Nigeria: Air Conditioners Market - Analysis, Size, Trends, Consumption, and Forecast

Nigeria: Air Conditioners Market - Analysis, Size, Trends, Consumption, and Forecast


The Nigerian Air Conditioners Market Report Description

This report presents a comprehensive overview of the Nigerian air conditioners market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the air conditioners market in Nigeria and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.

The report covers air conditioning systems (electrical appliances engineered to create and maintain certain temperature, relative humidity and air purity conditions in indoor spaces; including: window air conditioners, split-air conditioners; excluding: commercial air conditioners, portable air conditioners, heaters, centralized air conditioners, and coolers) and is broken down by:

  • Product groups: Window air conditioners; Split and multi split air conditioners; Packaged air conditioners (PAC); Variable refrigerant flow (VRF)
  • Price segments: Mass; Mid-priced; Premium
  • End users: Residential; Commercial offices and buildings; Industrial
  • Distribution channels (online vs. offline): Online; Offline
  • Retail distribution channels: Multi-brand stores; Exclusive stores; Electronics specialist retailers; Independent retailers; Supermarkets and hypermarkets; Others

You will receive the report within three working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.

State of the Demographics and Economy of Africa

This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Africa.

  • What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Africa?
  • What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Africa?

Analysis of the Air Conditioners Market in Nigeria

The market analysis section provides an overview of the market size and dynamics in volume and value terms for the last five years. It answers the following questions:

  • What is the size of the air conditioners market in Nigeria?
  • How has the air conditioners market in Nigeria performed in volume and value terms for the last five years?
  • How is the market structured?
  • What are the major trends affecting the market?
  • Which are the major companies on the market?
  • How intensive is the competitive landscape?
  • What are the drivers and challenges affecting the market development?

Air Conditioners Prices in Nigeria

The price section of the report answers the following questions:

  • How is the value chain of the market formed?
  • What is the structure of price formation?
  • What are the retail prices of air conditioners in Nigeria?

Foreign Trade Operations of Air Conditioners in Nigeria

The foreign trade operations section answers the following questions:

  • What is the trade balance in volume and value terms?
  • Does Nigeria import more air conditioners than it exports?
  • How has the trade balance changed over the last five years?

Imports of Air Conditioners to Nigeria

The import section of the report answers the following questions:

  • How has the volume and value of imports changed over the past five years?
  • Which are the major countries that import air conditioners to Nigeria?
  • What is the average price of the air conditioners imported to Nigeria?

Exports of Air Conditioners from Nigeria

The export section of the report answers the following questions:

  • How has the volume and value of exports changed over the past five years?
  • Which are the main recipient countries of the Nigerian air conditioners exports?
  • What is the average price of the air conditioners exported from Nigeria?

Consumption of Air Conditioners in Nigeria

The consumption section of the report answers the following questions:

  • What is the per capita consumption volume and value? How has it changed over the past five years?

Forecast

The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:

  • How will the air conditioners market in Nigeria look like over the next six years in both volume and value terms for each possible scenario?

Short Methodology

This research report has been prepared with WMStrategy’s research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.

For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.

Customization

The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!

Report Benefits

  • Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
  • Track and identify key market trends and insights on key drivers behind recent market changes;
  • Strategically assess the competitive position of the main market players;
  • Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
  • Assess growth potential, opportunities, demand drivers, and challenges on the market;
  • Quickly and cost–effectively receive a complete strategic analysis of the market;
  • Improve your pitches and presentations by using verified market data and expert insights;
  • Make important strategic decisions safely and with confidence;
  • Receive professional expertise on the market and everything important connected with its development;
  • Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
  • Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
  • Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
  • Acquire data your competitors might already have and be acting upon.

Report Users

This market research report is ideal for people who want to gain a comprehensive understanding of the Nigerian air conditioners market. Most often these are professionals actively working in the market as:

  • C-suite executives;
  • Directors;
  • Market strategists;
  • Marketing professionals;
  • Business development professionals;
  • Product developers;
  • Product marketers and strategists;
  • Product managers;
  • Project managers;
  • Suppliers;
  • Traders.

This report can also bring value to professionals, not actively involved in the market, such as:

  • Management consultants;
  • Investment managers;
  • Financial professionals;
  • Bank managers;
  • M&A managers;
  • Auditors.


Please note:*The report will be updated with the latest information upon order confirmation which is why it will take 5 day to complete*


TABLE OF CONTENTS

INTRODUCTION

  • Report description
  • Research methodology

EXECUTIVE SUMMARY

CHARACTERISTICS OF AIR CONDITIONERS

STATE OF THE DEMOGRAPHICS AND ECONOMY OF AFRICA

  • Characteristics of the demographics of Africa in 2019-2023
  • Characteristics of the economy of Africa in 2019-2023
  • Forecast for the development of the economy of Africa in 2024-2026

AIR CONDITIONERS MARKET IN NIGERIA

  • Volume, value, and dynamics of the air conditioners market in Nigeria in 2019-2023
  • Key recent trends on the air conditioners market in Nigeria
  • Competitive landscape of the market
  • Key drivers and restraints for the market development in the medium term

PRICES OF AIR CONDITIONERS IN NIGERIA

  • Value chain analysis
  • Structure of price formation
  • Characteristics of the retail prices of air conditioners in Nigeria in 2019-2023

FOREIGN TRADE OPERATIONS OF AIR CONDITIONERS IN NIGERIA

  • Foreign trade operations of air conditioners in Nigeria in 2019-2023

IMPORTS OF AIR CONDITIONERS TO NIGERIA

  • Volume, value and dynamics of the imports of air conditioners to Nigeria in 2019-2023
  • Main countries importing air conditioners to Nigeria
  • Average prices of the air conditioners imported to Nigeria

EXPORTS OF AIR CONDITIONERS FROM NIGERIA

  • Volume, value, and dynamics of the Nigerian exports of air conditioners in 2019-2023
  • Main countries that receive air conditioners exports from Nigeria
  • Average prices of the air conditioners exported from Nigeria

CONSUMPTION OF AIR CONDITIONERS IN NIGERIA

  • Volume, value, and dynamics of the per capita consumption of air conditioners in Nigeria in 2019-2023

FORECAST FOR THE DEVELOPMENT OF THE AIR CONDITIONERS MARKET IN NIGERIA IN 2024-2029

  • Factors influencing the development of the air conditioners market in Nigeria in the medium term
  • Forecast for the market development in the medium term under three possible scenarios

LIST OF TABLES

The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.

Executive Summary

  • Key indicators on the air conditioners market in Nigeria in 2019-2023

State of the Demographics and Economy of Africa

  • Key indicators of the demographics of Africa in 2019-2023
  • Key indicators of the economy of Africa
  • Forecast for the economy of Africa for 2024-2026

Air Conditioners Market in Nigeria

  • Volume and dynamics of the air conditioners market in Nigeria in 2019-2023
  • Value and dynamics of the air conditioners market in Nigeria in 2019-2023
  • Structure of the air conditioners market in Nigeria by product groups
  • Structure of the air conditioners market in Nigeria by price segments
  • Structure of the air conditioners market in Nigeria by end users
  • Structure of the air conditioners market in Nigeria by distribution channels (online vs. offline)
  • Structure of the air conditioners market in Nigeria by retail distribution channels

Prices of Air Conditioners in Nigeria

  • Value chain analysis of the air conditioners market in Nigeria
  • Cost breakdown of the price formation of air conditioners in Nigeria, in %
  • Average retail prices of air conditioners in Nigeria in 2019-2023

Foreign Trade Operations of Air Conditioners in Nigeria

  • Trade balance of the air conditioners foreign trade in Nigeria in 2019-2023, in volume terms
  • Trade balance of the air conditioners foreign trade in Nigeria in 2019-2023, in value terms

Imports of Air Conditioners to Nigeria

  • Volume and dynamics of the imports of air conditioners to Nigeria in 2019-2023
  • Value and dynamics of the imports of air conditioners to Nigeria in 2019-2023
  • Main countries importing air conditioners to Nigeria, in value terms
  • Average prices of the air conditioners imported to Nigeria in 2019-2023

Exports of Air Conditioners from Nigeria

  • Volume and dynamics of the Nigerian exports of air conditioners in 2019-2023
  • Value and dynamics of the Nigerian exports of air conditioners in 2019-2023
  • Recipient countries of the Nigerian exports of air conditioners, in value terms
  • Average prices of the air conditioners exported from Nigeria in 2019-2023

Consumption of Air Conditioners in Nigeria

  • Volume and dynamics of the per capita consumption of air conditioners in Nigeria
  • Value and dynamics of the per capita consumption of air conditioners in Nigeria

Forecast for the Development of the Air Conditioners Market in Nigeria

  • Base forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms
  • Pessimistic forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms
  • Optimistic forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms

LIST OF FIGURES

The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.

Air Conditioners Market in Nigeria

  • Volume and dynamics of the air conditioners market in Nigeria in 2019-2023
  • Value and dynamics of the air conditioners market in Nigeria in 2019-2023
  • Structure of the air conditioners market in Nigeria by product groups
  • Structure of the air conditioners market in Nigeria by price segments
  • Structure of the air conditioners market in Nigeria by end users
  • Structure of the air conditioners market in Nigeria by distribution channels (online vs. offline)
  • Structure of the air conditioners market in Nigeria by retail distribution channels

Prices of Air Conditioners in Nigeria

  • Value chain analysis of the air conditioners market in Nigeria
  • Structure of the air conditioners price formation in Nigeria, in %
  • Average retail prices of air conditioners in Nigeria in 2019-2023

Foreign Trade Operations of Air Conditioners in Nigeria

  • Trade balance of the air conditioners foreign trade in Nigeria in 2019-2023, in volume terms
  • Trade balance of the air conditioners foreign trade in Nigeria in 2019-2023, in value terms

Imports of Air Conditioners to Nigeria

  • Volume and dynamics of the imports of air conditioners to Nigeria in 2019-2023
  • Value and dynamics of the imports of air conditioners to Nigeria in 2019-2023
  • Main countries importing air conditioners to Nigeria, in value terms
  • Average prices of the air conditioners imported to Nigeria in 2019-2023

Exports of Air Conditioners from Nigeria

  • Volume and dynamics of the Nigerian exports of air conditioners in 2019-2023
  • Value and dynamics of the Nigerian exports of air conditioners in 2019-2023
  • Recipient countries of the Nigerian exports of air conditioners, in value terms
  • Average prices of the air conditioners exported from Nigeria in 2019-2023

Consumption of Air Conditioners in Nigeria

  • Volume and dynamics of the per capita consumption of air conditioners in Nigeria
  • Value and dynamics of the per capita consumption of air conditioners in Nigeria

Forecast for the Development of the Air Conditioners Market in Nigeria

  • Base forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms
  • Pessimistic forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms
  • Optimistic forecast for the development of the air conditioners market in Nigeria in 2024-2029, in volume and value terms

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