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Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Power Bank Market Outlook
*this image is indicative*
Based on the battery type, lithium-ion batteries led the Australia power bank market by providing portable charging solutions. Their lightweight and compact size allows them to store a large amount of energy efficiently. These batteries are preferred for their fast-charging capabilities, making them ideal for quickly charging connected devices. Safety features like temperature monitoring and overcharge protection further enhance the safety of both connected devices and the batteries themselves. Lithium polymer batteries deliver high power output, making them ideal for charging tablets and various electronic devices. In February 2024, Belkin released portable charging solution, the BoostCharge Hybrid Wall Charger and Power Bank 5K with Travel Adapter Kit, in Australia.
The development of the power bank market in Australia is driven by several advancements. The recharge speed of power banks has significantly increased with the integration of fast charging technologies like quick charge and power delivery. Manufacturers are also focusing on enhancing portability by designing lightweight and convenient features. Additionally, there is a rising trend in integrating solar charging technology into power banks, enabling energy savings and outdoor charging capabilities. Moreover, smart features are increasingly being incorporated into power banks, enhancing their functionality and appeal to consumers.
Australia Power Bank Market Summary | Description | Value |
Base Year | AUD Million | 2023 |
Historical period | AUD Million | 2018-2023 |
Forecast Period | AUD Million | 2024-2032 |
Market Size 2023 | AUD Million | 306.19 |
Market Size 2032 | AUD Million | 447.02 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 4.3% |
CAGR 2024-2032 - Market by Region | Australian Capital Territory | 4.9% |
CAGR 2024-2032 - Market by Region | Victoria | 4.1% |
CAGR 2024-2032 - Market by Product | Lithium ion | 3.1% |
CAGR 2024-2032 - Market by Sales Channel | Laptops | 4.1% |
2023 Market Share by Region | Victoria | 22.6% |
Australia Power Bank Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Capacity
Market Breakup by Battery Type
Market Breakup by Charging Mode
Market Breakup by Energy Source
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Online distribution channels hold a significant share of the Australia power bank market due to their extensive product selection, convenience, competitive pricing, access to product reviews and ratings, ease of comparison shopping, personalized recommendations, flexible delivery options, accessibility to niche products, and round-the-clock availability.
CAGR 2024-2032 - Market by | Region |
Australian Capital Territory | 4.9% |
Victoria | 4.1% |
Queensland | 3.9% |
New South Wales | XX% |
Western Australia | XX% |
Others | XX% |
The growth of the power bank market is fuelled by increased mobile device usage, technological advancements, integration of smart features, energy efficiency and sustainability, and customization and branding.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market was valued at AUD 166.23 million in 2023.
The market is projected to grow at a CAGR of 2.99% between 2024 and 2032.
The revenue generated from the power bank market is expected to reach AUD 216.70 million in 2032.
Based on the battery type, the power bank market is bifurcated into lithium polymer and lithium-ion.
Key players in the power bank industry are Anker Innovations Australia Pty Ltd., Cygnett Pty Ltd., Samsung Electronics Australia Pty Limited, Belkin Ltd., Laser Corporation Holdings Pty Limited, and TRION, among others.
Based on distribution channels, the power bank market is divided into online and offline.
Based on the application, the power bank market is bifurcated into laptops, cameras, smartphones, tablets, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Capacity |
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Breakup by Battery Type |
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Breakup by Charging Mode |
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Breakup by Energy Source |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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