Global Disposable Batteries Market 2020 Global Survey, In-depth Analysis, Emerging Technologies, Trends and Forecast by 2023

Global Disposable Batteries Market Overview

Market Research Future (MRFR) has recently published an exhaustive report on the global disposable batteries market. MRFR has projected a CAGR of 5.20% over the forecast period of 2018-2023. The report contains valuable insights into the market, which are supported by historical data as well as forecasts for the coming years.

In recent years, the use of electronic gadgets has witnessed a steep surge, creating a favorable environment for the growth of the disposable batteries market. Batteries are central to the use of many consumer electronics goods. Dry cell batteries experience huge demand from rural areas where continuous and unlimited electric supplies are not available. Disposable batteries are portable, small, have a longer shelf life, and are non-hazardous. Large influx of investments in the disposable battery space by market players signal future expansion of the disposable battery market. Aggressive R&D activities are being carried out to further develop disposable battery technology.

Global Disposable Batteries Market Segmentation

The Global Disposable Batteries Market has been segmented based on type and end-use.

By type, the disposable batteries market has been segmented into alkaline, nickel-cadmium, and others. The alkaline segment is leading the market. The growth of the segment can be credited to the high energy density of alkaline disposable batteries, which allows them to produce massive amounts of energy for a prolonged period. Moreover, longer life span also acts as an advantage.

By end-use, the disposable batteries market has been segmented into consumer electronics, automotive, industrial, medical, military & defense, and others. The consumer electronic segment is leading the market on account of surging use of disposable batteries in daily use gadgets.

Regional Analysis

Region-wise, the disposable batteries market has been segmented into North America, the Middle East & Africa (MEA), South America, Asia Pacific (APAC), and Europe.

APAC captured the largest share of the market in 2017 and is anticipated to be the fastest-growing disposable market as well. High sales of consumer electronics products in the region has spurred the demand for disposable batteries. China and Vietnam are at the forefront of disposable batteries market as they produce batteries at less cost.

Competitive Landscape

Battco (US), Liebherr Group (Switzerland), Rayovac (US), Nbcell Battery (China), GP Batteries Intl (Singapore), Panasonic Corporation (Japan), Southwest Electronic Energy Group (US), Everyday Battery Company (US), Energizer Battery, Inc. (US), Sony (Japan), and Duracell Batteries Ltd (US) are the key players in the disposable batteries market.

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