| Product Code: ETC8618425 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a significant decline in the CAGR and growth rate in 2024, Nigeria continues to import architectural paints and coatings mainly from Egypt, India, Italy, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition among suppliers. It will be crucial for importers and local manufacturers to closely monitor market trends and adjust their strategies to navigate the challenging dynamics in the industry and maintain a competitive edge.

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 Architectural Paints and Coatings Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Architectural Paints and Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Architectural Paints and Coatings Market - Industry Life Cycle |
3.4 Nigeria Architectural Paints and Coatings Market - Porter's Five Forces |
3.5 Nigeria Architectural Paints and Coatings Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Nigeria Architectural Paints and Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Nigeria Architectural Paints and Coatings Market Revenues & Volume Share, By Construction Type, 2021 & 2031F |
4 Nigeria Architectural Paints and Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction sector in Nigeria |
4.2.2 Increasing urbanization leading to demand for modern infrastructure |
4.2.3 Rising disposable income driving consumer spending on home renovation and decoration |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges in terms of environmental standards and compliance |
4.3.3 Competition from substitute products like wallpaper and wall panels |
5 Nigeria Architectural Paints and Coatings Market Trends |
6 Nigeria Architectural Paints and Coatings Market, By Types |
6.1 Nigeria Architectural Paints and Coatings Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.5 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.6 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.7 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Other Resin Types, 2021- 2031F |
6.2 Nigeria Architectural Paints and Coatings Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Water-Borne, 2021- 2031F |
6.2.3 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Solvent-Borne, 2021- 2031F |
6.3 Nigeria Architectural Paints and Coatings Market, By Construction Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Nigeria Architectural Paints and Coatings Market Revenues & Volume, By Non-Residential, 2021- 2031F |
7 Nigeria Architectural Paints and Coatings Market Import-Export Trade Statistics |
7.1 Nigeria Architectural Paints and Coatings Market Export to Major Countries |
7.2 Nigeria Architectural Paints and Coatings Market Imports from Major Countries |
8 Nigeria Architectural Paints and Coatings Market Key Performance Indicators |
8.1 Average selling price of architectural paints and coatings |
8.2 Number of new construction projects in Nigeria |
8.3 Consumer sentiment towards home improvement and renovation trends |
9 Nigeria Architectural Paints and Coatings Market - Opportunity Assessment |
9.1 Nigeria Architectural Paints and Coatings Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Nigeria Architectural Paints and Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Nigeria Architectural Paints and Coatings Market Opportunity Assessment, By Construction Type, 2021 & 2031F |
10 Nigeria Architectural Paints and Coatings Market - Competitive Landscape |
10.1 Nigeria Architectural Paints and Coatings Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Architectural Paints and Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |