| Product Code: ETC5297122 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia paint and coating market witnessed a significant import trend from 2023 to 2024 with a growth rate of 161.9%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 15.41%. This surge in imports can be attributed to a notable demand shift towards higher-quality products or a potential market recovery post-market disruptions.
Armenia's Paint And Coating market is anticipated to experience a high growth rate of 14.88% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Paint And Coating Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Paint And Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Paint And Coating Market - Industry Life Cycle |
3.4 Armenia Paint And Coating Market - Porter's Five Forces |
3.5 Armenia Paint And Coating Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Armenia Paint And Coating Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Armenia Paint And Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Paint And Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Armenia |
4.2.2 Increasing demand for eco-friendly and sustainable paint and coating products |
4.2.3 Government initiatives to boost infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from local and international paint and coating manufacturers |
4.3.3 Volatility in the global economy affecting investment in construction projects |
5 Armenia Paint And Coating Market Trends |
6 Armenia Paint And Coating Market Segmentations |
6.1 Armenia Paint And Coating Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Paint And Coating Market Revenues & Volume, By Waterborne Coatings, 2021-2031F |
6.1.3 Armenia Paint And Coating Market Revenues & Volume, By Solvent-borne Coatings, 2021-2031F |
6.1.4 Armenia Paint And Coating Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.1.5 Armenia Paint And Coating Market Revenues & Volume, By High Solids/radiation Curing, 2021-2031F |
6.1.6 Armenia Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Paint And Coating Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Armenia Paint And Coating Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.3 Armenia Paint And Coating Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Armenia Paint And Coating Market Revenues & Volume, By Alkyd, 2021-2031F |
6.2.5 Armenia Paint And Coating Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.6 Armenia Paint And Coating Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.7 Armenia Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Paint And Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Paint And Coating Market Revenues & Volume, By Architectural & Decorative, 2021-2031F |
6.3.3 Armenia Paint And Coating Market Revenues & Volume, By Non-architectural, 2021-2031F |
7 Armenia Paint And Coating Market Import-Export Trade Statistics |
7.1 Armenia Paint And Coating Market Export to Major Countries |
7.2 Armenia Paint And Coating Market Imports from Major Countries |
8 Armenia Paint And Coating Market Key Performance Indicators |
8.1 Environmental impact assessment of paint and coating products |
8.2 Adoption rate of advanced paint technologies in the market |
8.3 Number of infrastructure projects utilizing innovative paint and coating solutions |
9 Armenia Paint And Coating Market - Opportunity Assessment |
9.1 Armenia Paint And Coating Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Armenia Paint And Coating Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Armenia Paint And Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Paint And Coating Market - Competitive Landscape |
10.1 Armenia Paint And Coating Market Revenue Share, By Companies, 2024 |
10.2 Armenia Paint And Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |