Alkaline Battery Market to Reach USD 10.18 Billion by 2032; Rising Demand for Back-up Power in Various Applications to Boost Growth

The global alkaline battery market size is projected to reach USD 10.18 billion by 2032. It is anticipated to grow astonishingly on account of the urgent requirement of back-up power worldwide. It is mainly demanded from a wide range of applications, such as emergency lights, clean water, electrical services, communications, and medical services. Besides, the urgent need of back-up memory in computers and laptops would affect the market positively in the coming years.

Fortune Business Insights™ mentioned this in a recent report, titled, “Alkaline Battery Market Size, Share and Industry 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, 2025-2032.”

The global alkaline battery market size was USD 7.69 billion in 2024. The market is projected to grow from USD 7.92 billion in 2025 to USD 10.18 billion by 2032 at a CAGR of 3.66% over the forecast period (2025-2032).

Duracell Launches Duracell Ultra Alkaline Battery Providing 100% More Power

Duracell, a provider of smart power systems and batteries headquartered in the U.S., unveiled its brand new Duracell Ultra alkaline battery. It delivers up to 100% more power to respond to the growing need of power hungry devices. The company has utilized around fifty years of expertise to develop the top-quality product. It is keeping a track of the evolving consumer demand. The company launched the new product in India to help people in using power hungry devices for monitoring, entertainment, and communicating purposes.

The Duracell Ultra alkaline battery is developed by using premium-quality materials. Refined steel is used to make its canister. It also consists of key ingredients, such as graphite, manganese, and zinc to convert chemical energy into electrical energy. The company officials mentioned that it would soon come up with more new products to cater to the changing consumer needs.

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https://www.fortunebusinessinsights.com/alkaline-battery-market-103298

Rising Usage of Electronic Products to Spur Growth

Alkaline batteries are majorly used in several electronic products that people use in their day-to-day activities. These products are also adopted by a wide range of sectors, such as commercial, industrial, medical, and military. The dynamics in mobility and portability in the fields of mobile computing and telecommunication is set to affect the market positively in the near future. Also, the rapid developments in internet infrastructure would surge the demand for electronics. This would further help in propelling the alkaline battery market growth. However, nowadays, the demand for rechargeable batteries is increasing as they are providing good low-temperature performance, high discharge rate, and high power density. This factor may hamper the market growth.

Key Players Focus on Introducing Unique Alkaline Batteries to Intensify Competition

Major companies operating in the market are gaining a competitive edge by launching new products and, thereby enhancing their product portfolio. Currently, companies, such as Energizer Holdings, Gold Peak Industries (Holdings) Limited, Duracell Inc., and Camelion Batterien GmbH are in the dominant position by holding the largest market share.

Fortune Business Insights™ provides a list of all the alkaline battery manufacturers present in the global market. They are as follows:

• Duracell Inc. (U.S.)
• Energizer Holdings (U.S.)
• 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)

A Notable Industry Development-

• May 2017: Panasonic Corporation launched its new alkaline batteries under the Powerline series. They are specially developed for the industrial market and are produced in Europe. These are available in packs of 10 and are capable of fulfilling the stringent quality standards. They are experiencing high popularity amongst the distributors and original equipment manufacturers (OEMs) owing to their long life, high reliability, and low self-discharge.

Further Report Findings-

• North America held USD 3.59 billion in terms of revenue in 2024 and would dominate in the near future. This growth is attributable to the increasing consumer spending and rising demand for electronic products. Additionally, alkaline batteries are extensively used in healthcare, military, and industrial applications in this region.
• Asia Pacific is set to remain in the second position backed by the increasing demand for consumer electronics.
• Based on application, in 2024, the consumer electronics segment held 79.73% in terms of alkaline battery market share. It is likely to lead throughout the forthcoming years owing to the rising need of smartphones, laptops, GPS units, computers, and MP3 players across the globe.

The global market is Segmented into: