Russia Aluminum Foil Market Size & Outlook, 2021-2030
Russia aluminum foil market, 2017-2030 (US$M)
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Russia aluminum foil market highlights
- The Russia aluminum foil market generated a revenue of USD 460.6 million in 2021 and is expected to reach USD 693.6 million by 2030.
- The Russia market is expected to grow at a CAGR of 4.7% from 2022 to 2030.
- In terms of segment, other products was the largest revenue generating product in 2021.
- Blister Packs is the most lucrative product segment registering the fastest growth during the forecast period.
Aluminum foil market data book summary
| Market revenue in 2021 | USD 460.6 million |
| Market revenue in 2030 | USD 693.6 million |
| Growth rate | 4.7% (CAGR from 2021 to 2030) |
| Largest segment | Other products |
| Fastest growing segment | Blister Packs |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wrapper Foils, Container Foils, Foil Lids, Pouches, Blister Packs, Other Products |
| Key market players worldwide | Amcor, Eurofoil, Hindalco Industries Ltd GDR, Huawei Technologies, UACJ, Carcano Antonio SpA, Assan Alüminyum Sanayi ve Ticaret, Ess Dee Aluminium Limited, Laminazione Sottile, Shanghai Metal Corporation, Zhejiang Mingdao Aluminum Co. |
Other key industry trends
- In terms of revenue, Russia accounted for 1.9% of the global aluminum foil market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aluminum foil market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,252.9 million by 2030.
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Aluminum Foil Market Scope
Aluminum Foil Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia aluminum foil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum foil market will help companies and investors design strategic landscapes.
Other products was the largest segment with a revenue share of 27.25% in 2021. Horizon Databook has segmented the Russia aluminum foil market based on wrapper foils, container foils, foil lids, pouches, blister packs, other products covering the revenue growth of each sub-segment from 2017 to 2030.
The Russian economy contracted by 3% in 2020 due to the COVID-19 crisis and registered a growth rate of 4.7% in 2021. However, in 2022, the country’s economic growth is expected to plunge in light of new sanctions the Western countries applied due to the Russia-Ukraine war.
However, the increasing inclination of the government to electrify its bus fleet is likely to positively aid the market growth of aluminum foil (used in batteries) over the forecast period. For instance, in January 2022, the Moscow city government announced to procure another 500 electric buses from Kamaz the same year.
In addition, the Moscow city government announced the conversion of the entire bus fleet to electric by 2030. Since aluminum is extensively used as a capacitor and cathode foil of EV batteries, such developments are anticipated to sustain growth over the forecast period.
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Our clientele includes a mix of aluminum foil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia aluminum foil market , including forecasts for subscribers. This country databook contains high-level insights into Russia aluminum foil market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia aluminum foil market size, by product, 2017-2030 (US$M)
Russia Aluminum Foil Market Outlook Share, 2021 & 2030 (US$M)
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