| Product Code: ETC4801963 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia Handicrafts Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.50% in 2025, the market peaks at 12.28% in 2026, and settles at 6.80% by 2029.

In the Asia region, the Handicrafts market in Armenia is projected to expand at a high growth rate of 12.19% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Handicrafts Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Handicrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Handicrafts Market - Industry Life Cycle |
3.4 Armenia Handicrafts Market - Porter's Five Forces |
3.5 Armenia Handicrafts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Handicrafts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Armenia Handicrafts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Armenia Handicrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Handicrafts Market Trends |
6 Armenia Handicrafts Market Segmentations |
6.1 Armenia Handicrafts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Handicrafts Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Armenia Handicrafts Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Armenia Handicrafts Market Revenues & Volume, By Hand printed Textiles and Scarves, 2021-2031F |
6.1.5 Armenia Handicrafts Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Armenia Handicrafts Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Armenia Handicrafts Market Revenues & Volume, By Imitation Jewellery, 2021-2031F |
6.1.9 Armenia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Armenia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Handicrafts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Armenia Handicrafts Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Armenia Handicrafts Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Armenia Handicrafts Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Armenia Handicrafts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Armenia Handicrafts Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Armenia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Handicrafts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Armenia Handicrafts Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Armenia Handicrafts Market Revenues & Volume, By Commercial, 2021-2031F |
7 Armenia Handicrafts Market Import-Export Trade Statistics |
7.1 Armenia Handicrafts Market Export to Major Countries |
7.2 Armenia Handicrafts Market Imports from Major Countries |
8 Armenia Handicrafts Market Key Performance Indicators |
9 Armenia Handicrafts Market - Opportunity Assessment |
9.1 Armenia Handicrafts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Handicrafts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Armenia Handicrafts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Armenia Handicrafts Market - Competitive Landscape |
10.1 Armenia Handicrafts Market Revenue Share, By Companies, 2024 |
10.2 Armenia Handicrafts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here