| Product Code: ETC8620434 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite experiencing a significant decline in growth rate from 2023 to 2024, Nigeria`s import shipments of CBD patches continued to be dominated by top exporting countries such as China, Vietnam, USA, India, and Metropolitan France. The High Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration in 2024, suggesting a competitive market environment. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 highlights challenges faced by the industry, but it also presents opportunities for strategic adjustments and improvements to drive future growth and market expansion.

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 CBD Patch Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria CBD Patch Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria CBD Patch Market - Industry Life Cycle |
3.4 Nigeria CBD Patch Market - Porter's Five Forces |
3.5 Nigeria CBD Patch Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria CBD Patch Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Nigeria CBD Patch Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Nigeria CBD Patch Market Revenues & Volume Share, By Dosage, 2021 & 2031F |
3.9 Nigeria CBD Patch Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.10 Nigeria CBD Patch Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Nigeria CBD Patch Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
4 Nigeria CBD Patch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of CBD products in Nigeria |
4.2.2 Growing acceptance of alternative medicine and natural remedies |
4.2.3 Rising prevalence of chronic pain and other health conditions that can be alleviated with CBD patches |
4.3 Market Restraints |
4.3.1 Lack of clear regulations and guidelines for CBD products in Nigeria |
4.3.2 Limited availability of high-quality CBD patches in the market |
4.3.3 Cultural and societal stigma associated with cannabis products impacting adoption rates |
5 Nigeria CBD Patch Market Trends |
6 Nigeria CBD Patch Market, By Types |
6.1 Nigeria CBD Patch Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria CBD Patch Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria CBD Patch Market Revenues & Volume, By Layer Drug-In-Adhesive, 2021- 2031F |
6.1.4 Nigeria CBD Patch Market Revenues & Volume, By Reservoir, 2021- 2031F |
6.1.5 Nigeria CBD Patch Market Revenues & Volume, By Matrix, 2021- 2031F |
6.2 Nigeria CBD Patch Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Nigeria CBD Patch Market Revenues & Volume, By Cannabis Indica, 2021- 2031F |
6.2.3 Nigeria CBD Patch Market Revenues & Volume, By Sativa, 2021- 2031F |
6.2.4 Nigeria CBD Patch Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.3 Nigeria CBD Patch Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Nigeria CBD Patch Market Revenues & Volume, By Two to Five Patches, 2021- 2031F |
6.3.3 Nigeria CBD Patch Market Revenues & Volume, By Single Patch, 2021- 2031F |
6.3.4 Nigeria CBD Patch Market Revenues & Volume, By More Than Five Patches, 2021- 2031F |
6.4 Nigeria CBD Patch Market, By Dosage |
6.4.1 Overview and Analysis |
6.4.2 Nigeria CBD Patch Market Revenues & Volume, By Below 30mg, 2021- 2031F |
6.4.3 Nigeria CBD Patch Market Revenues & Volume, By 30-40 mg, 2021- 2031F |
6.4.4 Nigeria CBD Patch Market Revenues & Volume, By 40-50mg, 2021- 2031F |
6.4.5 Nigeria CBD Patch Market Revenues & Volume, By Above 50 mg, 2021- 2031F |
6.5 Nigeria CBD Patch Market, By Derivatives |
6.5.1 Overview and Analysis |
6.5.2 Nigeria CBD Patch Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.5.3 Nigeria CBD Patch Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
6.5.4 Nigeria CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Nigeria CBD Patch Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Nigeria CBD Patch Market Revenues & Volume, By Chronic Pain, 2021- 2031F |
6.6.3 Nigeria CBD Patch Market Revenues & Volume, By Anxiety, 2021- 2031F |
6.6.4 Nigeria CBD Patch Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.6.5 Nigeria CBD Patch Market Revenues & Volume, By Elevate Mood, 2021- 2031F |
6.6.6 Nigeria CBD Patch Market Revenues & Volume, By Neurological Pain, 2021- 2031F |
6.6.7 Nigeria CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Nigeria CBD Patch Market, By Source Type |
6.7.1 Overview and Analysis |
6.7.2 Nigeria CBD Patch Market Revenues & Volume, By Natural, 2021- 2031F |
6.7.3 Nigeria CBD Patch Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.8 Nigeria CBD Patch Market, By End User |
6.8.1 Overview and Analysis |
6.8.2 Nigeria CBD Patch Market Revenues & Volume, By Homecare Setting, 2021- 2031F |
6.8.3 Nigeria CBD Patch Market Revenues & Volume, By Research and Development Centres, 2021- 2031F |
6.8.4 Nigeria CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.5 Nigeria CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.6 Nigeria CBD Patch Market Revenues & Volume, By Rehab Centres, 2021- 2031F |
6.8.7 Nigeria CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria CBD Patch Market Import-Export Trade Statistics |
7.1 Nigeria CBD Patch Market Export to Major Countries |
7.2 Nigeria CBD Patch Market Imports from Major Countries |
8 Nigeria CBD Patch Market Key Performance Indicators |
8.1 Number of clinical trials and research studies conducted on CBD patches in Nigeria |
8.2 Percentage of healthcare professionals recommending or prescribing CBD patches |
8.3 Average monthly search volume for CBD patches in Nigeria |
8.4 Number of new entrants and products in the Nigeria CBD patch market |
8.5 Customer satisfaction and retention rate for CBD patch brands |
9 Nigeria CBD Patch Market - Opportunity Assessment |
9.1 Nigeria CBD Patch Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria CBD Patch Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Nigeria CBD Patch Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Nigeria CBD Patch Market Opportunity Assessment, By Dosage, 2021 & 2031F |
9.5 Nigeria CBD Patch Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.6 Nigeria CBD Patch Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Nigeria CBD Patch Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.7 Nigeria CBD Patch Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria CBD Patch Market - Competitive Landscape |
10.1 Nigeria CBD Patch Market Revenue Share, By Companies, 2024 |
10.2 Nigeria CBD Patch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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