Care Products market in Armenia
The Armenian Care Products eCommerce market is predicted to reach US$141.0 million by 2023 and accounts for 8.9% of the total eCommerce market in Armenia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 7.1%, resulting in a projected market volume of US$185.6 million by 2027. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.
Market development
eCommerce revenue development in the Other Medical Products market in Armenia
The Armenian Other Medical Products eCommerce market is predicted to reach US$0.5 million by 2023 and accounts for 4.0% of the Medical Products eCommerce market in Armenia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 1.5%, resulting in a projected market volume of US$0.5 million by 2027. The Other Medical Products eCommerce market is a sub-market of the Medical Products market. Further categories within the Medical Products market are: Family Planning, and Medical Supplies.
eCommerce revenue development in the Other Medical Products market in Armenia
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Other Medical Products market in Armenia
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 17.0 | 17.9 | 62.2 | 17.2 | 17.6 | 92.9 | 43.0 | 29.2 |
| AOV (in US$) | 0.1 | 0.2 | 0.0 | 0.3 | 0.6 | 0.6 | 0.2 | 0.2 |
| CVR (in %) | 77.0 | 49.1 | 61.4 | 85.6 | 47.9 | 62.6 | 94.3 | 30.2 |
Market definition
Definition of the Other Medical Products market within the Care Products market
Market definition: Care Products > Health Care > Medical Products > Other Medical Products The category Other Medical Products includes the online trade of first aid supplies (e.g. bandages, wound dressings, plasters), personal protection equipment (e.g. gloves, masks) and medical equipment (e.g. blood pressure monitors, fever thermometers, pulse oximeters). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- First aid supplies (e.g. bandages, wound dressings, plasters)
- Personal protection equipment (e.g. gloves, masks)
- Medical equipment (e.g. blood pressure monitors, fever thermometers, pulse oximeters)
Select sub-category