Category: Consumer Goods
Nigeria Consumer Goods
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Hypermarkets in Nigeria
... the flagship store in Port-Harcourt, marked a milestone for the brand, expanding its footprint to 25 outlets across the country. This expansion not only enhances accessibility to formal retail for consumers but also presents growth ... Read More
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Retail in Nigeria
... in Nigeria's cash-based economy. Additionally, inflationary pressures, the removal of fuel subsidies, and forex scarcity further compounded the difficulties faced by retailers and consumers alike. Both groups found themselves frequently adjusting their sales and consumption ... Read More
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Laundry Care in Nigeria
... retail volume growth due to their essential nature. The country's population is growing, which continues to drive growth despite low purchasing power, as washing clothes frequently and essential. However, aside from bar soap and hand ... Read More
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Home Insecticides in Nigeria
... These products are viewed by many as being essential home care, growing in popularity in rural and urban cities, particularly in the northern part of the country. However, spray/aerosol insecticides recorded a slight retail volume ... Read More
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Home Care in Nigeria
... rising prices, and the sharp devaluation of the currency and inflationary pressure. These factors challenged retail volume sales throughout the year. This led to moderate retail volume growth in areas of home care that were ... Read More
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Surface Care in Nigeria
... registered a slight drop in retail volume sales, with home care disinfectants continuing to register positive retail volume growth despite low purchasing power. Home care disinfectant is considered essential by many, with health and sanitation ... Read More
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Dishwashing in Nigeria
... the removal of fuel subsidies, most consumers tried to reduce their expenses. This included dining at home instead of outside the household, boosting sales of hand dishwashing, particularly for large families. Euromonitor International's Dishwashing in ... Read More
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Air Care in Nigeria
... current terms. The affordability of gel air fresheners and spray/aerosol air fresheners continued to appeal to consumers, aligning with their reduced disposable incomes. As such, these two product areas were the only affordable choices for ... Read More
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Toilet Care in Nigeria
... toilet care recorded a slight growth in retail volume terms, as consumers considered it an essential product for healthy living. Growth is driven by toilet liquids/foams, which is the main product area available on the ... Read More
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Polishes in Nigeria
... perceived essentials amid poor purchasing power. Furthermore, consumers have alternative options to polishes available that do not have the same cost, with many cleaning their shoes and furniture with water. Furniture polish was the most ... Read More
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Bleach in Nigeria
... or clothes with stubborn stains, as well as using the product as a household multi-purpose cleaner for kitchens, bathrooms and toilets. Therefore, the growth in retail volume terms amid increased unit prices drove strong double-digit ... Read More
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Middle East and Africa Lab Grown Diamonds Market, By Manufacturing (High Pressure High Temperature (HPHT), Chemical Vapor Deposition (CVD)); By Application (Construction & Mining, Jewelry, Healthcare, Electronics); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030 Middle East and Africa Lab Grown Diamonds Market Size Expands at Significant CAGR of 6.79% to Touch USD 1.12 Billion by 2030 ... Read More
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Middle East and Africa Pet Insurance Market, By Policy Type (Lifetime Cover (Accidental Cover, Illness Cover); Non-lifetime Cover (Accidental Cover, Illness Cover); By Animal Type (Cat, Dog, Horse, Exotic Pets); By End User (Agency, Broker, Bancassurance, Direct Writing); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Bancassurance, Direct Writing); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030 Middle East and Africa Pet Insurance Market Size Expands at Significant ... Read More
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Menswear in Nigeria
... in unemployment and weak spending power limited the ability of consumers to purchase brand new apparel, with many resorting either to second-hand menswear or cheap imports from China while many people simply delayed replacing their ... Read More
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Apparel Accessories in Nigeria
... accessories as non-essential products, the category struggled as the economy came under significant pressure. High inflation, rising unemployment and a drop in disposable income meant that consumer priorities switched to meeting their basic needs. Euromonitor ... Read More
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Sportswear in Nigeria
... registered healthy growth in current value terms in 2023 this was due to soaring prices rather than an increase in demand, with this being reflective of apparel sales in Nigeria in general. With consumer disposable ... Read More
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Hosiery in Nigeria
... to become more frugal and to focus on essentials. The price of hosiery also rose sharply as the local currency continued to depreciate during the year, while manufacturers also faced rising production costs at home ... Read More
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Apparel and Footwear in Nigeria
... High inflationary conditions limited consumer spending power, forcing many people to focus on essentials. With budgets being squeezed the second-hand market provided a readymade alternative for affordable apparel and footwear, which also negatively impacted sales. ... Read More
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Footwear in Nigeria
... economic conditions in the country with soaring inflation due to the depreciation of the local currency, leading to weak consumer spending power and unit price rises. These factors led to a drop in demand as ... Read More
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Childrenswear in Nigeria
... driven primarily by the depreciation of the local currency but were further exacerbated by a hike in fuel prices during 2023. Importers struggled with a strong rise in import costs due to the naira depreciating ... Read More
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Jeans in Nigeria
... spending power. Inflation was driven by the depreciation of the local currency and a sharp hike in fuel prices during the year. Unit prices of jeans also increased strongly due to the depreciation of the ... Read More
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Womenswear in Nigeria
... inflation limited consumer spending power whilst the depreciation of the local currency impacted heavily on pricing as most of the imported womenswear was impacted by strong price increases as the naira depreciated against the US ... Read More
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Macroeconomic Outlook Report - Nigeria
... three sectors are expected to grow by 16.8%, 16.8%, and 16.4%, respectively, in 2023. Three cities generated around 23.0% of Nigeria’s GDP and comprised 11.1% of the country’s population, as of 2022, according to GlobalData’s ... Read More
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Nigeria Travel and Tourism Market Summary and Forecast
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The travel & tourism industry consists of revenues generated by passenger ... Read More
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Food Preparation Appliances in Nigeria
... consumer spending power, triggering a substantial decline in the demand for these products. Euromonitor International's Food Preparation Appliances in Nigeria report offers a comprehensive guide to the size and shape of the market at a ... Read More
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