| Product Code: ETC8629155 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Metal IBC import shipments to Nigeria in 2024 continued to be dominated by top exporters such as China, Thailand, UAE, Malaysia, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the compound annual growth rate (CAGR) for the period 2020-2024 experienced a decline of -5.94%, with a significant drop in the growth rate from 2023 to 2024 at -47.86%. These figures suggest a challenging market environment for metal IBC imports in Nigeria, possibly influenced by various economic factors and global trade dynamics.

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 Metal IBC Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Metal IBC Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Metal IBC Market - Industry Life Cycle |
3.4 Nigeria Metal IBC Market - Porter's Five Forces |
3.5 Nigeria Metal IBC Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Nigeria Metal IBC Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Nigeria Metal IBC Market Revenues & Volume Share, By Content-Type, 2021 & 2031F |
3.8 Nigeria Metal IBC Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Nigeria Metal IBC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrial activities in Nigeria leading to increased demand for metal IBCs |
4.2.2 Government initiatives promoting the use of sustainable packaging solutions |
4.2.3 Rise in international trade boosting the need for efficient and durable packaging solutions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of metal IBCs |
4.3.2 Lack of awareness about the benefits of metal IBCs among small and medium enterprises |
4.3.3 Regulatory challenges related to the handling and transportation of hazardous materials using metal IBCs |
5 Nigeria Metal IBC Market Trends |
6 Nigeria Metal IBC Market, By Types |
6.1 Nigeria Metal IBC Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Metal IBC Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Nigeria Metal IBC Market Revenues & Volume, By Stainless-Steel, 2021- 2031F |
6.1.4 Nigeria Metal IBC Market Revenues & Volume, By Carbon Steel, 2021- 2031F |
6.2 Nigeria Metal IBC Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Metal IBC Market Revenues & Volume, By Cubical, 2021- 2031F |
6.2.3 Nigeria Metal IBC Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.3 Nigeria Metal IBC Market, By Content-Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Metal IBC Market Revenues & Volume, By Solids, 2021- 2031F |
6.3.3 Nigeria Metal IBC Market Revenues & Volume, By Semi-Solids, 2021- 2031F |
6.3.4 Nigeria Metal IBC Market Revenues & Volume, By Liquids, 2021- 2031F |
6.4 Nigeria Metal IBC Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Metal IBC Market Revenues & Volume, By Industrial Chemicals, 2021- 2031F |
6.4.3 Nigeria Metal IBC Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.4 Nigeria Metal IBC Market Revenues & Volume, By Petroleum & Lubricants, 2021- 2031F |
6.4.5 Nigeria Metal IBC Market Revenues & Volume, By Waste Disposal & recycling, 2021- 2031F |
6.4.6 Nigeria Metal IBC Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.4.7 Nigeria Metal IBC Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Nigeria Metal IBC Market Import-Export Trade Statistics |
7.1 Nigeria Metal IBC Market Export to Major Countries |
7.2 Nigeria Metal IBC Market Imports from Major Countries |
8 Nigeria Metal IBC Market Key Performance Indicators |
8.1 Percentage increase in industrial output in Nigeria |
8.2 Adoption rate of sustainable packaging solutions in the country |
8.3 Growth in the number of international trade agreements involving Nigeria |
8.4 Number of new regulations impacting the packaging industry in Nigeria |
8.5 Percentage of metal IBCs used for hazardous material transportation in the market |
9 Nigeria Metal IBC Market - Opportunity Assessment |
9.1 Nigeria Metal IBC Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Nigeria Metal IBC Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Nigeria Metal IBC Market Opportunity Assessment, By Content-Type, 2021 & 2031F |
9.4 Nigeria Metal IBC Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Nigeria Metal IBC Market - Competitive Landscape |
10.1 Nigeria Metal IBC Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Metal IBC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |