Global Battery Transportation Packaging Market, By Battery (Lithium-ion, Lead-acid), Casing (Cylindrical, Prismatic, Pouch), Packaging (Corrugated, Blister), Material (Metals, Plastics, Cardboard) - Industry Trends and Forecast to 2029
Market Analysis and Size
Batteries provide the power source for automobiles, personal computers, phones, and life-saving appliances. But, batteries are very dangerous goods, because they produce electricity from a chemical reaction. When improperly package, handled, or stored, it poses a risk for electrical fires and corrosive chemical and electrical fires. The manufacturer of Battery packaging focus on customizable the packaging solutions for the transportation of batteries which has reliable, safe or depend on the size requirement. The Battery packaging options like blister packaging, bliss boxes, corrugated packaging, and, strip packaging, have augmented the adoption rate in the global battery transportation packaging market.
Data Bridge Market Research analyses that the battery transportation packaging market was valued at USD 1286.40 million in 2021 and is expected to reach USD 2243.54 million by 2029, registering a CAGR of 7.20 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Battery packaging materials play a vital role in the manufacturing process of batteries. Three primary packaging technologies have developed as the most dominant in the industry: Prismatic, Cylindrical, and Pouch-based. Battery packaging designs and their combinations in components are offered in an enormous variety, for primary and secondary batteries for variable applications. Package batteries are placed in containers that have included acid or alkali leakage proof liner to prevent leakage in metal containers, making the packaging more comfortable for transportation.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Battery (Lithium-ion, Lead-acid), Casing (Cylindrical, Prismatic, Pouch), Packaging (Corrugated, Blister), Material (Metals, Plastics, Cardboard)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Market Opportunities
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Battery Transportation Packaging Market Dynamics
Drivers
- Electrochem and greatbatch packaging
Greatbatch or Electrochem is original packaging which is used for the transportation, it consists all components of packaging which must be included foam pads, any trays, inner boxes, bubble wrap or other cushioning these all facilities may have been included in original packaging which are expected to increase the demand of battery transportation packaging in the market.
- Increase the use in automotive industry
Growing use of the batteries in the automotive industry, especially in electric scooters and electric cars and electric scooters are expected to drive factors that have boosted the growth of the battery transportation packaging market. The lithium-ion batteries are mostly used in all the industries due to its higher efficiency and higher density properties. The battery industry is among the fastest growing industries and the most exported products across the globe. Developing countries are rapidly investing in the international battery market, driving the battery transportation packaging market to grow.
Opportunities
The continuously increasing demand for batteries is predicted to support the need for battery transportation packaging solutions across the globe. Augmented investments in the battery manufacturing market have stimulated the growth in packaging segment. Attractive designs of battery packaging, including transparent blister packs, have witnessed increased preference among battery packaging manufacturers, owing to better product presentation. Furthermore, advancement in technology that is happening overall the region is further driving the growth of the market. The different market players are concentrating on the new technological developments to support the growth of the region's battery transportation packaging market.
Restraints/ Challenges
The demand for battery-powered products increase due to rise the demand of electric vehicles. As a result, batteries are shipped globally, and the reliable and safe transport of batteries from production sites to consumers and suppliers must be guaranteed at all times. The lithium batteries are dangerous goods when they are transported. High cost, improper transportation services, non-availability of handle support in battery transportation packaging, and inability to carry heavy goods are the major market restrains that will hamper the market's growth.
This battery transportation packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the battery transportation packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Battery Transportation Packaging Market
The battery transportation packaging market was moderately affected by the outbreak of COVID-19 pandemic. Idling of factories, disruption in the supply chain, and unavailability of raw material are key challenges the market faces during pandemic. The market was slowed down with decrease in demand for batteries from the automotive sector, this sector witnessed to reduce in automobile manufacture. Going forward the market is expected to improve a robust growth rate as the consumer’s electronics and automobile sector is on a progressive track during the forecast period.
Global Battery Transportation Packaging Market Scope
The battery transportation packaging market is segmented on the basis of battery, casing, packaging and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Battery
- Lithium-ion
- Lead-acid
Casing
- Cylindrical
- Prismatic
- Pouch
Packaging
- Corrugated
- Blister
Material
- Metals
- Aluminum
- Steel
- Plastics
Polypropylene
- (Acrylonitrile butadiene styrene) ABS
- Polyamide
- Polybutylene
- Terephthalate
- Cardboard
Battery Transportation Packaging Market Regional Analysis/Insights
The battery transportation packaging market is analysed and market size insights and trends are provided by country, battery, casing, packaging and material as referenced above.
The countries covered in the battery transportation packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the battery transportation packaging market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for battery transportation packaging in this region. The Asia-Pacific region dominates the battery transportation packaging market, with China leading the way in terms of production and consumption of re-usable battery transportation packaging. China is leading the Asia-Pacific market due to the ease of producing re-usable battery transportation packaging.
During the projected period, North America is expected to be the fastest developing region due to the rising demand of re-usable battery transportation packaging in retail sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Battery Transportation Packaging Market Share Analysis
The battery transportation packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to battery transportation packaging market.
Some of the major players operating in the battery transportation packaging market are:
- Nefab Group (Sweden)
- United Parcel Service Inc. (US)
- DHL (Germany)
- Zarges Group (Germany)
- Heitkamp & Thumann Group (Germany)
- FedEx (US)
- Rogers Corporation (US)
- DS Smith (UK)
- Smurfit Kappa (Ireland)
- Umicore (Belgium)
- Amara Raja Group (India)
- Manika Moulds Pvt, Ltd, (India)
- Targray Industries (Canada)
- Coveris (UK)
- Graphic Packaging International, LLC (US)
- Amcor Plc (US)
- Veolia (France)
- Texim Europe B.V.(Netherland)
- C.L. Smith (US)
- Wellplast AB (Sweden)
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