| Product Code: ETC8633379 | 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 |
Despite experiencing a significant decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, the premium tobacco products import market in Nigeria continued to showcase high concentration levels in 2024, with top exporting countries being Vietnam, UAE, South Korea, China, and Hong Kong. The steep negative growth rate in 2024 reflects challenges faced by the industry, possibly due to regulatory changes or shifting consumer preferences. The sustained interest from key exporting countries highlights ongoing demand for premium tobacco products in the Nigerian market despite the overall downward 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 Premium Tobacco Products Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Premium Tobacco Products Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Premium Tobacco Products Market - Industry Life Cycle |
3.4 Nigeria Premium Tobacco Products Market - Porter's Five Forces |
3.5 Nigeria Premium Tobacco Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Premium Tobacco Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Premium Tobacco Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income levels in Nigeria leading to higher purchasing power for premium tobacco products. |
4.2.2 Growing urbanization and changing lifestyles influencing consumer preferences towards premium tobacco products. |
4.2.3 Rising population of young adults who are more inclined towards premium and luxury products. |
4.3 Market Restraints |
4.3.1 Stringent government regulations and policies on tobacco advertising, packaging, and taxation. |
4.3.2 Increasing awareness about health risks associated with tobacco consumption leading to a shift towards healthier alternatives. |
5 Nigeria Premium Tobacco Products Market Trends |
6 Nigeria Premium Tobacco Products Market, By Types |
6.1 Nigeria Premium Tobacco Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Premium Tobacco Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Premium Tobacco Products Market Revenues & Volume, By Cigarettes, 2021- 2031F |
6.1.4 Nigeria Premium Tobacco Products Market Revenues & Volume, By Cigars and Cigarillos, 2021- 2031F |
6.1.5 Nigeria Premium Tobacco Products Market Revenues & Volume, By E-Cigarettes, 2021- 2031F |
6.1.6 Nigeria Premium Tobacco Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Premium Tobacco Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Premium Tobacco Products Market Revenues & Volume, By Offline Retail Stores, 2021- 2031F |
6.2.3 Nigeria Premium Tobacco Products Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
7 Nigeria Premium Tobacco Products Market Import-Export Trade Statistics |
7.1 Nigeria Premium Tobacco Products Market Export to Major Countries |
7.2 Nigeria Premium Tobacco Products Market Imports from Major Countries |
8 Nigeria Premium Tobacco Products Market Key Performance Indicators |
8.1 Average selling price of premium tobacco products in Nigeria. |
8.2 Consumer perception and brand loyalty towards premium tobacco products. |
8.3 Number of new product launches and innovations in the premium tobacco segment. |
8.4 Percentage of market share held by premium tobacco products compared to overall tobacco market. |
9 Nigeria Premium Tobacco Products Market - Opportunity Assessment |
9.1 Nigeria Premium Tobacco Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Premium Tobacco Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Premium Tobacco Products Market - Competitive Landscape |
10.1 Nigeria Premium Tobacco Products Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Premium Tobacco Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |