| Product Code: ETC6167186 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for polyurethane (PU) soles in 2024 experienced a decrease of -20.47% from the previous year, with a compound annual growth rate (CAGR) of 0.9% from 2020 to 2024. This decline in import momentum could be attributed to shifting demand patterns or changes in trade policies impacting the Armenia PU sole market`s stability during this 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 Polyurethane (PU) Sole Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polyurethane (PU) Sole Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Polyurethane (PU) Sole Market - Industry Life Cycle |
3.4 Armenia Polyurethane (PU) Sole Market - Porter's Five Forces |
3.5 Armenia Polyurethane (PU) Sole Market Revenues & Volume Share, By Raw Material, 2022 & 2032F |
3.6 Armenia Polyurethane (PU) Sole Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Polyurethane (PU) Sole Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for comfortable and durable footwear |
4.2.2 Increasing focus on sustainable and eco-friendly materials |
4.2.3 Rise in disposable income leading to higher spending on footwear products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from other sole material manufacturers |
4.3.3 Technological advancements leading to substitutes for polyurethane soles |
5 Armenia Polyurethane (PU) Sole Market Trends |
6 Armenia Polyurethane (PU) Sole Market, By Types |
6.1 Armenia Polyurethane (PU) Sole Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Raw Material, 2022-2032F |
6.1.3 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Methylene Diisocyanate, 2022-2032F |
6.1.4 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Toluene Diisocyanate, 2022-2032F |
6.1.5 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Polyols, 2022-2032F |
6.2 Armenia Polyurethane (PU) Sole Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Casuals, 2022-2032F |
6.2.3 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Boots, 2022-2032F |
6.2.4 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Slipper and Sandals, 2022-2032F |
6.2.5 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Sports, 2022-2032F |
6.2.6 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Formals, 2022-2032F |
6.2.7 Armenia Polyurethane (PU) Sole Market Revenues & Volume, By Leisure, 2022-2032F |
7 Armenia Polyurethane (PU) Sole Market Import-Export Trade Statistics |
7.1 Armenia Polyurethane (PU) Sole Market Export to Major Countries |
7.2 Armenia Polyurethane (PU) Sole Market Imports from Major Countries |
8 Armenia Polyurethane (PU) Sole Market Key Performance Indicators |
8.1 Adoption rate of polyurethane soles by footwear manufacturers |
8.2 Percentage of footwear brands using polyurethane soles in their products |
8.3 Innovation rate in polyurethane sole technology and design |
8.4 Consumer satisfaction levels with polyurethane sole footwear |
8.5 Growth rate of the footwear industry in Armenia |
9 Armenia Polyurethane (PU) Sole Market - Opportunity Assessment |
9.1 Armenia Polyurethane (PU) Sole Market Opportunity Assessment, By Raw Material, 2022 & 2032F |
9.2 Armenia Polyurethane (PU) Sole Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Polyurethane (PU) Sole Market - Competitive Landscape |
10.1 Armenia Polyurethane (PU) Sole Market Revenue Share, By Companies, 2025 |
10.2 Armenia Polyurethane (PU) Sole 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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