Date : July 07, 2020
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The embellishing future of the new source of energy with an increase in demand for portable devices - Bonafide Research

The embellishing future of the new source of energy with an increase in demand for portable devices - Bonafide Research

There are broadly three types of dry cell batteries available in the domestic market namely Zinc-Carbone, Alkaline & Rechargeable battery. In India, a major portion of customers is using Zinc-Carbon batteries because it is available in all sizes, and also their prices are the lowest one but their durability is not much long. Shelf life of alkaline type dry cell battery is long then Zinc-Carbon battery type but at the same time it costlier too. Rechargeable dry cell batteries are good because its disposal is less as they have more capacity with a compact size.

The awareness about longer durability of the alkaline batteries, increasing disposable income, increasing the living standard of people and the problem of disposal of dry cell batteries will drive the sales in the coming years. Dry cell batteries represent the cheapest source of portable power and are used in majority electronic gadgets. India suffers from a low per capita consumption across several product groups including dry batteries, indicating a latent potential for sustainable growth in this sector.

 The future of dry cell batteries seems to be optimistic as they have recurring use and provide portable energy at an affordable cost for the daily purpose utility items. Cheap imports from China have no more proved to be a threat because of their inherent poor quality. Initially, these substantially low-cost Chinese products could attract due to price differential but their sustained use is unlikely due to poor quality.
 Alkaline batteries that dominate the global front account for the balance of the share in the Indian market. The reason for the dominance of zinc-carbon batteries is sheer cost. As most of the sales are from the rural segment, the more priority is given to price factor. Alkaline batteries are dominating at the global level market, which is slowly getting absorbed into the Indian market. Indian consumers being price sensitive are less considerate about the alkaline batteries as they cost almost thrice than that of zinc-carbon batteries even though it serves a longer usage. Alkaline batteries can be disposable or rechargeable, are generally 1.5 volts per cell, and are available in various sizes.

As per the report “India Dry Cell Battery Market Overview, 2022-2028” published by Bonafide Research the findings show that the Zinc-Carbon battery segment of the dry cell battery market has been enjoying prominent position in the market. Overall, the market has grown with a CAGR of above 1.5% in the last couple of years. This growth has also been largely supported by the organized segment of the market generating a major part of the revenue it has shown a growth of above 2.5% CAGR historically. The retail segment and distribution of the dry cell are largely depended on general provision stores, grocery shops, supermarkets and hypermarkets, electrical shops, stationery shops, gift stores, printing center, chemists' shops and even many of their products are available at the local pan shops in India.
The interest and demand for convenient portable items are the main consideration driving the dry cell battery market in the whole world market. The interest for a portable energy source – dry cell battery – is relied upon to increment over the estimated period, which is going to support the India dry cell battery market. Entrance into the alkaline and rechargeable battery types for dry cell batteries might be an enormous open door for increase market size.

More compact and more powerful dry cell batteries are increasing their market share by year on year in India. New technologies are also available to charge your device with solar lights as well as AC supply.


 

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The embellishing future of the new source of energy with an increase in demand for portable devices - Bonafide Research

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