| Product Code: ETC5590634 | 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 personal cooling devices in 2024 showed a growth rate of 18.91% compared to 2023, with a compound annual growth rate (CAGR) of 26.76% from 2020 to 2024. This import momentum can be attributed to the increasing demand for efficient cooling solutions driven by rising temperatures and changing consumer preferences in the market.

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 Personal Cooling Device Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Personal Cooling Device Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Personal Cooling Device Market - Industry Life Cycle |
3.4 Armenia Personal Cooling Device Market - Porter's Five Forces |
3.5 Armenia Personal Cooling Device Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.6 Armenia Personal Cooling Device Market Revenues & Volume Share, By Product Type , 2022 & 2032F |
4 Armenia Personal Cooling Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing temperatures and heatwaves in Armenia leading to higher demand for personal cooling devices |
4.2.2 Growing awareness about the health benefits of using personal cooling devices |
4.2.3 Technological advancements leading to more efficient and portable personal cooling devices |
4.3 Market Restraints |
4.3.1 High initial cost of personal cooling devices may deter some potential buyers |
4.3.2 Limited disposable income of certain segments of the population affecting purchasing power |
5 Armenia Personal Cooling Device Market Trends |
6 Armenia Personal Cooling Device Market Segmentations |
6.1 Armenia Personal Cooling Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Armenia Personal Cooling Device Market Revenues & Volume, By Ambient Air, 2022-2032F |
6.2 Armenia Personal Cooling Device Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Personal Cooling Device Market Revenues & Volume, By Personal Air Conditioner/ Desk Fans, 2022-2032F |
6.2.3 Armenia Personal Cooling Device Market Revenues & Volume, By Handheld Cooling Device, 2022-2032F |
7 Armenia Personal Cooling Device Market Import-Export Trade Statistics |
7.1 Armenia Personal Cooling Device Market Export to Major Countries |
7.2 Armenia Personal Cooling Device Market Imports from Major Countries |
8 Armenia Personal Cooling Device Market Key Performance Indicators |
8.1 Number of heatwaves recorded annually in Armenia |
8.2 Percentage increase in sales of personal cooling devices year-over-year |
8.3 Adoption rate of personal cooling devices among different age groups and demographics |
9 Armenia Personal Cooling Device Market - Opportunity Assessment |
9.1 Armenia Personal Cooling Device Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.2 Armenia Personal Cooling Device Market Opportunity Assessment, By Product Type , 2022 & 2032F |
10 Armenia Personal Cooling Device Market - Competitive Landscape |
10.1 Armenia Personal Cooling Device Market Revenue Share, By Companies, 2025 |
10.2 Armenia Personal Cooling Device 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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