The flexible batteries market size has grown exponentially in recent years. It will grow from $0.33 billion in 2025 to $0.41 billion in 2026 at a compound annual growth rate (CAGR) of 22.9%. The growth in the historic period can be attributed to emergence of wearable electronics, early commercialization of thin film batteries, rising demand for compact energy storage, growth in smart packaging adoption, increasing use of sensors in portable devices.
The flexible batteries market size is expected to see exponential growth in the next few years. It will grow to $0.92 billion in 2030 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to expanding wearable healthcare market, rising adoption of smart labels and cards, increasing integration of batteries in flexible electronics, growing demand for environmentally friendly energy storage, accelerating development of printed battery technologies. Major trends in the forecast period include increasing adoption of flexible power sources in wearables, growing demand for ultra thin and lightweight energy storage, rising use of flexible batteries in smart packaging solutions, expansion of medical grade flexible battery applications, increasing integration of printed and thin film batteries in iot devices.
The flexible batteries market is anticipated to experience significant growth, driven by the increasing adoption of wearable devices. Wearable devices, which are electronic gadgets worn on the user's body and connected to the internet for data collection and transmission, utilize flexible batteries to extend device battery life and ensure optimal performance and safety during repeated bending. In October 2023, the International Data Corporation reported a rise in global wearable shipments from 492,247,834 in 2022 to 519,839,947 in 2023, with an estimated projection of 625,399,055 by 2027, highlighting the substantial growth in the adoption of wearable devices and its positive impact on the flexible batteries market.
Key players in the flexible batteries market are concentrating on the development of innovative products with advanced features, exemplified by Evloflex, to better meet customer demand. EVLO Energy Storage Inc., a US-based energy storage company, unveiled its next-generation battery solution, Evloflex, in May 2023. This powerful and flexible battery storage system prioritizes efficiency, cost-effectiveness in firming renewable energy at scale, and enabling grid resilience. Constructed with a safety-centric approach, Evloflex utilizes lithium-iron phosphate (LFP) battery chemistry, incorporates state-of-the-art control and communication architecture, and boasts industry-leading safety features. The system is easily configurable, highly scalable, and equipped with a potent Energy Management System (EMS) for remote control and monitoring.
In June 2024, Ricardo, a U.K.-based strategic, environmental, and engineering consulting firm, partnered with InoBat to launch a new flexible battery module concept designed for low-volume performance automotive applications. Through this collaboration, Ricardo and InoBat aim to deliver advanced, customizable battery solutions that enhance performance, efficiency, and scalability for niche automotive manufacturers. InoBat is a Slovakia-based company specializing in the research, development, and production of innovative battery cells and energy storage solutions.
Major companies operating in the flexible batteries market are Panasonic Corporation, LG Chem Ltd., Samsung SDI Co., Ltd., ProLogium Technology Co., Ltd., Jenax Inc., Fullriver Battery Co., Ltd., Paper Battery Company, FlexEl Inc., PolyPlus Battery Company, ITEN Industry Co., Ltd., Blue Spark Technologies, Enfucell Ltd., Front Edge Technology, Ilika plc, Imprint Energy Inc., BrightVolt, Inc., Cymbet Corporation, Energy Diagnostics, Inc., Molex LLC, Murata Manufacturing Co., Ltd.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on lithium, rare earth materials, and electronic components have increased production costs for flexible batteries, particularly impacting manufacturers relying on imported thin film materials and conductive inks. Regions such as Asia Pacific, which dominate component production, face the most supply chain disruptions. However, tariffs are encouraging companies to localize material sourcing, invest in sustainable alternatives, and enhance manufacturing efficiencies, resulting in potential long term innovation benefits for the flexible battery market.
The flexible batteries market research report is one of a series of new reports that provides flexible batteries market statistics, including flexible batteries industry global market size, regional shares, competitors with a flexible batteries market share, detailed flexible batteries market segments, market trends and opportunities, and any further data you may need to thrive in the flexible batteries industry. This flexible batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Flexible batteries represent a category of battery technology engineered for versatility and adaptability concerning form factor and application. These batteries are distinguished by their capacity to flex, twist, or conform to various shapes while maintaining their functionality. This flexibility renders them suitable for deployment in diverse devices and scenarios where traditional rigid batteries would be impractical.
The primary types of flexible batteries include thin-film batteries and printed batteries. Thin-film batteries are low-profile, flexible, and often disposable, featuring a small footprint that makes them well-suited for applications in flat electronics, wearable devices, and medical biosensors. They are available in voltages below 1.5v, between 1.5v and 3v, and above 3v, with capacities ranging from below 10mAh to above 100mAh. These batteries serve as both primary and secondary options, catering to consumer electronics, smart packaging, smart cards, medical devices, wireless sensors, and various other applications.Asia-Pacific was the largest region in the flexible batteries market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the flexible batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The flexible batteries market consists of sales of micro-batteries, organic batteries, flexible lithium-ion batteries, and polymer batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The flexible batteries market size is expected to see exponential growth in the next few years. It will grow to $0.92 billion in 2030 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to expanding wearable healthcare market, rising adoption of smart labels and cards, increasing integration of batteries in flexible electronics, growing demand for environmentally friendly energy storage, accelerating development of printed battery technologies. Major trends in the forecast period include increasing adoption of flexible power sources in wearables, growing demand for ultra thin and lightweight energy storage, rising use of flexible batteries in smart packaging solutions, expansion of medical grade flexible battery applications, increasing integration of printed and thin film batteries in iot devices.
The flexible batteries market is anticipated to experience significant growth, driven by the increasing adoption of wearable devices. Wearable devices, which are electronic gadgets worn on the user's body and connected to the internet for data collection and transmission, utilize flexible batteries to extend device battery life and ensure optimal performance and safety during repeated bending. In October 2023, the International Data Corporation reported a rise in global wearable shipments from 492,247,834 in 2022 to 519,839,947 in 2023, with an estimated projection of 625,399,055 by 2027, highlighting the substantial growth in the adoption of wearable devices and its positive impact on the flexible batteries market.
Key players in the flexible batteries market are concentrating on the development of innovative products with advanced features, exemplified by Evloflex, to better meet customer demand. EVLO Energy Storage Inc., a US-based energy storage company, unveiled its next-generation battery solution, Evloflex, in May 2023. This powerful and flexible battery storage system prioritizes efficiency, cost-effectiveness in firming renewable energy at scale, and enabling grid resilience. Constructed with a safety-centric approach, Evloflex utilizes lithium-iron phosphate (LFP) battery chemistry, incorporates state-of-the-art control and communication architecture, and boasts industry-leading safety features. The system is easily configurable, highly scalable, and equipped with a potent Energy Management System (EMS) for remote control and monitoring.
In June 2024, Ricardo, a U.K.-based strategic, environmental, and engineering consulting firm, partnered with InoBat to launch a new flexible battery module concept designed for low-volume performance automotive applications. Through this collaboration, Ricardo and InoBat aim to deliver advanced, customizable battery solutions that enhance performance, efficiency, and scalability for niche automotive manufacturers. InoBat is a Slovakia-based company specializing in the research, development, and production of innovative battery cells and energy storage solutions.
Major companies operating in the flexible batteries market are Panasonic Corporation, LG Chem Ltd., Samsung SDI Co., Ltd., ProLogium Technology Co., Ltd., Jenax Inc., Fullriver Battery Co., Ltd., Paper Battery Company, FlexEl Inc., PolyPlus Battery Company, ITEN Industry Co., Ltd., Blue Spark Technologies, Enfucell Ltd., Front Edge Technology, Ilika plc, Imprint Energy Inc., BrightVolt, Inc., Cymbet Corporation, Energy Diagnostics, Inc., Molex LLC, Murata Manufacturing Co., Ltd.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on lithium, rare earth materials, and electronic components have increased production costs for flexible batteries, particularly impacting manufacturers relying on imported thin film materials and conductive inks. Regions such as Asia Pacific, which dominate component production, face the most supply chain disruptions. However, tariffs are encouraging companies to localize material sourcing, invest in sustainable alternatives, and enhance manufacturing efficiencies, resulting in potential long term innovation benefits for the flexible battery market.
The flexible batteries market research report is one of a series of new reports that provides flexible batteries market statistics, including flexible batteries industry global market size, regional shares, competitors with a flexible batteries market share, detailed flexible batteries market segments, market trends and opportunities, and any further data you may need to thrive in the flexible batteries industry. This flexible batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Flexible batteries represent a category of battery technology engineered for versatility and adaptability concerning form factor and application. These batteries are distinguished by their capacity to flex, twist, or conform to various shapes while maintaining their functionality. This flexibility renders them suitable for deployment in diverse devices and scenarios where traditional rigid batteries would be impractical.
The primary types of flexible batteries include thin-film batteries and printed batteries. Thin-film batteries are low-profile, flexible, and often disposable, featuring a small footprint that makes them well-suited for applications in flat electronics, wearable devices, and medical biosensors. They are available in voltages below 1.5v, between 1.5v and 3v, and above 3v, with capacities ranging from below 10mAh to above 100mAh. These batteries serve as both primary and secondary options, catering to consumer electronics, smart packaging, smart cards, medical devices, wireless sensors, and various other applications.Asia-Pacific was the largest region in the flexible batteries market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the flexible batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The flexible batteries market consists of sales of micro-batteries, organic batteries, flexible lithium-ion batteries, and polymer batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Flexible Batteries Market Characteristics
3. Flexible Batteries Market Supply Chain Analysis
4. Global Flexible Batteries Market Trends and Strategies
5. Flexible Batteries Market Analysis of End Use Industries
7. Global Flexible Batteries Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Flexible Batteries Total Addressable Market (TAM) Analysis for the Market
9. Flexible Batteries Market Segmentation
10. Flexible Batteries Market Regional and Country Analysis
11. Asia-Pacific Flexible Batteries Market
12. China Flexible Batteries Market
13. India Flexible Batteries Market
14. Japan Flexible Batteries Market
15. Australia Flexible Batteries Market
16. Indonesia Flexible Batteries Market
17. South Korea Flexible Batteries Market
18. Taiwan Flexible Batteries Market
19. South East Asia Flexible Batteries Market
20. Western Europe Flexible Batteries Market
21. UK Flexible Batteries Market
22. Germany Flexible Batteries Market
23. France Flexible Batteries Market
24. Italy Flexible Batteries Market
25. Spain Flexible Batteries Market
26. Eastern Europe Flexible Batteries Market
27. Russia Flexible Batteries Market
28. North America Flexible Batteries Market
29. USA Flexible Batteries Market
30. Canada Flexible Batteries Market
31. South America Flexible Batteries Market
32. Brazil Flexible Batteries Market
33. Middle East Flexible Batteries Market
34. Africa Flexible Batteries Market
36. Flexible Batteries Market Competitive Landscape and Company Profiles
37. Flexible Batteries Market Other Major and Innovative Companies
40. Flexible Batteries Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Flexible Batteries Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses flexible batteries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for flexible batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The flexible batteries market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Thin-Film Batteries; Printed Batteries2) By Voltage: Below 1.5V; Between 1.5V And 3V; Above 3V
3) By Capacity: Below 10 mAh; Between 10 mAh And 100 mAh; Above 100 mAh
4) By Rechargeability: Primary Batteries; Secondary Batteries
5) By Application: Consumer Electronics; Smart Packaging; Smart Cards; Medical Devices; Wireless Sensors; Others Applications
Subsegments:
1) By Thin-Film Batteries: Solid-State Thin-Film Batteries; Lithium-Based Thin-Film Batteries2) By Printed Batteries: Printed Lithium Batteries; Printed Zinc Batteries
Companies Mentioned: Panasonic Corporation; LG Chem Ltd.; Samsung SDI Co., Ltd.; ProLogium Technology Co., Ltd.; Jenax Inc.; Fullriver Battery Co., Ltd.; Paper Battery Company; FlexEl Inc.; PolyPlus Battery Company; ITEN Industry Co., Ltd.; Blue Spark Technologies; Enfucell Ltd.; Front Edge Technology; Ilika plc; Imprint Energy Inc.; BrightVolt, Inc.; Cymbet Corporation; Energy Diagnostics, Inc.; Molex LLC, Murata Manufacturing Co., Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Flexible Batteries market report include:- Panasonic Corporation
- LG Chem Ltd.
- Samsung SDI Co., Ltd.
- ProLogium Technology Co., Ltd.
- Jenax Inc.
- Fullriver Battery Co., Ltd.
- Paper Battery Company
- FlexEl Inc.
- PolyPlus Battery Company
- ITEN Industry Co., Ltd.
- Blue Spark Technologies
- Enfucell Ltd.
- Front Edge Technology
- Ilika plc
- Imprint Energy Inc.
- BrightVolt, Inc.
- Cymbet Corporation
- Energy Diagnostics, Inc.
- Molex LLC, Murata Manufacturing Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 0.41 Billion |
| Forecasted Market Value ( USD | $ 0.92 Billion |
| Compound Annual Growth Rate | 22.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
