| Product Code: ETC8638280 | 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 Nigeria water-based ink import market in 2024 saw significant contributions from top exporting countries like Indonesia, India, UK, Turkey, and China. Despite a negative CAGR of -20.33% from 2020 to 2024, the market maintained a moderate concentration with the Herfindahl-Hirschman Index (HHI). However, there was a slight decline in growth rate from 2023 to 2024 at -13.18%. This indicates a challenging environment for water-based ink imports into Nigeria, highlighting the need for strategic planning and market adaptation for stakeholders in the industry.

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 Water-Based Ink Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Water-Based Ink Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Water-Based Ink Market - Industry Life Cycle |
3.4 Nigeria Water-Based Ink Market - Porter's Five Forces |
3.5 Nigeria Water-Based Ink Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Water-Based Ink Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Water-Based Ink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability leading to a shift towards eco-friendly water-based inks |
4.2.2 Growth in the packaging industry driving the demand for water-based inks for printing applications |
4.2.3 Government regulations promoting the use of water-based inks to reduce harmful emissions |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for water-based inks affecting production and supply |
4.3.2 Higher initial costs compared to solvent-based inks may deter some potential customers |
5 Nigeria Water-Based Ink Market Trends |
6 Nigeria Water-Based Ink Market, By Types |
6.1 Nigeria Water-Based Ink Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Water-Based Ink Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Water-Based Ink Market Revenues & Volume, By Acrylic Resin, 2021- 2031F |
6.1.4 Nigeria Water-Based Ink Market Revenues & Volume, By Polyester Resin, 2021- 2031F |
6.1.5 Nigeria Water-Based Ink Market Revenues & Volume, By Maleic Resin, 2021- 2031F |
6.1.6 Nigeria Water-Based Ink Market Revenues & Volume, By Others Resin, 2021- 2031F |
6.2 Nigeria Water-Based Ink Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Water-Based Ink Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Nigeria Water-Based Ink Market Revenues & Volume, By Publication, 2021- 2031F |
6.2.4 Nigeria Water-Based Ink Market Revenues & Volume, By Flyers & Brochures, 2021- 2031F |
6.2.5 Nigeria Water-Based Ink Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Water-Based Ink Market Import-Export Trade Statistics |
7.1 Nigeria Water-Based Ink Market Export to Major Countries |
7.2 Nigeria Water-Based Ink Market Imports from Major Countries |
8 Nigeria Water-Based Ink Market Key Performance Indicators |
8.1 Percentage of companies adopting water-based inks in their printing processes |
8.2 Investment in research and development for water-based ink formulations |
8.3 Number of government policies or regulations promoting the use of eco-friendly inks |
9 Nigeria Water-Based Ink Market - Opportunity Assessment |
9.1 Nigeria Water-Based Ink Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Water-Based Ink Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Water-Based Ink Market - Competitive Landscape |
10.1 Nigeria Water-Based Ink Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Water-Based Ink Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |