| Product Code: ETC232729 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The sports composites market in Nigeria is experiencing growth driven by the growing popularity of sports and recreational activities, coupled with advancements in composite materials technology. Sports composites, such as carbon fiber, fiberglass, and aramid fiber, are used in the manufacturing of sporting goods, including bicycles, tennis rackets, and golf clubs, due to their lightweight, high strength, and durability. As the sports and leisure industry continues to expand, the demand for sports composites is expected to increase further.
The Nigeria Sports Composites market experiences growth propelled by the rising popularity of sports and recreational activities, coupled with increasing investments in sports infrastructure development. Sports composites offer advantages such as lightweight, high strength, and durability, making them ideal materials for sporting equipment and facilities. Additionally, the growing participation in sports events and the promotion of sports culture by government initiatives contribute to market expansion.
Challenges in the Nigeria sports composites market include limited investment in research and development, which affects product innovation and technological advancements. Moreover, competition from international composite manufacturers, along with concerns regarding product quality and performance standards, hinders market growth. Additionally, limited infrastructure for sports facilities and training centers further restricts market opportunities.
The Nigeria government may implement policies to support the development of the sports composites market as part of broader initiatives to promote innovation and industrial diversification. These policies may include funding for research and development projects focused on advanced composite materials for sporting goods manufacturing, incentives for companies to invest in composites production facilities, and support for skills development and training in composites engineering and manufacturing. Additionally, the government may work with industry associations and standards organizations to establish quality standards and certifications for sports composites products to enhance market competitiveness and consumer confidence.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Sports Composites Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Sports Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Sports Composites Market - Industry Life Cycle |
3.4 Nigeria Sports Composites Market - Porter's Five Forces |
3.5 Nigeria Sports Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Nigeria Sports Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.7 Nigeria Sports Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Sports Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance sports equipment in Nigeria |
4.2.2 Growing focus on sports infrastructure development in the country |
4.2.3 Rising awareness about the benefits of using composites in sports applications |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up sports composite manufacturing facilities |
4.3.2 Lack of skilled labor and technical expertise in the sports composites industry in Nigeria |
5 Nigeria Sports Composites Market Trends |
6 Nigeria Sports Composites Market, By Types |
6.1 Nigeria Sports Composites Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Sports Composites Market Revenues & Volume, By Resin, 2021-2031F |
6.1.3 Nigeria Sports Composites Market Revenues & Volume, By Epoxy Resin-based Sports Composites, 2021-2031F |
6.1.4 Nigeria Sports Composites Market Revenues & Volume, By Polyamide Resin-based Sports Composites, 2021-2031F |
6.1.5 Nigeria Sports Composites Market Revenues & Volume, By Polyurethane Resin-based Sports Composites, 2021-2031F |
6.1.6 Nigeria Sports Composites Market Revenues & Volume, By Polypropylene Resin-based Sports Composites, 2021-2031F |
6.2 Nigeria Sports Composites Market, By Fiber |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Sports Composites Market Revenues & Volume, By Carbon Fiber Sports Composites, 2021-2031F |
6.2.3 Nigeria Sports Composites Market Revenues & Volume, By Glass Fiber Sports Composites, 2021-2031F |
6.3 Nigeria Sports Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Sports Composites Market Revenues & Volume, By Sports Composites for Golf Sticks, 2021-2031F |
6.3.3 Nigeria Sports Composites Market Revenues & Volume, By Sports Composites for Rackets, 2021-2031F |
6.3.4 Nigeria Sports Composites Market Revenues & Volume, By Sports Composites for Bicycle Frames, 2021-2031F |
6.3.5 Nigeria Sports Composites Market Revenues & Volume, By Sports Composites for Hockey Sticks, 2021-2031F |
6.3.6 Nigeria Sports Composites Market Revenues & Volume, By Sports Composites for Skis, Snowboards, and Kayaks, 2021-2031F |
7 Nigeria Sports Composites Market Import-Export Trade Statistics |
7.1 Nigeria Sports Composites Market Export to Major Countries |
7.2 Nigeria Sports Composites Market Imports from Major Countries |
8 Nigeria Sports Composites Market Key Performance Indicators |
8.1 Percentage increase in the adoption of sports composites in new sports facilities in Nigeria |
8.2 Growth in the number of partnerships between local sports equipment manufacturers and international composite material suppliers |
8.3 Increase in the number of research and development initiatives focused on enhancing sports composites technology in Nigeria |
9 Nigeria Sports Composites Market - Opportunity Assessment |
9.1 Nigeria Sports Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Nigeria Sports Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.3 Nigeria Sports Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Sports Composites Market - Competitive Landscape |
10.1 Nigeria Sports Composites Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Sports Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |