Battery Packaging Market Worth $36.2 Billion by 2023 - Exclusive Report by MarketsandMarkets - Seite 2

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The Asia Pacific region is expected to hold the largest market size in the Battery Packaging Market during forecast period. 

The Asia Pacific region is estimated to account for the largest share of the Battery Packaging Market during the forecast period due to the presence of leading battery manufacturers in this region. This region is home to some of the leading battery manufacturers including Panasonic, Samsung, GS Yuasa, Exide, and LG, among others. APAC holds the largest share of the global automotive market. The region has made significant investments in the renewable energy generation space, which have further increased the consumption of batteries. For instance, in India, the government is installing 40GW of grid connected rooftop solar capacity. This is expected to be completed by 2022.

Nefab Group (Sweden), United Parcel Service Inc. (US), DHL (Germany), Zarges Group (Germany), Heitkamp & Thumann Group (Germany), FedEx (US), Rogers Corporation (US), DS Smith (UK), Smurfit Kappa (Ireland), and Umicore (Belgium) are some of the leading players operating in the Battery Packaging Market.

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