The global battery packaging market is forecast to reach USD 53.04 Billion by 2026, according to a new report by Reports and Data. The packaging industry has spread its feet in practically all areas, regardless of whether it is food, pharmaceutical, customer products, and so forth. Cells, or more commonly known as batteries, are an integral part of our daily lives. The expanding entrance of batteries in practically all the prominent industries has led to a rising demand for safe battery packaging solutions. Battery packaging makers are now focusing on customizable packaging solutions for batteries, depending on size requirements.
The market for battery packaging is influenced by the rising demand for battery packs from electric vehicle manufacturers and energy storage industries. Increasing awareness of users towards zero-emission vehicles and favourable government policies are significantly helping the market to grow. However, higher cost and low efficiency of sustainable technology are slowing down the market growth.
Top Leading Players in Battery Packaging Market:
- Nefab Group
- United Parcel Service Inc.
- DHL
- Zarges Group
- Heitkamp & Thumann Group
- FedEx
- Rogers Corporation
- DS Smith
- Smurfit Kappa
- Umicore, among others
Segments Covered in the report:
Type Of Battery Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Lithium-Ion
- Lead-Acid
Material Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Metals
- Plastics
- Cardboards
- Others
Type Of Packaging Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Corrugated
- Blister
- Others
Level Of Packaging Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Cell & Pack Packaging
- Transportation Packaging
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Source: https://www.reportsanddata.com/download-free-sample/1820
