| Product Code: ETC8620195 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria brake pad import market saw significant growth in 2024, with top exporting countries being China, Japan, Belgium, Germany, and Italy. The market concentration, as measured by the HHI index, increased from moderate to very high in 2024, indicating a more consolidated market landscape. With a strong compound annual growth rate (CAGR) of 10.35% from 2020 to 2024 and a notable growth rate of 43.84% from 2023 to 2024, the Nigerian brake pad import sector is experiencing rapid expansion and heightened competition among key exporting nations.

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 Brake Pad Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Brake Pad Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Brake Pad Market - Industry Life Cycle |
3.4 Nigeria Brake Pad Market - Porter's Five Forces |
3.5 Nigeria Brake Pad Market Revenues & Volume Share, By Brake Pad Material, 2021 & 2031F |
3.6 Nigeria Brake Pad Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Nigeria Brake Pad Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle sales and production in Nigeria |
4.2.2 Growing awareness about road safety and the importance of quality brake pads |
4.2.3 Technological advancements in brake pad materials and manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Presence of counterfeit brake pads in the market leading to safety concerns |
4.3.3 Competition from low-cost imported brake pads |
5 Nigeria Brake Pad Market Trends |
6 Nigeria Brake Pad Market, By Types |
6.1 Nigeria Brake Pad Market, By Brake Pad Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Brake Pad Market Revenues & Volume, By Brake Pad Material, 2021- 2031F |
6.1.3 Nigeria Brake Pad Market Revenues & Volume, By Metallic, 2021- 2031F |
6.1.4 Nigeria Brake Pad Market Revenues & Volume, By Ceramic, 2021- 2031F |
6.1.5 Nigeria Brake Pad Market Revenues & Volume, By Organic, 2021- 2031F |
6.2 Nigeria Brake Pad Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Brake Pad Market Revenues & Volume, By Two Wheeler Vehicles, 2021- 2031F |
6.2.3 Nigeria Brake Pad Market Revenues & Volume, By Passenger Vehicles, 2021- 2031F |
6.2.4 Nigeria Brake Pad Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.2.5 Nigeria Brake Pad Market Revenues & Volume, By Off-road Vehicles, 2021- 2031F |
7 Nigeria Brake Pad Market Import-Export Trade Statistics |
7.1 Nigeria Brake Pad Market Export to Major Countries |
7.2 Nigeria Brake Pad Market Imports from Major Countries |
8 Nigeria Brake Pad Market Key Performance Indicators |
8.1 Average lifespan of brake pads in the market |
8.2 Adoption rate of advanced brake pad technologies |
8.3 Number of road accidents attributed to brake pad failure |
8.4 Percentage of vehicles equipped with locally manufactured brake pads |
8.5 Customer satisfaction ratings for brake pad performance and durability |
9 Nigeria Brake Pad Market - Opportunity Assessment |
9.1 Nigeria Brake Pad Market Opportunity Assessment, By Brake Pad Material, 2021 & 2031F |
9.2 Nigeria Brake Pad Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Nigeria Brake Pad Market - Competitive Landscape |
10.1 Nigeria Brake Pad Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Brake Pad Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |