| Product Code: ETC8628386 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see a significant influx of living and dining room furniture imports, with top exporting countries being China, Turkey, Italy, India, and the USA. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market maintained a strong Compound Annual Growth Rate (CAGR) of 5.48% from 2020 to 2024. Notably, the growth rate spiked to 21.93% from 2023 to 2024, demonstrating a robust expansion of the sector. This data suggests a steady demand for imported furniture in Nigeria, with diverse sources contributing to the market`s vibrancy.

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 Living and Dining Room Furniture Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Living and Dining Room Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Living and Dining Room Furniture Market - Industry Life Cycle |
3.4 Nigeria Living and Dining Room Furniture Market - Porter's Five Forces |
3.5 Nigeria Living and Dining Room Furniture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Living and Dining Room Furniture Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Nigeria Living and Dining Room Furniture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Living and Dining Room Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth and rising disposable income of the middle-class population in Nigeria leading to increased purchasing power. |
4.2.2 Urbanization and population growth driving demand for living and dining room furniture in residential spaces. |
4.2.3 Changing consumer preferences towards modern and stylish furniture designs influencing market growth. |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on furniture materials impacting the cost of production and pricing of furniture products. |
4.3.2 Limited access to affordable financing options for consumers hindering the purchasing capacity. |
4.3.3 Increasing competition from international furniture brands affecting the market share of local manufacturers. |
5 Nigeria Living and Dining Room Furniture Market Trends |
6 Nigeria Living and Dining Room Furniture Market, By Types |
6.1 Nigeria Living and Dining Room Furniture Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Seats and Sofas, 2021- 2031F |
6.1.4 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Chairs, 2021- 2031F |
6.1.5 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Tables, 2021- 2031F |
6.1.6 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Living and Dining Room Furniture Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Nigeria Living and Dining Room Furniture Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Departmental Stores, 2021- 2031F |
6.3.3 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Independent Furniture Retailers, 2021- 2031F |
6.3.4 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Factory Outlets, 2021- 2031F |
6.3.5 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Online, 2021- 2031F |
6.3.6 Nigeria Living and Dining Room Furniture Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Living and Dining Room Furniture Market Import-Export Trade Statistics |
7.1 Nigeria Living and Dining Room Furniture Market Export to Major Countries |
7.2 Nigeria Living and Dining Room Furniture Market Imports from Major Countries |
8 Nigeria Living and Dining Room Furniture Market Key Performance Indicators |
8.1 Consumer spending on furniture as a percentage of disposable income. |
8.2 Housing market trends and construction activities impacting the demand for living and dining room furniture. |
8.3 Consumer sentiment index towards home furnishing products. |
9 Nigeria Living and Dining Room Furniture Market - Opportunity Assessment |
9.1 Nigeria Living and Dining Room Furniture Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Living and Dining Room Furniture Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Nigeria Living and Dining Room Furniture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Living and Dining Room Furniture Market - Competitive Landscape |
10.1 Nigeria Living and Dining Room Furniture Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Living and Dining Room Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |