| Product Code: ETC6154614 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for the CBD patch market showed a decline in growth rate from 2023 to 2024, with a decrease of -5.29%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 was positive at 11.47%. This shift may be attributed to changing consumer preferences or evolving regulatory frameworks impacting import momentum.

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 CBD Patch Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia CBD Patch Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia CBD Patch Market - Industry Life Cycle |
3.4 Armenia CBD Patch Market - Porter's Five Forces |
3.5 Armenia CBD Patch Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Armenia CBD Patch Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Armenia CBD Patch Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Armenia CBD Patch Market Revenues & Volume Share, By Dosage, 2021 & 2031F |
3.9 Armenia CBD Patch Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.10 Armenia CBD Patch Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Armenia CBD Patch Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
4 Armenia CBD Patch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of CBD patches for pain relief and wellness in Armenia |
4.2.2 Growing acceptance of alternative medicine and natural remedies among the Armenian population |
4.2.3 Favorable government regulations and policies supporting the use of CBD products |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality CBD patches in the Armenian market |
4.3.2 Cultural stigma or misconceptions surrounding the use of CBD products in Armenia |
4.3.3 Lack of clear guidelines on dosages and usage of CBD patches in Armenia |
5 Armenia CBD Patch Market Trends |
6 Armenia CBD Patch Market, By Types |
6.1 Armenia CBD Patch Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia CBD Patch Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Armenia CBD Patch Market Revenues & Volume, By Layer Drug-In-Adhesive, 2021- 2031F |
6.1.4 Armenia CBD Patch Market Revenues & Volume, By Reservoir, 2021- 2031F |
6.1.5 Armenia CBD Patch Market Revenues & Volume, By Matrix, 2021- 2031F |
6.2 Armenia CBD Patch Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Armenia CBD Patch Market Revenues & Volume, By Cannabis Indica, 2021- 2031F |
6.2.3 Armenia CBD Patch Market Revenues & Volume, By Sativa, 2021- 2031F |
6.2.4 Armenia CBD Patch Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.3 Armenia CBD Patch Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Armenia CBD Patch Market Revenues & Volume, By Two to Five Patches, 2021- 2031F |
6.3.3 Armenia CBD Patch Market Revenues & Volume, By Single Patch, 2021- 2031F |
6.3.4 Armenia CBD Patch Market Revenues & Volume, By More Than Five Patches, 2021- 2031F |
6.4 Armenia CBD Patch Market, By Dosage |
6.4.1 Overview and Analysis |
6.4.2 Armenia CBD Patch Market Revenues & Volume, By Below 30mg, 2021- 2031F |
6.4.3 Armenia CBD Patch Market Revenues & Volume, By 30-40 mg, 2021- 2031F |
6.4.4 Armenia CBD Patch Market Revenues & Volume, By 40-50mg, 2021- 2031F |
6.4.5 Armenia CBD Patch Market Revenues & Volume, By Above 50 mg, 2021- 2031F |
6.5 Armenia CBD Patch Market, By Derivatives |
6.5.1 Overview and Analysis |
6.5.2 Armenia CBD Patch Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.5.3 Armenia CBD Patch Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
6.5.4 Armenia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Armenia CBD Patch Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Armenia CBD Patch Market Revenues & Volume, By Chronic Pain, 2021- 2031F |
6.6.3 Armenia CBD Patch Market Revenues & Volume, By Anxiety, 2021- 2031F |
6.6.4 Armenia CBD Patch Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.6.5 Armenia CBD Patch Market Revenues & Volume, By Elevate Mood, 2021- 2031F |
6.6.6 Armenia CBD Patch Market Revenues & Volume, By Neurological Pain, 2021- 2031F |
6.6.7 Armenia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Armenia CBD Patch Market, By Source Type |
6.7.1 Overview and Analysis |
6.7.2 Armenia CBD Patch Market Revenues & Volume, By Natural, 2021- 2031F |
6.7.3 Armenia CBD Patch Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.8 Armenia CBD Patch Market, By End User |
6.8.1 Overview and Analysis |
6.8.2 Armenia CBD Patch Market Revenues & Volume, By Homecare Setting, 2021- 2031F |
6.8.3 Armenia CBD Patch Market Revenues & Volume, By Research and Development Centres, 2021- 2031F |
6.8.4 Armenia CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.5 Armenia CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.6 Armenia CBD Patch Market Revenues & Volume, By Rehab Centres, 2021- 2031F |
6.8.7 Armenia CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia CBD Patch Market Import-Export Trade Statistics |
7.1 Armenia CBD Patch Market Export to Major Countries |
7.2 Armenia CBD Patch Market Imports from Major Countries |
8 Armenia CBD Patch Market Key Performance Indicators |
8.1 Number of pharmacies and wellness stores stocking CBD patches in Armenia |
8.2 Percentage increase in online searches for CBD patches in Armenia |
8.3 Number of clinical studies or research papers published on the efficacy of CBD patches in pain management and wellness |
9 Armenia CBD Patch Market - Opportunity Assessment |
9.1 Armenia CBD Patch Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Armenia CBD Patch Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Armenia CBD Patch Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Armenia CBD Patch Market Opportunity Assessment, By Dosage, 2021 & 2031F |
9.5 Armenia CBD Patch Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.6 Armenia CBD Patch Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Armenia CBD Patch Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.7 Armenia CBD Patch Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Armenia CBD Patch Market - Competitive Landscape |
10.1 Armenia CBD Patch Market Revenue Share, By Companies, 2024 |
10.2 Armenia CBD Patch 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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