Global Battery Packaging Market Size Study, by Material, by Packaging Type, by Casing Type, by Level of Packaging, by Battery Type, and Regional Forecasts 2022-2032

Description

The Global Battery Packaging Market is valued at approximately USD 29.88 billion in 2023 and is projected to grow at an impressive CAGR of 12.10% during the forecast period of 2024-2032. As the global energy landscape evolves towards sustainability, battery packaging plays a pivotal role in ensuring the safe, efficient, and reliable transportation and storage of energy solutions. This market encapsulates the design and development of materials and structures that meet stringent industry standards for safety, performance, and environmental impact. With the rapid proliferation of electric vehicles (EVs), renewable energy storage systems, and portable consumer electronics, the demand for innovative and sustainable battery packaging solutions is surging, positioning the market at the heart of the global energy revolution.

The unprecedented adoption of lithium-ion and other advanced battery technologies is fueling the market for battery packaging. Escalating consumer demand for EVs, coupled with expanding renewable energy projects, is driving the need for packaging solutions that ensure battery safety during transportation and mitigate the risk of thermal runaway. Additionally, advances in packaging materials such as lightweight metals and recyclable plastics underscore the industry's commitment to sustainability without compromising durability or performance. However, the market faces challenges in the form of stringent regulatory compliance and high costs associated with the development of specialized packaging solutions, which may hamper growth prospects in certain regions.

Regionally, the Global Battery Packaging Market exhibits robust growth dynamics across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America, a hub for technological innovation, continues to dominate the market, driven by advancements in EV manufacturing and robust government initiatives promoting clean energy. Meanwhile, Europe is witnessing significant growth due to stringent environmental regulations and substantial investments in renewable energy infrastructure. Asia Pacific, home to some of the largest battery manufacturers, is expected to experience the fastest growth, bolstered by rising consumer electronics production and EV adoption in countries like China, Japan, and South Korea. Latin America and the Middle East & Africa offer emerging opportunities, supported by expanding energy storage projects and increasing electrification.

Major market players included in this report are:

Panasonic Corporation
Samsung SDI Co., Ltd.
Amcor Limited
Sonoco Products Company
Tetra Pak International S.A.
DS Smith Plc
Targray Technology International Inc.
WestRock Company
Crown Holdings, Inc.
Exide Technologies
Albea Group
Rexam Plc
Nexans S.A.
Smurfit Kappa Group
Sealed Air Corporation

The detailed segments and sub-segments of the market are explained below:

By Material

Cardboard
Metal
Plastics
Metal

By Packaging Type

Corrugated Packaging
Blister Packaging

By Casing Type

Cylindrical
Prismatic
Pouch

By Level of Packaging

Cell & Pack Packaging
Transportation Packaging

By Battery Type

Lead Acid Battery
Lithium-Ion Battery
Nickel Metal Hydride Battery
Nickel Cadmium Battery
Lithium Titanate Oxide (LTO) Battery

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level insights.
Competitive landscape featuring major players and their strategies.
Comprehensive recommendations on future market approaches and trends.

Chapter 1. Global Battery Packaging Market Executive Summary

1.1. Global Battery Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By Packaging Type
- 1.3.3. By Casing Type
- 1.3.4. By Level of Packaging
- 1.3.5. By Battery Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Battery Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Battery Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Surge in Electric Vehicle Production
- 3.1.2. Expansion of Renewable Energy Storage Solutions
- 3.1.3. Advancements in Packaging Materials and Technologies
3.2. Market Challenges
- 3.2.1. Stringent Regulatory Compliance
- 3.2.2. High Development and Production Costs
3.3. Market Opportunities
- 3.3.1. Growth in Emerging Markets
- 3.3.2. Innovation in Sustainable and Eco-friendly Packaging Solutions
- 3.3.3. Increasing Demand for Customizable Packaging Solutions

Chapter 4. Global Battery Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Battery Packaging Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Battery Packaging Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Cardboard
- 5.2.2. Metal
- 5.2.3. Plastics
- 5.2.4. Metal

Chapter 6. Global Battery Packaging Market Size & Forecasts by Packaging Type 2022-2032

6.1. Segment Dashboard
6.2. Global Battery Packaging Market: Packaging Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Corrugated Packaging
- 6.2.2. Blister Packaging

Chapter 7. Global Battery Packaging Market Size & Forecasts by Region 2022-2032

7.1. North America Battery Packaging Market
- 7.1.1. U.S. Battery Packaging Market
  - 7.1.1.1. Material Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Packaging Type Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Battery Packaging Market
7.2. Europe Battery Packaging Market
- 7.2.1. UK Battery Packaging Market
- 7.2.2. Germany Battery Packaging Market
- 7.2.3. France Battery Packaging Market
- 7.2.4. Spain Battery Packaging Market
- 7.2.5. Italy Battery Packaging Market
- 7.2.6. Rest of Europe Battery Packaging Market
7.3. Asia-Pacific Battery Packaging Market
- 7.3.1. China Battery Packaging Market
- 7.3.2. India Battery Packaging Market
- 7.3.3. Japan Battery Packaging Market
- 7.3.4. Australia Battery Packaging Market
- 7.3.5. South Korea Battery Packaging Market
- 7.3.6. Rest of Asia Pacific Battery Packaging Market
7.4. Latin America Battery Packaging Market
- 7.4.1. Brazil Battery Packaging Market
- 7.4.2. Mexico Battery Packaging Market
- 7.4.3. Rest of Latin America Battery Packaging Market
7.5. Middle East & Africa Battery Packaging Market
- 7.5.1. Saudi Arabia Battery Packaging Market
- 7.5.2. South Africa Battery Packaging Market
- 7.5.3. Rest of Middle East & Africa Battery Packaging Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Panasonic Corporation
- 8.1.2. Samsung SDI Co., Ltd.
- 8.1.3. Amcor Limited
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Panasonic Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Samsung SDI Co., Ltd.
- 8.3.3. Amcor Limited
- 8.3.4. Sonoco Products Company
- 8.3.5. Tetra Pak International S.A.
- 8.3.6. DS Smith Plc
- 8.3.7. Targray Technology International Inc.
- 8.3.8. WestRock Company
- 8.3.9. Crown Holdings, Inc.
- 8.3.10. Exide Technologies

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes