According to study, “Global Battery Packaging Market
Size study, by Type of Casing (Cylindrical, Prismatic, Pouch), by Type of Packaging
(Corrugated, Blister, Others), by Material (Metal, Plastics, Cardboard, Others)
and Regional Forecasts 2018-2025” some of the
major companies that are currently working in the global battery packaging
market are Nefab Group, DS Smith Plc., Rogers Corporation, United Parcel
Service (UPS), Heitkamp & Trumann Group, Umicore, DHL, Ball Corporation, Stora
Enso Ingerois Oy, Amcor Rigid Plastics USA, Inc., WestRock Company, Fedex,
Zarges Group, Smurfit Kappa Plc., ALL Cell Technologies, Veolia Environnement
S.A., Texim Europe, Targray, Manika Moulds, Bemis Company, Inc., Johnson
Controls, Tesla, Inc., Mondi Group Plc., Amara Raja Batteries Limited, Graphic
Packaging International, Inc., Coveris Holdings S.A. All these key players are focus
on customizable packaging solutions for batteries, which depends on size
requirement.
Battery packaging means a set of
same or different batteries or individual battery cells. Batteries may be configured
in a series, parallel or a mixture of both to distribute the desired voltage,
power density or capacity. The major benefit of battery packaging is the
simplicity with which it can be swapped into or out of a packaging device. Some
other benefits include flexibility of their design & implementation that
permits the use of cheaper high production batteries or cells.
Based on the type of testing,
battery packaging market can be segmented into prismatic, cylindrical and
pouch. Based on the type of packaging, the market is segmented into blister
packaging, corrugated packaging, strip packaging and others. Based on the
material, the market is segmented into plastics, metal and cardboard etc. Plastics
include polybutylene terephthalate, polyamide and polypropylene etc. The metals
used as a raw material include steel and aluminum etc.Based on the type of
battery, the market is segmented into lead-acid battery and lithium-ion battery.
Based on the level of packaging, the market is segmented into transportation packaging
and cell & pack packaging. In addition, based on the end-users, the market
is categorized into automotive industry, consumer electronics industry and
robotics industry.
The battery packaging demand is primarily
driven by the increasing awareness towards zero emission vehicles, followed by the
increasing demand of batteries from the sustainable energy sector, innovation
in the battery packaging designs with the favorable government initiatives.
Apart from the benefits, the factors hampering the market are low efficiency on
sustainable technologies, increasing integration of batteries in electronic
devices and the high cost associated with batter packaging etc. In addition,
some the major opportunities are the increase in the battery recycling
activities and followed by the rise in fuel prices.
Globally, the Asia-pacific holds
foremost share of the battery packaging market, due to rise in number of the computerized
sectors & the presence of primary battery manufacturers in the region. Moreover
it is expected that the North America to hold the largest market share owing to
the rising automotive industries & well-developed consumer device industry.
It is anticipated that the battery packaging market to develop rapidly due to
technological advancement and demand of cleaner and low cost energy source.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249