| Product Code: ETC8637158 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of topical corticosteroids to Nigeria in 2024 continued to be dominated by countries like Netherlands, India, Turkey, Belgium, and Bangladesh. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high level of concentration among the top exporting countries. Despite the high concentration, the compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -53.81%, with a further decline in growth rate from 2023 to 2024 at -16.9%. This data suggests a challenging market environment for topical corticosteroid imports 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 Topical Corticosteroids Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Topical Corticosteroids Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Topical Corticosteroids Market - Industry Life Cycle |
3.4 Nigeria Topical Corticosteroids Market - Porter's Five Forces |
3.5 Nigeria Topical Corticosteroids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Topical Corticosteroids Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Topical Corticosteroids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of skin disorders and conditions in Nigeria |
4.2.2 Growing awareness about the effectiveness of topical corticosteroids for skin treatments |
4.2.3 Rising disposable income and healthcare expenditure in the country |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of corticosteroids in skincare products |
4.3.2 Concerns about the side effects and long-term use of corticosteroids among consumers |
5 Nigeria Topical Corticosteroids Market Trends |
6 Nigeria Topical Corticosteroids Market, By Types |
6.1 Nigeria Topical Corticosteroids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Topical Corticosteroids Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Topical Corticosteroids Market Revenues & Volume, By Prescription, 2021- 2031F |
6.1.4 Nigeria Topical Corticosteroids Market Revenues & Volume, By OTC, 2021- 2031F |
6.2 Nigeria Topical Corticosteroids Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Topical Corticosteroids Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Nigeria Topical Corticosteroids Market Revenues & Volume, By Dermatology clinics, 2021- 2031F |
6.2.4 Nigeria Topical Corticosteroids Market Revenues & Volume, By Pharmacies, 2021- 2031F |
6.2.5 Nigeria Topical Corticosteroids Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Topical Corticosteroids Market Import-Export Trade Statistics |
7.1 Nigeria Topical Corticosteroids Market Export to Major Countries |
7.2 Nigeria Topical Corticosteroids Market Imports from Major Countries |
8 Nigeria Topical Corticosteroids Market Key Performance Indicators |
8.1 Number of dermatologist prescriptions for topical corticosteroids |
8.2 Patient adherence and compliance rates with prescribed corticosteroid treatments |
8.3 Number of new product launches and innovations in the topical corticosteroids market |
9 Nigeria Topical Corticosteroids Market - Opportunity Assessment |
9.1 Nigeria Topical Corticosteroids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Topical Corticosteroids Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Topical Corticosteroids Market - Competitive Landscape |
10.1 Nigeria Topical Corticosteroids Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Topical Corticosteroids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |