| Product Code: ETC8628237 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigerian lip care products import market continues to thrive, with top exporters in 2024 including China, USA, South Africa, India, and South Korea. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 29.96% from 2020 to 2024 highlights the increasing demand for lip care products in Nigeria. Additionally, the strong growth rate of 56.61% from 2023 to 2024 suggests a significant surge in imports, presenting lucrative opportunities for market players in the lip care segment.

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 Lip Care Products Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Lip Care Products Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Lip Care Products Market - Industry Life Cycle |
3.4 Nigeria Lip Care Products Market - Porter's Five Forces |
3.5 Nigeria Lip Care Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Lip Care Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Nigeria Lip Care Products Market Revenues & Volume Share, By Category, 2021 & 2031F |
4 Nigeria Lip Care Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about lip care and personal grooming |
4.2.2 Rising disposable income levels in Nigeria |
4.2.3 Growing urbanization leading to higher demand for cosmetic products |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers |
4.3.2 Presence of counterfeit products impacting market credibility |
4.3.3 Limited availability of high-quality raw materials locally |
5 Nigeria Lip Care Products Market Trends |
6 Nigeria Lip Care Products Market, By Types |
6.1 Nigeria Lip Care Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Lip Care Products Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Lip Care Products Market Revenues & Volume, By Lip Balms, 2021- 2031F |
6.1.4 Nigeria Lip Care Products Market Revenues & Volume, By Lip Scrubs, 2021- 2031F |
6.1.5 Nigeria Lip Care Products Market Revenues & Volume, By Lip Masks, 2021- 2031F |
6.1.6 Nigeria Lip Care Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Lip Care Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Lip Care Products Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Nigeria Lip Care Products Market Revenues & Volume, By Pharmacies/Drug Stores, 2021- 2031F |
6.2.4 Nigeria Lip Care Products Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.5 Nigeria Lip Care Products Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.6 Nigeria Lip Care Products Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
6.3 Nigeria Lip Care Products Market, By Category |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Lip Care Products Market Revenues & Volume, By Non-Medicated, 2021- 2031F |
6.3.3 Nigeria Lip Care Products Market Revenues & Volume, By Medicated and Therapeutic, 2021- 2031F |
6.3.4 Nigeria Lip Care Products Market Revenues & Volume, By Sun Protection, 2021- 2031F |
7 Nigeria Lip Care Products Market Import-Export Trade Statistics |
7.1 Nigeria Lip Care Products Market Export to Major Countries |
7.2 Nigeria Lip Care Products Market Imports from Major Countries |
8 Nigeria Lip Care Products Market Key Performance Indicators |
8.1 Percentage growth in online searches for lip care products in Nigeria |
8.2 Number of new entrants or product launches in the Nigeria lip care market |
8.3 Trends in consumer spending on personal care products in Nigeria |
9 Nigeria Lip Care Products Market - Opportunity Assessment |
9.1 Nigeria Lip Care Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Lip Care Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Nigeria Lip Care Products Market Opportunity Assessment, By Category, 2021 & 2031F |
10 Nigeria Lip Care Products Market - Competitive Landscape |
10.1 Nigeria Lip Care Products Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Lip Care Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |