Battery Packaging Market Expands as EV Gigafactories and Grid-Scale Energy Storage Reshape Protection Requirements

The global battery packaging market is projected to grow from USD 39.8 billion in 2025 to USD 118.7 billion by 2035 at a CAGR of 11.57%, driven by electric vehicle production expansion, grid-scale energy storage deployment, and next-generation battery formats. Cardboard/paperboard dominates the material segment (61.23% share), while cylindrical packaging leads with prismatic growing fastest. Electric vehicles represent the fastest-growing end-use segment at 14.18% CAGR, with Asia Pacific holding 41.28% of global market share.