Alkaline Battery Market Size, Trends, Opportunities, Innovations & Forecast till 2024


According to the latest market research report, published by KD Market Insightscovers a detailed analysis of, “Alkaline Battery Market” The study comprises of major industry trends and insights that play an important role in the market growth. Also, the report covers forecast revenue growth at global, regional and country levels, providing a detailed analysis of the industry.
The Global alkaline battery market accounted for USD 5,976.1 Million in 2018 and is estimated to reach USD 6,772.4 Million by 2024. Moreover, it is anticipated to flourish at a CAGR of 2.0% during the forecast period i.e. 2019-2024.



The global alkaline battery market has been segmented on the basis of type, size, and application. Based on the type, this market has been segmented into primary alkaline battery and rechargeable alkaline battery. In this segment, the primary alkaline battery segment is projected to capture a large market share over the forecast period i.e. 2019-2024. Global alkaline battery market for the primary segment was totaled at USD 4,592.6 Million in 2018 and is predicted to thrive at a CAGR of 1.4% from 2019 to 2024. In terms of volume, the global market for primary alkaline battery segment was calculated at 5,490.9 Million Units in 2018.
In the application segment, the alkaline battery market is further sub-segmented into a remote control, consumer electronics, toys, and others.
Growing Toy Sales All Across the Globe
Alkaline batteries are ideal for toys. Alkaline batteries can be used for remote-controlled cars or for a video game controller. Their long-lasting capacity makes them a superior choice for toys. Since the global toy industry is on the rise and toy sales in the United States, the world’s largest toy market, grew by 1 percent to $20.7 billion in 2017. Further, this growth in toys industry is likely to drive the expansion of global alkaline battery market in upcoming years.
Emerging Applications of Alkaline Battery
In the world today, people cannot live without technologies such as televisions, air conditioners, and others.  The alkaline battery has been powering numerous devices over many years. However, with the development of new battery technologies such as lithium-ion batteries, demand for the alkaline battery has weakened across the globe. But, few remarkable emerging applications of alkaline battery are expected to keep alkaline battery demand positive in upcoming years. These applications are home automation, medical devices, fitness tracking devices, and others.
Regional Outlook:
In terms of geography, the alkaline battery market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounts for the major share of the global alkaline battery market.
In terms of value, the North America alkaline battery market is expected to reach USD 2,834.1 Million by the end of 2024. Further, the market of North America alkaline battery will be receiving an opportunity of USD 132.0 Million between 2019 & 2024. In addition to this, North America alkaline battery market value is projected to witness a Y-O-Y growth of 0.8% in 2024 as compared to previous years. The North American countries are the major contributors to the revenues of the alkaline battery market. The high consumption rate of consumer electronics is one of the major factors that are driving the demand for alkaline batteries in the North America region.
Competitive Landscape:
The report also covers detailed competitive analysis of major market players of the global alkaline battery market, such as Duracell, Energizer Holdings, Panasonic Corporation, Toshiba, GP Batteries International Limited, FDK Corporation, Maxell Holdings Ltd., Sony, Samsung Electronics, Zhongyin (Ningbo) Battery and other major and niche players. The alkaline battery market is witnessing a wide range of industry activities such as Product launch, advancement, acquisition, and partnership across the globe. For instance, on 24th May 2017, Panasonic Corporation introduced its powerline series of alkaline batteries in a whole new packaging in packs of 10 batteries. This initiative was meant to offer more convenience to industrial customers since packs of 10 is more practical for both customers and distributors.


Table of Content
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Alkaline Battery Market
3. Global Alkaline Battery Market Trends
4. Opportunities in Global Alkaline Battery Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Alkaline Battery Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Alkaline Battery Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Primary Battery Market Size & Forecast (USD Million), 2017-2023
9.5. Rechargeable Battery Market Size & Forecast (USD Million), 2017-2023
10. Global Alkaline Battery Market Segmentation Analysis, By Size
10.1. Introduction
10.2. Market Attractiveness, By Size
10.3. BPS Analysis, By Size
10.4. AAA Market Size & Forecast (USD Million), 2017-2023
10.5. AA Market Size & Forecast (USD Million), 2017-2023
10.6. 9V Market Size & Forecast (USD Million), 2017-2023
10.7. Others Market Size & Forecast (USD Million), 2017-2023
11. Global Alkaline Battery Market Segmentation Analysis, By Application
11.1. Introduction
11.2. Market Attractiveness, By Application
11.3. BPS Analysis, By Application
11.4. Remote Control Market Size (USD Million), 2017-2023
11.5. Consumer Electronics Market Size (USD Million), 2017-2023
11.6. Toys Market Size (USD Million), 2017-2023
11.7. Others Market Size (USD Million), 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Size (USD Million), 2017-2023
12.2.1. By Type
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Type
12.2.1.3. BPS Analysis, By Type
12.2.1.4. Primary Battery Market Size & Forecast (USD Million), 2017-2023
12.2.1.5. Rechargeable Battery Market Size & Forecast (USD Million), 2017-2023
12.2.2. By Size
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Size
12.2.2.3. BPS Analysis, By Size
12.2.2.4. AAA Market Size & Forecast (USD Million), 2017-2023
12.2.2.5. AA Market Size & Forecast (USD Million), 2017-2023
12.2.2.6. 9V Market Size & Forecast (USD Million), 2017-2023
12.2.2.7. Others Market Size & Forecast (USD Million), 2017-2023
12.2.3. By Application
12.2.3.1. Introduction
12.2.3.2. Market Attractiveness, By Application
12.2.3.3. BPS Analysis, By Application
12.2.3.4. Remote Control Market Size (USD Million), 2017-2023
12.2.3.5. Consumer Electronics Market Size (USD Million), 2017-2023
12.2.3.6. Toys Market Size (USD Million), 2017-2023
12.2.3.7. Others Market Size (USD Million), 2017-2023
12.2.4. By Country
12.2.4.1. Market Attractiveness, By End-user
12.2.4.2. BPS Analysis, By End-User
12.2.4.3. U.S. Market Size (USD Million), 2017-2023
12.2.4.4. Canada Market Size (USD Million), 2017-2023
Continue…


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