Nigeria Rayon Fancy Yarn Market (2025-2031) Outlook | Companies, Value, Trends, Revenue, Forecast, Analysis, Size, Share, Growth & Industry

Market Forecast By Product Type (Spiral Yarn, Gimp Yarn, Loop Yarn, Snarl Yarn, Knob Yarn, Slub Yarn, Others), By Price (High/Premium, Medium, Low), By End-use (Fashion Clothing, Knitwear, Ties, Furnishings, Curtains, Upholstery, Others) And Competitive Landscape
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

Nigeria Rayon Fancy Yarn Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Nigeria Rayon Fancy Yarn Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Nigeria Rayon Fancy Yarn Market Outlook
  • Market Size of Nigeria Rayon Fancy Yarn Market, 2024
  • Forecast of Nigeria Rayon Fancy Yarn Market, 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Revenues & Volume for the Period 2021 - 2031
  • Nigeria Rayon Fancy Yarn Market Trend Evolution
  • Nigeria Rayon Fancy Yarn Market Drivers and Challenges
  • Nigeria Rayon Fancy Yarn Price Trends
  • Nigeria Rayon Fancy Yarn Porter's Five Forces
  • Nigeria Rayon Fancy Yarn Industry Life Cycle
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Product Type for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Spiral Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Gimp Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Loop Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Snarl Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Knob Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Slub Yarn for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Price for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By High/Premium for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Medium for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Low for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By End-use for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Fashion Clothing for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Knitwear for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Ties for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Furnishings for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Curtains for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Upholstery for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Rayon Fancy Yarn Market Revenues & Volume By Others for the Period 2021 - 2031
  • Nigeria Rayon Fancy Yarn Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Price
  • Market Opportunity Assessment By End-use
  • Nigeria Rayon Fancy Yarn Top Companies Market Share
  • Nigeria Rayon Fancy Yarn Competitive Benchmarking By Technical and Operational Parameters
  • Nigeria Rayon Fancy Yarn Company Profiles
  • Nigeria Rayon Fancy Yarn Key Strategic Recommendations

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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 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

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