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Global Battery Packaging Market to reach USD 45.5 billion by 2025.
Global Battery Packaging Market valued approximately USD 18.4 billion in 2017 is anticipated to grow with a healthy growth rate of more than 12.0% over the forecast period 20182025. The Battery Packaging market is developing and expanding at a significant pace. In the present scenario adoption of batteries is rapidly increasing thus raising the market shares of battery packaging market during the forecast period.
Increasing demand of batteries owing to their benefits offered preferably by automotive, consumer electronics and energy sector is primarily driving the market towards high CAGR. In addition, rising environmental concerns to reduce the level of greenhouse gas emission is major factor fueling the market growth. However, the inefficiency of sustainable technologies and higher cost restricts the adoption rate to some extent hampering the market growth.
On the basis of segmentation, The Battery Packaging market is segmented into Type of Battery, Type of Packaging, Type of Casing, Level of Packaging, and Material. The Type of Battery segment is classified into LeadAcid Battery and LithiumIon Battery. The material segment is classified into plastics, cardboards, metals and others. Level of packaging segment is subsegmented as transportation and cell pack packaging. Further, type of packaging segment is divided into blister, corrugated and others. Moreover, type of casing segment is divided as cylindrical, prismatic and pouch. The Type of Battery segment is anticipated to dominate the Battery Packaging market considering the forthcoming years and the global scenario.
On the basis of Geography, The Battery Packaging market is divided into North America, Europe, AsiaPacific, Latin America and Rest of World. The Europe region is anticipated to fastest growing in the Battery Packaging market. The European countries which includes United Kingdom, Germany and Sweden are the key revenue contributing countries considering the European region.
The regional analysis of Global Battery Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 20182025.
The leading market players mainly include
United Parcel Service UPS
Heitkamp Thumann Group
The objective of the study is to define market sizes of different segments countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
By Type of Battery
By Level of Packaging
Cell and Pack Packaging
By Type of Packaging
By Type of Casing
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2015, 2016
Base year 2017
Forecast period 2018 to 2025
Target Audience of the Global Battery Packaging Market in Market Study:
Key Consulting Companies Advisors
Large, mediumsized, and small enterprises
ValueAdded Resellers VARs
Thirdparty knowledge providers
Original Article: Global Battery Packaging Market Size study, by Type of Battery LeadAcid and LithiumIon, by Material Plastics, Material, Cardboard and Others, by Level of Packaging Transportation, Cell and Packaging, Type of Packaging Blister, Corrugated and Others, by TyNEXT ARTICLE
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