In Nigeria, the usage of vacuum cleaners remains limited to few households, mainly comprising upper-class consumers and small businesses procuring through retail channels. The harsh economy and high inflation continue to hamper demand with steep volume sales decline over 2024. Even affluent consumers have been forced to prioritise essential good due to the economy downturn. Vacuum cleaners are still a niche and regarded as a luxury in these challenging economic times.
Euromonitor International's Vacuum Cleaners 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, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, format trends or distribution issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Robotic Vacuum Cleaners, Standard Vacuum Cleaners.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Vacuum Cleaners 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.
Vacuum Cleaners in Nigeria
Euromonitor International
December 2024
List Of Contents And Tables
VACUUM CLEANERS IN NIGERIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Vacuum cleaners are considered a luxury product in Nigeria
Panasonic and LG lead in standard vacuum cleaners
Penetration rate remains low in vacuum cleaners
PROSPECTS AND OPPORTUNITIES
Economic recovery and more competition will drive consumer interest
Vacuum cleaners are expected to gain popularity
E-commerce channel to boost sales moving forward
CATEGORY DATA
Table 1 Sales of Vacuum Cleaners by Category: Volume 2019-2024
Table 2 Sales of Vacuum Cleaners by Category: Value 2019-2024
Table 3 Sales of Vacuum Cleaners by Category: % Volume Growth 2019-2024
Table 4 Sales of Vacuum Cleaners by Category: % Value Growth 2019-2024
Table 5 Sales of Robotic Vacuum Cleaners by Smart Appliances: % Volume 2020-2024
Table 6 NBO Company Shares of Vacuum Cleaners: % Volume 2020-2024