Alkaline Battery Market Size, Share and COVID-19 Impact Analysis Report | 2020-2027

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The alkaline battery market research report provides a detailed analysis of the market and focuses on key aspects such as the leading companies, product types, and leading applications across various industries. Besides this, the report offers market insights into the industry trends and highlights key industry analysis and developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the advanced market over recent years.

The emerging economies such as China and India are the major countries for electronic products in which batteries are used across the globe. As the COVID-19 spread is pushing China and then India towards lockdown, there is a decrease in the demand for spending on household products. With more countries announcing lockdowns to stop the COVID-19 spread, the consumer demand for electronic products remained steady in contrast to a steep fall in this type of battery products. Additionally, the sluggish demand due to a decrease in consumer spending across various applications has impacted the demand for the market.

The global alkaline battery market size was valued at USD 7.48 billion in 2019 and is projected to reach USD 10.71 billion by 2027, exhibiting a CAGR of 4.8% during the forecast period.

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