A packaging material for batteries including a laminate in which at least a base material layer, a metal layer, and a sealant layer are laminated in order, the sum (A+B) of a value A of stress when 40% extended/stress when 10% extended in the direction MD and a value B of stress when 40% extended/stress when 10% extended in the direction TD of the laminate satisfying the relationship A+B≥2.50.