Category: Consumer Goods & Retailing
Nigeria Consumer Goods & Retailing
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Nigeria Imaging Devices
... in the sales of imaging devices, as consumers' purchasing power has been eroded. Even professional photographers are finding it difficult to acquire digital cameras and have resorted to renting cameras for their shoots. The overall ... Read More
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Nigeria Cigarettes
... depreciation of the local currency and further rise in taxation forced manufacturers to increase prices across all brands, which made cigarettes less affordable. These price hikes were largely responsible for double-digit current value growth in ... Read More
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Nigeria Cigars, Cigarillos and Smoking Tobacco
... consumer spending power, whilst unit prices rose strongly due to the depreciation of the local currency making imports significantly more expensive. Cigars and cigarillos were the worst affected as these are considered luxury and unessential ... Read More
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Nigeria Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... 2023. Unit prices have increased over 50%, leading to strong growth in current value sales, but a sizeable decline in retail volume terms. The high price and weak economy curbed demand for what is considered ... Read More
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Nigeria Tobacco
... to reduce consumption or to seek cheaper alternatives, including products via illicit trade. Depreciation of the local currency, which was partly responsible for the inflationary conditions, was the underlying factor forcing companies to increase unit ... Read More
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Middle East and Africa Travel Retail Market, By Product Type (Fashion & Accessories, Jewelry & Accessories, Wine & Spirit, Food & Confectionery, Fragrances & Cosmetics, Tobacco); By Distribution Channel (Airport & Airline Shops, Seaport & Cruise Line Shops, Border Downtown Hotel Shop); By Sector (Duty Free, Duty Paid); By Region (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Cruise Line Shops, Border Downtown Hotel Shop); By Sector (Duty Free, Duty Paid); By Region (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030 Middle ... Read More
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Middle East and Africa Set Top Box (STB) Market, By Product Type (IPTV, Satellite, Cable, DTT (Digital Terrestrial Television), OTT (Over-the-Top)); By Content Quality (HD & Full HD, 4K & above); By Application (Residential, Commercial); By Operating System (Android, Linux); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... By Operating System (Android, Linux); 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 Set Top Box (STB) Market ... Read More
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Nigeria Mass Beauty and Personal Care
... for perceived essential categories like skin care. Mass beauty and personal care saw strong growth in retail current value sales in 2023. However, tough economic conditions significantly weakened retail volume sales for all mass categories, ... Read More
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Nigeria Hair Care
... while retail current value sales increased only due to a strong rises in unit prices. Higher unit prices were caused by high inflation and a fast depreciating local currency that made imports, including raw materials, ... Read More
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Nigeria Skin Care
... 2023 prices) sales. Like other categories, skin care was hit by the poor economic situation in the country, with high inflation limiting consumer purchasing power as unit prices increased. Nonetheless, skin care can be regarded ... Read More
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Nigeria Oral Care
... pressure. By contrast, retail volume and value (constant 2023 prices) sales of oral care declined as consumer spending power weakened. The major oral care categories, toothpaste and manual toothbrushes, continued to be regarded as essential ... Read More
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Nigeria Premium Beauty and Personal Care
... the effects of high inflation on prices and consumer spending power. Moreover, most categories of premium beauty and personal care are quite niche in Nigeria. As consumers focused on essentials and spending on luxuries reduced ... Read More
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Nigeria Bath and Shower
... volume for all categories of bath and shower. While bath and shower posted a moderate increase in retail value (constant 2023 prices) sales in 2023, this was solely due to the dominant category, bar soap, ... Read More
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Nigeria Fragrances
... with consumer purchasing power under severe pressure. Rises in unit prices led to growth in retail current value terms in 2023, but real value sales decreased. Nonetheless, fragrances remain very essential for much of the ... Read More
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Nigeria Deodorants
... retail current value sales was due to high inflation, which exerted strong upward pressure on prices, but limited consumer spending power and, therefore, the demand for deodorants. Euromonitor International's Deodorants in Nigeria report offers a ... Read More
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Nigeria Baby and Child-Specific Products
... followed by a double-digit decline in 2023. In particular, an even higher rate of inflation in 2023 led to weaker consumer spending power and strong price rises for all brands. This drove strong retail current ... Read More
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Nigeria Colour Cosmetics
... in unit prices drove strong retail current value growth. However, all categories recorded declines in retail volume and value (constant 2023 prices) terms. With most colour cosmetics imported into the country, products were heavily affected ... Read More
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Nigeria Depilatories
... some fluctuation due to the effects of the Coronavirus (COVID-19) pandemic and high inflationary pressure on prices, purchasing power and the cost-of-living. Towards the end of the review period the demand for depilatories in Nigeria ... Read More
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Nigeria Sun Care
... the review period. However, this performance was due to high inflation during the year, which exerted strong upward pressure on unit prices. Higher prices dampened demand and retail volume sales fell strongly, along with retail ... Read More
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Nigeria Men's Grooming
... sales and retail value (constant 2023 prices) sales dropped strongly across the board. The exception was the main category, men’s razors and blades, which saw a moderate decrease in retail volume sales and a small ... Read More
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Nigeria Beauty and Personal Care
... across categories as consumers struggled with heavy pressure on disposable incomes and purchasing power. Manufacturers were further affected by harsh rises in production costs. These issues were compounded by the strong depreciation of the local ... Read More
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Wipes in Nigeria
... local currency collaborated to severely undermine consumer spending power, forcing Nigerians to be even more frugal when shopping. High unit price increases for products within wipes also negatively impacted consumption, though led to increased current ... Read More
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Away-From-Home Tissue and Hygiene in Nigeria
... invest in customer service and care, so the high inflation and reduced consumer purchasing power slowed current value growth and led to volume sales declines as consumers cut back on eating out of home and ... Read More
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Retail Adult Incontinence in Nigeria
... many Nigerians were unable to afford even necessary products. Euromonitor International's Retail Adult Incontinence in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides ... Read More
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Retail Tissue in Nigeria
... weakened local currency substantially undermined consumer purchasing power, forcing Nigerians to rationalise their spending and focus on food and other essentials. Euromonitor International's Retail Tissue in Nigeria report offers a comprehensive guide to the size ... Read More
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