| Product Code: ETC8631503 | 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 |
Despite a declining compound annual growth rate from 2020 to 2024, the Nigerian market for over-the-counter analgesics continues to demonstrate high concentration, with top exporters including India, China, and the USA. The negative growth rate in 2023-24 suggests a challenging landscape, but the presence of key exporting countries like the Netherlands and Metropolitan France indicates a resilient market demand. The industry`s high Herfindahl-Hirschman Index (HHI) in 2024 underscores the competitive nature of the market, making it imperative for stakeholders to navigate strategic partnerships and innovations to drive future growth.

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 Over-The-Counter (OTC) Analgesics Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Over-The-Counter (OTC) Analgesics Market - Industry Life Cycle |
3.4 Nigeria Over-The-Counter (OTC) Analgesics Market - Porter's Five Forces |
3.5 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume Share, By Type of Drug, 2021 & 2031F |
3.6 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Over-The-Counter (OTC) Analgesics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and acceptance of self-medication practices in Nigeria |
4.2.2 Growing prevalence of common health issues such as headaches and body pains |
4.2.3 Rising disposable income levels leading to higher purchasing power for OTC analgesics |
4.3 Market Restraints |
4.3.1 Stringent regulations and oversight by health authorities on OTC medication sales |
4.3.2 Competition from alternative therapies such as traditional medicine |
4.3.3 Concerns regarding potential side effects and misuse of OTC analgesics |
5 Nigeria Over-The-Counter (OTC) Analgesics Market Trends |
6 Nigeria Over-The-Counter (OTC) Analgesics Market, By Types |
6.1 Nigeria Over-The-Counter (OTC) Analgesics Market, By Type of Drug |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Type of Drug, 2021- 2031F |
6.1.3 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Acetaminophen, 2021- 2031F |
6.1.4 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), 2021- 2031F |
6.1.5 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Salicylates, 2021- 2031F |
6.1.6 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Other Analgesics, 2021- 2031F |
6.2 Nigeria Over-The-Counter (OTC) Analgesics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.2.3 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.2.4 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
6.2.5 Nigeria Over-The-Counter (OTC) Analgesics Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Nigeria Over-The-Counter (OTC) Analgesics Market Import-Export Trade Statistics |
7.1 Nigeria Over-The-Counter (OTC) Analgesics Market Export to Major Countries |
7.2 Nigeria Over-The-Counter (OTC) Analgesics Market Imports from Major Countries |
8 Nigeria Over-The-Counter (OTC) Analgesics Market Key Performance Indicators |
8.1 Number of pharmacies and drugstores stocking OTC analgesics |
8.2 Frequency of doctor consultations for common ailments among the Nigerian population |
8.3 Consumer satisfaction levels with the effectiveness of OTC analgesics |
9 Nigeria Over-The-Counter (OTC) Analgesics Market - Opportunity Assessment |
9.1 Nigeria Over-The-Counter (OTC) Analgesics Market Opportunity Assessment, By Type of Drug, 2021 & 2031F |
9.2 Nigeria Over-The-Counter (OTC) Analgesics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Over-The-Counter (OTC) Analgesics Market - Competitive Landscape |
10.1 Nigeria Over-The-Counter (OTC) Analgesics Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Over-The-Counter (OTC) Analgesics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |