Nigeria Shrink Films Market (2025-2031) | Analysis, Trends, Size & Revenue, Value, Industry, Growth, Forecast, Companies, Outlook, Share, Competitive Landscape, Segmentation
Market Forecast By Type (Low Barrier, Medium Barrier, High Barrier, Ultra-high Barrier), By Thickness (Up to 15 microns, 15 to 30microns, 30-50 microns, Above 50 microns), By Packaging Application (Wraps, Bags, Labels), By Material (Polyethylene, Polypropylene, PET, EVOH, PVC, PVDC, PA), By End Use (Dairy Products, Fruits & Vegetables, Bakery & Confectionary, Consumer Goods & Household, Food Service Outlets, Others) And Competitive Landscape
| Product Code: ETC8635110 | 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 |
Nigeria Shrink Films Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Despite a negative Compound Annual Growth Rate (CAGR) of -30.92% from 2020 to 2024, Nigeria`s import of shrink films continued to see a decline with a growth rate of -23.09% in 2024. The market remained highly concentrated, with the top exporting countries being China, Egypt, India, Togo, and South Africa. This concentration is evident by the high Herfindahl-Hirschman Index (HHI) in 2023, which further increased in 2024. This data suggests a challenging landscape for the shrink films market in Nigeria, with potential implications for importers and domestic manufacturers.
Key Highlights of the Report:
- Nigeria Shrink Films Market Outlook
- Market Size of Nigeria Shrink Films Market, 2024
- Forecast of Nigeria Shrink Films Market, 2031
- Historical Data and Forecast of Nigeria Shrink Films Revenues & Volume for the Period 2021- 2031
- Nigeria Shrink Films Market Trend Evolution
- Nigeria Shrink Films Market Drivers and Challenges
- Nigeria Shrink Films Price Trends
- Nigeria Shrink Films Porter's Five Forces
- Nigeria Shrink Films Industry Life Cycle
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Low Barrier for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Medium Barrier for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By High Barrier for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Ultra-high Barrier for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Thickness for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Up to 15 microns for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By 15 to 30microns for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By 30-50 microns for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Above 50 microns for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Packaging Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Wraps for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Bags for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Labels for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Material for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Polyethylene for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Polypropylene for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By PET for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By EVOH for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By PVC for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By PVDC for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By PA for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By End Use for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Dairy Products for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Fruits & Vegetables for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Bakery & Confectionary for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Consumer Goods & Household for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Food Service Outlets for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Shrink Films Market Revenues & Volume By Others for the Period 2021- 2031
- Nigeria Shrink Films Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Thickness
- Market Opportunity Assessment By Packaging Application
- Market Opportunity Assessment By Material
- Market Opportunity Assessment By End Use
- Nigeria Shrink Films Top Companies Market Share
- Nigeria Shrink Films Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Shrink Films Company Profiles
- Nigeria Shrink Films Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Shrink Films Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Shrink Films Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Shrink Films Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Shrink Films Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Shrink Films Market - Industry Life Cycle |
3.4 Nigeria Shrink Films Market - Porter's Five Forces |
3.5 Nigeria Shrink Films Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Shrink Films Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Nigeria Shrink Films Market Revenues & Volume Share, By Packaging Application, 2021 & 2031F |
3.8 Nigeria Shrink Films Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Nigeria Shrink Films Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Nigeria Shrink Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for packaged goods in Nigeria |
4.2.2 Increasing adoption of shrink packaging for product protection and branding purposes |
4.2.3 Rise in e-commerce activities leading to higher demand for shrink films |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative packaging solutions like stretch films and corrugated boxes |
5 Nigeria Shrink Films Market Trends |
6 Nigeria Shrink Films Market, By Types |
6.1 Nigeria Shrink Films Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Shrink Films Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Shrink Films Market Revenues & Volume, By Low Barrier, 2021- 2031F |
6.1.4 Nigeria Shrink Films Market Revenues & Volume, By Medium Barrier, 2021- 2031F |
6.1.5 Nigeria Shrink Films Market Revenues & Volume, By High Barrier, 2021- 2031F |
6.1.6 Nigeria Shrink Films Market Revenues & Volume, By Ultra-high Barrier, 2021- 2031F |
6.2 Nigeria Shrink Films Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Shrink Films Market Revenues & Volume, By Up to 15 microns, 2021- 2031F |
6.2.3 Nigeria Shrink Films Market Revenues & Volume, By 15 to 30microns, 2021- 2031F |
6.2.4 Nigeria Shrink Films Market Revenues & Volume, By 30-50 microns, 2021- 2031F |
6.2.5 Nigeria Shrink Films Market Revenues & Volume, By Above 50 microns, 2021- 2031F |
6.3 Nigeria Shrink Films Market, By Packaging Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Shrink Films Market Revenues & Volume, By Wraps, 2021- 2031F |
6.3.3 Nigeria Shrink Films Market Revenues & Volume, By Bags, 2021- 2031F |
6.3.4 Nigeria Shrink Films Market Revenues & Volume, By Labels, 2021- 2031F |
6.4 Nigeria Shrink Films Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Shrink Films Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.4.3 Nigeria Shrink Films Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.4.4 Nigeria Shrink Films Market Revenues & Volume, By PET, 2021- 2031F |
6.4.5 Nigeria Shrink Films Market Revenues & Volume, By EVOH, 2021- 2031F |
6.4.6 Nigeria Shrink Films Market Revenues & Volume, By PVC, 2021- 2031F |
6.4.7 Nigeria Shrink Films Market Revenues & Volume, By PVDC, 2021- 2031F |
6.5 Nigeria Shrink Films Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Shrink Films Market Revenues & Volume, By Dairy Products, 2021- 2031F |
6.5.3 Nigeria Shrink Films Market Revenues & Volume, By Fruits & Vegetables, 2021- 2031F |
6.5.4 Nigeria Shrink Films Market Revenues & Volume, By Bakery & Confectionary, 2021- 2031F |
6.5.5 Nigeria Shrink Films Market Revenues & Volume, By Consumer Goods & Household, 2021- 2031F |
6.5.6 Nigeria Shrink Films Market Revenues & Volume, By Food Service Outlets, 2021- 2031F |
6.5.7 Nigeria Shrink Films Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Shrink Films Market Import-Export Trade Statistics |
7.1 Nigeria Shrink Films Market Export to Major Countries |
7.2 Nigeria Shrink Films Market Imports from Major Countries |
8 Nigeria Shrink Films Market Key Performance Indicators |
8.1 Percentage increase in the adoption of shrink packaging by industries in Nigeria |
8.2 Average order size of shrink films by e-commerce companies |
8.3 Percentage growth in the manufacturing sector utilizing shrink films for packaging |
9 Nigeria Shrink Films Market - Opportunity Assessment |
9.1 Nigeria Shrink Films Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Shrink Films Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Nigeria Shrink Films Market Opportunity Assessment, By Packaging Application, 2021 & 2031F |
9.4 Nigeria Shrink Films Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Nigeria Shrink Films Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Nigeria Shrink Films Market - Competitive Landscape |
10.1 Nigeria Shrink Films Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Shrink Films Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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