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Footwear Market in Nigeria 2021

January 2022 | 13 pages | ID: F66133E85B5EEN
StrategyHelix Inc

US$ 450.00

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Footwear is important to protect the feet against burns, cuts, punctures and impact. Traditionally, footwear was made from leather, wood or canvas, but increasingly it also can be made from rubber, plastics, and other petrochemical-derived materials. The footwear market in Nigeria is poised to grow by US$ 2,646 million during 2021-2027, progressing at a CAGR of 16.9% during the forecast period, according to data and analytics company StrategyHelix. Increasing working professionals and rapidly changing lifestyles around the world, increase in the degree of fashion consciousness, changing taste preferences of consumers are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for footwear. The Nigeria footwear market is segmented on the basis of product, and distribution channel. By product, the footwear market in Nigeria has been segmented into kids' footwear, men's footwear, women's footwear. According to the research, the women's footwear segment had the largest share in the footwear market in Nigeria. Based upon distribution channel, the footwear market in Nigeria is categorized into department stores, online platform, specialized stores, supermarkets & hypermarkets, others.

The footwear market is dominated by key players, which are Adidas AG, Nike Inc., Puma SE, Bata Corporation.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the footwear market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope
Product: kids' footwear, men's footwear, women's footwear
Distribution channel: department stores, online platform, specialized stores, supermarkets & hypermarkets, others
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the Nigeria footwear market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. FOOTWEAR MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Kids' footwear
Men's footwear
Women's footwear

PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Department stores
Online platform
Specialized stores
Supermarkets & hypermarkets
Others

PART 5. KEY COMPANIES

Adidas AG
Nike, Inc.
Puma SE
Bata Corporation
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