Power bank market size in India | Growth Insights, Trends & Share 2025

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Code: MTA10491

Publication Date: Nov 2025

What is the growth rate of the India Power Bank Market?

According to 6Wresearch internal database and industry insights, the India Power Bank Market is expected to grow at a CAGR of 9.4% during 2025-2031.

The main drivers of this growth are the surge in smartphone usage, rising demand for portable energy solutions, frequent power outages, and the increased adoption of electronic devices. Moreover, technological advancements such as fast-charging batteries and compact designs further enhance the market expansion and consumer accessibility.

Growth Factors for India Power Bank Industry

Increasing smartphone and tablet across urban and rural areas.
Rising consumer preference for compact, lightweight, and fast-charging power banks.
Expansion of e-commerce platforms facilitates easy product accessibility.
Growing demand from travellers and outdoor users for reliable energy backup.
Technological innovations in lithium-polymer and lithium-ion battery efficiency.

India Power Bank Market Trends

The India Power Bank Market dynamics show fast migration to higher capacity power banks with fast charging capabilities, as well as a demand for sustainable products and renewable technology. Demand has also increased for higher capacity power banks with USB Type-C and multi-charging ports and solar-powered capability. Manufacturers have also emphasised unique products with wireless charging and battery capacity, and a desire for sustainable materials and recyclable packaging. Collaborations with smartphone brands are also improving compatibility for devices, as well as enhancing brand visibility in products.

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Emerging Developments in the India Power Bank Market

Emerging developments in the India Power Bank Market include increased investment in battery technology and local manufacturing due to initiatives such as Make in India. Companies are launching multifunction power banks with built-in cables, LED lights, and wireless charging. The India Power Bank Market is seeing miniaturisation of products without reduced battery capacity. Partnerships with telecom operators and additional online retailers are expanding product across tier-II and tier-III cities.