Product Code: ETC010809 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Nigeria Flooring Market is projected to witness mixed growth rate patterns during 2025 to 2029. Although the growth rate starts strong at -0.11% in 2025, it steadily loses momentum, ending at -0.11% by 2029.
The Nigeria flooring market is expected to reach a value of USD 1.7 billion by 2026, registering a CAGR of 6.5% during the forecast period (2020-2026). The increasing demand for hardwood and laminate floorings due to their durability, ease of installation and aesthetic appeal are some factors driving the growth in this market. In addition, the rising number of construction activities in Nigeria driven by strong economic growth has augmented the demand for flooring materials across numerous residential and commercial establishments.
Furthermore, government initiatives such as "Housing for all" have created lucrative opportunities for investment into housing sector which will further spur the need for robust and aesthetically appealing floor coverings. Moreover, technological advancements such as 3D printing technology enabling manufacturers to create intricate designs on various types of floors are also contributing towards industry expansion over the forecast period . Additionally, growing awareness among customers regarding environment friendly flooring solutions made from renewable sources will propel product penetration over coming years.
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 Flooring Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Flooring Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Flooring Market - Industry Life Cycle |
3.4 Nigeria Flooring Market - Porter's Five Forces |
3.5 Nigeria Flooring Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Nigeria Flooring Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Nigeria Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Flooring Market Trends |
6 Nigeria Flooring Market, By Types |
6.1 Nigeria Flooring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Flooring Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Nigeria Flooring Market Revenues & Volume, By Soft Coverings, 2016 - 2026F |
6.1.4 Nigeria Flooring Market Revenues & Volume, By Resilient Flooring, 2016 - 2026F |
6.1.5 Nigeria Flooring Market Revenues & Volume, By Non-Resilient Flooring, 2016 - 2026F |
6.1.6 Nigeria Flooring Market Revenues & Volume, By Seamless Flooring, 2016 - 2026F |
6.2 Nigeria Flooring Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Flooring Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Nigeria Flooring Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.4 Nigeria Flooring Market Revenues & Volume, By Industrial, 2016 - 2026F |
7 Nigeria Flooring Market Import-Export Trade Statistics |
7.1 Nigeria Flooring Market Export to Major Countries |
7.2 Nigeria Flooring Market Imports from Major Countries |
8 Nigeria Flooring Market Key Performance Indicators |
9 Nigeria Flooring Market - Opportunity Assessment |
9.1 Nigeria Flooring Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Nigeria Flooring Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Nigeria Flooring Market - Competitive Landscape |
10.1 Nigeria Flooring Market Revenue Share, By Companies, 2019 |
10.2 Nigeria Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |