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Disposable batteries use irreversible chemical reactions to generate direct current. These primary batteries are portable and have a long life, which has created a huge demand for them, due to the rising adaption of consumer electronics.
Based on the type, the market is classified into alkaline, nickel-cadmium, and others. The alkaline segment accounted for the major share of the market and it is anticipated that it will maintain its attractiveness during the forecast period, as they are the most affordable and have the longest life when compared with the other alternatives.
Based on the end-user, the global market is classified into consumer electronics, automotive, industrial, medical and defense, and military. The consumer electronics segment accounted for the major share in the market. The rising usage of consumer electronics, coupled with the long-lasting life and portability and low cost of disposable batteries, drives the consumer electronics segment.
Disposable batteries have a long life and can be availed at a very affordable price. The rise in consumer electronics has led to a huge demand for disposable batteries. The availability and choice of alternatives are likely to drive the global disposable battery market during the forecast period.
The key market restraint for the market is the increased awareness about environmental protection. The disposable batteries have high recycling costs and are not considered sustainable, which is affecting the growth of the market.
Key Market Driver -
Long life and low cost of disposable batteries
Key Market Restraint -
Increasing awareness about environmental protection
Some of the major companies in the disposable battery market are Duracell Inc., Energizer Battery, Inc., Panasonic, GP Batteries, Eveready Batteries, Rayovac Hearing Aid Batteries, NBCELL Super alkaline battery, Battco Energy Storage Systems, Sony, Southwest Electronic Energy, and Liebherr Group.
The global disposable battery market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for the major share of the global market, due to the rise in demand for consumer electronics in the region, especially in China and India. North America is the fastest-growing region for the global disposable battery market, owing to the rising adaptation of consumer electronics and medical equipment in the U.S. Europe is expected to grow steadily due to the rising demand for battery devices in the region.
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