| Product Code: ETC5308693 | 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 polystyrene foam in 2024 showed a notable growth rate of 61.02% compared to the previous year, with a compound annual growth rate (CAGR) of 12.31% for the period of 2020-2024. This surge in imports can be attributed to a shift in demand towards polystyrene foam products, indicating a strong import momentum driven by market demand dynamics.

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 Polystyrene Foam Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polystyrene Foam Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Polystyrene Foam Market - Industry Life Cycle |
3.4 Armenia Polystyrene Foam Market - Porter's Five Forces |
3.5 Armenia Polystyrene Foam Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Armenia Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F |
4 Armenia Polystyrene Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for insulation materials in the construction industry |
4.2.2 Growth in packaging industry, particularly food and beverage sector |
4.2.3 Rise in disposable income leading to higher consumption of consumer goods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in polystyrene foam production |
4.3.2 Environmental concerns and regulations regarding the use of polystyrene foam |
4.3.3 Competition from alternative materials such as biodegradable packaging options |
5 Armenia Polystyrene Foam Market Trends |
6 Armenia Polystyrene Foam Market Segmentations |
6.1 Armenia Polystyrene Foam Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2022-2032F |
6.1.3 Armenia Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2022-2032F |
6.2 Armenia Polystyrene Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polystyrene Foam Market Revenues & Volume, By Packaging, 2022-2032F |
6.2.3 Armenia Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2022-2032F |
6.2.4 Armenia Polystyrene Foam Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Polystyrene Foam Market Import-Export Trade Statistics |
7.1 Armenia Polystyrene Foam Market Export to Major Countries |
7.2 Armenia Polystyrene Foam Market Imports from Major Countries |
8 Armenia Polystyrene Foam Market Key Performance Indicators |
8.1 Energy efficiency improvements in buildings using polystyrene foam insulation |
8.2 Number of new product developments and innovations in the polystyrene foam market |
8.3 Adoption rate of polystyrene foam in various end-user industries |
9 Armenia Polystyrene Foam Market - Opportunity Assessment |
9.1 Armenia Polystyrene Foam Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Armenia Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2022 & 2032F |
10 Armenia Polystyrene Foam Market - Competitive Landscape |
10.1 Armenia Polystyrene Foam Market Revenue Share, By Companies, 2025 |
10.2 Armenia Polystyrene Foam 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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