Category: Retailing
Nigeria Retailing
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Nigeria Social Commerce Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2024 Update
... social commerce industry in Nigeria is expected to grow by 38.3% on annual basis to reach US$1,551.08 million in 2024. The social commerce industry is expected to grow steadily over the forecast period, recording a ... Read More
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Nigeria Loyalty Programs Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2024 Update
... loyalty market in the country is expected to grow by 10.7% on annual basis to reach US$628.5 million in 2024. In value terms, the loyalty market in the country has recorded a CAGR of 12.4% ... Read More
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Nigeria Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast; Spend Analysis by Digital / e-Gift Card, Retail and Corporate Consumers, Distribution Channel, Occasions, Retail Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update
... (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update According to PayNXT360, gift card industry in the country is expected to grow by 12.0% on annual basis to reach US$2.1 billion in ... Read More
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Nigeria Yogurt Drinks Market Report by Type (Regular, Fat-Free/Low-Fat, Flavored), Distribution Channel (Convenience Stores/Traditional Stores, Supermarkets and Hypermarkets, Online), Packaging Type (Plastic Bottles, Tetra Packs, Plastic Pouches), Pack Size (200 ml, 500 ml, 1 Litre, and Others), and Region 2024-2032
... and Others), and Region 2024-2032 The Nigeria yogurt drinks market size reached US$ 168.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 407.4 Billion by 2032, exhibiting a growth rate ... 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 Bath and Shower Products Market, By Product Type (Bath Soaps, Body Wash/Shower Gel, Bath Additives); By Form (Solid, Gels & Jellies, Liquid); By End User (Men, Women); By Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, Online Stores); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Supermarkets, Convenience Stores, Online Stores); 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 Bath and Shower Products Market ... Read More
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Supermarkets in Nigeria
... consumers' purchasing power, prompting a shift in buying habits towards essentials. Supermarkets, well-stocked with groceries, capitalised on this trend and experienced growth in sales. The introduction of quick commerce by Glovo further facil... Euromonitor International's ... Read More
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Retail E-Commerce in Nigeria
... surge in popularity among Nigerian consumers, fuelled by factors such as growing internet connectivity and the removal of fuel subsidies. With increased access to smartphones and improved internet infrastructure, more Nigerians embraced the convenience of ... Read More
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Apparel and Footwear Specialists in Nigeria
... as groceries and medicine, discretionary spending on clothing and footwear dwindled. The perception of clothing as a luxury item led many consumers to opt for more affordable alternatives, including second-hand clothing, further dampening sales for ... Read More
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General Merchandise Stores in Nigeria
... found themselves grappling with reduced purchasing power, prompting a significant adjustment in their spending habits. With the imperative to stretch their budgets, consumers began prioritising essential items over non-essentials, leading to a decline in sales ... Read More
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Home Products Specialists in Nigeria
... from fifteen million to fifty million naira, played a crucial role in driving sales within this channel. This boost in mortgage financing incentivised both consumers and estate developers, leading to increased demand for various home ... Read More
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Discounters in Nigeria
... consumers became increasingly hesitant to make bulk purchases, opting instead to frequent outdoor markets where prices could be negotiated or bought in bulk at near wholesale rates. This reluctance to buy in bulk contributed to ... Read More
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Health and Beauty Specialists in Nigeria
... growth of this channel. Pharmacies capitalised on this trend by diversifying their offerings to include groceries and other essentials. For example, H-Medix pharmacies and stores dominate the pharmacy landscape in the federal capital territory and ... Read More
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Convenience Retailers in Nigeria
... and a large segment of financially excluded consumers, severely impacted sales in the first quarter. Cash became scarce, resembling a precious commodity, hindering consumers' ability to make daily purchases. Convenience stores, reliant on cash transactions, ... Read More
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Direct Selling in Nigeria
... and word of mouth, saw a decline in retail value sales. In response to rising unemployment, many individuals turned to direct selling as a means of income generation. Brands like GLND capitalised on this trend, ... Read More
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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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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 Online Retail Market to 2027
... descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The online retail market is segmented into apparel retail, electrical & electronics retail, food & grocery ... Read More
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Nigeria Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
... 2017-22, and forecast to 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 food & grocery retail market is ... Read More
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Nigeria Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights Childrenswear includes all clothing designed for children between the ages of ... Read More
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Nigeria Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update
... According to PayNXT360’s, Ecommerce market in Nigeria is expected to grow by 12.96% on annual basis to reach US$13.1 billion in 2022. Medium to long term growth story of Ecommerce industry in Nigeria promises to ... Read More
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Nigeria Conversational Commerce Market Intelligence and Future Growth Dynamics Databook – 75+ KPIs on Conversational Commerce Trends by End-Use Sectors, Operational KPIs, Product Offering, and Spend By Application - Q2 2023 Update
... conversational commerce industry in Nigeria is expected to grow by 18.4% on annual basis to reach US$1.9 billion in 2023. The conversational commerce industry is expected to grow steadily over the forecast period, recording a ... Read More
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Consumer Lifestyles in Nigeria
... Euromonitor's Consumer Lifestyles in Nigeria report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, ... Read More
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Middle East and Africa Instant Noodles Market - By Type (Fried, Non-fried); By Packaging (Cups, Packets); By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Market Share & Forecast, 2019–2029
... Algeria, Rest of MEA), Trend Analysis, Competitive Market Share & Forecast, 2019–2029 Middle East and Africa Instant Noodles Market Size Growing at Steady CAGR of 6.4% to Reach USD 84.93 Billion by 2029 Middle East ... Read More
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