Alkaline Battery Market to grow by USD 642.07 million during 2021-2025, Battery Specialties and Camelion Battery Co. Ltd. emerge as Key Contributors to growth| Technavio

NEW YORK, May 19, 2021 /PRNewswire/ --

Technavio has been monitoring the alkaline battery market and it is poised to grow by USD 642.07 million during 2021-2025, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the alkaline battery market. 
Frequently Asked Questions:

• Based on segmentation by product, which is the leading segment in the market? 
  The primary battery segment will lead the market owing to its range of applications, easy availability, and stability in different climates and environments.
• What is the key driver influencing the market growth? 
  The favorable characteristics of alkaline batteries will drive the market growth during the forecast period.
• At what rate is the market projected to grow?
  The market is projected to grow at a CAGR of 1% during the next few years.
• What is the key market challenge?
  The threat of rechargeable batteries and alternative chemistries may impede the market growth. 
•  How big is the North American market?
  46% of the market growth will originate from North America.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Battery Specialties, Camelion Battery Co. Ltd., Duracell Inc., Energizer Holdings Inc., FDK Corp., Gold Peak Industries Holdings Ltd., Maxell Holdings Ltd., Panasonic Corp., Toshiba Corp., and Zhejiang Mustang Battery Co. Ltd are some of the major market participants. Although the increase in consumer spending, favorable characteristics of alkaline batteries, and increasing battery recycling regulations will offer immense growth opportunities, the threat of rechargeable batteries and alternative chemistries that may impede market growth is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this alkaline battery market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Alkaline Battery Market 2021-2025: Segmentation

Alkaline Battery Market is segmented as below:

• Product
• Primary Battery
• Secondary Battery
• Geography
• North America
• Europe
• APAC
• South America
• MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40851

Alkaline Battery Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The alkaline battery market report covers the following areas:

• Alkaline Battery Market Size
• Alkaline Battery Market Trends
• Alkaline Battery Market Industry Analysis

This study identifies alkaline batteries replacing zinc-carbon batteries as one of the prime reasons driving the alkaline battery market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Alkaline Battery Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist alkaline battery market growth during the next five years
• Estimation of the alkaline battery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the alkaline battery market across North America, Europe, APAC, South America, and MEA
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of alkaline battery market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Primary battery - Market size and forecast 2020-2025
• Secondary battery - Market size and forecast 2020-2025
• Market opportunity by Product

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Battery Specialties
• Camelion Battery Co. Ltd.
• Duracell Inc.
• Energizer Holdings Inc.
• FDK Corp.
• Gold Peak Industries Holdings Ltd.
• Maxell Holdings Ltd.
• Panasonic Corp.
• Toshiba Corp.
• Zhejiang Mustang Battery Co. Ltd

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Report: https://www.technavio.com/report/alkaline-battery-market-industry-analysis

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