The
demand for batteries, which has been fuelled by increase in
the usage of small pocket radios and high-powered cameras,
has improved dramatically. The shift, in the nature of demand
(from D size batteries to pencil size batteries) has also
brought in a drastic change in the demand pattern.
Eveready
Industries leads the Indian dry carbon cell market with over
40% market share. Though Eveready is a strong national player,
Nippo has a prominent presence in the southern region. Novino,
on the other hand, has a strong presence in certain pockets
in the northern region, while BPL, a new entrant, has also
managed to garner sizeable market share.
The
alkaline battery market only accounts for 5% of the total
market. This is because the alkaline battery costs twice as
much as a traditional zinc carbon battery. The higher pricing
is due to the relatively higher cost of production. Contrary
to the global trend, the higher price of alkaline battery
has dampened the market's growth in India. Alkaline batteries
in developed countries account for more than 70% of the battery
market. The alkaline segment in India is dominated by the
global brands: Duracell and Energizer. |