| Product Code: ETC8632076 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the Compound Annual Growth Rate (CAGR) and a significant drop in the growth rate from 2023 to 2024, Nigeria continues to import perfumes mainly from Poland, UAE, Metropolitan France, India, and China. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. The preference for perfumes from these countries highlights the importance of quality and variety in the Nigerian market. It will be crucial for perfume manufacturers and exporters to adapt their strategies to navigate the changing landscape and potentially reverse the negative growth trend.

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 Perfume Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Perfume Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Perfume Market - Industry Life Cycle |
3.4 Nigeria Perfume Market - Porter's Five Forces |
3.5 Nigeria Perfume Market Revenues & Volume Share, By Perfume Type, 2021 & 2031F |
3.6 Nigeria Perfume Market Revenues & Volume Share, By Category, 2021 & 2031F |
4 Nigeria Perfume Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Nigeria leading to higher spending on luxury items like perfumes. |
4.2.2 Growing urbanization and changing lifestyles driving demand for personal care and grooming products, including perfumes. |
4.2.3 Rising awareness about personal hygiene and grooming among the Nigerian population boosting the demand for perfumes. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on luxury goods like perfumes leading to increased prices for consumers. |
4.3.2 Unstable economic and political conditions in Nigeria impacting consumer confidence and spending on non-essential items like perfumes. |
5 Nigeria Perfume Market Trends |
6 Nigeria Perfume Market, By Types |
6.1 Nigeria Perfume Market, By Perfume Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Perfume Market Revenues & Volume, By Perfume Type, 2021- 2031F |
6.1.3 Nigeria Perfume Market Revenues & Volume, By Premium Perfume Products, 2021- 2031F |
6.1.4 Nigeria Perfume Market Revenues & Volume, By Mass Perfume Products, 2021- 2031F |
6.2 Nigeria Perfume Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Perfume Market Revenues & Volume, By Female Fragrances, 2021- 2031F |
6.2.3 Nigeria Perfume Market Revenues & Volume, By Male Fragrances, 2021- 2031F |
6.2.4 Nigeria Perfume Market Revenues & Volume, By Unisex Fragrances, 2021- 2031F |
7 Nigeria Perfume Market Import-Export Trade Statistics |
7.1 Nigeria Perfume Market Export to Major Countries |
7.2 Nigeria Perfume Market Imports from Major Countries |
8 Nigeria Perfume Market Key Performance Indicators |
8.1 Consumer sentiment index towards luxury goods. |
8.2 Number of new product launches in the perfume market. |
8.3 Growth in the number of perfume retail outlets in Nigeria. |
9 Nigeria Perfume Market - Opportunity Assessment |
9.1 Nigeria Perfume Market Opportunity Assessment, By Perfume Type, 2021 & 2031F |
9.2 Nigeria Perfume Market Opportunity Assessment, By Category, 2021 & 2031F |
10 Nigeria Perfume Market - Competitive Landscape |
10.1 Nigeria Perfume Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Perfume Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |