Europe Consumer Battery Market Size

Statistics for the 2023 & 2024 Europe Consumer Battery market size, created by Mordor Intelligence™ Industry Reports. Europe Consumer Battery size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Consumer Battery Industry

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Europe Consumer Battery Market
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 8.62 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Europe Consumer Battery Market Analysis

The Europe consumer battery market is expected to grow at a CAGR of more than 8.62% over the period of 2020-2025. Factors such as numerous advantages of consumer batteries, such as low cost, wide application across consumer electronics, including flashlights, calculators, clocks, and smoke alarms coupled with increasing sales of consumer electronics in the region are expected to drive the market. On the other hand, the demand-supply mismatch of raw materials is likely to hinder the growth of the market.

  • The lithium-ion battery is expected to witness significant growth in the market due to its high electrode potential, high charge, and favourable capacity-to-weight ratio during the forecast period.
  • The increasing popularity of portable medical devices offers a significant growth opportunity for the consumer battery market.
  • Germany is expected to witness significant growth during the forecast years due to the increasing sales of consumer electronics and home appliances during the forecast period.

Europe Consumer Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)