Nigeria Eyewear Market (2020-2026)

Market Forecast By End-User (Male, Female, Unisex), By Product (Spectacles, Sunglasses, Contact Lenses & Others), By Distribution Channels (Online, Offline), By Regions (Northern Region, Western Region, Eastern Region) And Competitive Landscape

Product Code: ETC037265 Publication Date: Nov 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 76 No. of Figures: 23 No. of Tables: 5

The Nigeria Eyewear market witnessed a moderate growth during the period 2016-2019 due to the rising consumer consciousness and increasingly middle class population that is leading to increased spending on fashion products. Furthermore, rising concerns for quality products for vision correction coupled with increased brand consciousness amongst the consumers are some of the factors driving the growth of the Nigeria eyewear market. Additionally, the pandemic COVID-19 hit the country in 2020, due to which lockdown was imposed in the country and several other countries as well which resulted in supply chain disruptions, thereby, leading to a slowdown in market growth. Furthermore, the closure of markets across the country also had an adverse impact on market demand. However, recovery is expected in the market owing to an increase in digitalization and work from the home policy adopted by most of the companies, prompting increased usage of electronic devices, thus, fostering the demand for anti-glare eyewear products for eye protection.

According to 6Wresearch, the Nigeria Eyewear Market size is projected to grow at a CAGR of 5.0% during 2020-2026FThe primary reason for growth in the Nigeria eyewear industry can be attributed to the higher proportion of young and middle-aged people in the overall population, along with rising screen time of both the working population and children. Moreover, the increase in air pollution and high UV rays penetrating the atmosphere would further augment the demand for protective glasses in the forthcoming period, owing to increasing awareness among people regarding their health. Additionally, with rapid urbanization and increasing internet penetration, there has been a tremendous increase in online shopping, online gaming and trading along with online studying and working as well, leading to eye strains as a result of the blue light of the electronic screens, which would further enhance the need for protective glasses and spectacles in the coming years..

On the basis of product, spectacles dominated the Nigeria eyewear market as a result of increased exposure to smartphones, laptops and computer screens due to the changing lifestyle and technological advancement. However, the market demand for sunglasses is anticipated to grow at a faster pace in the coming years underpinned by rising fashion statements amongst the young population in the country coupled with changing climatic conditions due to which the need for eye protection is rising.

The Nigeria Eyewear market report thoroughly covers market by products, types, distribution channels, and regions. Nigeria Eyewear market outlook report provides an unbiased and detailed analysis of the on-going Nigeria Eyewear market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

  • Nigeria Eyewear Market Overview
  • Nigeria Eyewear Market Outlook
  • Nigeria Eyewear Market Forecast
  • Nigeria Eyewear Market Size and Nigeria Eyewear Market Forecast for the Period, 2020-2026F
  • Nigeria Eyewear Market Share, By End Users
  • Nigeria Eyewear Market Share, By Products
  • Nigeria Eyewear Market Share, By Distribution channelsssss
  • Nigeria Eyewear Market Share, By Regions
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, By Types, for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, By Applications, for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, By Types, for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, By Applications, for the Period 2016-2026F
  • Historical Data and Forecast of Nigeria Eyewear Market Revenues, By Regions, for the Period 2016-2026F
  • Nigeria Eyewear Market Revenue Share, By Market Players
  • Nigeria Eyewear Market Overview on Competitive Benchmarking
  • Nigeria Eyewear Market Drivers and Restraints
  • Nigeria Eyewear Market Trends
  • Competitive Benchmarking
  • Key Strategic Recommendations

Markets Covered:

The Nigeria Eyewear Market Report provides a detailed analysis of the following market segments:

  • By End Users
    • Men
    • Women
    • Unisex
  • By Products
    • Sunglasses
    • Spectacles
    • Contact Lenses
    • Others
  • By Distribution Channel
    • Online
    • Offline
  • By Regions
    • Northern Region
    • Western Region
    • Eastern Region

1. Executive Summary

2. Introduction

   2.1 Report Description

   2.2 Key Highlights of the Report

   2.3 Market Scope & Segmentation

   2.4 Research Methodology

   2.5 Assumptions

3. Nigeria Eyewear Market Overview

3.1 Nigeria Eyewear Market Revenues, 2016-2026F

3.2 Nigeria Eyewear Market-Industry Life Cycle

3.3 Nigeria Eyewear Market-Porter’s Five Forces

3.4 Nigeria Eyewear Market Revenue Share, By End-users, 2019 & 2026F

3.5 Nigeria Eyewear Market Revenue Share, By Products, 2019 & 2026F

3.6 Nigeria Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F

3.7 Nigeria Eyewear Market Revenue Share, By Regions, 2019 & 2026F

4. Nigeria Eyewear Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. Nigeria Eyewear Market Trends

6. Nigeria Eyewear Market Overview, By End-users

6.1  Nigeria Eyewear Market Revenues, By Men, 2016-2026F

6.2  Nigeria Eyewear Market Revenues, By Women, 2016-2026F

6.3  Nigeria Eyewear Market Revenues, By Unisex, 2016-2026F

7. Nigeria Eyewear Market Overview, By Products

7.1  Nigeria Eyewear Market Revenues, By Sunglasses, 2016-2026F

7.2  Nigeria Eyewear Market Revenues, By Spectacles, 2016-2026F

7.3  Nigeria Eyewear Market Revenues, By Contact Lenses, 2016-2026F

7.4  Nigeria Eyewear Market Revenues, By Others, 2016-2026F

8. Nigeria Eyewear Market Overview, By Distribution Channels

8.1 Nigeria Eyewear Market Revenues, By Online, 2016-2026F

8.2  Nigeria Eyewear Market Revenues, By Offline, 2016-2026F

9. Nigeria Eyewear Market Overview, By Regions

9.1. Nigeria Eyewear Market Revenues, By Regions, 2016-2026F

10. Nigeria Eyewear Market Key Performance Indicators

11. Nigeria Eyewear Market Opportunity Assessment

11.1 Nigeria Eyewear Market, Opportunity Assessment, By End Users, 2026F

11.2 Nigeria Eyewear Market, Opportunity Assessment, By Products, 2026F

11.3  Nigeria Eyewear Market, Opportunity Assessment, By Distribution Channels, 2026F

11.4 Nigeria Eyewear Market, Opportunity Assessment, By Regions, 2026F

12. Nigeria Eyewear Market Competitive Landscape

12.1  Nigeria Eyewear Market Competitive Benchmarking, By Product

12.2  Nigeria Eyewear Market Revenue Share, By Company, 2019

13. Company Profiles

14. Key Strategic Recommendations

15. Disclaimer

List of Figures:

1. Nigeria Eyewear Market Revenues, 2016-2026F ($ Million)

2. Nigeria Eyewear Market Revenue Share, By End User, 2019 & 2026F

3. Nigeria Eyewear Market Revenue Share, By Products, 2019 & 2026F

4. Nigeria Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F

5. Nigeria Eyewear Market Revenue Share, By Regions, 2019 & 2026F

6. Population Distribution in Nigeria, By Age, 2020

7. Nigeria Men Eyewear  Market Revenues, 2016-2026F ($ Million)

8. Nigeria Women Eyewear Market Revenues, 2016-2026F ($ Million)

9. Nigeria Unisex Eyewear Market Revenues, 2016-2026F ($ Million)

10. Nigeria Sunglasses Eyewear Market Revenues, 2016-2026F ($ Million)

11. Nigeria Spectacles Eyewear Market Revenues, 2016-2026F ($ Million)

12. Nigeria Contact Lenses Eyewear Market Revenues, 2016-2026F ($ Million)

13. Nigeria Other Eyewear Market Revenues, 2016-2026F ($ Million)

14. Nigeria Online Eyewear Market Revenues, 2016-2026F ($ Million)

15. Nigeria Offline Eyewear Market Revenues, 2016-2026F ($ Million)

16. Number of Mobile Users, Nigeria, 2016-Jul’2020 (Million Active Lines)

17. Monthly Subscriber Connected Lines in Nigeria, Jan’2020- Jul’2020 (Million Connected Lines)

18. Average UV Index, Lagos, Jan-Dec, 2019

19. Nigeria Eyewear Market Opportunity Assessment, By End Users, 2026F

20. Nigeria Eyewear Market Opportunity Assessment, By Products, 2026F

21. Nigeria Eyewear Market Opportunity Assessment, By Distribution Channels, 2026F

22. Nigeria Eyewear Market Opportunity Assessment, By Regions, 2026F

23. Nigeria Eyewear Market Revenue Share, By Companies, 2019

List of Tables:

1. Population Of Nigeria (2018-2020)

2. Population in Top 8 Urban Agglomerations in Nigeria, 2015 & 2030F (Million Persons)

3. Nigeria Eyewear Market Revenues, By Regions, 2016-2026F ($ Million)

4. List of Upcoming Skyscrapers in Nigeria

5. Average UV Index in 12 Top Cities in Nigeria (as on November 2020)

Nigeria Eyewear Market

South Africa Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Kenya Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Algeria Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Egypt Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Morocco Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Tunisia Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Tanzania Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Ghana Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

North America Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape

Latin America Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (Mexico, Brazil, Argentina) and competitive landscape

Europe Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Country ( and competitive landscape

Asia Pacific (APAC)  Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-User (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (China, Malaysia, India, Japan, Indonesia, Australia, Thailand &Rest Of Asia Pacific) And Competitive Landscape

Middle East  Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-User (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (Qatar, Oman, UAE, Kuwait, Bahrain, Saudi Arabia, Turkey & Rest Of Middle East) And Competitive Landscape

Africa  Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-User (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (Kenya, South Africa, Nigeria & Rest Of Africa) And Competitive Landscape

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