| Product Code: ETC8635902 | 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 |
The spectacle lens import market in Nigeria continues to show strong growth, with key exporting countries such as UAE, China, India, UK, and USA leading the way in 2024. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration, reflecting the dominance of these top exporting nations. The impressive Compound Annual Growth Rate (CAGR) of 4.58% from 2020 to 2024 highlights sustained expansion in the market. Furthermore, the remarkable growth rate of 166.15% from 2023 to 2024 signals a rapid acceleration in demand for spectacle lenses in Nigeria.

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 Spectacle Lens Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Spectacle Lens Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Spectacle Lens Market - Industry Life Cycle |
3.4 Nigeria Spectacle Lens Market - Porter's Five Forces |
3.5 Nigeria Spectacle Lens Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Spectacle Lens Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.7 Nigeria Spectacle Lens Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 Nigeria Spectacle Lens Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in the prevalence of eye disorders and vision-related issues in Nigeria. |
4.2.2 Growth in the aging population leading to higher demand for corrective lenses. |
4.2.3 Improving healthcare infrastructure and awareness about eye health in the country. |
4.3 Market Restraints |
4.3.1 High costs associated with quality spectacle lenses may limit adoption rates. |
4.3.2 Lack of access to eye care services in rural areas could hinder market growth. |
4.3.3 Presence of counterfeit or low-quality spectacle lenses impacting consumer trust and safety. |
5 Nigeria Spectacle Lens Market Trends |
6 Nigeria Spectacle Lens Market, By Types |
6.1 Nigeria Spectacle Lens Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Spectacle Lens Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Spectacle Lens Market Revenues & Volume, By Single Vision, 2021- 2031F |
6.1.4 Nigeria Spectacle Lens Market Revenues & Volume, By Bifocal, 2021- 2031F |
6.1.5 Nigeria Spectacle Lens Market Revenues & Volume, By Trifocal, 2021- 2031F |
6.1.6 Nigeria Spectacle Lens Market Revenues & Volume, By Progressive, 2021- 2031F |
6.2 Nigeria Spectacle Lens Market, By Coating Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Spectacle Lens Market Revenues & Volume, By Anti-reflective Coating, 2021- 2031F |
6.2.3 Nigeria Spectacle Lens Market Revenues & Volume, By Scratch-Resistant Coating, 2021- 2031F |
6.2.4 Nigeria Spectacle Lens Market Revenues & Volume, By Anti-Fog Coating, 2021- 2031F |
6.2.5 Nigeria Spectacle Lens Market Revenues & Volume, By UV Protection, 2021- 2031F |
6.2.6 Nigeria Spectacle Lens Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Nigeria Spectacle Lens Market, By Usage |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Spectacle Lens Market Revenues & Volume, By Prescription Glass, 2021- 2031F |
6.3.3 Nigeria Spectacle Lens Market Revenues & Volume, By OTC Reading Glass, 2021- 2031F |
7 Nigeria Spectacle Lens Market Import-Export Trade Statistics |
7.1 Nigeria Spectacle Lens Market Export to Major Countries |
7.2 Nigeria Spectacle Lens Market Imports from Major Countries |
8 Nigeria Spectacle Lens Market Key Performance Indicators |
8.1 Average number of eye exams conducted per capita in Nigeria. |
8.2 Adoption rate of advanced spectacle lens technologies in the market. |
8.3 Percentage increase in the number of optometry clinics offering specialized lens services. |
8.4 Average waiting time for obtaining prescription spectacle lenses in urban and rural areas. |
8.5 Percentage of the population using vision insurance for purchasing spectacle lenses. |
9 Nigeria Spectacle Lens Market - Opportunity Assessment |
9.1 Nigeria Spectacle Lens Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Spectacle Lens Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.3 Nigeria Spectacle Lens Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 Nigeria Spectacle Lens Market - Competitive Landscape |
10.1 Nigeria Spectacle Lens Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Spectacle Lens Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |