Russia Car Care Products Market Size & Outlook, 2021-2030
Russia car care products market, 2017-2030 (US$M)
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Russia car care products market highlights
- The Russia car care products market generated a revenue of USD 286.5 million in 2021 and is expected to reach USD 308.8 million by 2030.
- The Russia market is expected to grow at a CAGR of 0.8% from 2022 to 2030.
- In terms of segment, car cleaning products was the largest revenue generating product in 2021.
- Car Cleaning Products is the most lucrative product segment registering the fastest growth during the forecast period.
Car care products market data book summary
| Market revenue in 2021 | USD 286.5 million |
| Market revenue in 2030 | USD 308.8 million |
| Growth rate | 0.8% (CAGR from 2021 to 2030) |
| Largest segment | Car cleaning products |
| Fastest growing segment | Car Cleaning Products |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Car Cleaning Products, Car Polish, Car Wax, Wheel & Tire Care Products, Glass Cleaners, Interior Care Products |
| Key market players worldwide | 3M Co, Sonax, Tetrosyl Limited, Chemical Guys, Wurth Group, MA-FRA, Cartec, Turtle Wax, Inc, Liqui Moly, Autoglym, Mothers, Adam’s Polishes, Griot's Garage, Jopasu |
Other key industry trends
- In terms of revenue, Russia accounted for 2.8% of the global car care products market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany car care products market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 107.7 million by 2030.
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Car Care Products Market Scope
Car Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia car care products 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 car care products market will help companies and investors design strategic landscapes.
Car cleaning products was the largest segment with a revenue share of 38.12% in 2021. Horizon Databook has segmented the Russia car care products market based on car cleaning products, car polish, car wax, wheel & tire care products, glass cleaners, interior care products covering the revenue growth of each sub-segment from 2017 to 2030.
The automotive industry of Russia includes major foreign players such as Volkswagen and Ford along with domestic car brands such as AvtoVAZ. Russia is also involved in the manufacturing of global brands such as BMW, Kia, and Chevrolet.
Russia is the third-biggest producer in Europe after Germany and Spain. In 2021, the country registered a 9% increase in automobile production. Russian automotive industry saw an increase in imports of parts for automobile production in recent times.
However, increasing sanctions on companies have become a threat to the economically feasible production of automobiles. The industry saw the lowest increase in post-pandemic sales globally at about 2%.
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Our clientele includes a mix of car care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia car care products market , including forecasts for subscribers. This country databook contains high-level insights into Russia car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia car care products market size, by product, 2017-2030 (US$M)
Russia Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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