Global Consumer Battery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Primary, Secondary.

By Battery Chemistry;

Alkaline Battery, Zinc Carbon Battery, Lithium-ion Battery, Nickel Cadmium Battery, Nickel Metal Hydride, and Others.

By Application;

Personal Care Devices, Flashlights/Lamps, Power Tools, Mobile Phones, Toys, Remote Controls, Cameras, Tablets, Portable Power Banks, Hearing Aids, Radios, Security Devices, Laptops, Smoke Detectors, Smart Watches, Calculators, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn502364187 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Consumer Battery Market (USD Million), 2021 - 2031

In the year 2024, the Global Consumer Battery Market was valued at USD 20,801.00 million. The size of this market is expected to increase to USD 35,649.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The global consumer battery market has experienced significant growth in recent years, driven by the increasing demand for portable electronic devices, electric vehicles (EVs), and renewable energy storage solutions. Batteries are essential components in a wide range of consumer electronics such as smartphones, laptops, tablets, and wearable devices. This surge in demand is fueled by advancements in technology, evolving consumer preferences for portable, energy-efficient products, and the growing trend of smart homes and IoT (Internet of Things) devices.

In addition to consumer electronics, the market is also witnessing a shift towards more sustainable energy sources, with lithium-ion (Li-ion) batteries becoming the preferred choice due to their higher energy density and longer life cycle. This shift is particularly prominent in the electric vehicle sector, where battery technology plays a crucial role in determining the performance, driving range, and charging time of EVs. As governments worldwide introduce stricter emission regulations and offer incentives for electric vehicle adoption, the demand for advanced battery technologies is expected to continue its upward trajectory.

Furthermore, the consumer battery market is undergoing a transformation with the rise of renewable energy solutions, such as solar and wind power. Batteries are increasingly being used for energy storage in homes and businesses, providing a reliable backup during power outages and enabling consumers to store excess energy generated by solar panels for later use. This trend towards distributed energy generation and storage is expected to drive further innovation in battery technology, with manufacturers focusing on enhancing battery efficiency, reducing costs, and improving safety to meet the evolving needs of the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Battery Chemistry
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Consumer Battery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for portable electronics
        2. Rise in electric vehicle adoption
        3. Increasing reliance on renewable energy storage
        4. Advancements in battery technology
      2. Restraints
        1. High manufacturing costs
        2. Limited raw material availability
        3. Environmental concerns related to battery disposal
        4. Charging infrastructure challenges
      3. Opportunities
        1. Expansion of electric vehicle market
        2. Advancements in solid-state and next-gen batteries
        3. Growth in energy storage solutions
        4. Government incentives for renewable energy systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Consumer Battery Market, By Type, 2021 - 2031 (USD Million)
      1. Primary
      2. Secondary
    2. Global Consumer Battery Market, By Battery Chemistry, 2021 - 2031 (USD Million)

      1. Alkaline Battery
      2. Zinc Carbon Battery
      3. Lithium-ion Battery
      4. Nickel Cadmium Battery
      5. Nickel Metal Hydride
      6. Others
    3. Global Consumer Battery Market, By Application, 2021 - 2031 (USD Million)

      1. Personal Care Devices
      2. Flashlights/Lamps
      3. Power Tools
      4. Mobile Phones
      5. Toys
      6. Others
      7. Remote Controls
      8. Cameras
      9. Tablets
      10. Portable Power Banks
      11. Hearing Aids
      12. Radios
      13. Security Devices
      14. Laptops
      15. Smoke Detectors
      16. Smart Watches
      17. Calculators
    4. Global Consumer Battery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Panasonic Corp
      2. Duracell Inc
      3. EVE Energy Co. Ltd.
      4. TianJin Lishen Battery Joint-Stock Co., Ltd.
      5. Renata Battery
      6. Suzhou South Large Battery Co., Ltd.
      7. PolyPlus
      8. Maxell, Ltd.
      9. Samsung SDI
      10. VARTA AG
      11. GP Industrial
      12. LG Energy Solution
      13. FDK Corporation
      14. Murata Manufacturing Co., Ltd.
      15. Energizer Holdings Inc.
  7. Analyst Views
  8. Future Outlook of the Market