| Product Code: ETC4798106 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the home appliances market experienced a notable decline from 2023 to 2024, with a growth rate of -36.57%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a positive 13.35%. This significant drop in import momentum in 2024 could be attributed to factors such as shifts in consumer demand or changes in trade policies affecting the market`s stability during that period.
The home appliances market in Armenia involves the production and sale of household devices designed for everyday use, including refrigerators, washing machines, microwaves, and other essential appliances that enhance domestic convenience and efficiency.
Increasing urbanization and rising disposable incomes drive demand for home appliances like refrigerators, washing machines, and air conditioners. Technological advancements in energy efficiency and smart appliances further propel market growth.
Challenges in Armenia`s home appliances market include affordability for consumers, energy efficiency regulations, and the need for product differentiation in a competitive market.
The Armenian government is actively promoting the growth of the home appliances market by offering incentives for local manufacturing and importation of energy-efficient appliances. Policies include tax breaks for companies that meet energy efficiency standards and subsidies for consumers purchasing energy-saving appliances to encourage widespread adoption.
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 Home Appliances Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Home Appliances Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Home Appliances Market - Industry Life Cycle |
3.4 Armenia Home Appliances Market - Porter's Five Forces |
3.5 Armenia Home Appliances Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Armenia Home Appliances Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Armenia Home Appliances Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Armenia Home Appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Home Appliances Market Trends |
6 Armenia Home Appliances Market Segmentations |
6.1 Armenia Home Appliances Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Armenia Home Appliances Market Revenues & Volume, By Kitchen Appliances, 2021-2031F |
6.1.3 Armenia Home Appliances Market Revenues & Volume, By Washing Appliances, 2021-2031F |
6.1.4 Armenia Home Appliances Market Revenues & Volume, By Entertainment Appliances, 2021-2031F |
6.1.5 Armenia Home Appliances Market Revenues & Volume, By Air Conditioner, 2021-2031F |
6.1.6 Armenia Home Appliances Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Home Appliances Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Armenia Home Appliances Market Revenues & Volume, By Wi-Fi, 2021-2031F |
6.2.3 Armenia Home Appliances Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.4 Armenia Home Appliances Market Revenues & Volume, By ZigBee, 2021-2031F |
6.2.5 Armenia Home Appliances Market Revenues & Volume, By Radio Frequency Identification, 2021-2031F |
6.2.6 Armenia Home Appliances Market Revenues & Volume, By Cellular Technology, 2021-2031F |
6.2.7 Armenia Home Appliances Market Revenues & Volume, By IoT, 2021-2031F |
6.3 Armenia Home Appliances Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Armenia Home Appliances Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 Armenia Home Appliances Market Revenues & Volume, By E-commerce, 2021-2031F |
6.3.4 Armenia Home Appliances Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Home Appliances Market Import-Export Trade Statistics |
7.1 Armenia Home Appliances Market Export to Major Countries |
7.2 Armenia Home Appliances Market Imports from Major Countries |
8 Armenia Home Appliances Market Key Performance Indicators |
9 Armenia Home Appliances Market - Opportunity Assessment |
9.1 Armenia Home Appliances Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Armenia Home Appliances Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Armenia Home Appliances Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Armenia Home Appliances Market - Competitive Landscape |
10.1 Armenia Home Appliances Market Revenue Share, By Companies, 2024 |
10.2 Armenia Home Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |