| Product Code: ETC8633045 | 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 |
In 2024, Nigeria continued to see significant imports of popcorn machines, primarily sourced from China, South Korea, India, Germany, and Turkey. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative Compound Annual Growth Rate (CAGR) from 2020-2024, the slight improvement in the growth rate from 2023-2024 suggests a potential stabilization in the market. The competitive landscape in the popcorn machine import sector remains strong, with key players from various countries contributing to the market dynamics 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 Popcorn Machine Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Popcorn Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Popcorn Machine Market - Industry Life Cycle |
3.4 Nigeria Popcorn Machine Market - Porter's Five Forces |
3.5 Nigeria Popcorn Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Popcorn Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Nigeria Popcorn Machine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Popcorn Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for convenient snacks |
4.2.2 Growth in the entertainment industry leading to higher demand for popcorn machines |
4.2.3 Rising disposable incomes in Nigeria |
4.3 Market Restraints |
4.3.1 High initial investment cost for purchasing popcorn machines |
4.3.2 Limited awareness about the benefits of using popcorn machines |
4.3.3 Availability of alternative snack options in the market |
5 Nigeria Popcorn Machine Market Trends |
6 Nigeria Popcorn Machine Market, By Types |
6.1 Nigeria Popcorn Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Popcorn Machine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Popcorn Machine Market Revenues & Volume, By Hot Air Poppers, 2021- 2031F |
6.1.4 Nigeria Popcorn Machine Market Revenues & Volume, By Microwave Popcorn Machine, 2021- 2031F |
6.1.5 Nigeria Popcorn Machine Market Revenues & Volume, By Stovetop Popcorn Machine, 2021- 2031F |
6.1.6 Nigeria Popcorn Machine Market Revenues & Volume, By Professional Popcorn Machine, 2021- 2031F |
6.2 Nigeria Popcorn Machine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Popcorn Machine Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Nigeria Popcorn Machine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Nigeria Popcorn Machine Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Popcorn Machine Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.3 Nigeria Popcorn Machine Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Nigeria Popcorn Machine Market Import-Export Trade Statistics |
7.1 Nigeria Popcorn Machine Market Export to Major Countries |
7.2 Nigeria Popcorn Machine Market Imports from Major Countries |
8 Nigeria Popcorn Machine Market Key Performance Indicators |
8.1 Average number of popcorn machine installations per month |
8.2 Percentage increase in popcorn machine rental services |
8.3 Number of popcorn machine manufacturers entering the Nigerian market |
9 Nigeria Popcorn Machine Market - Opportunity Assessment |
9.1 Nigeria Popcorn Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Popcorn Machine Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Nigeria Popcorn Machine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Popcorn Machine Market - Competitive Landscape |
10.1 Nigeria Popcorn Machine Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Popcorn Machine 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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