| Product Code: ETC8638548 | 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 |
Despite a decline in growth rate in 2024, Nigeria continues to rely heavily on imports of winter tires from top exporters such as China, India, South Korea, USA, and Indonesia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests a challenging market environment, while the further decline in growth rate from 2023 to 2024 highlights potential obstacles in the Nigerian winter tires import market.

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 Winter Tires Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Winter Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Winter Tires Market - Industry Life Cycle |
3.4 Nigeria Winter Tires Market - Porter's Five Forces |
3.5 Nigeria Winter Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Winter Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Nigeria Winter Tires Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Winter Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of using winter tires in Nigeria |
4.2.2 Growth in the automotive industry in Nigeria |
4.2.3 Government regulations mandating the use of winter tires in certain regions |
4.3 Market Restraints |
4.3.1 High cost of winter tires compared to regular tires |
4.3.2 Limited availability and variety of winter tires in the Nigerian market |
4.3.3 Lack of proper infrastructure for distribution and installation of winter tires |
5 Nigeria Winter Tires Market Trends |
6 Nigeria Winter Tires Market, By Types |
6.1 Nigeria Winter Tires Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Winter Tires Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Winter Tires Market Revenues & Volume, By Studded, 2021- 2031F |
6.1.4 Nigeria Winter Tires Market Revenues & Volume, By Studless, 2021- 2031F |
6.2 Nigeria Winter Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Winter Tires Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Nigeria Winter Tires Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.3 Nigeria Winter Tires Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Winter Tires Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Nigeria Winter Tires Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Nigeria Winter Tires Market Import-Export Trade Statistics |
7.1 Nigeria Winter Tires Market Export to Major Countries |
7.2 Nigeria Winter Tires Market Imports from Major Countries |
8 Nigeria Winter Tires Market Key Performance Indicators |
8.1 Percentage increase in the number of winter tire retailers in Nigeria |
8.2 Number of road accidents during winter months compared to non-winter months |
8.3 Percentage of vehicles equipped with winter tires in high-altitude regions |
9 Nigeria Winter Tires Market - Opportunity Assessment |
9.1 Nigeria Winter Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Winter Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Nigeria Winter Tires Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Winter Tires Market - Competitive Landscape |
10.1 Nigeria Winter Tires Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Winter Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |