| Product Code: ETC427845 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to rely on garment eyelet imports, with top exporters being China, Germany, South Africa, UK, and South Korea. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -37.58% from 2020-24, there was a significant growth spurt of 24.77% from 2023-24. This suggests a potential shift in market dynamics and opportunities for both Nigerian importers and exporting countries to capitalize on the growing demand for garment eyelets in the region.

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 Garment Eyelets Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Garment Eyelets Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Garment Eyelets Market - Industry Life Cycle |
3.4 Nigeria Garment Eyelets Market - Porter's Five Forces |
3.5 Nigeria Garment Eyelets Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Nigeria Garment Eyelets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Garment Eyelets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fashion and apparel products in Nigeria |
4.2.2 Growth in the textile and garment manufacturing industry in Nigeria |
4.2.3 Rise in disposable income and changing consumer preferences towards fashionable accessories |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition among garment eyelet manufacturers in the market |
4.3.3 Economic instability and currency fluctuations impacting consumer spending on non-essential items |
5 Nigeria Garment Eyelets Market Trends |
6 Nigeria Garment Eyelets Market, By Types |
6.1 Nigeria Garment Eyelets Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Garment Eyelets Market Revenues & Volume, By Products, 2021 - 2031F |
6.1.3 Nigeria Garment Eyelets Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.1.4 Nigeria Garment Eyelets Market Revenues & Volume, By Zinc Alloy, 2021 - 2031F |
6.1.5 Nigeria Garment Eyelets Market Revenues & Volume, By Bronze, 2021 - 2031F |
6.1.6 Nigeria Garment Eyelets Market Revenues & Volume, By Other material, 2021 - 2031F |
6.2 Nigeria Garment Eyelets Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Garment Eyelets Market Revenues & Volume, By Men's Clothing, 2021 - 2031F |
6.2.3 Nigeria Garment Eyelets Market Revenues & Volume, By Women's Clothing, 2021 - 2031F |
7 Nigeria Garment Eyelets Market Import-Export Trade Statistics |
7.1 Nigeria Garment Eyelets Market Export to Major Countries |
7.2 Nigeria Garment Eyelets Market Imports from Major Countries |
8 Nigeria Garment Eyelets Market Key Performance Indicators |
8.1 Number of new fashion designers and brands incorporating eyelets in their designs |
8.2 Percentage increase in the production capacity of garment eyelet manufacturers in Nigeria |
8.3 Growth in the number of online searches for garment eyelets in Nigeria |
8.4 Adoption rate of eco-friendly and sustainable eyelet materials in the market |
8.5 Number of collaborations between garment eyelet manufacturers and fashion influencers or celebrities |
9 Nigeria Garment Eyelets Market - Opportunity Assessment |
9.1 Nigeria Garment Eyelets Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Nigeria Garment Eyelets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Garment Eyelets Market - Competitive Landscape |
10.1 Nigeria Garment Eyelets Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Garment Eyelets 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.
To discover high-growth global markets and optimize your business strategy:
Click Here