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Market Summary

The global battery packaging market is forecast to reach USD 53.04 Billion by 2026, according to a new report by Reports and Data. Battery Packaging includes a variety of products, such as plastics, metals, and cardboards, among various other products. Batteries are primarily used for applications in automotive, energy storage and consumer electronics industries.

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Increasing application of the batteries in the automotive industry, especially in electric cars and electric scooters are the driving factors that have propelled the growth of the battery packaging market. Mainly the lithium-ion batteries are used in almost all the industries due to its higher density and higher efficiency characteristics. The battery industry is among the fastest-growing industries across the globe and are among the most exported products in the world. The developing regions are rapidly investing in the international battery market hence driving the packaging market to grow. China, and South Korea are some of the major battery packaging markets in the region.

Europe is a key region for the battery packaging market and is likely to witness a consistent growth rate in the forecast period owing to the growing popularity of electric vehicles in the region. Moreover, advancement in technology that is happening across the region is further driving the growth of the market. The different key players in the Europe region are focusing on new technological developments to support the growth of the market for battery packaging in the region.

Key Coverage of the Report

Region and country wise statistics of the global battery packaging market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various types of batteries available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of packaging type, corrugated, blister, and others, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Battery Packaging Market

The rising awareness regarding alternative sources of energy and increasing adoption of electric vehicles to control the ever-increasing carbon footprint has spurred the demand for lithium-ion batteries globally.

The continuously enduring demand for batteries is foreseen to support the need for battery packaging solutions over the globe. Increased investments in the battery manufacturing market have spurred growth in cell & pack packaging segment.

Attractive designs of battery packaging, including transparent blister packs, have witnessed increased preference among battery packaging manufacturers, owing to better product presentation.

However, safe battery packaging enjoys high preference, as higher the energy, higher is the risk factor for chemical leakage. The high cost and low efficiency of sustainable technology are slowing down the market.

In Asia Pacific Region India and China have strategies to double their production output, over the next five years, which is expected to provide significant opportunities to the global battery packaging market.

Companies considered and profiled in this market study

Nefab Group, United Parcel Service Inc., DHL, Zarges Group, Heitkamp & Thumann Group, FedEx, Rogers Corporation, DS Smith, Smurfit Kappa, and Umicore, among others.

Market-O-Nomics

The valuation for the Battery Packaging market was USD 20.63 Billion in 2018, and it is expected to reach USD 53.04 Billion by 2026.

Lithium-ion is forecasted to grow with the highest CAGR of 12.8% during the forecast period. The three-phase induction motor used in electric cars require a lot of power which can be stored in lithium-ion batteries hence increasing the running range of the vehicle.

The blister packaging for the batteries is forecasted to grow with a CAGR of 12.7% during the forecast period. Blister packaging provides more safety while transporting products.

The transportation packaging segment is forecasted to hold a market share of 34.3% in the year 2026. Transportation packaging provides containment and protection to the batteries during handling, transportation, and storage.

The metal material segment is forecasted to hold a market share of 30.5% in the year 2026. Metal gives more stability and reduces the chance of chemical leakage.

The Asia Pacific held the largest market share of 36.9% in the year 2018 due to the presence of big battery manufacturers in the region. This region is also home to some of the leading battery manufacturers, including Panasonic, Samsung, GS Yuasa, Exide, and LG, among others.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data have segmented into the global Battery Packaging market on the basis of type of battery, material, type of packing, level of packing, and region:

Type Of Battery Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Material Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Metals

Plastics

Cardboards

Others

Type Of Packaging Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Corrugated

Blister

Others

Level Of Packaging Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Cell & Pack Packaging

Transportation Packaging

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

