The Armenia consumer goods market comprises a wide range of daily necessity items such as food & beverage, personal care, home care and others. Consumer goods help fulfill basic needs of people and improved lifestyle. The market is driven by rising disposable income and changing consumer behavior and preferences in Armenia. The Global Armenia Consumer Goods Market is estimated to be valued at US$ 1.64 Bn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031.

Armenia has a growing population with increasing spending power. This has significantly boosted demand for consumer goods in the country. Rising income levels have allowed Armenians to spend more on quality food, beverages, personal care and home care products. Changing preferences towards branded and premium products is also supporting growth of the consumer goods market. Growing urbanization with more people living in cities has made consumer goods more accessible. Ease of availability through expanding distribution channels such as superm