| Product Code: ETC5743584 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the foam market exhibited a growth rate of 8.89% from 2023 to 2024, with a compound annual growth rate (CAGR) of 16.18% from 2020 to 2024. This significant increase in imports can be attributed to a notable shift in demand for foam products in the Armenian market, indicating a strengthening market stability and growing consumer preferences for foam-based goods during this period.

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 Foam Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Foam Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Foam Market - Industry Life Cycle |
3.4 Armenia Foam Market - Porter's Five Forces |
3.5 Armenia Foam Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Foam Market Revenues & Volume Share, By Foam Type, 2022 & 2032F |
3.7 Armenia Foam Market Revenues & Volume Share, By End-use Industry, 2022 & 2032F |
4 Armenia Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for foam products in various industries such as construction, automotive, and packaging. |
4.2.2 Growing awareness about the benefits of foam materials such as insulation properties, lightweight nature, and durability. |
4.2.3 Expansion of the construction sector in Armenia leading to higher demand for foam insulation and other foam products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of foam products. |
4.3.2 Stringent regulations related to environmental impact and disposal of foam materials. |
4.3.3 Intense competition from alternative materials like fiberglass, cellulose, and mineral wool. |
5 Armenia Foam Market Trends |
6 Armenia Foam Market Segmentations |
6.1 Armenia Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Foam Market Revenues & Volume, By Flexible Foam, 2022-2032F |
6.1.3 Armenia Foam Market Revenues & Volume, By Rigid Foam, 2022-2032F |
6.2 Armenia Foam Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Foam Market Revenues & Volume, By Polyurethane, 2022-2032F |
6.2.3 Armenia Foam Market Revenues & Volume, By Polystyrene, 2022-2032F |
6.2.4 Armenia Foam Market Revenues & Volume, By Polyolefin, 2022-2032F |
6.2.5 Armenia Foam Market Revenues & Volume, By Phenolic, 2022-2032F |
6.2.6 Armenia Foam Market Revenues & Volume, By PET, 2022-2032F |
6.2.7 Armenia Foam Market Revenues & Volume, By Others, 2022-2032F |
6.3 Armenia Foam Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Armenia Foam Market Revenues & Volume, By Building & Construction, 2022-2032F |
6.3.3 Armenia Foam Market Revenues & Volume, By Packaging, 2022-2032F |
6.3.4 Armenia Foam Market Revenues & Volume, By Automotive, 2022-2032F |
6.3.5 Armenia Foam Market Revenues & Volume, By Furniture & Bedding, 2022-2032F |
6.3.6 Armenia Foam Market Revenues & Volume, By Footwear, Sports, & Recreational, 2022-2032F |
6.3.7 Armenia Foam Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Foam Market Import-Export Trade Statistics |
7.1 Armenia Foam Market Export to Major Countries |
7.2 Armenia Foam Market Imports from Major Countries |
8 Armenia Foam Market Key Performance Indicators |
8.1 Energy efficiency ratings of foam insulation products. |
8.2 Number of new construction projects utilizing foam materials. |
8.3 Rate of adoption of foam products in the automotive industry. |
8.4 Research and development investment in creating innovative foam products. |
9 Armenia Foam Market - Opportunity Assessment |
9.1 Armenia Foam Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Foam Market Opportunity Assessment, By Foam Type, 2022 & 2032F |
9.3 Armenia Foam Market Opportunity Assessment, By End-use Industry, 2022 & 2032F |
10 Armenia Foam Market - Competitive Landscape |
10.1 Armenia Foam Market Revenue Share, By Companies, 2025 |
10.2 Armenia Foam 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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