Footwear in Nigeria

Footwear in Nigeria

Footwear in Nigeria posted declining volume sales in 2024, although value sales increased due to significant unit price increases. Strong inflation during the year weakened consumer spending power whilst footwear brands saw high increases in average prices from the depreciation of the local currency. Many consumers resorted to second hand or cottage industry (home-made) products that are cheaper than branded, new footwear through formal retailing channels. Apart from the second-hand market, Nige...

Euromonitor International's Footwear in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023 and analysis by distribution format allowing you to identify the sectors driving growth. It identifies the leading companies, leading brands, and offers strategic analysis of key factors influencing the market. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Children's Footwear, Men's Footwear, Women's Footwear.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Footwear market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.