| Product Code: ETC4852769 | 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 |
Armenia sporting goods market witnessed a substantial decline in import momentum from 2023 to 2024, with a growth rate of -98.5%. The compound annual growth rate (CAGR) for imports in the period from 2020 to 2024 stood at -29.29%. This significant negative trend could be attributed to shifts in consumer demand, changes in trade policies, or a slow market recovery post-pandemic.

The Sporting Goods market in Armenia is projected to grow at a high growth rate of 12.62% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Sporting Goods Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Sporting Goods Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Sporting Goods Market - Industry Life Cycle |
3.4 Armenia Sporting Goods Market - Porter's Five Forces |
3.5 Armenia Sporting Goods Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Armenia Sporting Goods Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Armenia Sporting Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Sporting Goods Market Trends |
6 Armenia Sporting Goods Market Segmentations |
6.1 Armenia Sporting Goods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Sporting Goods Market Revenues & Volume, By Ball Sports, 2022-2032F |
6.1.3 Armenia Sporting Goods Market Revenues & Volume, By Adventurous Sports, 2022-2032F |
6.1.4 Armenia Sporting Goods Market Revenues & Volume, By Fitness Equipments, 2022-2032F |
6.1.5 Armenia Sporting Goods Market Revenues & Volume, By Golf Equipments, 2022-2032F |
6.1.6 Armenia Sporting Goods Market Revenues & Volume, By Sports Equipments, 2022-2032F |
6.1.7 Armenia Sporting Goods Market Revenues & Volume, By Athletic Footwear, 2022-2032F |
6.2 Armenia Sporting Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Armenia Sporting Goods Market Revenues & Volume, By Hypermarket/supermarket, 2022-2032F |
6.2.3 Armenia Sporting Goods Market Revenues & Volume, By Convenience/Departmental Store, 2022-2032F |
6.2.4 Armenia Sporting Goods Market Revenues & Volume, By Specialty Store, 2022-2032F |
6.2.5 Armenia Sporting Goods Market Revenues & Volume, By Online Store, 2022-2032F |
6.2.6 Armenia Sporting Goods Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Sporting Goods Market Import-Export Trade Statistics |
7.1 Armenia Sporting Goods Market Export to Major Countries |
7.2 Armenia Sporting Goods Market Imports from Major Countries |
8 Armenia Sporting Goods Market Key Performance Indicators |
9 Armenia Sporting Goods Market - Opportunity Assessment |
9.1 Armenia Sporting Goods Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Armenia Sporting Goods Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Armenia Sporting Goods Market - Competitive Landscape |
10.1 Armenia Sporting Goods Market Revenue Share, By Companies, 2025 |
10.2 Armenia Sporting Goods 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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