| Product Code: ETC8631506 | 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 negative CAGR and declining growth rate in 2024, Nigeria continues to heavily rely on imports of over-the-counter medications from top exporting countries such as India, China, Netherlands, Metropolitan France, and the USA. The high concentration of the market indicates a strong presence of these key players. It will be crucial for Nigerian authorities to monitor these trends closely and potentially explore strategies to promote domestic production or diversify import sources to ensure a stable supply of OTC medications in the future.

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) Medications Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Over-the-Counter (OTC) Medications Market - Industry Life Cycle |
3.4 Nigeria Over-the-Counter (OTC) Medications Market - Porter's Five Forces |
3.5 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.7 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.8 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Over-the-Counter (OTC) Medications Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about self-medication and convenience of over-the-counter medications |
4.2.2 Rising healthcare expenditure in Nigeria |
4.2.3 Growing prevalence of minor ailments and conditions requiring self-treatment |
4.3 Market Restraints |
4.3.1 Lack of proper regulations leading to counterfeit products in the market |
4.3.2 Limited access to healthcare facilities in remote areas impacting distribution of OTC medications |
4.3.3 Low disposable income and affordability issues for a significant portion of the population |
5 Nigeria Over-the-Counter (OTC) Medications Market Trends |
6 Nigeria Over-the-Counter (OTC) Medications Market, By Types |
6.1 Nigeria Over-the-Counter (OTC) Medications Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Cough, 2021- 2031F |
6.1.4 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Cold, and Flu Products, 2021- 2031F |
6.1.5 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Analgesics, 2021- 2031F |
6.1.6 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Dermatology Products, 2021- 2031F |
6.1.7 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Gastrointestinal Products, 2021- 2031F |
6.1.8 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Vitamins, Mineral, and Supplements (VMS), 2021- 2031F |
6.1.9 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Ophthalmic Products, 2021- 2031F |
6.1.10 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Ophthalmic Products, 2021- 2031F |
6.2 Nigeria Over-the-Counter (OTC) Medications Market, By Dosage Form |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2.3 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Hard Capsules, 2021- 2031F |
6.2.4 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Powders, 2021- 2031F |
6.2.5 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Ointments, 2021- 2031F |
6.2.6 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Soft Capsules, 2021- 2031F |
6.2.7 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Liquids, 2021- 2031F |
6.3 Nigeria Over-the-Counter (OTC) Medications Market, By Category |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Branded, 2021- 2031F |
6.3.3 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Generic Drugs, 2021- 2031F |
6.4 Nigeria Over-the-Counter (OTC) Medications Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.4.3 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.4 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
6.4.5 Nigeria Over-the-Counter (OTC) Medications Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Nigeria Over-the-Counter (OTC) Medications Market Import-Export Trade Statistics |
7.1 Nigeria Over-the-Counter (OTC) Medications Market Export to Major Countries |
7.2 Nigeria Over-the-Counter (OTC) Medications Market Imports from Major Countries |
8 Nigeria Over-the-Counter (OTC) Medications Market Key Performance Indicators |
8.1 Number of pharmacies and drugstores offering OTC medications in Nigeria |
8.2 Consumer awareness and preference surveys indicating trust and usage of OTC medications |
8.3 Healthcare infrastructure development and accessibility improvements in underserved regions |
9 Nigeria Over-the-Counter (OTC) Medications Market - Opportunity Assessment |
9.1 Nigeria Over-the-Counter (OTC) Medications Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Over-the-Counter (OTC) Medications Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.3 Nigeria Over-the-Counter (OTC) Medications Market Opportunity Assessment, By Category, 2021 & 2031F |
9.4 Nigeria Over-the-Counter (OTC) Medications Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Over-the-Counter (OTC) Medications Market - Competitive Landscape |
10.1 Nigeria Over-the-Counter (OTC) Medications Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Over-the-Counter (OTC) Medications Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |