| Product Code: ETC4945337 | 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 leather goods market witnessed a notable import trend from 2023 to 2024, with a growth rate of 62.76%. The compound annual growth rate (CAGR) for imports in the period 2020-2024 stood at 47.09%. This surge in imports can be attributed to a significant shift in consumer demand towards high-quality leather products, indicating a strengthening market stability and increasing purchasing power within the region.
The Leather goods market in Armenia is projected to grow at a high growth rate of 13.85% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Armenia`s leather goods market produces a variety of items, including fashion accessories, footwear, and luggage. The market emphasizes craftsmanship and quality, catering to both domestic and international customers.
Armenia`s leather goods market is driven by fashion trends, luxury consumer preferences, and craftsmanship heritage. Key drivers include export opportunities, demand for premium leather accessories, and growth in retail channels.
The leather goods market in Armenia is confronted with challenges such as high production costs and competition from synthetic alternatives. Additionally, there are issues related to maintaining consistent quality and the impact of fluctuating raw material prices on market growth.
Government policies in Armenia related to the Leather Goods market aim to promote craftsmanship and heritage preservation. Policies include design patents and trademarks protection for traditional leather products, export promotion schemes for Armenian leather goods in international markets, and fostering artisanal training programs to preserve leather crafting skills.
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 Leather goods Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Leather goods Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Leather goods Market - Industry Life Cycle |
3.4 Armenia Leather goods Market - Porter's Five Forces |
3.5 Armenia Leather goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Leather goods Market Revenues & Volume Share, By ? Distribution Channel, 2021 & 2031F |
4 Armenia Leather goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Leather goods Market Trends |
6 Armenia Leather goods Market Segmentations |
6.1 Armenia Leather goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Leather goods Market Revenues & Volume, By Footwear, 2021-2031F |
6.1.3 Armenia Leather goods Market Revenues & Volume, By Luggage, 2021-2031F |
6.1.4 Armenia Leather goods Market Revenues & Volume, By Wallets & Purses, 2021-2031F |
6.1.5 Armenia Leather goods Market Revenues & Volume, By Clothing and Apparel, 2021-2031F |
6.1.6 Armenia Leather goods Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Leather goods Market, By ? Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Armenia Leather goods Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Armenia Leather goods Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Armenia Leather goods Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Armenia Leather goods Market Import-Export Trade Statistics |
7.1 Armenia Leather goods Market Export to Major Countries |
7.2 Armenia Leather goods Market Imports from Major Countries |
8 Armenia Leather goods Market Key Performance Indicators |
9 Armenia Leather goods Market - Opportunity Assessment |
9.1 Armenia Leather goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Leather goods Market Opportunity Assessment, By ? Distribution Channel, 2021 & 2031F |
10 Armenia Leather goods Market - Competitive Landscape |
10.1 Armenia Leather goods Market Revenue Share, By Companies, 2024 |
10.2 Armenia Leather goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |