Ethiopia Battery Market is expected to grow with the CAGR of 5.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Ethiopia battery market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Ethiopia battery market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In March 2016, Energizer announced the launch of World’s First AA and AAA Rechargeable Batteries. The new batteries are made of with 4 percent recycled battery material and offered long-lasting power. The new set of batteries increased the product portfolio of the company.
Duracell Inc. (A Subsidiary of Berkshire Hathaway Inc.) and Energizer are the dominating player in Ethiopia Battery market respectively. The other key players existing in the market includes Panasonic Corporation, TOSHIBA CORPORATION, Eveready (Pty) Ltd., Metair, Shenzhen A&S Power Technology Co., Ltd., LITHIUMWERKS, Amara Raja Batteries Ltd., AutoX, Probe Group, Energizer, Saft (A Subsidiary of Total), Dixon Batteries, BlueNova and Trojan Battery Company and among others.
Duracell Inc. (A Subsidiary of Berkshire Hathaway Inc.) is headquartered in Geneva, Switzerland and was founded in 1920. The company is engaged in manufacturing of high performance alkaline batteries, rechargeable and specialty cells. Company offers product categories such as alkaline batteries, rechargeable and chargers, specialty batteries, coin/button batteries.
The company has presence across the globe in Americas, Europe, Asia-Pacific, Middle East and Africa. In addition, it also generates revenue from its subsidiaries such as Duracell US Operations (U.S.), Duracell Industrial Operations, Inc (U.S.), Duracell U.S. Holding LLC (U.S.), Duracell Canada, Inc (Canada), Duracell Comercial e Importadora do Brazil Ltda. (Brazil).
Energizer is headquartered in Missouri, U.S. and was founded in 1896. The company is engaged in the manufacturing of primary batteries and portable lighting products. Company offers product categories such as batteries, lighting, and rechargeable.
The company has wide global presence across Americas, Europe, Africa, Asia-Pacific and generates revenue from subsidiaries such as Energizer Korea (South Korea), Energizer Canada Inc. (Canada), Energizer Australia Pty. Ltd (Australia), Spectrum Brands Denmark A/S (Denmark), Varta Consumer Batteries Italia Srl (Italy) among others.
Ethiopia Battery Market – Industry Trends and Forecast to 2027