Battery Packaging Market Share Projections: CAGR of 8.56% Envisions Market Size of $58.72 Billion by 2032

Newark, Jan. 31, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 25.83 Billion in 2022 battery packaging market will reach USD 58.72 Billion by 2032. The growing need for sustainable energy storage solutions is one of the primary drivers of the market expansion. Because governments around the world are pushing for renewable energy sources, there will probably be an increase in demand for solar batteries during the projected time. Consequently, there is an increasing demand for battery packing materials in the market.
• Ball Corporation
• Smurfit Kappa Group Plc.
• Coveris Holdings S.A.
• Graphic Packaging International, Inc.
• Amcor Rigid Plastics USA, Inc.
• Mondi Group Plc.
• DS Smith Plc.
• WestRock Company
• Stora Enso Ingerois Oy
• Mercury
• Nickel Metal Hydride
• Lithium Ion
• Silver Oxide
• Nickel Cadmium
• Alkaline
• Others
• Copper
• Polypropylene
• Polyvinyl Chloride
• Polyamide
• Cardboard
• Metals
• Plastics
• Polystyrene
• Steel
• Polyethylene Terephthalate
• Polyethylene
• Others
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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(GlobeNewsWire)