PROSPECTS AND OPPORTUNITIES
Moderate growth to be driven by urbanisation and women entering the workforce
The recovery of Nigeria’s economy and currency stability should provide solid ground for the development of large cooking appliances in the upcoming period. Retail volume sales are anticipated to grow moderately over the forecast period supported as consumer purchasing power rebounds.
Retail e-commerce to boost sales and growth moving forward
The e-commerce channel is anticipated to boost sales of large cooking appliances over the forecast period. The option to buy online helps consumers to compare prices and make a more informed decision on the best large cooking appliances to suit their needs.
Home ownership and technological advancements will drive category sales
Rising home ownership in urban areas is anticipated to drive greater consumer interest in large cooking appliances. As the urban population seeks new homes, demand for these appliances is expected to rise.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances 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.
If you're in the Large Cooking Appliances 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 Large Cooking Appliances 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 Large Cooking Appliances in Nigeria?
- Which are the leading brands in Nigeria?
- How are products distributed in Nigeria?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Large Cooking Appliances in Nigeria - Category analysis
KEY DATA FINDINGS
Inflationary pressures hinder the growth of large cooking appliances
Scanfrost leads in large cooking appliances
Freestanding hobs are preferred option as consumers seek affordable options
Moderate growth to be driven by urbanisation and women entering the workforce
Retail e-commerce to boost sales and growth moving forward
Home ownership and technological advancements will drive category sales
Consumer Appliances in Nigeria - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Large Cooking Appliances
- Built-in Large Cooking Appliances
- Freestanding Large Cooking Appliances
- Built-in Hobs
- Ovens
-
- Built-in Cooker Hoods
- Freestanding Cooker Hoods
- Cookers
- Range Cookers
Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Large Cooking Appliances research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!