USD 8.92 billion
Disposable Batteries Market Size, Share, Growth Analysis, By Type(Alkaline, Nickel-cadmium, and Others), By End-user(Consumer Electronics, Automotive, Industrial, Medical and Defense), By Size(AA, AAA, 9 volts, and Others), By Product(Primary and Secondary), By Application(Remote Control, Consumer Electronics, Toys & Radios, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15A2412 |
Region:
Global |
Published Date: March, 2024
Pages:
157
|Tables:
146
|Figures:
74
Disposable Batteries Market Insights
Global Disposable Batteries Market size was valued at USD 8.92 billion in 2022 and is poised to grow from USD 9.13 billion in 2023 to USD 11.04 billion by 2031, growing at a CAGR of 2.4% in the forecast period (2024-2031).
The global disposable batteries market is expected to grow significantly across the globe, owing to the increasing adoption of electronic devices, during the forecast period. In addition, technological advances have changed the use of electronic devices. Disposable batteries are used to power small portable electronic devices such as laptops, power tools, video game systems, cell phones, remote controls, and similar devices that must be supplied with power cables with no energy Also, this battery has a stronger discharge than other batteries - for better resistance and energy density. These trends are expected to drive the global disposable batteries market.
Disposable batteries are non-rechargeable electric cells that use non-renewable chemicals to produce energy. Special batteries are sometimes referred to as disposable batteries. Disposable batteries are small, lightweight and long lasting. The use of electronic devices has expanded significantly in recent years, leading to growth in the global disposable battery industry. These batteries are in high demand because they can be used in various consumer electronics applications.
Dry cell batteries, commonly known as disposable batteries, contain electrochemical cells that store energy in an inert electrolyte paste to reduce water deficit. Alkaline nickel and cadmium batteries are the most common type of disposable battery. Disposable batteries are important because they consume a lot of energy, last a long time, and are expensive and unsafe.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
9-volt
Fastest Growth
Growth Rate
2.4% CAGR
Global Disposable Batteries Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Disposable Batteries Market Segmental Analysis
Based on the type, the market is classified into alkaline, nickel-cadmium, and others. Based on the end-user, the global market is classified into consumer electronics, automotive, industrial, medical and defense, and military. Based on the size, the market is segmented into AA, AAA, 9 volts, and others. Based on product, this industry is segmented into the type of primary and secondary. Based on the application, the market is segmented into remote control, consumer electronics, toys & radios, and others. The global disposable battery market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Analysis by Size
The AA segment leads the market due to its high storage capacity and durability. The AAA segment is also growing rapidly due to the rise of applications in small and portable devices, including MP3 players, TV remote controls, digital cameras, and others.
The 9-volt segment is projected to account for more market share due to its size in walkie-talkies, alarm clocks, smoke detectors, electronic parking meters, and other consumer electronics while another segment will also show an increase in market share. This includes C, D, N and button batteries for medical, industrial, warfare, military, and other industries. It will drive demand for alkaline batteries in the global market.
Analysis by Product
The primary battery segment accounted for the largest market share by 2022. Increasing demand for electronic components and increasing expenditure led to the growth of the primary battery segment owing to its dominance by consumption of non-rechargeable batteries due to a large application in electronics and home appliances.
However, increasing demand for applications such as watches, alarm clocks, flashlights, cameras, lanterns etc. may see a steady growth for the secondary segment hence increasing consumer spending with electronics high demand will further accelerate the demand for alkaline batteries especially in the global market.
Global Disposable Batteries Market By Size
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Disposable Batteries Market Regional Insights
Largest market share in Asia-Pacific is 41% by 2022. During the forecast period. In Asia-Pacific, China dominates the disposable battery market. It is expected to continue its dominance over the forecast period owing to the growing disposable batteries market in the country. Asia-Pacific accounted for the largest share of the global market, as the demand for consumer electronics in this region, especially in China and India, has increased. The Asia Pacific area held the most important marketplace percentage accounting for 41% in 2022. Consumer electronics are in robust call for throughout the vicinity, mainly in China, India, and Japan, that's anticipated to pressure the disposable battery marketplace growth within the Asia Pacific for the duration of the projected duration. In the Asia Pacific area, China controls the disposable battery market. Due to the United States of America's growing client electronics industry, it is expected to keep its supremacy for the duration of the forecast duration.
The North America region is expected to witness a notable growth at a CAGR of 4.8% during the forecast period. The company's growth has been driven by rapid growth in consumer electronics and acquisition of medical supplies in the United States and Canada. Due to the U.S. using a high volume of medical and electronic devices, the region is expected to have a significant impact on the industry during the forecast period. The market is expected to grow significantly throughout the forecast period. North America is the fastest growing region in the global disposable battery market, as Europe is expected to witness steady growth owing to increasing demand for battery devices in this region due to electronics and medical devices widely used in the US.
Global Disposable Batteries Market By Region
- Largest
- Fastest
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Disposable Batteries Market Dynamics
Drivers
Rising Advantages of Disposable Batteries to Boost Growth
- Rechargeable batteries have a shorter life than disposable batteries. Rechargeable batteries will last twice as long as disposable alkaline batteries. Disposable batteries are therefore suitable for low water resistance devices. Consequently, the longevity trend is primarily driving the growth of the market across the globe. Users choose disposable batteries because they are cheaper than rechargeable batteries. Because rechargeable batteries can be reused repeatedly, the cost of rechargeable batteries is much higher. Consequently, the disposable battery market is anticipated to come due to a decline in disposable battery prices during the forecast period.
Restraints
Increased Environmental Awareness among People
- Growing environmental awareness is expected to restrain the disposable batteries market during the forecast period. These batteries are only used once before being thrown in landfills. Disposable batteries pose a waste hazard because they contain heavy metals and strong acids. Governments around the world are imposing stricter regulations on hazardous waste disposal. Consequently, increasing environmental awareness is expected to restrain the global disposable battery market throughout the forecast period.
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Disposable Batteries Market Competitive Landscape
The competitive environment of the global Disposable Batteries market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. The global market competitive landscape provides detailed information from competitors. Detailed information includes company overview, company financials, earnings, market potential, investment in research and development, new market strategy, global presence, manufacturing regions and locations of production, manufacturing capacity, company strengths and weaknesses, product launches, product expansion and expansion, application authority.
Top Player’s Company Profiles
- Duracell Batteries Ltd.
- Energizer Battery, Inc.
- Panasonic Corporation
- GP Batteries Intl
- Everyday Battery Company
- Rayovac
- Nbcell Battery
- Battco
- Sony
- Southwest Electronic Energy Group
- Liebherr Group
- Eveready Industries India Ltd.
- GPB International Limited
- Camelion Batterien GmbH
- Maxell Holdings Ltd.
- FDK Corporation
Recent Developments
- December 2020 - Anchor Innovations, a global leader in mobile charging and consumer electronics, launches the Anchor Charging Dock. It’s a docking station optimized for charging Oculus Quest 2 headsets and Touch controllers. With this, customers can plug in Touch controllers with Anker’s included 1800mAH alkaline rechargeable batteries; Quest 2 users will be able to plug the controllers into the dock. The dock powers all controllers and VR headsets in just 2.5 hours.
- September 2020 – IKEA announces plans to stop selling non-rechargeable alkaline batteries altogether starting next year. The move comes after IKEA’s commitment to encourage people to live healthier and more sustainable lives at home. Thus, by October 2021, all non-rechargeable alkaline batteries will be phased out of its global domestic stock.
- In December 2021, Indian oil major IOC has set up an electric vehicle (EV) battery swapping unit at its petrol stations, saying it will replace hard-charged batteries with dead batteries in just a few minutes.
Disposable Batteries Key Market Trends
Increasing Use of Disposable Batteries
- The global disposable batteries market is predicted to grow at a significant pace during the forecast period. Increasing use of disposable batteries in everyday appliances, long life span and environmental impact of these batteries are some of the key factors that are predicted to drive the global market take about disposable batteries Frequent disposal of batteries in everyday devices such as wall clocks, TV remote controls, internal radios and sporting goods Consumables are available. Thus, the widespread adoption of these devices increased the demand for disposable batteries worldwide. Alkaline batteries last for five to ten years while carbon-zinc batteries have a life of three to five years.
Disposable Batteries Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global disposable batteries market is expected to grow significantly in the coming years. Increasing use of disposable batteries in everyday appliances, long life span and environmentally friendly nature of these batteries are some of the key factors that are going to drive the global disposable batteries market has been introduced but increased awareness of environmental protection is expected to restrain the global disposable battery market. Batteries are used only once and subsequently disposed of in landfills. Moreover, these batteries use heavy metals and strong acids, making them hazardous waste. Governments across the world are imposing stringent policies on hazardous waste disposal and the rise in environmental awareness is expected to curb the disposable batteries market.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 8.92 billion |
| Market size value in 2031 | USD 11.04 billion |
| Growth Rate | 2.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Disposable Batteries Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Disposable Batteries Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Disposable Batteries Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Disposable Batteries Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Disposable Batteries Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Disposable Batteries Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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