[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Consumer Values and Behaviour in Nigeria

June 2024 | 43 pages | ID: C94B1765F0E8EN
Euromonitor International Ltd

US$ 1,325.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report visually explores everyday habits and behaviours which reflect consumers' beliefs and values, linking behavioural trends with purchase and consumption habits.

Euromonitor's Consumer Values and Behaviour 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, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

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

Why buy this report?
  • Get a detailed picture of the Consumer Values 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.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Scope
Consumer values and behaviour in Nigeria
Nigerians have strong convictions about the positive impact of their choices and behaviours
Nigerians believe they can make a positive difference to the world
Nigerian consumers show a strong willingness to experiment with new brands
Millennials are eager to try new offerings and engage with brands to push innovation
Consumers in Nigeria believe the future will be brighter
Millennials are most optimistic that their standard of living will improve
While at home, connecting with friends and family virtually takes precedence
All generations of Nigerian consumers prefer cooking and baking at home
Healthy ingredients are a must in Nigerian cooking and eating habits
Nigerians say they maintain a division between their job and private life, especially millennials
Nigerian consumers prefer connecting with friends through digital means
Socialising online and face to face are important for all generations in Nigeria
Nigerians try to have a positive impact on the environment through their everyday actions
Nigerians are willing to pay a premium for higher quality items, but are cutting costs elsewhere
Older generations like to buy fewer items, but of higher quality
Easy to understand labels are a major preference for Nigerian consumers
Both millennials and baby boomers study product labels intently
Spending on education is to remain a priority in the future
Gen Z are expecting to spend more to maintain their image and style
Nigerians express worry over their present economic state, far above the global average
Millennials are in a position to regularly set aside a portion of their earnings
Younger generations expect to increase money saving
Nigerian consumers strongly believe in actively managing their personal data
Both Gen Z and baby boomers actively manage their data and privacy settings
Nigerian consumers utilise a range of messaging or communication apps
Gen Z are less likely to actively view and manage their bank accounts and services
Younger generations are most active in purchasing goods and services online
Nigerians are much more likely to interact with companies via social media platforms
Millennials are most active in all levels of online interactions with companies


More Publications