India Alkaline Battery Market Size (2024 - 2029)

India Alkaline Battery Market Size Summary

The India alkaline battery market is poised for growth, driven by the prolonged activity of alkaline batteries over zinc-carbon alternatives and the increasing demand for cost-effective and eco-friendly primary batteries. Despite the challenges posed by the COVID-19 pandemic, which disrupted manufacturing and raw material procurement, the market is expected to expand due to the rising per capita income and the growing consumption of portable power sources. The primary battery segment, known for its wide applications in consumer electronics such as flashlights, calculators, and smoke alarms, is anticipated to be the largest due to its numerous advantages and the ongoing demand from various sectors, including the military and electronic voting systems.

The market landscape is characterized by a fragmented structure with key players like Duracell Inc., Indo National Limited, and Eveready Industries India Ltd. actively participating. The increasing demand for consumer electronics, fueled by rising incomes, urbanization, and the expansion of e-commerce platforms, is expected to further drive the demand for alkaline batteries. Additionally, global manufacturers are focusing on expanding their presence in India by introducing new, low-cost products. However, the market faces competition from lithium-ion batteries, which offer higher energy density. Regulatory developments, such as the draft notification for battery waste management by the Ministry of Environment, Forest, and Climate Change, also play a crucial role in shaping the market dynamics.