Apparel and footwear in 2024: The big picture
The weak Nigerian economy heavily impacted sales performance in apparel and footwear over 2024. High inflation constrained consumer purchasing power, whilst the strong depreciation of the local currency led to high price increases for all apparel and footwear products.
2024 key trends
Premium apparel and footwear performed relatively better than mass apparel and footwear in 2024, despite the challenging economic conditions. In categories such as jeans, super-premium and premium lines outperformed economy brands in value terms.
Competitive landscape
The apparel and footwear competitive landscape is highly fragmented in Nigeria. Well-known sportswear brands such as adidas, Puma, and Nike continue to lead, as these have benefited from brand recognition due to advertising during sporting events.
Retailing developments
The e-commerce retailing channel for apparel and footwear in Nigeria continued to grow value share in 2024, having gained traction over the review period. E-commerce has grown in popularity as it offers logistical advantages to the numerous small, independent apparel and footwear specialist retailers in Nigeria who utilise third party platforms to widen their consumer reach, and which complement their store retailing.
What next for apparel and footwear?
Over the forecast period, apparel and footwear in Nigeria is expected to grow well in both volume and value terms. Lower inflation and price stability will help to boost demand after years of strong price hikes.
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Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Childrenswear
- Apparel and Accessories
- Menswear
- Womenswear
- Jeans
- Hosiery
- Footwear
- Sportswear
If you're in the Apparel and Footwear industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel and Footwear in Nigeria report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel and Footwear in Nigeria?
- Which are the leading brands in Nigeria?
- How are products distributed in Nigeria?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Apparel and Footwear in Nigeria?
- Where is future growth expected to be most dynamic?
Apparel and Footwear in Nigeria
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
Childrenswear in Nigeria
KEY DATA FINDINGS
Inflationary conditions lead to weak volume sales as consumers cut back
Baby and toddler wear proves resilient in economic downturn
Local brands are competing well at the premium end as mass retailers struggle
Economic recovery to boost demand for childrenswear
The growing children’s population will expand the consumer base
Baby and toddler wear to perform well
Apparel Accessories in Nigeria
KEY DATA FINDINGS
Apparel accessories struggles as inflation rises further
Belts, scarves, and other apparel accessories lead in performance
Strong informal market offers competition to branded products in a fragmented landscape
Economic growth to boost demand for apparel accessories
Rising formal employment will drive demand for accessories that complement professional attire
Growing young female population will boost demand for scarves and other apparel accessories
Menswear in Nigeria
KEY DATA FINDINGS
Poor economic conditions leads to deeper volume decline in menswear
Formal wear impacted by rising unemployment and lower disposable incomes
Premium categories outperform mass categories in value terms
Economic recovery to boost demand for menswear
Rising employment creates higher need for formal wear and supports desire for casual wear
Social and online media will boost interest from the growing young population
Womenswear in Nigeria
KEY DATA FINDINGS
Womenswear is impacted by inflationary conditions
Casual wear trend drives performance of traditional/ethnic wear and other casual clothing
Use of technology/AI and social commerce is growing
Economic recovery to drive positive growth over the forecast period
Rising female employment and incomes to boost demand
Traditional/ethnic clothing to perform well as modern ethnic styles appeal to women
Jeans in Nigeria
KEY DATA FINDINGS
Jeans face steep decline in volume sales
Premium jeans outperform economy lines
Highly fragmented competitive landscape persists
Economic recovery to drive good recovery in volume sales
Premium and super premium jeans to witness robust performance
Economy jeans will also grow well as choice expands
Hosiery in Nigeria
KEY DATA FINDINGS
Hosiery consumption falls amid inflationary crisis
Non-sheer hosiery is the stronger segment
Heavy fragmentation persists in the competitive landscape
Economic recovery to boost demand for hosiery
Fitness and exercise activities will fuel stronger demand
Growth in formal retailers to help limit competition from informal trade
Footwear in Nigeria
KEY DATA FINDINGS
Footwear volume sales decline amid weak economic conditions
Children’s footwear is fuelled by population growth
Rising competition from global brands Havaianas and Crocs
Economic recovery to boost footwear performance
Rising employment will expand demand among women and young audiences
Local brands are expected to widen presence and offer sustainable choices
Sportswear in Nigeria
KEY DATA FINDINGS
Sportswear proves fairly resilient in economic downturn
Sports-inspired products benefit from the casual wear trend
Incumbent brands face intense competition in sportswear
Economic recovery likely to aid growth in sportswear
Increasing participation in fitness activities likely to benefit sportswear
Changing consumer preferences to boost demand for casual wear
The following categories and subcategories are included:
Apparel and Footwear
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- Baby and Toddler Wear
- Boys' Apparel
- Girls' Apparel
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- Belts
- Gloves
- Hats/Caps
- Scarves
- Ties
- Other Apparel Accessories
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- Men's Nightwear
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- Economy Men's Jeans
- Standard Men's Jeans
- Premium Men's Jeans
- Super Premium Men's Jeans
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- Men's Jackets and Coats
- Men's Jumpers
- Men's Shirts
- Men's Shorts and Trousers
- Men's Suits
- Men's Tops
- Other Men's Outerwear
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- Men's Swimwear
- Men's Underwear
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- Women's Nightwear
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- Economy Women's Jeans
- Standard Women's Jeans
- Premium Women's Jeans
- Super Premium Women's Jeans
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- Women's Dresses
- Women's Jackets and Coats
- Women's Jumpers
- Women's Leggings
- Women's Shirts and Blouses
- Women's Shorts and Trousers
- Women's Skirts
- Women's Suits
- Women's Tops
- Other Women's Outerwear
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- Women's Swimwear
- Women's Underwear
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-
- Nightwear
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- Economy Jeans
- Standard Jeans
- Premium Jeans
- Super Premium Jeans
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- Dresses
- Jackets and Coats
- Jumpers
- Leggings
- Shirts and Blouses
- Shorts and Trousers
- Skirts
- Suits
- Tops
- Other Outerwear
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- Swimwear
- Underwear
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- Sheer Hosiery
- Non-Sheer Hosiery
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- Children's Footwear
- Men's Footwear
- Women's Footwear
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- Performance Apparel
- Outdoor Apparel
- Sports-inspired Apparel
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- Performance Footwear
- Outdoor Footwear
- Sports-inspired Footwear
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Apparel and Footwear
Apparel is the aggregation of clothing and footwear. This dataset covers retail sales of apparel through both store-based retailers and non-store retailers. Excludes black market sales (i.e. untaxed, generated within informal retailing)and duty free sales (travel retail). Items must be new when sold to the consumer; second-hand/used items are excluded. Antique and/or vintage clothing and footwear is also excluded.
See all of our definitionsWhy buy this report?
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- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel and Footwear research and analysis database.
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