| Product Code: ETC10777629 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The personal floatation devices import market in Nigeria saw a continued decline in 2024, with a high concentration among top exporting countries like Thailand, China, Taiwan, South Africa, and the USA. The market concentration significantly increased from 2023 to 2024, indicating a challenging competitive landscape. The negative CAGR and growth rate highlight the overall downward trend in import shipments, suggesting a need for strategic adjustments and market analysis for stakeholders in the personal floatation devices sector in Nigeria.

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 Personal Floatation Devices Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Personal Floatation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Personal Floatation Devices Market - Industry Life Cycle |
3.4 Nigeria Personal Floatation Devices Market - Porter's Five Forces |
3.5 Nigeria Personal Floatation Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Personal Floatation Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Nigeria Personal Floatation Devices Market Revenues & Volume Share, By User Type, 2021 & 2031F |
3.8 Nigeria Personal Floatation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Nigeria Personal Floatation Devices Market Revenues & Volume Share, By Safety Standard, 2021 & 2031F |
4 Nigeria Personal Floatation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water safety measures in Nigeria |
4.2.2 Growth in water sports and recreational activities in the country |
4.2.3 Implementation of stringent safety regulations by government authorities |
4.3 Market Restraints |
4.3.1 High cost associated with personal floatation devices |
4.3.2 Limited availability of high-quality personal floatation devices in the market |
4.3.3 Lack of proper enforcement of safety regulations in certain regions |
5 Nigeria Personal Floatation Devices Market Trends |
6 Nigeria Personal Floatation Devices Market, By Types |
6.1 Nigeria Personal Floatation Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Personal Floatation Devices Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Personal Floatation Devices Market Revenues & Volume, By Life Jackets, 2021 - 2031F |
6.1.4 Nigeria Personal Floatation Devices Market Revenues & Volume, By Buoyancy Aids, 2021 - 2031F |
6.1.5 Nigeria Personal Floatation Devices Market Revenues & Volume, By Inflatable Life Belts, 2021 - 2031F |
6.1.6 Nigeria Personal Floatation Devices Market Revenues & Volume, By Survival Suits, 2021 - 2031F |
6.1.7 Nigeria Personal Floatation Devices Market Revenues & Volume, By Pool Floats, 2021 - 2031F |
6.2 Nigeria Personal Floatation Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Personal Floatation Devices Market Revenues & Volume, By Nylon & Foam, 2021 - 2031F |
6.2.3 Nigeria Personal Floatation Devices Market Revenues & Volume, By Neoprene, 2021 - 2031F |
6.2.4 Nigeria Personal Floatation Devices Market Revenues & Volume, By PVC, 2021 - 2031F |
6.2.5 Nigeria Personal Floatation Devices Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.2.6 Nigeria Personal Floatation Devices Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3 Nigeria Personal Floatation Devices Market, By User Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Personal Floatation Devices Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Nigeria Personal Floatation Devices Market Revenues & Volume, By Kids, 2021 - 2031F |
6.3.4 Nigeria Personal Floatation Devices Market Revenues & Volume, By Seniors, 2021 - 2031F |
6.3.5 Nigeria Personal Floatation Devices Market Revenues & Volume, By Rescue Professionals, 2021 - 2031F |
6.3.6 Nigeria Personal Floatation Devices Market Revenues & Volume, By Recreational Users, 2021 - 2031F |
6.4 Nigeria Personal Floatation Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Personal Floatation Devices Market Revenues & Volume, By Boating, 2021 - 2031F |
6.4.3 Nigeria Personal Floatation Devices Market Revenues & Volume, By Swimming, 2021 - 2031F |
6.4.4 Nigeria Personal Floatation Devices Market Revenues & Volume, By Water Sports, 2021 - 2031F |
6.4.5 Nigeria Personal Floatation Devices Market Revenues & Volume, By Maritime, 2021 - 2031F |
6.4.6 Nigeria Personal Floatation Devices Market Revenues & Volume, By Leisure, 2021 - 2031F |
6.5 Nigeria Personal Floatation Devices Market, By Safety Standard |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Personal Floatation Devices Market Revenues & Volume, By US Coast Guard Approved, 2021 - 2031F |
6.5.3 Nigeria Personal Floatation Devices Market Revenues & Volume, By ISO Certified, 2021 - 2031F |
6.5.4 Nigeria Personal Floatation Devices Market Revenues & Volume, By EN Certification, 2021 - 2031F |
6.5.5 Nigeria Personal Floatation Devices Market Revenues & Volume, By SOLAS Approved, 2021 - 2031F |
6.5.6 Nigeria Personal Floatation Devices Market Revenues & Volume, By ASTM Standard, 2021 - 2031F |
7 Nigeria Personal Floatation Devices Market Import-Export Trade Statistics |
7.1 Nigeria Personal Floatation Devices Market Export to Major Countries |
7.2 Nigeria Personal Floatation Devices Market Imports from Major Countries |
8 Nigeria Personal Floatation Devices Market Key Performance Indicators |
8.1 Number of water-related accidents reported annually in Nigeria |
8.2 Percentage of population using personal floatation devices during water activities |
8.3 Investments in research and development for innovative personal floatation devices |
9 Nigeria Personal Floatation Devices Market - Opportunity Assessment |
9.1 Nigeria Personal Floatation Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Personal Floatation Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Nigeria Personal Floatation Devices Market Opportunity Assessment, By User Type, 2021 & 2031F |
9.4 Nigeria Personal Floatation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Nigeria Personal Floatation Devices Market Opportunity Assessment, By Safety Standard, 2021 & 2031F |
10 Nigeria Personal Floatation Devices Market - Competitive Landscape |
10.1 Nigeria Personal Floatation Devices Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Personal Floatation Devices 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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