Fragrances in Nigeria

Fragrances saw current value growth in Nigeria in 2024. While value sales increased well during the year, however, volume sales declined significantly due to the poor economic environment characterised by high inflation which strongly limited consumer spending power. The rise in value sales was driven by an average increase in unit price of close to 60%. With the vast majority of fragrances in Nigeria being imported, the significant depreciation of the local currency led to a spike in import cos...

Euromonitor International's Fragrances 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 2020-2024, allowing you to identify the sectors driving growth. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Mass Fragrances, Premium Fragrances.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report??
* Get a detailed picture of the Fragrances 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.