Apparel Accessories in Nigeria

Abstract
Apparel accessories declined in retail volume terms in 2022 due to poor economic conditions during the year, although the category saw a slight increase in current value sales due rising unit prices. High inflation had a deep impact on purchasing power, forcing consumers to restrict spending to just the essentials or seek cheap alternatives, such as those found through informal marketplaces. There was a reduction in demand for formal wear as professional employment declined, which also had a neg...

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 2018-2022 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 2027 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.

Content
Apparel Accessories in Nigeria
January 2023

List Of Contents And Tables

APPAREL ACCESSORIES IN NIGERIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Poor economic conditions weaken performance in 2022
Face masks usage is declining fast
Competitive landscape remains quite fragmented
PROSPECTS AND OPPORTUNITIES
Economic recovery to boost growth
Rising population of young females to drive other apparel accessories growth
Ties and belts to drive growth as professional employment increases
CATEGORY DATA
Table 1 Sales of Apparel Accessories by Category: Volume 2017-2022
Table 2 Sales of Apparel Accessories by Category: Value 2017-2022
Table 3 Sales of Apparel Accessories by Category: % Volume Growth 2017-2022
Table 4 Sales of Apparel Accessories by Category: % Value Growth 2017-2022
Table 5 Forecast Sales of Apparel Accessories by Category: Volume 2022-2027
Table 6 Forecast Sales of Apparel Accessories by Category: Value 2022-2027
Table 7 Forecast Sales of Apparel Accessories by Category: % Volume Growth 2022-2027
Table 8 Forecast Sales of Apparel Accessories by Category: % Value Growth 2022-2027
APPAREL AND FOOTWEAR IN NIGERIA
EXECUTIVE SUMMARY
Apparel and footwear in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
MARKET DATA
Table 9 Sales of Apparel and Footwear by Category: Volume 2017-2022
Table 10 Sales of Apparel and Footwear by Category: Value 2017-2022
Table 11 Sales of Apparel and Footwear by Category: % Volume Growth 2017-2022
Table 12 Sales of Apparel and Footwear by Category: % Value Growth 2017-2022
Table 13 NBO Company Shares of Apparel and Footwear: % Value 2018-2022
Table 14 LBN Brand Shares of Apparel and Footwear: % Value 2019-2022
Table 15 Distribution of Apparel and Footwear by Format: % Value 2017-2022
Table 16 Distribution of Apparel and Footwear by Format and Category: % Value 2022
Table 17 Forecast Sales of Apparel and Footwear by Category: Volume 2022-2027
Table 18 Forecast Sales of Apparel and Footwear by Category: Value 2022-2027
Table 19 Forecast Sales of Apparel and Footwear by Category: % Volume Growth 2022-2027
Table 20 Forecast Sales of Apparel and Footwear by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources