Disposable Batteries Market Overview:
Disposable Batteries Market is expected to grow at ~ 5.20% CAGR during the forecast period.
Disposable batteries, also known as dry batteries, are non-rechargeable batteries with high energy density and an extended life span. In these batteries, the cathode and anode are made of manganese oxide zinc powder, respectively. Their electrolytes are made of potassium hydroxide. After a while, the reaction created during energy production corrodes the anode and prevents further reactions, resulting in a dead battery. End users prefer these batteries as they are convenient to use and are less expensive compared to rechargeable batteries.
This report provides an in-depth analysis of the global disposable batteries market, tracking two market segments across five geographic regions. The report studies key market players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the disposable batteries market by its type, end-use, and region.
On the basis of type, the market is segmented as alkaline and nickel-cadmium. The alkaline sub-segment is expected to dominate the market during the forecast period as these batteries are widely used in the daily use gadgets due to their long shelf-life and environment-friendly nature. Moreover, these batteries are majorly used in household items such as MP3 players, clock, CD players, lights, remotes, and radios.
Report Attribute/Metric
Details
CAGR
5.20% CAGR (2022-2030)
Base Year
2021
Forecast Period
2022 to 2030
Historical Data
2019 & 2020
Forecast Units
Value (USD Million)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Type, End-Use
Geographies Covered
North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Market Research Analysis
Asia-Pacific is expected to be the fastest growing market for disposable batteries, globally, during the forecast period.
Region wise, in 2017, Asia-Pacific held the largest market share of the global disposable batteries market. It is estimated that Asia-Pacific would be the largest market during the forecast period, owing to the increasing demand for consumer electronics products in countries, such as India, China, US, and Japan.
Read More@ https://www.marketresearchfuture.com/reports/disposable-batteries-market-7587
Market Segmentation:
By Type
- Alkaline
- Nickel-Cadmium
- Others
By End-Use
- Consumer Electronics
- Industrial
- Automotive
- Medical
- Military & Defense
- Others
By Region
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
Key Players
Some of the key players in the global disposable batteries market are Duracell Batteries Ltd (US), Energizer Battery, Inc. (US), Panasonic Corporation (Japan), GP Batteries Intl (Singapore), Everyday Battery Company (US), Rayovac (US), Nbcell Battery (China), Battco (US), Sony (Japan), Southwest Electronic Energy Group (US), and Liebherr Group (Switzerland).
