Read EV Consulting's latest insights on different industry dynamics in Armenia.

Retail Sector

Backed by heavy investments, the segment has been experiencing rapid transformation of retail formats, shifting to a new, more sophisticated stage of market development. However, due to the sector's vulnerability to the changes in household income levels, the crisis outlook seems gloomy.

Juice Market  New

The juice market has been continuously forging ahead with about 20% annual growth on average. Yet the crisis has imposed a further challenge for the local producers, which can be confronted only by the means of increased competitiveness.

Meat Market

Meat products generally comprise a significant portion of expenditure in household budgets. In line with income growth the meat consumption segment has also been experiencing upward trend, which might be jeopardized by the economic crisis outlook.

Tourism Sector

The rapid growth of Armenian tourism industry illustrates the increased attractiveness of Armenia as a tourism destination. However, the industry is challenged by the global economic recession. 

Residential, Commercial and Office Property Markets

As one of the most dynamic and rapidly growing sectors of Armenia - real estate has served as development locomotive for other industries of the country.

Explore Our Investment Map: The latest updated version of The Armenia Investment Map is already available. The Map is a useful guide for potential investors into current economic situation and key sectors of country's economy.