| Product Code: ETC5253232 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for caps & closures in 2024 experienced a -7.53% decline from the previous year, with a compound annual growth rate (CAGR) of 12.92% from 2020 to 2024. This shift in import momentum could be attributed to changing consumer preferences or fluctuations in global supply chains impacting market stability.

In the Asia region, the Caps & Closures market in Armenia is projected to expand at a high growth rate of 12.36% 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 Caps & Closures Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Caps & Closures Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Caps & Closures Market - Industry Life Cycle |
3.4 Armenia Caps & Closures Market - Porter's Five Forces |
3.5 Armenia Caps & Closures Market Revenues & Volume Share, By Raw Material, 2022 & 2032F |
3.6 Armenia Caps & Closures Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.7 Armenia Caps & Closures Market Revenues & Volume Share, By End-Use, 2022 & 2032F |
4 Armenia Caps & Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in Armenia |
4.2.2 Growing focus on sustainability and eco-friendly packaging solutions |
4.2.3 Rise in pharmaceutical and healthcare industries in the region |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of technological advancements in caps and closures manufacturing |
4.3.3 Stringent regulations and standards for packaging materials |
5 Armenia Caps & Closures Market Trends |
6 Armenia Caps & Closures Market Segmentations |
6.1 Armenia Caps & Closures Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Armenia Caps & Closures Market Revenues & Volume, By Plastic, 2022-2032F |
6.1.3 Armenia Caps & Closures Market Revenues & Volume, By Metals, 2022-2032F |
6.1.4 Armenia Caps & Closures Market Revenues & Volume, By Others, 2022-2032F |
6.2 Armenia Caps & Closures Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Caps & Closures Market Revenues & Volume, By Plastics Caps & Closures, 2022-2032F |
6.2.3 Armenia Caps & Closures Market Revenues & Volume, By Metal Caps & Closures , 2022-2032F |
6.2.4 Armenia Caps & Closures Market Revenues & Volume, By Other Caps & Closures, 2022-2032F |
6.3 Armenia Caps & Closures Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Armenia Caps & Closures Market Revenues & Volume, By Food, 2022-2032F |
6.3.3 Armenia Caps & Closures Market Revenues & Volume, By Beverage, 2022-2032F |
6.3.4 Armenia Caps & Closures Market Revenues & Volume, By Healthcare, 2022-2032F |
6.3.5 Armenia Caps & Closures Market Revenues & Volume, By Cosmetics & toiletries, 2022-2032F |
6.3.6 Armenia Caps & Closures Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Caps & Closures Market Import-Export Trade Statistics |
7.1 Armenia Caps & Closures Market Export to Major Countries |
7.2 Armenia Caps & Closures Market Imports from Major Countries |
8 Armenia Caps & Closures Market Key Performance Indicators |
8.1 Percentage of caps and closures made from recyclable materials |
8.2 Adoption rate of innovative cap and closure designs |
8.3 Number of partnerships or collaborations with key players in the packaging industry |
9 Armenia Caps & Closures Market - Opportunity Assessment |
9.1 Armenia Caps & Closures Market Opportunity Assessment, By Raw Material, 2022 & 2032F |
9.2 Armenia Caps & Closures Market Opportunity Assessment, By Type, 2022 & 2032F |
9.3 Armenia Caps & Closures Market Opportunity Assessment, By End-Use, 2022 & 2032F |
10 Armenia Caps & Closures Market - Competitive Landscape |
10.1 Armenia Caps & Closures Market Revenue Share, By Companies, 2025 |
10.2 Armenia Caps & Closures 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.
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