| Product Code: ETC8630711 | 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 |
In 2024, Nigeria continued to rely on imports for OTC dry eye drops, with key suppliers including India, China, Netherlands, Metropolitan France, and the USA. The market concentration remained high, indicating limited diversification among suppliers. However, the industry experienced a significant decline with a CAGR of -26.13% from 2020 to 2024, and a further decrease in growth rate of -30.33% from 2023 to 2024. This trend suggests a challenging environment for importers and highlights the need for strategic adjustments to navigate the market dynamics effectively.

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 OTC Dry Eye Drops Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria OTC Dry Eye Drops Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria OTC Dry Eye Drops Market - Industry Life Cycle |
3.4 Nigeria OTC Dry Eye Drops Market - Porter's Five Forces |
3.5 Nigeria OTC Dry Eye Drops Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria OTC Dry Eye Drops Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Nigeria OTC Dry Eye Drops Market Revenues & Volume Share, By Viscosity, 2021 & 2031F |
3.8 Nigeria OTC Dry Eye Drops Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria OTC Dry Eye Drops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and the importance of regular eye care. |
4.2.2 Growing elderly population in Nigeria leading to a higher prevalence of dry eye syndrome. |
4.2.3 Rising urbanization and changing lifestyles contributing to higher incidences of dry eye symptoms. |
4.3 Market Restraints |
4.3.1 Limited access to healthcare services in rural areas may hinder the distribution and reach of OTC dry eye drops. |
4.3.2 Lack of regulatory framework and quality control measures for OTC eye drops may impact consumer trust and adoption. |
5 Nigeria OTC Dry Eye Drops Market Trends |
6 Nigeria OTC Dry Eye Drops Market, By Types |
6.1 Nigeria OTC Dry Eye Drops Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Branded, 2021- 2031F |
6.1.4 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Generics, 2021- 2031F |
6.2 Nigeria OTC Dry Eye Drops Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By With Preservatives, 2021- 2031F |
6.2.3 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Preservative Free, 2021- 2031F |
6.3 Nigeria OTC Dry Eye Drops Market, By Viscosity |
6.3.1 Overview and Analysis |
6.3.2 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Low Viscosity, 2021- 2031F |
6.3.3 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By High Viscosity, 2021- 2031F |
6.4 Nigeria OTC Dry Eye Drops Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Drugstores and Supermarkets, 2021- 2031F |
6.4.3 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
6.4.4 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.5 Nigeria OTC Dry Eye Drops Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria OTC Dry Eye Drops Market Import-Export Trade Statistics |
7.1 Nigeria OTC Dry Eye Drops Market Export to Major Countries |
7.2 Nigeria OTC Dry Eye Drops Market Imports from Major Countries |
8 Nigeria OTC Dry Eye Drops Market Key Performance Indicators |
8.1 Number of eye care awareness campaigns conducted annually. |
8.2 Percentage increase in the elderly population in Nigeria. |
8.3 Growth in urban population and disposable income levels. |
8.4 Number of retail outlets stocking OTC dry eye drops. |
8.5 Consumer satisfaction ratings and feedback on OTC dry eye drops. |
9 Nigeria OTC Dry Eye Drops Market - Opportunity Assessment |
9.1 Nigeria OTC Dry Eye Drops Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria OTC Dry Eye Drops Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Nigeria OTC Dry Eye Drops Market Opportunity Assessment, By Viscosity, 2021 & 2031F |
9.4 Nigeria OTC Dry Eye Drops Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria OTC Dry Eye Drops Market - Competitive Landscape |
10.1 Nigeria OTC Dry Eye Drops Market Revenue Share, By Companies, 2024 |
10.2 Nigeria OTC Dry Eye Drops Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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