The global power bank market is experiencing robust growth driven by increasing smartphone penetration, remote work trends, and the proliferation of portable electronic devices. According to Fortune Business Insights, the market was valued at USD 15.57 billion in 2025 and is projected to reach USD 16.46 billion in 2026, expanding to USD 27.17 billion by 2034 at a compound annual growth rate of 6.47% [1].
Mordor Intelligence provides a slightly higher estimate, valuing the market at USD 21.72 billion in 2026 and projecting USD 31.97 billion by 2031 with an 8.04% CAGR [4]. These variations reflect different methodology and scope, but both confirm strong upward momentum. For Southeast Asian exporters selling on Alibaba.com, the regional opportunity is even more pronounced.
The Southeast Asian power bank market on Alibaba.com grew 533% year-over-year, representing a USD 3.5 billion total addressable market. This explosive growth is driven by rising disposable incomes, urbanization, and increasing smartphone adoption across the region. Understanding this market dynamics is essential for any B2B supplier looking to establish or expand their presence on Alibaba.com.
Global Power Bank Market Size Comparison by Research Firm
| Research Firm | 2025/2026 Market Size | Projection Year | Projected Size | CAGR |
|---|---|---|---|---|
| Fortune Business Insights | USD 15.57B (2025) | 2034 | USD 27.17B | 6.47% |
| Mordor Intelligence | USD 21.72B (2026) | 2031 | USD 31.97B | 8.04% |
| Market Data Forecast (North America) | USD 4.86B (2025) | 2034 | USD 6.09B | 2.54% |
| 6Wresearch (Thailand) | USD 209.1M (2026) | N/A | N/A | 8.3% |
The Asia-Pacific region dominates global power bank consumption, accounting for 44.04% of market share in 2025 [1]. This dominance is expected to continue as smartphone penetration increases and middle-class populations expand across emerging markets. For Southeast Asian exporters, this regional proximity provides logistical advantages and cultural understanding that can be leveraged when selling on Alibaba.com.

