| Product Code: ETC8637838 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see significant imports of vented stretch wrap, with top exporters being China, Egypt, India, Togo, and South Africa. The market concentration, as measured by the HHI, remained high from 2023 to 2024. Despite a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -30.92%, there was a slight improvement in the growth rate from 2023 to 2024 at -23.09%. The presence of key exporting countries suggests a competitive market landscape for vented stretch wrap 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 Vented Stretch Wrap Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vented Stretch Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vented Stretch Wrap Market - Industry Life Cycle |
3.4 Nigeria Vented Stretch Wrap Market - Porter's Five Forces |
3.5 Nigeria Vented Stretch Wrap Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Vented Stretch Wrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Vented Stretch Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and cost-effective packaging solutions in the logistics and transportation sector. |
4.2.2 Growing awareness about the benefits of vented stretch wrap in preserving the freshness of perishable goods during transit. |
4.2.3 Expansion of the retail sector in Nigeria leading to higher adoption of vented stretch wrap for packaging fruits and vegetables. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of vented stretch wrap. |
4.3.2 Lack of standardized regulations and quality control measures in the packaging industry in Nigeria. |
4.3.3 Limited availability of advanced technology and machinery for manufacturing high-quality vented stretch wrap. |
5 Nigeria Vented Stretch Wrap Market Trends |
6 Nigeria Vented Stretch Wrap Market, By Types |
6.1 Nigeria Vented Stretch Wrap Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Polyurethane Material, 2021- 2031F |
6.1.4 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Polyethylene Material, 2021- 2031F |
6.1.5 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Linear Low Density Polyethylene Material, 2021- 2031F |
6.2 Nigeria Vented Stretch Wrap Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Dairy Products, 2021- 2031F |
6.2.3 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Fresh Meat, 2021- 2031F |
6.2.4 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Fruits & Vegetables, 2021- 2031F |
6.2.5 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Agricultural Produce, 2021- 2031F |
6.2.6 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Horticultural Produce, 2021- 2031F |
6.2.7 Nigeria Vented Stretch Wrap Market Revenues & Volume, By Processed Foods, 2021- 2031F |
7 Nigeria Vented Stretch Wrap Market Import-Export Trade Statistics |
7.1 Nigeria Vented Stretch Wrap Market Export to Major Countries |
7.2 Nigeria Vented Stretch Wrap Market Imports from Major Countries |
8 Nigeria Vented Stretch Wrap Market Key Performance Indicators |
8.1 Percentage increase in the adoption of vented stretch wrap by the agriculture and food processing industries. |
8.2 Average reduction in spoilage rates of perishable goods attributed to the use of vented stretch wrap. |
8.3 Number of new entrants or expansions in the vented stretch wrap manufacturing sector in Nigeria. |
8.4 Improvement in overall supply chain efficiency due to the implementation of vented stretch wrap. |
9 Nigeria Vented Stretch Wrap Market - Opportunity Assessment |
9.1 Nigeria Vented Stretch Wrap Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Vented Stretch Wrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Vented Stretch Wrap Market - Competitive Landscape |
10.1 Nigeria Vented Stretch Wrap Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vented Stretch Wrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |