South America Primary Battery Market 2021 Exclusive Manufacturers – Camelion Battery Co. Ltd, Duracell Inc., Energizer Holdings Inc.

South America Primary Battery Market Report 2021 – 2025 is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The Report initially provides an overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The report also entails the Covid-19 and post-Covid dynamics in the global South America Primary Battery market.

The South America primary battery market is expected to grow at a CAGR of more than 0.72% during the forecast period of 2020 - 2025. 

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The Top Major Competitive Players are : Camelion Battery Co. Ltd, Duracell Inc., Energizer Holdings Inc., Saft Groupe SA, and Panasonic Corporation.

Key Market Trends

Primary Alkaline Battery to Dominate the Market

- The primary alkaline battery is expected to dominate the market in 2019 and is expected to continue its dominance over the forecast period. These types of batteries have high specific energy and are cost-effective, environment-friendly, and leak-proof, even when fully discharged. Alkaline can be stored for up to 10 years, has a good safety record, and can be carried on an aircraft without being subject to the United Nations transport and other regulations.
- Alkaline batteries offer higher energy output, longer shelf life, and lasts longer than carbon-zinc batteries, and have emerged as a replacement for carbon-zinc batteries, since 1960.
- Over the years, the North American and European regions have accounted for the major demand for alkaline batteries. However, owing to factors, such as the shift from carbon-zinc batteries, the demand for alkaline batteries in Asia-Pacific and South America is expected to remain high.

Regional Analysis:

Brazil to Witness Significant Demand

- In the long-term, Brazils economic outlook is expected to be better, with increased urbanization and a positive GDP growth rate, while the domestic disposable income per household is likely to increase. Urbanization, when coupled with higher disposable income, is consequently expected to increase the demand for household gadgets which uses primary batteries. The consumer electronics market is expected to grow at a slow pace in the short term, but it is likely to increase in the long run.
- The country has witnessed an increase in urbanization. In 2018, 86.569% of the country's population lived in urban cities, which was 86.309% in the previous year. It is forecasted that the urbanization is expected to rise but at a modest rate in the country.
- The country witnessed recovery from recession in 2017. In 2016, the country's GDP growth rate was negative (-3.276%). However, supported by an ambitious reform agenda by the new government, a constitutional amendment has been passed, which caps non-interest federal spending, the country saw a positive GDP growth rate of 1.323% in 2017. The economic indicators suggest a positive economic outlook in the long term. As of 2018, the GDP growth rate was 1.317% and thus expected to be increasing in the coming years.
- The economic downturn in Brazil, indicated by the negative or low growth in GDP, particularly since 2014, has impacted negatively on the medical equipment market. But with the expected growth during the forecast period, the medical equipment market is expected to register a moderate growth, in turn driving the primary batteries demand for medical equipment.

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