| Product Code: ETC5079002 | 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 |
In the Armenia refrigerators market, the import trend experienced a notable decline from 2023 to 2024, with a negative growth rate of -36.57%. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 13.35%. This downturn in import momentum could be attributed to shifting consumer preferences, changes in trade policies, or market instability during the period.

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 Refrigerators Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Refrigerators Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Refrigerators Market - Industry Life Cycle |
3.4 Armenia Refrigerators Market - Porter's Five Forces |
3.5 Armenia Refrigerators Market Revenues & Volume Share, By Freezer Location, 2022 & 2032F |
3.6 Armenia Refrigerators Market Revenues & Volume Share, By Door Type, 2022 & 2032F |
3.7 Armenia Refrigerators Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Armenia Refrigerators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Armenia, leading to higher purchasing power for durable goods like refrigerators. |
4.2.2 Growing urbanization and modernization in Armenia, driving demand for energy-efficient and technologically advanced refrigerators. |
4.2.3 Government initiatives promoting energy efficiency and sustainability in household appliances, encouraging the adoption of eco-friendly refrigerators. |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing refrigerators, limiting affordability for some segments of the population. |
4.3.2 Limited availability of consumer financing options for purchasing refrigerators, hindering sales growth. |
4.3.3 Seasonal fluctuations in demand for refrigerators, impacting sales and revenue for manufacturers and retailers. |
5 Armenia Refrigerators Market Trends |
6 Armenia Refrigerators Market Segmentations |
6.1 Armenia Refrigerators Market, By Freezer Location |
6.1.1 Overview and Analysis |
6.1.2 Armenia Refrigerators Market Revenues & Volume, By Freezer-on-top refrigerators, 2022-2032F |
6.1.3 Armenia Refrigerators Market Revenues & Volume, By Freezer-on-bottom refrigerators, 2022-2032F |
6.1.4 Armenia Refrigerators Market Revenues & Volume, By Freezer-less and others, 2022-2032F |
6.2 Armenia Refrigerators Market, By Door Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Refrigerators Market Revenues & Volume, By Single-door refrigerator, 2022-2032F |
6.2.3 Armenia Refrigerators Market Revenues & Volume, By Double-door refrigerator, 2022-2032F |
6.2.4 Armenia Refrigerators Market Revenues & Volume, By French door refrigerator, 2022-2032F |
6.2.5 Armenia Refrigerators Market Revenues & Volume, By Others, 2022-2032F |
6.3 Armenia Refrigerators Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Armenia Refrigerators Market Revenues & Volume, By Specialty retailers, 2022-2032F |
6.3.3 Armenia Refrigerators Market Revenues & Volume, By Department stores, 2022-2032F |
6.3.4 Armenia Refrigerators Market Revenues & Volume, By Mass retailers/hypermarkets/supermarkets, 2022-2032F |
6.3.5 Armenia Refrigerators Market Revenues & Volume, By Discount stores, 2022-2032F |
6.3.6 Armenia Refrigerators Market Revenues & Volume, By Online, 2022-2032F |
7 Armenia Refrigerators Market Import-Export Trade Statistics |
7.1 Armenia Refrigerators Market Export to Major Countries |
7.2 Armenia Refrigerators Market Imports from Major Countries |
8 Armenia Refrigerators Market Key Performance Indicators |
8.1 Average energy efficiency rating of refrigerators sold in Armenia. |
8.2 Percentage of households in Armenia owning at least one refrigerator. |
8.3 Rate of adoption of smart refrigerators with IoT capabilities in the Armenian market. |
9 Armenia Refrigerators Market - Opportunity Assessment |
9.1 Armenia Refrigerators Market Opportunity Assessment, By Freezer Location, 2022 & 2032F |
9.2 Armenia Refrigerators Market Opportunity Assessment, By Door Type, 2022 & 2032F |
9.3 Armenia Refrigerators Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Armenia Refrigerators Market - Competitive Landscape |
10.1 Armenia Refrigerators Market Revenue Share, By Companies, 2025 |
10.2 Armenia Refrigerators 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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