There is a dynamic electrochemical reaction inside the lithium-ion battery, which is more sensitive to moisture and oxygen. The organic solvent in the cell, such as the electrolyte, when encountering water and oxygen, will quickly react with the lithium salt in the electrolyte to generate a large amount of HF, affecting the electrochemical performance of the cell (such as capacity, cycle life).

The meaning and purpose of the packaging of soft-pack lithium-ion batteries is to use high-barrier flexible packaging materials to completely isolate the inside of the cell from the outside, so that the inside is in a vacuum, oxygen-free, and water-free environment.

The global Battery Pack Packaging market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Battery Pack Packaging Industry Forecast” looks at past sales and reviews total world Battery Pack Packaging sales in 2023, providing a comprehensive analysis by region and market sector of projected Battery Pack Packaging sales for 2024 through 2030. With Battery Pack Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery Pack Packaging industry.

This Insight Report provides a comprehensive analysis of the global Battery Pack Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery Pack Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battery Pack Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery Pack Packaging and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery Pack Packaging.

It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.101 GW.

This report presents a comprehensive overview, market shares, and growth opportunities of Battery Pack Packaging market by product type, application, key players and key regions and countries.

Segmentation by type:

• Cylindrical Type
• Square Shell Type
• Upholstered Type

Segmentation by application:

• Electric Vehicle Battery
• Electric Bicycle Battery
• Electric Motorcycle Battery
• Others

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration:

• Wellplast
• Chep
• Label Master
• TARGRAY
• NEFAB
• SCHOTT
• DGM
• HRG
• Fent Battery