
Apparel Accessories in Nigeria
Description
Apparel Accessories in Nigeria
Apparel accessories in Nigeria faced declining volume sales in 2024 due to higher inflation rates during the year, although this boosted value growth. High inflation seriously weakened consumer spending power, forcing consumers to limit expenditure to essentials or seek cheaper alternatives, such as those found in the informal market. The lower demand for formal wear amid rising professional unemployment also had a negative impact on the larger apparel accessories of belts and ties, which are ge...
Euromonitor International's Apparel Accessories 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 and analysis by distribution format allowing you to identify the sectors driving growth. It identifies the leading companies, leading brands, and offers strategic analysis of key factors influencing the market. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Belts, Gloves, Hats/Caps, Other Apparel Accessories, Scarves, Ties.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Apparel Accessories 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.
Table of Contents
19 Pages
- Apparel Accessories in Nigeria
- Euromonitor International
- December 2024
- List Of Contents And Tables
- APPAREL ACCESSORIES IN NIGERIA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Apparel accessories struggles as inflation rises further
- Belts, scarves, and other apparel accessories lead in performance
- Strong informal market offers competition to branded products in a fragmented landscape
- PROSPECTS AND OPPORTUNITIES
- Economic growth to boost demand for apparel accessories
- Rising formal employment will drive demand for accessories that complement professional attire
- Growing young female population will boost demand for scarves and other apparel accessories
- CATEGORY DATA
- Table 1 Sales of Apparel Accessories by Category: Volume 2019-2024
- Table 2 Sales of Apparel Accessories by Category: Value 2019-2024
- Table 3 Sales of Apparel Accessories by Category: % Volume Growth 2019-2024
- Table 4 Sales of Apparel Accessories by Category: % Value Growth 2019-2024
- Table 5 NBO Company Shares of Apparel Accessories: % Value 2020-2024
- Table 6 LBN Brand Shares of Apparel Accessories: % Value 2021-2024
- Table 7 Forecast Sales of Apparel Accessories by Category: Volume 2024-2029
- Table 8 Forecast Sales of Apparel Accessories by Category: Value 2024-2029
- Table 9 Forecast Sales of Apparel Accessories by Category: % Volume Growth 2024-2029
- Table 10 Forecast Sales of Apparel Accessories by Category: % Value Growth 2024-2029
- APPAREL AND FOOTWEAR IN NIGERIA
- EXECUTIVE SUMMARY
- Apparel and footwear in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- What next for apparel and footwear?
- MARKET DATA
- Table 11 Sales of Apparel and Footwear by Category: Volume 2019-2024
- Table 12 Sales of Apparel and Footwear by Category: Value 2019-2024
- Table 13 Sales of Apparel and Footwear by Category: % Volume Growth 2019-2024
- Table 14 Sales of Apparel and Footwear by Category: % Value Growth 2019-2024
- Table 15 NBO Company Shares of Apparel and Footwear: % Value 2020-2024
- Table 16 LBN Brand Shares of Apparel and Footwear: % Value 2021-2024
- Table 17 Distribution of Apparel and Footwear by Format: % Value 2019-2024
- Table 18 Distribution of Apparel and Footwear by Format and Category: % Value 2024
- Table 19 Forecast Sales of Apparel and Footwear by Category: Volume 2024-2029
- Table 20 Forecast Sales of Apparel and Footwear by Category: Value 2024-2029
- Table 21 Forecast Sales of Apparel and Footwear by Category: % Volume Growth 2024-2029
- Table 22 Forecast Sales of Apparel and Footwear by Category: % Value Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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