| Product Code: ETC4969011 | 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 life jackets experienced a notable decline with a growth rate of -40.0% from 2023 to 2024, contrasting the 13.47% CAGR observed from 2020 to 2024. This significant drop in imports could be attributed to shifting consumer preferences, changes in safety regulations, or disruptions in global supply chains impacting market stability.

By 2027, the Life Jacket market in Armenia is anticipated to reach a growth rate of 16.32%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Life Jacket Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Life Jacket Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Life Jacket Market - Industry Life Cycle |
3.4 Armenia Life Jacket Market - Porter's Five Forces |
3.5 Armenia Life Jacket Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Armenia Life Jacket Market Revenues & Volume Share, By End-User, 2022 & 2032F |
3.7 Armenia Life Jacket Market Revenues & Volume Share, By Material Type, 2022 & 2032F |
3.8 Armenia Life Jacket Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Armenia Life Jacket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Life Jacket Market Trends |
6 Armenia Life Jacket Market Segmentations |
6.1 Armenia Life Jacket Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Life Jacket Market Revenues & Volume, By 7lbs Inherent Life Jackets, 2022-2032F |
6.1.3 Armenia Life Jacket Market Revenues & Volume, By 7lbs-15.5lbs Inherent Life Jackets, 2022-2032F |
6.1.4 Armenia Life Jacket Market Revenues & Volume, By 15.5lbs-22lbs Inherent Life Jackets, 2022-2032F |
6.1.5 Armenia Life Jacket Market Revenues & Volume, By 22lbs Inherent Life Jackets, 2022-2032F | 6.1.7 Armenia Life Jacket Market Revenues & Volume, By 22.5lbs-34lbs Inflatable Life Jackets, 2022-2032F | 6.1.8 Armenia Life Jacket Market Revenues & Volume, By 34lbs Inflatable Life Jackets, 2022-2032F |
6.2 Armenia Life Jacket Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Armenia Life Jacket Market Revenues & Volume, By Watersports, 2022-2032F |
6.2.3 Armenia Life Jacket Market Revenues & Volume, By Day Sailing, 2022-2032F |
6.2.4 Armenia Life Jacket Market Revenues & Volume, By Fishing, 2022-2032F |
6.2.5 Armenia Life Jacket Market Revenues & Volume, By Offshore Sail, 2022-2032F |
6.2.6 Armenia Life Jacket Market Revenues & Volume, By Offshore Power, 2022-2032F |
6.2.7 Armenia Life Jacket Market Revenues & Volume, By Paddle sports, 2022-2032F |
6.3 Armenia Life Jacket Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Life Jacket Market Revenues & Volume, By Foam, 2022-2032F |
6.3.3 Armenia Life Jacket Market Revenues & Volume, By Nylon, 2022-2032F |
6.3.4 Armenia Life Jacket Market Revenues & Volume, By Plastic, 2022-2032F |
6.4 Armenia Life Jacket Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Armenia Life Jacket Market Revenues & Volume, By Hypermarket/Supermarket, 2022-2032F |
6.4.3 Armenia Life Jacket Market Revenues & Volume, By Departmental Stores, 2022-2032F |
6.4.4 Armenia Life Jacket Market Revenues & Volume, By Online Retail, 2022-2032F |
6.4.5 Armenia Life Jacket Market Revenues & Volume, By Sport Stores, 2022-2032F |
6.4.6 Armenia Life Jacket Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Life Jacket Market Import-Export Trade Statistics |
7.1 Armenia Life Jacket Market Export to Major Countries |
7.2 Armenia Life Jacket Market Imports from Major Countries |
8 Armenia Life Jacket Market Key Performance Indicators |
9 Armenia Life Jacket Market - Opportunity Assessment |
9.1 Armenia Life Jacket Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Armenia Life Jacket Market Opportunity Assessment, By End-User, 2022 & 2032F |
9.3 Armenia Life Jacket Market Opportunity Assessment, By Material Type, 2022 & 2032F |
9.4 Armenia Life Jacket Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Armenia Life Jacket Market - Competitive Landscape |
10.1 Armenia Life Jacket Market Revenue Share, By Companies, 2025 |
10.2 Armenia Life Jacket 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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