| Product Code: ETC8633976 | 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 |
In 2024, Nigeria continued to rely on imports of rechargeable poly lithium ion batteries, with top exporters being China, South Africa, Cyprus, Metropolitan France, and Mexico. Despite a high concentration level in the market, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -8.92% from 2020 to 2024. The growth rate in 2024 alone plummeted by -35.17%, indicating a challenging year for the sector. This data suggests a need for strategic adjustments and market diversification in the Nigerian rechargeable battery 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 Rechargeable Poly Lithium Ion Battery Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Rechargeable Poly Lithium Ion Battery Market - Industry Life Cycle |
3.4 Nigeria Rechargeable Poly Lithium Ion Battery Market - Porter's Five Forces |
3.5 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.6 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Rechargeable Poly Lithium Ion Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices in Nigeria |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Growing awareness about the benefits of rechargeable poly lithium ion batteries |
4.3 Market Restraints |
4.3.1 High initial cost of rechargeable poly lithium ion batteries |
4.3.2 Lack of infrastructure for recycling and disposal of lithium ion batteries |
4.3.3 Competition from traditional disposable battery manufacturers |
5 Nigeria Rechargeable Poly Lithium Ion Battery Market Trends |
6 Nigeria Rechargeable Poly Lithium Ion Battery Market, By Types |
6.1 Nigeria Rechargeable Poly Lithium Ion Battery Market, By Structure |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Structure, 2021- 2031F |
6.1.3 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.1.4 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Prismatic, 2021- 2031F |
6.2 Nigeria Rechargeable Poly Lithium Ion Battery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.2.3 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.4 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Power, 2021- 2031F |
6.2.5 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Rechargeable Poly Lithium Ion Battery Market Import-Export Trade Statistics |
7.1 Nigeria Rechargeable Poly Lithium Ion Battery Market Export to Major Countries |
7.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Imports from Major Countries |
8 Nigeria Rechargeable Poly Lithium Ion Battery Market Key Performance Indicators |
8.1 Adoption rate of rechargeable poly lithium ion batteries in consumer electronics |
8.2 Investment in research and development for improving battery technology in Nigeria |
8.3 Percentage of energy generation from renewable sources in Nigeria |
9 Nigeria Rechargeable Poly Lithium Ion Battery Market - Opportunity Assessment |
9.1 Nigeria Rechargeable Poly Lithium Ion Battery Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Rechargeable Poly Lithium Ion Battery Market - Competitive Landscape |
10.1 Nigeria Rechargeable Poly Lithium Ion Battery Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Rechargeable Poly Lithium Ion Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |