| Product Code: ETC239509 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of rayon fancy yarn into Nigeria in 2024 continued to show strong growth, with top exporting countries being South Africa, China, Ethiopia, Morocco, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 23.01% from 2020 to 2024 reflects the increasing demand for these products in Nigeria. Furthermore, the exceptional growth rate of 411.28% from 2023 to 2024 suggests a significant surge in imports within a short period, signaling a potentially lucrative market for suppliers and investors in the rayon fancy yarn industry.

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 Rayon Fancy Yarn Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Rayon Fancy Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Rayon Fancy Yarn Market - Industry Life Cycle |
3.4 Nigeria Rayon Fancy Yarn Market - Porter's Five Forces |
3.5 Nigeria Rayon Fancy Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Rayon Fancy Yarn Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.7 Nigeria Rayon Fancy Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Nigeria Rayon Fancy Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly yarn options in Nigeria |
4.2.2 Growth in the fashion and textile industry in Nigeria |
4.2.3 Rising disposable income and changing consumer preferences towards high-quality yarn products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from alternative yarn materials such as cotton or polyester |
4.3.3 Economic instability and currency fluctuations affecting purchasing power |
5 Nigeria Rayon Fancy Yarn Market Trends |
6 Nigeria Rayon Fancy Yarn Market, By Types |
6.1 Nigeria Rayon Fancy Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Spiral Yarn, 2021 - 2031F |
6.1.4 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Gimp Yarn, 2021 - 2031F |
6.1.5 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Loop Yarn, 2021 - 2031F |
6.1.6 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Snarl Yarn, 2021 - 2031F |
6.1.7 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Knob Yarn, 2021 - 2031F |
6.1.8 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Slub Yarn, 2021 - 2031F |
6.2 Nigeria Rayon Fancy Yarn Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By High/Premium, 2021 - 2031F |
6.2.3 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Medium, 2021 - 2031F |
6.2.4 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Low, 2021 - 2031F |
6.3 Nigeria Rayon Fancy Yarn Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Fashion Clothing, 2021 - 2031F |
6.3.3 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Knitwear, 2021 - 2031F |
6.3.4 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Ties, 2021 - 2031F |
6.3.5 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Furnishings, 2021 - 2031F |
6.3.6 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Curtains, 2021 - 2031F |
6.3.7 Nigeria Rayon Fancy Yarn Market Revenues & Volume, By Upholstery, 2021 - 2031F |
7 Nigeria Rayon Fancy Yarn Market Import-Export Trade Statistics |
7.1 Nigeria Rayon Fancy Yarn Market Export to Major Countries |
7.2 Nigeria Rayon Fancy Yarn Market Imports from Major Countries |
8 Nigeria Rayon Fancy Yarn Market Key Performance Indicators |
8.1 Percentage of rayon fancy yarns sourced from sustainable and eco-friendly suppliers |
8.2 Number of new fashion designers or textile businesses using rayon fancy yarn in their collections |
8.3 Consumer satisfaction ratings for rayon fancy yarn products |
8.4 Investment in research and development for innovative rayon yarn products |
8.5 Adoption rate of rayon fancy yarn in different textile applications in Nigeria |
9 Nigeria Rayon Fancy Yarn Market - Opportunity Assessment |
9.1 Nigeria Rayon Fancy Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Rayon Fancy Yarn Market Opportunity Assessment, By Price, 2021 & 2031F |
9.3 Nigeria Rayon Fancy Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Nigeria Rayon Fancy Yarn Market - Competitive Landscape |
10.1 Nigeria Rayon Fancy Yarn Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Rayon Fancy Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |