| Product Code: ETC306409 | 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 Nigeria specialty screwdriver import market saw a significant increase in concentration in 2024, with top exporting countries being China, USA, Germany, UK, and Japan. Despite a negative Compound Annual Growth Rate (CAGR) of -0.71% from 2020 to 2024, the market experienced a steep decline of -22.93% in growth rate from 2023 to 2024. This shift in concentration and decline in growth rate may indicate a challenging landscape for importers and manufacturers in the industry, necessitating strategic adjustments to navigate the market effectively.

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 Specialty Screwdriver Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Specialty Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Specialty Screwdriver Market - Industry Life Cycle |
3.4 Nigeria Specialty Screwdriver Market - Porter's Five Forces |
3.5 Nigeria Specialty Screwdriver Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Specialty Screwdriver Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Nigeria Specialty Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction sector leading to increased demand for specialized tools like screwdrivers |
4.2.2 Rising adoption of DIY culture among consumers |
4.2.3 Expansion of manufacturing and industrial activities in Nigeria |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from low-cost imported screwdrivers |
4.3.3 Lack of awareness about the benefits of specialty screwdrivers among consumers |
5 Nigeria Specialty Screwdriver Market Trends |
6 Nigeria Specialty Screwdriver Market, By Types |
6.1 Nigeria Specialty Screwdriver Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Specialty Screwdriver Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Specialty Screwdriver Market Revenues & Volume, By Lattice Electrical Cordless Screwdrivers, 2021 - 2031F |
6.1.4 Nigeria Specialty Screwdriver Market Revenues & Volume, By Electrical Corded Screwdrivers, 2021 - 2031F |
6.1.5 Nigeria Specialty Screwdriver Market Revenues & Volume, By Manual Screw drivers, 2021 - 2031F |
6.2 Nigeria Specialty Screwdriver Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Specialty Screwdriver Market Revenues & Volume, By Renovation Services, 2021 - 2031F |
6.2.3 Nigeria Specialty Screwdriver Market Revenues & Volume, By Electronics Repairing services, 2021 - 2031F |
6.2.4 Nigeria Specialty Screwdriver Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.5 Nigeria Specialty Screwdriver Market Revenues & Volume, By Utilities, 2021 - 2031F |
7 Nigeria Specialty Screwdriver Market Import-Export Trade Statistics |
7.1 Nigeria Specialty Screwdriver Market Export to Major Countries |
7.2 Nigeria Specialty Screwdriver Market Imports from Major Countries |
8 Nigeria Specialty Screwdriver Market Key Performance Indicators |
8.1 Number of construction projects using specialty screwdrivers |
8.2 Percentage of consumers engaging in DIY activities using specialty screwdrivers |
8.3 Growth rate of the manufacturing sector in Nigeria |
8.4 Number of workshops or training sessions conducted to educate consumers about specialty screwdrivers |
8.5 Percentage increase in the usage of specialty screwdrivers in industrial applications |
9 Nigeria Specialty Screwdriver Market - Opportunity Assessment |
9.1 Nigeria Specialty Screwdriver Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Specialty Screwdriver Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Nigeria Specialty Screwdriver Market - Competitive Landscape |
10.1 Nigeria Specialty Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Specialty Screwdriver Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |