Nigeria Residential Furnace Market (2025-2031) | Growth, Share, Companies, Forecast, Size & Revenue, Value, Analysis, Trends, Segmentation, Competitive Landscape, Industry, Outlook

Name: Nigeria Residential Furnace Market (2025-2031) | Growth & Share
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Residential Furnace Market, Nigeria Residential Furnace Market, Nigeria Residential Furnace Market Revenues, Nigeria Residential Furnace Market Share, Nigeria Residential Furnace Market Size, Nigeria Residential Furnace Market Outlook, Nigeria Residential Furnace Market Report, Nigeria Residential Furnace Market Competition, Nigeria Residential Furnace Market Overview, Nigeria Residential Furnace Market Trends, Nigeria Residential Furnace Market Forecast

Market Forecast By Type (Gas Furnace, Oil Furnace, Others), By AFUE (80% to 90%, 90% to 95%, Above 95%), By Capacity (1.5, 2, 2.5, 3, 3.5, 4, 5, 6), By Distribution Channel (Direct Sales, Indirect Sales) And Competitive Landscape

Product Code: ETC8634233	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

Nigeria Residential Furnace Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Nigeria continued to see a high concentration of residential furnace imports, with the top exporting countries being UAE, China, Ghana, India, and Norway. Despite a negative compound annual growth rate (CAGR) of -6.97% from 2020 to 2024, the market experienced a significant growth spurt in 2024 with a growth rate of 49.61% compared to the previous year. This indicates a potential shift or surge in demand for residential furnaces in Nigeria, with key players like UAE and China leading the export market.

Nigeria Residential Furnace Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Nigeria Residential Furnace Market Outlook
Market Size of Nigeria Residential Furnace Market, 2024
Forecast of Nigeria Residential Furnace Market, 2031
Historical Data and Forecast of Nigeria Residential Furnace Revenues & Volume for the Period 2021- 2031
Nigeria Residential Furnace Market Trend Evolution
Nigeria Residential Furnace Market Drivers and Challenges
Nigeria Residential Furnace Price Trends
Nigeria Residential Furnace Porter's Five Forces
Nigeria Residential Furnace Industry Life Cycle
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Gas Furnace for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Oil Furnace for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By AFUE for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 80% to 90% for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 90% to 95% for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Above 95% for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Capacity for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 1.5 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 2 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 2.5 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 3 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 3.5 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 4 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 5 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By 6 for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Direct Sales for the Period 2021- 2031
Historical Data and Forecast of Nigeria Residential Furnace Market Revenues & Volume By Indirect Sales for the Period 2021- 2031
Nigeria Residential Furnace Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By AFUE
Market Opportunity Assessment By Capacity
Market Opportunity Assessment By Distribution Channel
Nigeria Residential Furnace Top Companies Market Share
Nigeria Residential Furnace Competitive Benchmarking By Technical and Operational Parameters
Nigeria Residential Furnace Company Profiles
Nigeria Residential Furnace Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Residential Furnace Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Residential Furnace Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Residential Furnace Market - Industry Life Cycle

3.4 Nigeria Residential Furnace Market - Porter's Five Forces

3.5 Nigeria Residential Furnace Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Nigeria Residential Furnace Market Revenues & Volume Share, By AFUE, 2021 & 2031F

3.7 Nigeria Residential Furnace Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.8 Nigeria Residential Furnace Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Nigeria Residential Furnace Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Nigeria Residential Furnace Market Trends

6 Nigeria Residential Furnace Market, By Types

6.1 Nigeria Residential Furnace Market, By Type

6.1.1 Overview and Analysis

6.1.2 Nigeria Residential Furnace Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Nigeria Residential Furnace Market Revenues & Volume, By Gas Furnace, 2021- 2031F

6.1.4 Nigeria Residential Furnace Market Revenues & Volume, By Oil Furnace, 2021- 2031F

6.1.5 Nigeria Residential Furnace Market Revenues & Volume, By Others, 2021- 2031F

6.2 Nigeria Residential Furnace Market, By AFUE

6.2.1 Overview and Analysis

6.2.2 Nigeria Residential Furnace Market Revenues & Volume, By 80% to 90%, 2021- 2031F

6.2.3 Nigeria Residential Furnace Market Revenues & Volume, By 90% to 95%, 2021- 2031F

6.2.4 Nigeria Residential Furnace Market Revenues & Volume, By Above 95%, 2021- 2031F

6.3 Nigeria Residential Furnace Market, By Capacity

6.3.1 Overview and Analysis

6.3.2 Nigeria Residential Furnace Market Revenues & Volume, By 1.5, 2021- 2031F

6.3.3 Nigeria Residential Furnace Market Revenues & Volume, By 2, 2021- 2031F

6.3.4 Nigeria Residential Furnace Market Revenues & Volume, By 2.5, 2021- 2031F

6.3.5 Nigeria Residential Furnace Market Revenues & Volume, By 3, 2021- 2031F

6.3.6 Nigeria Residential Furnace Market Revenues & Volume, By 3.5, 2021- 2031F

6.3.7 Nigeria Residential Furnace Market Revenues & Volume, By 4, 2021- 2031F

6.3.8 Nigeria Residential Furnace Market Revenues & Volume, By 6, 2021- 2031F

6.3.9 Nigeria Residential Furnace Market Revenues & Volume, By 6, 2021- 2031F

6.3.10 Nigeria Residential Furnace Market Revenues & Volume, By Above 6, 2021- 2031F

6.4 Nigeria Residential Furnace Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Nigeria Residential Furnace Market Revenues & Volume, By Direct Sales, 2021- 2031F

6.4.3 Nigeria Residential Furnace Market Revenues & Volume, By Indirect Sales, 2021- 2031F

7 Nigeria Residential Furnace Market Import-Export Trade Statistics

7.1 Nigeria Residential Furnace Market Export to Major Countries

7.2 Nigeria Residential Furnace Market Imports from Major Countries

8 Nigeria Residential Furnace Market Key Performance Indicators

9 Nigeria Residential Furnace Market - Opportunity Assessment

9.1 Nigeria Residential Furnace Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Nigeria Residential Furnace Market Opportunity Assessment, By AFUE, 2021 & 2031F

9.3 Nigeria Residential Furnace Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.4 Nigeria Residential Furnace Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Nigeria Residential Furnace Market - Competitive Landscape

10.1 Nigeria Residential Furnace Market Revenue Share, By Companies, 2024

10.2 Nigeria Residential Furnace Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Nigeria Residential Furnace Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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