| Product Code: ETC8621797 | 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 |
In 2024, Nigeria saw a significant increase in collation shrink films import shipments, with top exporting countries being India, Germany, China, Austria, and the UK. The market concentration, as measured by the HHI, escalated from high to very high in just a year, indicating a more consolidated market landscape. Despite a negative CAGR of -25.76% from 2020 to 2024, the growth rate spiked by 87.02% from 2023 to 2024, showcasing a sudden surge in demand and potential market expansion opportunities for stakeholders in the collation shrink films industry.

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 Collation Shrink Films Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Collation Shrink Films Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Collation Shrink Films Market - Industry Life Cycle |
3.4 Nigeria Collation Shrink Films Market - Porter's Five Forces |
3.5 Nigeria Collation Shrink Films Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Nigeria Collation Shrink Films Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Nigeria Collation Shrink Films Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Collation Shrink Films Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Nigeria Collation Shrink Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for packaged goods in Nigeria |
4.2.2 Increasing adoption of collation shrink films for packaging due to their protective and marketing benefits |
4.2.3 Rise in manufacturing activities in Nigeria leading to higher usage of collation shrink films |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of collation shrink films |
4.3.2 Lack of awareness and education among smaller businesses regarding the benefits of using collation shrink films |
4.3.3 Competition from alternative packaging solutions in the market |
5 Nigeria Collation Shrink Films Market Trends |
6 Nigeria Collation Shrink Films Market, By Types |
6.1 Nigeria Collation Shrink Films Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Collation Shrink Films Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Nigeria Collation Shrink Films Market Revenues & Volume, By Low-density Polyethylene, 2021- 2031F |
6.2 Nigeria Collation Shrink Films Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Collation Shrink Films Market Revenues & Volume, By Below 25 microns, 2021- 2031F |
6.2.3 Nigeria Collation Shrink Films Market Revenues & Volume, By 25-50 microns, 2021- 2031F |
6.2.4 Nigeria Collation Shrink Films Market Revenues & Volume, By 50-100 microns, 2021- 2031F |
6.2.5 Nigeria Collation Shrink Films Market Revenues & Volume, By Above 100 microns, 2021- 2031F |
6.3 Nigeria Collation Shrink Films Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Collation Shrink Films Market Revenues & Volume, By Bottles, 2021- 2031F |
6.3.3 Nigeria Collation Shrink Films Market Revenues & Volume, By Cans, 2021- 2031F |
6.3.4 Nigeria Collation Shrink Films Market Revenues & Volume, By Books and Magazines, 2021- 2031F |
6.3.5 Nigeria Collation Shrink Films Market Revenues & Volume, By Cartons, 2021- 2031F |
6.3.6 Nigeria Collation Shrink Films Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Nigeria Collation Shrink Films Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Collation Shrink Films Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.4.3 Nigeria Collation Shrink Films Market Revenues & Volume, By Cosmetics and Personal care, 2021- 2031F |
6.4.4 Nigeria Collation Shrink Films Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Nigeria Collation Shrink Films Market Revenues & Volume, By Transport and Logistics, 2021- 2031F |
6.4.6 Nigeria Collation Shrink Films Market Revenues & Volume, By Printing and Publishing, 2021- 2031F |
6.4.7 Nigeria Collation Shrink Films Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Collation Shrink Films Market Import-Export Trade Statistics |
7.1 Nigeria Collation Shrink Films Market Export to Major Countries |
7.2 Nigeria Collation Shrink Films Market Imports from Major Countries |
8 Nigeria Collation Shrink Films Market Key Performance Indicators |
8.1 Percentage increase in the number of companies using collation shrink films in their packaging |
8.2 Growth in the number of packaging equipment manufacturers offering collation shrink film compatible machines |
8.3 Number of new product launches or innovations in the collation shrink film market |
9 Nigeria Collation Shrink Films Market - Opportunity Assessment |
9.1 Nigeria Collation Shrink Films Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Nigeria Collation Shrink Films Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Nigeria Collation Shrink Films Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Collation Shrink Films Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Nigeria Collation Shrink Films Market - Competitive Landscape |
10.1 Nigeria Collation Shrink Films Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Collation Shrink Films Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |