Product Code: ETC213541 | Publication Date: May 2022 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Nigeria Men`S Underwear market currently, in 2023, has witnessed an HHI of 5089, Which has decreased moderately as compared to the HHI of 6231 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Nigeria Men`s Underwear Market is experiencing steady growth driven by factors such as increasing disposable income, changing fashion trends, and a growing awareness of personal grooming among men. Traditional styles like briefs and boxers remain popular, but there is a rising demand for more fashionable and comfortable options such as trunks and boxer briefs. International brands like Calvin Klein and local brands like Brief Essentials are competing in the market, offering a variety of styles, materials, and price points to cater to the diverse consumer preferences. E-commerce platforms are also playing a significant role in expanding the market reach by providing convenient shopping options for consumers across the country. The market is expected to continue growing as men become more conscious of their fashion choices and seek out underwear that combines style with functionality.
The Nigeria Men`s Underwear Market is experiencing a shift towards more premium and fashionable products, driven by increasing disposable income and changing consumer preferences. There is a growing demand for higher quality materials, innovative designs, and comfortable fits among Nigerian men. Brands that offer a combination of style, functionality, and sustainability are gaining popularity in the market. Additionally, the rise of e-commerce platforms has made it easier for consumers to access a wider variety of underwear options, leading to increased competition among both local and international brands. Overall, the Nigeria Men`s Underwear Market is witnessing a trend towards premiumization and a focus on style and comfort to cater to the evolving needs of the modern Nigerian man.
In the Nigeria Men`s Underwear Market, some challenges faced include limited consumer awareness and preference for international brands, leading to stiff competition for local manufacturers. Additionally, the presence of counterfeit products in the market poses a threat to the reputation and sales of genuine brands. Infrastructure issues, such as unreliable supply chains and distribution networks, result in difficulties in reaching customers effectively. Economic factors, such as fluctuations in currency exchange rates and purchasing power, also impact consumer spending on non-essential items like men`s underwear. Moreover, cultural norms and perceptions around underwear may influence buying behavior, requiring brands to navigate sensitivities and preferences unique to the Nigerian market to effectively position their products and appeal to the target demographic.
The Nigeria Men`s Underwear Market presents promising investment opportunities due to the growing demand for quality and fashionable innerwear among the male population. With a large and youthful demographic, there is a significant market potential for both basic essentials and trendy designs. Investors can explore opportunities in manufacturing locally to cater to the increasing demand, thereby reducing import dependence. Additionally, introducing innovative fabrics, sustainable materials, and inclusive sizing options can differentiate brands and attract a diverse customer base. E-commerce platforms offer a convenient distribution channel, tapping into the digital-savvy consumer base. Collaborations with local designers or influencers can also enhance brand visibility and appeal. Overall, investing in the Nigeria Men`s Underwear Market offers a chance to capitalize on the expanding consumer preferences and drive growth in this segment.
The Nigeria Men`s Underwear Market is subject to government policies that regulate imports, manufacturing standards, and consumer protection. Import duties and tariffs on foreign underwear brands impact pricing and competition within the market. Additionally, local manufacturers are required to adhere to quality standards set by regulatory bodies to ensure product safety and consumer satisfaction. The government may also implement trade agreements that affect the accessibility of imported underwear products. Consumer protection laws govern advertising, labeling, and product safety to safeguard consumer rights. Overall, government policies play a vital role in shaping the Nigeria Men`s Underwear Market by influencing pricing, competition, quality standards, and consumer protection measures.
The future outlook for the Nigeria Men`s Underwear Market is promising, with expected growth driven by factors such as increasing disposable income, changing fashion trends, and a growing awareness of personal grooming among men. The market is likely to witness a rise in demand for premium and branded men`s underwear, as consumers seek higher quality products with better comfort and durability. E-commerce platforms are also projected to play a significant role in expanding the market reach, providing convenience and accessibility to a wider consumer base. As the Nigerian economy continues to develop and modernize, the men`s underwear market is poised for steady growth and innovation, presenting opportunities for both local and international brands to capitalize on this evolving consumer 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 Men's Underwear Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Men's Underwear Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Men's Underwear Market - Industry Life Cycle |
3.4 Nigeria Men's Underwear Market - Porter's Five Forces |
3.5 Nigeria Men's Underwear Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Nigeria Men's Underwear Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Nigeria Men's Underwear Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.8 Nigeria Men's Underwear Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 Nigeria Men's Underwear Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Nigeria Men's Underwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Men's Underwear Market Trends |
6 Nigeria Men's Underwear Market, By Types |
6.1 Nigeria Men's Underwear Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Men's Underwear Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 Nigeria Men's Underwear Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.1.4 Nigeria Men's Underwear Market Revenues & Volume, By Wool, 2021 - 2031F |
6.1.5 Nigeria Men's Underwear Market Revenues & Volume, By Silk, 2021 - 2031F |
6.1.6 Nigeria Men's Underwear Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.7 Nigeria Men's Underwear Market Revenues & Volume, By Rayon, 2021 - 2031F |
6.1.8 Nigeria Men's Underwear Market Revenues & Volume, By Linen, 2021 - 2031F |
6.1.9 Nigeria Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
6.1.10 Nigeria Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Nigeria Men's Underwear Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Men's Underwear Market Revenues & Volume, By Regular Brief, 2021 - 2031F |
6.2.3 Nigeria Men's Underwear Market Revenues & Volume, By Boxer Brief, 2021 - 2031F |
6.2.4 Nigeria Men's Underwear Market Revenues & Volume, By Boxer Shorts, 2021 - 2031F |
6.2.5 Nigeria Men's Underwear Market Revenues & Volume, By Trunks, 2021 - 2031F |
6.2.6 Nigeria Men's Underwear Market Revenues & Volume, By Thongs, 2021 - 2031F |
6.3 Nigeria Men's Underwear Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Men's Underwear Market Revenues & Volume, By XS, 2021 - 2031F |
6.3.3 Nigeria Men's Underwear Market Revenues & Volume, By S, 2021 - 2031F |
6.3.4 Nigeria Men's Underwear Market Revenues & Volume, By M, 2021 - 2031F |
6.3.5 Nigeria Men's Underwear Market Revenues & Volume, By L, 2021 - 2031F |
6.3.6 Nigeria Men's Underwear Market Revenues & Volume, By XL, 2021 - 2031F |
6.3.7 Nigeria Men's Underwear Market Revenues & Volume, By XXL, 2021 - 2031F |
6.4 Nigeria Men's Underwear Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Men's Underwear Market Revenues & Volume, By 15-25, 2021 - 2031F |
6.4.3 Nigeria Men's Underwear Market Revenues & Volume, By 26-35, 2021 - 2031F |
6.4.4 Nigeria Men's Underwear Market Revenues & Volume, By 46-55, 2021 - 2031F |
6.4.5 Nigeria Men's Underwear Market Revenues & Volume, By 56-65, 2021 - 2031F |
6.4.6 Nigeria Men's Underwear Market Revenues & Volume, By 65+, 2021 - 2031F |
6.5 Nigeria Men's Underwear Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Men's Underwear Market Revenues & Volume, By Wholesalers/ Distributors, 2021 - 2031F |
6.5.3 Nigeria Men's Underwear Market Revenues & Volume, By Hypermarkets/ Supermarkets, 2021 - 2031F |
6.5.4 Nigeria Men's Underwear Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.5 Nigeria Men's Underwear Market Revenues & Volume, By Multi-brand Stores, 2021 - 2031F |
6.5.6 Nigeria Men's Underwear Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.5.7 Nigeria Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Men's Underwear Market Import-Export Trade Statistics |
7.1 Nigeria Men's Underwear Market Export to Major Countries |
7.2 Nigeria Men's Underwear Market Imports from Major Countries |
8 Nigeria Men's Underwear Market Key Performance Indicators |
9 Nigeria Men's Underwear Market - Opportunity Assessment |
9.1 Nigeria Men's Underwear Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Nigeria Men's Underwear Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Nigeria Men's Underwear Market Opportunity Assessment, By Size, 2021 & 2031F |
9.4 Nigeria Men's Underwear Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 Nigeria Men's Underwear Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Nigeria Men's Underwear Market - Competitive Landscape |
10.1 Nigeria Men's Underwear Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Men's Underwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |