car! , and STP.

Duracell Enterprises is one of the major players in the market, holding 27.18% market share in 2023.

Segmentation Overview:

By type, the AA battery segment held the largest market share in 2022.

Application Overview:

By application, the home appliances application market accounted for the largest market share in 2022.

Key Companies in the global Alkaline Battery market covered in Chapter 3:

NANFU Battery
GP Batteries International
Chung Pak
VARTA
Zheijiang Mustang
Energizer Holdings
Changhong
Guangdong Liwang New Energy Co., Ltd.
Panasonic
Duracell

In Chapter 4 and Chapter 14.2, on the basis of types, the Alkaline Battery market from 2019 to 2030 is primarily split into:

AA Battery
AAA Battery
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Alkaline Battery market from 2019 to 2030 covers:

Home Appliances
Consumer Electronics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)