Australia Portable Battery Pack (Power Banks) Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Australia Portable Battery Pack (Power Banks) Market is Segmented By Types (Portable Power Banks, Solar Power Banks, Battery Cases), By Application (S....
Australia Portable Battery Pack (Power Banks) Market Size
Market Size in USD
CAGR7.59%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 7.59% |
| Market Concentration | Medium |
| Major Players | Anker Innovations, Xiaomi Corporation, Samsung Electronics Australia, Belkin Australia, Sony |
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Australia Portable Battery Pack (Power Banks) Market Analysis
The Australia Portable Battery Pack (Power Banks) Market is estimated to be valued at USD 187.2 Mn in 2024 and is expected to reach USD 312.5 Mn by 2031, growing at a compound annual growth rate (CAGR) of 7.59% from 2024 to 2031. Portable battery packs continue seeing strong demand in Australia due to the rise in smartphone and other portable device ownership. Consumers are recognizing the importance of these handy battery backups to ensure their devices are always charged while on the go.
A key market trend driving the uptake of portable battery packs is the increasing portable device clutter and need for convenient multi-device charging. As Australians continue incorporating more portable electronics into their daily lives, they also need reliable and efficient ways to keep all their mobile gadgets powered up outside their homes. Slimline and high-capacity battery packs are fulfilling this need by giving consumers portable power whenever and wherever they need it.