Apparel Retail in Nigeria

Apparel Retail in Nigeria

Published: February 2019
Publisher: MarketLine
Product ref: 308214
Pages: 36
Format: PDF
Delivery: By product vendor

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Apparel Retail in Nigeria

Summary

Apparel Retail in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Nigeria apparel retail market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing.
- The Nigerian apparel retail industry had total revenues of $5.5bn in 2017, representing a compound annual growth rate (CAGR) of 6.4% between 2013 and 2017.
- The childrenswear segment was the industry's most lucrative in 2017, with total revenues of $2.7bn, equivalent to 48.7% of the industry's overall value.
- The young adult population in Nigeria shows a preference for fast fashion companies. Consumers demand high quality items at low prices, due to their relatively low disposable income and so companies such as Mr Price have experienced strong sales.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Nigeria
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria apparel retail market with five year forecasts

Reasons to buy

- What was the size of the Nigeria apparel retail market by value in 2017?
- What will be the size of the Nigeria apparel retail market in 2022?
- What factors are affecting the strength of competition in the Nigeria apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's apparel retail market?

Price: $350.00

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Related research categories

By sector: Apparel and clothing, General retail (in Retail)

By market: Nigeria (in Africa)


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