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Rechargeable Pouch Battery Industry Research Report 2026
Market perspective
The global Rechargeable Pouch Battery market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Rechargeable Pouch Battery is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Rechargeable Pouch Battery is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Rechargeable Pouch Battery is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Rechargeable Pouch Battery include VDL Electronics Co.,Ltd., Highpower Technology Co., Ltd, Great Power Energy & Techology Co.,Ltd, Lishen Battery Joint-Stock Co., Ltd, CosMX Battery Co Ltd, Liwinon New Energy Technology Co.,Ltd, Amperex Technology Limited, LG Energy Solution and Samsung SDI, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Rechargeable Pouch Battery market in terms of revenue (US$ million) and, where applicable, sales volume (units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Rechargeable Pouch Battery Market by Company
VDL Electronics Co.,Ltd.
Highpower Technology Co., Ltd
Great Power Energy & Techology Co.,Ltd
Lishen Battery Joint-Stock Co., Ltd
CosMX Battery Co Ltd
Liwinon New Energy Technology Co.,Ltd
Amperex Technology Limited
LG Energy Solution
Samsung SDI
Murata
Panasonic Industrial
Toshiba Corporation
Gee Power
FDK Corporation
SK Innovation
Bestgo Battery Company
Enertech International
FluxPower Battery
CustomCells
Fruedenberg Group
Echion Technologies
Leclanche
Rechargeable Pouch Battery Segment by Type
Square
Cylindrical
Rechargeable Pouch Battery Segment by Application
Smart Phone
Tablet
Laptop
Others
Rechargeable Pouch Battery Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Rechargeable Pouch Battery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Rechargeable Pouch Battery and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Rechargeable Pouch Battery.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Rechargeable Pouch Battery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Rechargeable Pouch Battery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Rechargeable Pouch Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Square
- Cylindrical
Applications
- Smart Phone
- Tablet
- Laptop
- Others
Companies covered
- VDL Electronics Co.,Ltd.
- Highpower Technology Co., Ltd
- Great Power Energy & Techology Co.,Ltd
- Lishen Battery Joint-Stock Co., Ltd
- CosMX Battery Co Ltd
- Liwinon New Energy Technology Co.,Ltd
- Amperex Technology Limited
- LG Energy Solution
- Samsung SDI
- Murata
- Panasonic Industrial
- Toshiba Corporation
- Gee Power
- FDK Corporation
- SK Innovation
- Bestgo Battery Company
- Enertech International
- FluxPower Battery
- CustomCells
- Fruedenberg Group
- Echion Technologies
- Leclanche
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Rechargeable Pouch Battery Market Size (2021-2032)
- 2.2.2 Global Rechargeable Pouch Battery Sales (2021-2032)
- 2.2.3 Global Rechargeable Pouch Battery Market Average Price (2021-2032)
- 2.3 Rechargeable Pouch Battery by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Square
- 2.3.3 Cylindrical
- 2.4 Rechargeable Pouch Battery by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Smart Phone
- 2.4.3 Tablet
- 2.4.4 Laptop
- 2.4.5 Others
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Rechargeable Pouch Battery Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Rechargeable Pouch Battery Sales (units) of Manufacturers (2021-2026)
- 3.3 Global Rechargeable Pouch Battery Revenue of Manufacturers (2021-2026)
- 3.4 Global Rechargeable Pouch Battery Average Price by Manufacturers (2021-2026)
- 3.5 Global Rechargeable Pouch Battery Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Rechargeable Pouch Battery, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Rechargeable Pouch Battery, Product Type & Application
- 3.8 Global Manufacturers of Rechargeable Pouch Battery, Established Date
- 3.9 Global Rechargeable Pouch Battery Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 VDL Electronics Co.,Ltd.
- 4.1.1 VDL Electronics Co.,Ltd. Company Information
- 4.1.2 VDL Electronics Co.,Ltd. Business Overview
- 4.1.3 VDL Electronics Co.,Ltd. Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 VDL Electronics Co.,Ltd. Rechargeable Pouch Battery Product Portfolio
- 4.1.5 VDL Electronics Co.,Ltd. Recent Developments
- 4.2 Highpower Technology Co., Ltd
- 4.2.1 Highpower Technology Co., Ltd Company Information
- 4.2.2 Highpower Technology Co., Ltd Business Overview
- 4.2.3 Highpower Technology Co., Ltd Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 Highpower Technology Co., Ltd Rechargeable Pouch Battery Product Portfolio
- 4.2.5 Highpower Technology Co., Ltd Recent Developments
- 4.3 Great Power Energy & Techology Co.,Ltd
- 4.3.1 Great Power Energy & Techology Co.,Ltd Company Information
- 4.3.2 Great Power Energy & Techology Co.,Ltd Business Overview
- 4.3.3 Great Power Energy & Techology Co.,Ltd Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 Great Power Energy & Techology Co.,Ltd Rechargeable Pouch Battery Product Portfolio
- 4.3.5 Great Power Energy & Techology Co.,Ltd Recent Developments
- 4.4 Lishen Battery Joint-Stock Co., Ltd
- 4.4.1 Lishen Battery Joint-Stock Co., Ltd Company Information
- 4.4.2 Lishen Battery Joint-Stock Co., Ltd Business Overview
- 4.4.3 Lishen Battery Joint-Stock Co., Ltd Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 Lishen Battery Joint-Stock Co., Ltd Rechargeable Pouch Battery Product Portfolio
- 4.4.5 Lishen Battery Joint-Stock Co., Ltd Recent Developments
- 4.5 CosMX Battery Co Ltd
- 4.5.1 CosMX Battery Co Ltd Company Information
- 4.5.2 CosMX Battery Co Ltd Business Overview
- 4.5.3 CosMX Battery Co Ltd Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 CosMX Battery Co Ltd Rechargeable Pouch Battery Product Portfolio
- 4.5.5 CosMX Battery Co Ltd Recent Developments
- 4.6 Liwinon New Energy Technology Co.,Ltd
- 4.6.1 Liwinon New Energy Technology Co.,Ltd Company Information
- 4.6.2 Liwinon New Energy Technology Co.,Ltd Business Overview
- 4.6.3 Liwinon New Energy Technology Co.,Ltd Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 Liwinon New Energy Technology Co.,Ltd Rechargeable Pouch Battery Product Portfolio
- 4.6.5 Liwinon New Energy Technology Co.,Ltd Recent Developments
- 4.7 Amperex Technology Limited
- 4.7.1 Amperex Technology Limited Company Information
- 4.7.2 Amperex Technology Limited Business Overview
- 4.7.3 Amperex Technology Limited Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Amperex Technology Limited Rechargeable Pouch Battery Product Portfolio
- 4.7.5 Amperex Technology Limited Recent Developments
- 4.8 LG Energy Solution
- 4.8.1 LG Energy Solution Company Information
- 4.8.2 LG Energy Solution Business Overview
- 4.8.3 LG Energy Solution Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 LG Energy Solution Rechargeable Pouch Battery Product Portfolio
- 4.8.5 LG Energy Solution Recent Developments
- 4.9 Samsung SDI
- 4.9.1 Samsung SDI Company Information
- 4.9.2 Samsung SDI Business Overview
- 4.9.3 Samsung SDI Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 Samsung SDI Rechargeable Pouch Battery Product Portfolio
- 4.9.5 Samsung SDI Recent Developments
- 4.10 Murata
- 4.10.1 Murata Company Information
- 4.10.2 Murata Business Overview
- 4.10.3 Murata Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 Murata Rechargeable Pouch Battery Product Portfolio
- 4.10.5 Murata Recent Developments
- 4.11 Panasonic Industrial
- 4.11.1 Panasonic Industrial Company Information
- 4.11.2 Panasonic Industrial Business Overview
- 4.11.3 Panasonic Industrial Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.11.4 Panasonic Industrial Rechargeable Pouch Battery Product Portfolio
- 4.11.5 Panasonic Industrial Recent Developments
- 4.12 Toshiba Corporation
- 4.12.1 Toshiba Corporation Company Information
- 4.12.2 Toshiba Corporation Business Overview
- 4.12.3 Toshiba Corporation Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.12.4 Toshiba Corporation Rechargeable Pouch Battery Product Portfolio
- 4.12.5 Toshiba Corporation Recent Developments
- 4.13 Gee Power
- 4.13.1 Gee Power Company Information
- 4.13.2 Gee Power Business Overview
- 4.13.3 Gee Power Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.13.4 Gee Power Rechargeable Pouch Battery Product Portfolio
- 4.13.5 Gee Power Recent Developments
- 4.14 FDK Corporation
- 4.14.1 FDK Corporation Company Information
- 4.14.2 FDK Corporation Business Overview
- 4.14.3 FDK Corporation Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.14.4 FDK Corporation Rechargeable Pouch Battery Product Portfolio
- 4.14.5 FDK Corporation Recent Developments
- 4.15 SK Innovation
- 4.15.1 SK Innovation Company Information
- 4.15.2 SK Innovation Business Overview
- 4.15.3 SK Innovation Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.15.4 SK Innovation Rechargeable Pouch Battery Product Portfolio
- 4.15.5 SK Innovation Recent Developments
- 4.16 Bestgo Battery Company
- 4.16.1 Bestgo Battery Company Company Information
- 4.16.2 Bestgo Battery Company Business Overview
- 4.16.3 Bestgo Battery Company Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.16.4 Bestgo Battery Company Rechargeable Pouch Battery Product Portfolio
- 4.16.5 Bestgo Battery Company Recent Developments
- 4.17 Enertech International
- 4.17.1 Enertech International Company Information
- 4.17.2 Enertech International Business Overview
- 4.17.3 Enertech International Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.17.4 Enertech International Rechargeable Pouch Battery Product Portfolio
- 4.17.5 Enertech International Recent Developments
- 4.18 FluxPower Battery
- 4.18.1 FluxPower Battery Company Information
- 4.18.2 FluxPower Battery Business Overview
- 4.18.3 FluxPower Battery Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.18.4 FluxPower Battery Rechargeable Pouch Battery Product Portfolio
- 4.18.5 FluxPower Battery Recent Developments
- 4.19 CustomCells
- 4.19.1 CustomCells Company Information
- 4.19.2 CustomCells Business Overview
- 4.19.3 CustomCells Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.19.4 CustomCells Rechargeable Pouch Battery Product Portfolio
- 4.19.5 CustomCells Recent Developments
- 4.20 Fruedenberg Group
- 4.20.1 Fruedenberg Group Company Information
- 4.20.2 Fruedenberg Group Business Overview
- 4.20.3 Fruedenberg Group Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.20.4 Fruedenberg Group Rechargeable Pouch Battery Product Portfolio
- 4.20.5 Fruedenberg Group Recent Developments
- 4.21 Echion Technologies
- 4.21.1 Echion Technologies Company Information
- 4.21.2 Echion Technologies Business Overview
- 4.21.3 Echion Technologies Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.21.4 Echion Technologies Rechargeable Pouch Battery Product Portfolio
- 4.21.5 Echion Technologies Recent Developments
- 4.22 Leclanche
- 4.22.1 Leclanche Company Information
- 4.22.2 Leclanche Business Overview
- 4.22.3 Leclanche Rechargeable Pouch Battery Sales, Revenue and Gross Margin (2021-2026)
- 4.22.4 Leclanche Rechargeable Pouch Battery Product Portfolio
- 4.22.5 Leclanche Recent Developments
5 Global Rechargeable Pouch Battery Market Scenario by Region
- 5.1 Global Rechargeable Pouch Battery Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Rechargeable Pouch Battery Sales by Region: 2021-2032
- 5.2.1 Global Rechargeable Pouch Battery Sales by Region: 2021-2026
- 5.2.2 Global Rechargeable Pouch Battery Sales by Region: 2027-2032
- 5.3 Global Rechargeable Pouch Battery Revenue by Region: 2021-2032
- 5.3.1 Global Rechargeable Pouch Battery Revenue by Region: 2021-2026
- 5.3.2 Global Rechargeable Pouch Battery Revenue by Region: 2027-2032
- 5.4 North America Rechargeable Pouch Battery Market Facts & Figures by Country
- 5.4.1 North America Rechargeable Pouch Battery Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Rechargeable Pouch Battery Sales by Country (2021-2032)
- 5.4.3 North America Rechargeable Pouch Battery Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Rechargeable Pouch Battery Market Facts & Figures by Country
- 5.5.1 Europe Rechargeable Pouch Battery Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Rechargeable Pouch Battery Sales by Country (2021-2032)
- 5.5.3 Europe Rechargeable Pouch Battery Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Rechargeable Pouch Battery Market Facts & Figures by Country
- 5.6.1 Asia Pacific Rechargeable Pouch Battery Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Rechargeable Pouch Battery Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Rechargeable Pouch Battery Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Rechargeable Pouch Battery Market Facts & Figures by Country
- 5.7.1 South America Rechargeable Pouch Battery Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Rechargeable Pouch Battery Sales by Country (2021-2032)
- 5.7.3 South America Rechargeable Pouch Battery Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Rechargeable Pouch Battery Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Rechargeable Pouch Battery Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Rechargeable Pouch Battery Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Rechargeable Pouch Battery Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Rechargeable Pouch Battery Sales by Type (2021-2032)
- 6.1.1 Global Rechargeable Pouch Battery Sales by Type (2021-2032) & (units)
- 6.1.2 Global Rechargeable Pouch Battery Sales Market Share by Type (2021-2032)
- 6.2 Global Rechargeable Pouch Battery Revenue by Type (2021-2032)
- 6.2.1 Global Rechargeable Pouch Battery Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Rechargeable Pouch Battery Revenue Market Share by Type (2021-2032)
- 6.3 Global Rechargeable Pouch Battery Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Rechargeable Pouch Battery Sales by Application (2021-2032)
- 7.1.1 Global Rechargeable Pouch Battery Sales by Application (2021-2032) & (units)
- 7.1.2 Global Rechargeable Pouch Battery Sales Market Share by Application (2021-2032)
- 7.2 Global Rechargeable Pouch Battery Revenue by Application (2021-2032)
- 7.2.1 Global Rechargeable Pouch Battery Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Rechargeable Pouch Battery Revenue Market Share by Application (2021-2032)
- 7.3 Global Rechargeable Pouch Battery Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Rechargeable Pouch Battery Value Chain Analysis
- 8.1.1 Rechargeable Pouch Battery Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Rechargeable Pouch Battery Production Mode & Process
- 8.2 Rechargeable Pouch Battery Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Rechargeable Pouch Battery Distributors
- 8.2.3 Rechargeable Pouch Battery Customers
9 Global Rechargeable Pouch Battery Analyzing Market Dynamics
- 9.1 Rechargeable Pouch Battery Industry Trends
- 9.2 Rechargeable Pouch Battery Industry Drivers
- 9.3 Rechargeable Pouch Battery Industry Opportunities and Challenges
- 9.4 Rechargeable Pouch Battery Industry Restraints
10 Report Conclusion
11 Disclaimer
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