| Product Code: ETC8628540 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Despite a significant decline in growth rate from 2023 to 2024, the luxury gin import market in Nigeria continues to be dominated by a few key exporting countries such as the UK, South Africa, and Ireland. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a concentrated market, suggesting limited competition among import sources. With a modest compound annual growth rate (CAGR) of 0.63% from 2020 to 2024, there may be opportunities for market diversification and expansion in the future to drive renewed growth and ensure a healthy competitive landscape.
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 Luxury Gin Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Luxury Gin Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Luxury Gin Market - Industry Life Cycle |
3.4 Nigeria Luxury Gin Market - Porter's Five Forces |
3.5 Nigeria Luxury Gin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Luxury Gin Market Revenues & Volume Share, By Price Point, 2021 & 2031F |
3.7 Nigeria Luxury Gin Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Luxury Gin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the Nigerian population, leading to higher spending on luxury goods including gin. |
4.2.2 Growing trend of premiumization and sophistication in consumer preferences, driving demand for luxury gin brands. |
4.2.3 Rising popularity of gin-based cocktails and mixology culture in Nigeria, boosting the demand for luxury gin products. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on luxury goods, increasing the cost of production and pricing for luxury gin brands. |
4.3.2 Regulatory challenges and restrictions on alcohol advertising and promotion in Nigeria, limiting the marketing opportunities for luxury gin companies. |
5 Nigeria Luxury Gin Market Trends |
6 Nigeria Luxury Gin Market, By Types |
6.1 Nigeria Luxury Gin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Luxury Gin Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Luxury Gin Market Revenues & Volume, By London Dry Gin, 2021- 2031F |
6.1.4 Nigeria Luxury Gin Market Revenues & Volume, By Old Tom Gin, 2021- 2031F |
6.1.5 Nigeria Luxury Gin Market Revenues & Volume, By Plymouth Gin, 2021- 2031F |
6.2 Nigeria Luxury Gin Market, By Price Point |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Luxury Gin Market Revenues & Volume, By Standard, 2021- 2031F |
6.2.3 Nigeria Luxury Gin Market Revenues & Volume, By Premium, 2021- 2031F |
6.2.4 Nigeria Luxury Gin Market Revenues & Volume, By Luxury, 2021- 2031F |
6.3 Nigeria Luxury Gin Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Luxury Gin Market Revenues & Volume, By On-trade, 2021- 2031F |
6.3.3 Nigeria Luxury Gin Market Revenues & Volume, By Off-Trade, 2021- 2031F |
7 Nigeria Luxury Gin Market Import-Export Trade Statistics |
7.1 Nigeria Luxury Gin Market Export to Major Countries |
7.2 Nigeria Luxury Gin Market Imports from Major Countries |
8 Nigeria Luxury Gin Market Key Performance Indicators |
8.1 Brand perception and loyalty metrics, indicating the level of acceptance and loyalty towards luxury gin brands in the Nigerian market. |
8.2 Consumer engagement on social media platforms and online forums, reflecting the interest and interaction with luxury gin products. |
8.3 Number of exclusive partnerships and collaborations with local influencers or establishments, showcasing the brand positioning and reach in the luxury gin market. |
9 Nigeria Luxury Gin Market - Opportunity Assessment |
9.1 Nigeria Luxury Gin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Luxury Gin Market Opportunity Assessment, By Price Point, 2021 & 2031F |
9.3 Nigeria Luxury Gin Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Luxury Gin Market - Competitive Landscape |
10.1 Nigeria Luxury Gin Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Luxury Gin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |