| Product Code: ETC355009 | Publication Date: Aug 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 |
The glass bending furnaces import shipments to Nigeria in 2024 were predominantly sourced from India, China, UK, Belgium, and Australia. The industry exhibited a very high level of market concentration, with the Herfindahl-Hirschman Index (HHI) significantly increasing from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -8.72%, with a sharp decline in growth rate from 2023 to 2024 at -73.89%. This suggests a challenging market environment for glass bending furnace imports into Nigeria, potentially impacted by various factors influencing the 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 Glass Bending Furnaces Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Glass Bending Furnaces Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Glass Bending Furnaces Market - Industry Life Cycle |
3.4 Nigeria Glass Bending Furnaces Market - Porter's Five Forces |
3.5 Nigeria Glass Bending Furnaces Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Glass Bending Furnaces Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Glass Bending Furnaces Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Nigeria leading to increased demand for architectural glass products |
4.2.2 Government initiatives promoting the use of energy-efficient and sustainable materials like glass in construction projects |
4.2.3 Technological advancements in glass bending furnace equipment improving efficiency and quality of glass bending processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs of glass bending furnaces |
4.3.2 Lack of skilled labor and expertise in operating advanced glass bending furnace technologies |
4.3.3 Regulatory challenges and compliance requirements affecting market entry and operations of glass bending furnace manufacturers |
5 Nigeria Glass Bending Furnaces Market Trends |
6 Nigeria Glass Bending Furnaces Market, By Types |
6.1 Nigeria Glass Bending Furnaces Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Vertical Type, 2021 - 2031F |
6.1.4 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Horizontal Type, 2021 - 2031F |
6.2 Nigeria Glass Bending Furnaces Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Construction Machinery, 2021 - 2031F |
6.2.3 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Automobile, 2021 - 2031F |
6.2.4 Nigeria Glass Bending Furnaces Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Glass Bending Furnaces Market Import-Export Trade Statistics |
7.1 Nigeria Glass Bending Furnaces Market Export to Major Countries |
7.2 Nigeria Glass Bending Furnaces Market Imports from Major Countries |
8 Nigeria Glass Bending Furnaces Market Key Performance Indicators |
8.1 Percentage of energy-efficient glass bending furnaces being adopted in the Nigerian market |
8.2 Rate of technological adoption and integration of advanced features in glass bending furnace equipment |
8.3 Number of training programs and certifications provided to improve skills in glass bending furnace operation and maintenance |
8.4 Level of compliance with regulatory standards and certifications for glass bending furnace manufacturers |
8.5 Rate of innovation and new product development in the Nigeria glass bending furnaces market |
9 Nigeria Glass Bending Furnaces Market - Opportunity Assessment |
9.1 Nigeria Glass Bending Furnaces Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Glass Bending Furnaces Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Glass Bending Furnaces Market - Competitive Landscape |
10.1 Nigeria Glass Bending Furnaces Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Glass Bending Furnaces Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |