| Product Code: ETC5314545 | 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 roofing underlay in 2024 experienced a notable decline of -37.04% compared to the previous year, with a Compound Annual Growth Rate (CAGR) of 35.79% from 2020 to 2024. This decrease in import momentum could be attributed to shifts in market demand or changes in trade policies impacting the market stability.

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 Roofing Underlay Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Roofing Underlay Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Roofing Underlay Market - Industry Life Cycle |
3.4 Armenia Roofing Underlay Market - Porter's Five Forces |
3.5 Armenia Roofing Underlay Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Armenia Roofing Underlay Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Roofing Underlay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Armenia |
4.2.2 Increasing awareness of the importance of proper roofing underlayment |
4.2.3 Government initiatives promoting energy-efficient and sustainable construction practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Lack of skilled labor for installation of roofing underlayment |
4.3.3 Economic instability impacting construction projects |
5 Armenia Roofing Underlay Market Trends |
6 Armenia Roofing Underlay Market Segmentations |
6.1 Armenia Roofing Underlay Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Roofing Underlay Market Revenues & Volume, By Asphalt-saturated felt, 2022-2032F |
6.1.3 Armenia Roofing Underlay Market Revenues & Volume, By Rubberized asphalt, 2022-2032F |
6.1.4 Armenia Roofing Underlay Market Revenues & Volume, By Non-bitumen synthetic, 2022-2032F |
6.2 Armenia Roofing Underlay Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Roofing Underlay Market Revenues & Volume, By Residential construction, 2022-2032F |
6.2.3 Armenia Roofing Underlay Market Revenues & Volume, By Non-residential construction, 2022-2032F |
7 Armenia Roofing Underlay Market Import-Export Trade Statistics |
7.1 Armenia Roofing Underlay Market Export to Major Countries |
7.2 Armenia Roofing Underlay Market Imports from Major Countries |
8 Armenia Roofing Underlay Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient roofing underlay materials |
8.2 Number of new construction projects utilizing advanced roofing underlayment technologies |
8.3 Customer satisfaction levels with the performance of roofing underlayment materials |
9 Armenia Roofing Underlay Market - Opportunity Assessment |
9.1 Armenia Roofing Underlay Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Armenia Roofing Underlay Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Roofing Underlay Market - Competitive Landscape |
10.1 Armenia Roofing Underlay Market Revenue Share, By Companies, 2025 |
10.2 Armenia Roofing Underlay 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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