The global alkaline battery market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Alkaline Battery Market Size, Share and COVID-19 Impact Analysis, By Product (Primary and Secondary), By Size (AA, AAA, 9 Volt, and Others), By Application (Remote Control, Consumer Electronics, Toys & Radios, and Others), and Regional Forecast, 2020-2027”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other alkaline battery market trends. The report is available for sale on the company website.
Fortune Business Insights™ lists out the names of all the alkaline battery market manufacturers operating in the global market. They are as follows:
- Duracell Inc. (US)
- Energizer Holdings (US)
- Camelion Batterien GmbH (Germany)
- Gold Peak Industries (Holdings) Limited (Hong Kong)
- Sanyo (Japan)
- Sony (Japan)
- Maxell Holdings, Ltd. (Japan)
- Toshiba International Corp (US)
- Zhejiang Mustang Battery Co., Ltd. (China)
- Panasonic Corporation (Japan)
- FDK Corporation (Japan)
- GPB International Limited (Germany)
Drivers & Restraints-
Rising Consumer Spending on Electronic Products to Spur Growth
Consumer spending is considered to be a very crucial part of gross domestic product (GDP) that maintains the economic stability of a country. Rising consumer spending on electronic products worldwide is a major factor that is set to propel the alkaline battery market growth in the coming years. The U.S. Bureau of Labor Statistics mentioned that in 2018, the average expenditure per consumer was USD 61,224. It shows a hike of up to 1.9% from 2017. Alkaline batteries are majorly used in electronic gadgets and household appliances. These factors would boost the market growth.
How will the COVID-19 Pandemic Affect Market Growth?
- The COVID-19 pandemic can pose a threat to the global market.
- This is set to occur because of the lockdown measures in the countries, such as India and China. These countries are the major producers of electronic products.
- There is a decline in the demand for spending on such products as the masses are buying only those items that are very essential.
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Regional Analysis for Alkaline Battery Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Alkaline Battery Market:
- Executive Summary
- Market Dynamics
- Key Alkaline Battery Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Alkaline Battery Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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