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Global Battery Packaging Market Report and Forecast 2024-2032
Market Report I 2024-02-12 I 155 Pages I EMR Inc.
Global Battery Packaging Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global battery packaging market reached a value of USD 32.73 billion in 2023. Aided by the global surge in demand for batteries, driven by the widespread adoption of EVs, renewable energy systems, and portable electronic devices, the market is projected to further grow at a CAGR of 8.8% between 2024 and 2032 to reach a value of USD 71.71 billion by 2032.
Battery packaging plays a crucial role in the lifecycle and performance of batteries, encompassing everything from casing materials to module assembly technologies. It ensures the protection and longevity of batteries, facilitates efficient energy storage, and addresses safety concerns associated with battery use. As the battery industry evolves, so too does the technology and materials used in battery packaging, with innovations aimed at enhancing performance, reducing costs, and minimising environmental impact.
The battery packaging market growth is driven by several key factors. The electrification of transport and the global shift towards renewable energy sources have dramatically increased the demand for high-performance batteries. This, in turn, has driven the need for advanced packaging solutions that can accommodate the specific requirements of lithium-ion and other types of batteries used in these applications.
Technological advancements in battery design and materials science have also contributed to the battery packaging market demand. Innovations in packaging materials and structures are aimed at improving battery density, thermal management, and durability, which are critical for the performance of EVs and energy storage systems.
Moreover, environmental regulations and consumer demand for sustainable products have spurred the development of eco-friendly battery packaging solutions. This includes the use of recyclable materials, designs that facilitate battery recycling, and manufacturing processes that reduce waste and carbon emissions.
The battery packaging market outlook is being influenced by a competitive and innovative landscape, with players ranging from material suppliers and packaging manufacturers to battery producers and OEMs. Collaboration across the supply chain is essential for developing integrated packaging solutions that meet the technical and environmental standards of the battery industry.
Looking ahead, the market is set to witness several exciting trends and opportunities. The development of solid-state batteries and other next-generation energy storage technologies presents new challenges and possibilities for packaging design. Additionally, the growing emphasis on battery safety and performance in extreme conditions is driving the development of novel packaging materials and thermal management solutions.
Market Segmentation
The market can be divided based on battery type, material type, type of packaging, casing type, level of packaging, and region.
Market Breakup by Battery Type
- Lithium Ion
- Lead Acid
- Nickel Cadmium
- Others
Market Breakup by Material Type
- Metal
- Plastics
- Others
Market Breakup by Type of Packaging
- Blister Packaging
- Corrugated Packaging
- Others
Market Breakup by Casing Type
- Cylindrical
- Prismatic
- Pouch
- Others
Market Breakup by Level of Packaging
- Cell and Pack Packaging
- Transport Packaging
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global battery packaging market. Some of the major players explored in the report by Expert Market Research are as follows:
- Covestro AG
- Trinseo Plc
- DS Smith Plc
- Nefab AB
- Wellplast AB
- TriEnda Holdings, LLC
- Sohner Kunststofftechnik GmbH
- C.L. Smith Company
- Heitkamp & Thumann Group
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Battery Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Battery Packaging Historical Market (2018-2023)
8.3 Global Battery Packaging Market Forecast (2024-2032)
8.4 Global Battery Packaging Market by Battery Type
8.4.1 Lithium Ion
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Lead Acid
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Nickel Cadmium
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Battery Packaging Market by Material Type
8.5.1 Metal
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Plastics
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Battery Packaging Market by Type of Packaging
8.6.1 Blister Packaging
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Corrugated Packaging
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Battery Packaging Market by Casing Type
8.7.1 Cylindrical
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Prismatic
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Pouch
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Battery Packaging Market by Level of Packaging
8.8.1 Cell and Pack Packaging
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Transport Packaging
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 Global Battery Packaging Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Battery Packaging Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Battery Packaging Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Battery Packaging Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Battery Packaging Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Battery Packaging Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Deman
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Covestro AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Trinseo Plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 DS Smith Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nefab AB
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Wellplast AB
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 TriEnda Holdings, LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Sohner Kunststofftechnik GmbH
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 C.L. Smith Company
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Heitkamp & Thumann Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Battery Packaging Market: Key Industry Highlights, 2018 and 2032
2. Global Battery Packaging Historical Market: Breakup by Battery Type (USD Billion), 2018-2023
3. Global Battery Packaging Market Forecast: Breakup by Battery Type (USD Billion), 2024-2032
4. Global Battery Packaging Historical Market: Breakup by Material Type (USD Billion), 2018-2023
5. Global Battery Packaging Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
6. Global Battery Packaging Historical Market: Breakup by Type of Packaging (USD Billion), 2018-2023
7. Global Battery Packaging Market Forecast: Breakup by Type of Packaging (USD Billion), 2024-2032
8. Global Battery Packaging Historical Market: Breakup by Casing Type (USD Billion), 2018-2023
9. Global Battery Packaging Market Forecast: Breakup by Casing Type (USD Billion), 2024-2032
10. Global Battery Packaging Historical Market: Breakup by Level of Packaging (USD Billion), 2018-2023
11. Global Battery Packaging Market Forecast: Breakup by Level of Packaging (USD Billion), 2024-2032
12. Global Battery Packaging Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Battery Packaging Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Battery Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Battery Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Battery Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Battery Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Battery Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Battery Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Battery Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Battery Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Battery Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Battery Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Battery Packaging Market Structure
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