- Request Covid Impact
- Table of Content
- List of Companies
- Inquiry Before Buying
- Request for Customization
“Global Battery Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global battery packaging market report has been segmented on the basis of type of battery, level of packaging, and region.
Battery Packaging Market: Introduction
Battery packaging is a set of same as well as different types of batteries or individual cells of battery. Batteries are configured in series, parallel, or mixture of both to allocate desired voltage, capacity, or power density. Battery packaging offer various benefits is ease of swapping into or out of packaging device. Moreover, additional benefits include flexibility of design and implementation, which will allow to use cheaper high production cells or batteries.
Battery packaging manufacturers are emphasizing on safe packaging solutions in order to avoid the chemical leakage. Safe battery packaging solutions offer high preference as higher energy, higher is risk factor for the chemical leakage. Battery packaging solutions including blister packaging, corrugated packaging, bliss boxes, and strip packaging have witnessed augmented penetration in the global market.
Battery Packaging Market: Dynamics
Rising demand for the batteries from sustainable energy sector and increasing awareness among individuals towards zero emission vehicles are major factors expected to drive the global market growth. Rising demand for battery packaging products such as lithium-ion battery and lead-acid battery is a key factor estimated to drive the target market growth. In addition, increasing adoption of battery packaging products in transportation packaging sector is factor expected to support revenue growth of the global market.
Increasing penetration of the batteries in various prominent end-user industries, has led to increase adoption of safe battery packaging solutions. In addition, battery packaging producers are focusing on customizable batteries packaging solutions depending upon size requirement. These are other factors projected to drive the target market growth.
However, low efficiency and high cost of sustainable technologies is a key factor estimated to restraint growth of the global market.
Battery Packaging Market: Segmental Analysis
On the basis of type of battery segments, the lithium-ion battery segment is expected to register moderate revenue share in the global battery packaging market. This is attributed to rising awareness and increasing adoption of alternative energy sources and electric vehicles to control increasing carbon footprint. The lithium-ion battery segment revenue is projected to register fastest CAGR in the next few years.
On the basis of level of packaging segments, the cell & pack packaging segment is estimated to register moderate revenue share in the global battery packaging market. The cell & pack packaging segment revenue is projected to register largest CAGR.
Battery Packaging Market: Regional Analysis
The North America battery packaging market is expected to account for moderate revenue share in the global market. Asia Pacific market is projected to register highest growth in terms of revenue over the next few years, owing to increasing acceptance of battery packaging products in various industrial sectors. In addition, in Asia Pacific has huge investments in renewable energy generation sector, which further expected increase consumption of batteries. This in turn expected to support revenue growth of Asia Pacific market.
Global battery packaging market segmentation:
Segmentation by type of battery:
- Lithium-ion battery
- Lead-acid battery
Segmentation by level of packaging:
- Cell & Pack Packaging
- Transportation Packaging
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Nefab AB
- United Parcel Service, Inc.
- DHL International GmbH
- ZARGES GmbH
- Heitkamp & Thumann KG
- FedEx Corporation
- Rogers Corporation
- DS Smith Plc
- Smurfit Kappa Group plc
- Umicore S.A.
Request for TOC
Don't just take our word. We are trusted by these great companies!