Nigeria Plastics Market (2025-2031) | Outlook, Share, Companies, Size & Revenue, Forecast, Growth, Industry, Value, Competitive Landscape, Segmentation, Analysis, Trends

Name: Nigeria Plastics Market (2025-2031) | Outlook & Share
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Plastics Market, Nigeria Plastics Market, Nigeria Plastics Market Revenues, Nigeria Plastics Market Share, Nigeria Plastics Market Size, Nigeria Plastics Market Outlook, Nigeria Plastics Market Report, Nigeria Plastics Market Competition, Nigeria Plastics Market Overview, Nigeria Plastics Market Trends, Nigeria Plastics Market Forecast

Market Forecast By Type (Traditional Plastics, Engineering Plastics, Bioplastics), By Technology (Injection Molding, Extrusion Molding, Blow Molding, Others), By Application (Packaging, Electrical and Electronics, Building and Construction, Automotive and Transportation, Furniture and Bedding, Others) And Competitive Landscape

Product Code: ETC8632714	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Nigeria Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Nigeria plastics import market in 2024 continued to be dominated by imports from Saudi Arabia, South Korea, South Africa, China, and Vietnam. With a high Herfindahl-Hirschman Index indicating concentrated market share, the industry saw a negative compound annual growth rate of -4.28% from 2020 to 2024. However, there was a notable uptick in growth from 2023 to 2024, with a growth rate of 12.05%. This suggests potential opportunities for market expansion and diversification in the coming years despite the overall declining trend.

Nigeria Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Nigeria Plastics Market Outlook
Market Size of Nigeria Plastics Market, 2024
Forecast of Nigeria Plastics Market, 2031
Historical Data and Forecast of Nigeria Plastics Revenues & Volume for the Period 2021- 2031
Nigeria Plastics Market Trend Evolution
Nigeria Plastics Market Drivers and Challenges
Nigeria Plastics Price Trends
Nigeria Plastics Porter's Five Forces
Nigeria Plastics Industry Life Cycle
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Traditional Plastics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Engineering Plastics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Bioplastics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Technology for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Injection Molding for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Extrusion Molding for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Blow Molding for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Packaging for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Electrical and Electronics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Building and Construction for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Automotive and Transportation for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Furniture and Bedding for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastics Market Revenues & Volume By Others for the Period 2021- 2031
Nigeria Plastics Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Application
Nigeria Plastics Top Companies Market Share
Nigeria Plastics Competitive Benchmarking By Technical and Operational Parameters
Nigeria Plastics Company Profiles
Nigeria Plastics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Plastics Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Plastics Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Plastics Market - Industry Life Cycle

3.4 Nigeria Plastics Market - Porter's Five Forces

3.5 Nigeria Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Nigeria Plastics Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Nigeria Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Nigeria Plastics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for packaging materials in various industries

4.2.2 Growth in construction and infrastructure projects driving the demand for plastic products

4.2.3 Government initiatives promoting the use of plastics in different sectors

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting production costs

4.3.2 Environmental concerns leading to the push for sustainable and eco-friendly alternatives to plastics

4.3.3 Competition from alternative materials such as paper, glass, and metal

5 Nigeria Plastics Market Trends

6 Nigeria Plastics Market, By Types

6.1 Nigeria Plastics Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Plastics Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Nigeria Plastics Market Revenues & Volume, By Traditional Plastics, 2021- 2031F

6.1.4 Nigeria Plastics Market Revenues & Volume, By Engineering Plastics, 2021- 2031F

6.1.5 Nigeria Plastics Market Revenues & Volume, By Bioplastics, 2021- 2031F

6.2 Nigeria Plastics Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Nigeria Plastics Market Revenues & Volume, By Injection Molding, 2021- 2031F

6.2.3 Nigeria Plastics Market Revenues & Volume, By Extrusion Molding, 2021- 2031F

6.2.4 Nigeria Plastics Market Revenues & Volume, By Blow Molding, 2021- 2031F

6.2.5 Nigeria Plastics Market Revenues & Volume, By Others, 2021- 2031F

6.3 Nigeria Plastics Market, By Application

6.3.1 Overview and Analysis

6.3.2 Nigeria Plastics Market Revenues & Volume, By Packaging, 2021- 2031F

6.3.3 Nigeria Plastics Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F

6.3.4 Nigeria Plastics Market Revenues & Volume, By Building and Construction, 2021- 2031F

6.3.5 Nigeria Plastics Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F

6.3.6 Nigeria Plastics Market Revenues & Volume, By Furniture and Bedding, 2021- 2031F

6.3.7 Nigeria Plastics Market Revenues & Volume, By Others, 2021- 2031F

7 Nigeria Plastics Market Import-Export Trade Statistics

7.1 Nigeria Plastics Market Export to Major Countries

7.2 Nigeria Plastics Market Imports from Major Countries

8 Nigeria Plastics Market Key Performance Indicators

8.1 Percentage of plastic recycling rate in Nigeria

8.2 Adoption rate of biodegradable plastics in the market

8.3 Amount of investment in plastic recycling infrastructure

8.4 Number of plastic product innovations introduced to the market

8.5 Level of government support and policies favoring the plastics industry

9 Nigeria Plastics Market - Opportunity Assessment

9.1 Nigeria Plastics Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Nigeria Plastics Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Nigeria Plastics Market Opportunity Assessment, By Application, 2021 & 2031F

10 Nigeria Plastics Market - Competitive Landscape

10.1 Nigeria Plastics Market Revenue Share, By Companies, 2024

10.2 Nigeria Plastics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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