The global portable power bank market is experiencing steady growth, driven by increasing smartphone penetration, the proliferation of USB-C devices, and growing consumer awareness of portable charging solutions. According to Expert Market Research, the power bank market was valued at USD 16.75 billion in 2025 and is projected to reach USD 32.04 billion by 2035, growing at a CAGR of 6.70% during the forecast period 2026-2035 [1].
Fortune Business Insights provides a slightly more conservative but consistent outlook: the market stood at USD 15.57 billion in 2025, is expected to reach USD 16.46 billion in 2026, and will grow to USD 27.17 billion by 2034 at a CAGR of 6.47% [2]. While the two reports differ slightly in absolute values (a common occurrence in market research due to different methodology and scope), both confirm robust double-digit billion-dollar market size and healthy mid-single-digit growth rates.
For Southeast Asian exporters, the regional breakdown is particularly encouraging. The Asia Pacific region commands 44.04% of the global market share [2], meaning nearly half of all power bank demand originates from your geographic neighborhood. This proximity advantage translates to lower shipping costs, faster delivery times, and better cultural understanding of buyer preferences—competitive edges that exporters on Alibaba.com can leverage effectively.
The universal/portable type segment dominates with 60.02% market share, while the 5000-19999mAh capacity range accounts for 56.99% of the market [2]. This is crucial context for understanding where 24W power banks fit: they typically pair with 10000mAh capacity, placing them squarely in the market's sweet spot. The lithium-ion battery type holds 71.93% share [2], confirming that Li-ion (not Li-polymer or other chemistries) remains the industry standard for cost-effective, reliable portable charging.

