| Product Code: ETC8631660 | 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 |
The Nigeria packaging impact modifiers import market saw a decline in 2024, with top exporting countries being Indonesia, Turkey, India, UAE, and China. Despite the negative Compound Annual Growth Rate (CAGR) of -23.43% from 2020-24 and a further decline in growth rate from 2023-24 at -27.65%, the market remains relatively stable with low concentration indicated by the Herfindahl-Hirschman Index (HHI). It will be interesting to observe how market dynamics and competition among these exporting countries evolve in the coming years.

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 Packaging Impact Modifiers Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Packaging Impact Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Packaging Impact Modifiers Market - Industry Life Cycle |
3.4 Nigeria Packaging Impact Modifiers Market - Porter's Five Forces |
3.5 Nigeria Packaging Impact Modifiers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Packaging Impact Modifiers Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F |
4 Nigeria Packaging Impact Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions in Nigeria |
4.2.2 Growth in the food and beverage industry leading to higher demand for packaging materials |
4.2.3 Rising urban population and changing consumer preferences towards convenient packaging options |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness and adoption of advanced packaging technologies in certain regions of Nigeria |
4.3.3 Stringent regulations and policies related to packaging materials and waste management |
5 Nigeria Packaging Impact Modifiers Market Trends |
6 Nigeria Packaging Impact Modifiers Market, By Types |
6.1 Nigeria Packaging Impact Modifiers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Acrylonitrile Butadiene Styrene, 2021- 2031F |
6.1.4 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Acrylic Impact Modifiers, 2021- 2031F |
6.1.5 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Acrylonitrile Styrene Acrylate, 2021- 2031F |
6.1.6 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Methacrylate-Butadiene-Styrene, 2021- 2031F |
6.1.7 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Ethylene Propylene Diene Monomer, 2021- 2031F |
6.1.8 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Chlorinated Polyethylene, 2021- 2031F |
6.2 Nigeria Packaging Impact Modifiers Market, By Plastic Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Polyvinyl Chloride, 2021- 2031F |
6.2.3 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Nylon, 2021- 2031F |
6.2.4 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Polybutylene Terephthalate, 2021- 2031F |
6.2.5 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Engineering Plastics, 2021- 2031F |
6.2.6 Nigeria Packaging Impact Modifiers Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Packaging Impact Modifiers Market Import-Export Trade Statistics |
7.1 Nigeria Packaging Impact Modifiers Market Export to Major Countries |
7.2 Nigeria Packaging Impact Modifiers Market Imports from Major Countries |
8 Nigeria Packaging Impact Modifiers Market Key Performance Indicators |
8.1 Percentage of packaging materials in Nigeria that are recyclable or biodegradable |
8.2 Adoption rate of innovative packaging technologies in the Nigerian market |
8.3 Growth rate of the food and beverage industry in Nigeria |
8.4 Percentage of companies in Nigeria investing in sustainable packaging solutions |
8.5 Rate of compliance with packaging waste management regulations in Nigeria |
9 Nigeria Packaging Impact Modifiers Market - Opportunity Assessment |
9.1 Nigeria Packaging Impact Modifiers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Packaging Impact Modifiers Market Opportunity Assessment, By Plastic Type, 2021 & 2031F |
10 Nigeria Packaging Impact Modifiers Market - Competitive Landscape |
10.1 Nigeria Packaging Impact Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Packaging Impact Modifiers 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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