Apparel Retail in Nigeria

Apparel Retail in Nigeria


  • Products Id :- OHMF5389
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  • Pages: 36
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Executive Summary

Apparel Retail in Nigeria

Summary

Apparel Retail in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the Nigeria apparel retail market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing.

- The Nigerian apparel retail industry had total revenues of USD 5.5bn in 2017, representing a compound annual growth rate (CAGR) of 6.4% between 2013 and 2017.

- The childrenswear segment was the industry's most lucrative in 2017, with total revenues of USD 2.7bn, equivalent to 48.7% of the industry's overall value.

- The young adult population in Nigeria shows a preference for fast fashion companies. Consumers demand high quality items at low prices, due to their relatively low disposable income and so companies such as Mr Price have experienced strong sales.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Nigeria

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Nigeria

- Leading company profiles reveal details of key apparel retail market players' global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria apparel retail market with five year forecasts

Reasons to buy

- What was the size of the Nigeria apparel retail market by value in 2017?

- What will be the size of the Nigeria apparel retail market in 2022?

- What factors are affecting the strength of competition in the Nigeria apparel retail market?

- How has the market performed over the last five years?

- What are the main segments that make up Nigeria's apparel retail market?



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Table of Contents

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 9

Market value 9

Market Segmentation 10

Category segmentation 10

Geography segmentation 11

Market distribution 12

Market Outlook 13

Market value forecast 13

Five Forces Analysis 14

Summary 14

Buyer power 15

Supplier power 17

New entrants 19

Threat of substitutes 22

Degree of rivalry 23

Leading Companies 25

Fashpa 25

Jumia 26

Mr. Price Group Ltd. 27

Ruff 'n' Tumble 30

Macroeconomic Indicators 31

Country data 31

Methodology 33

Industry associations 34

Related MarketLine research 34

Appendix 35

About MarketLine 35

List of Tables

Table 1: Nigeria apparel retail industry value: USD million, 2013-17

Table 2: Nigeria apparel retail industry category segmentation: USD million, 2017

Table 3: Nigeria apparel retail industry geography segmentation: USD million, 2017

Table 4: Nigeria apparel retail industry distribution: % share, by value, 2017

Table 5: Nigeria apparel retail industry value forecast: USD million, 2017-22

Table 6: Fashpa: key facts

Table 7: Jumia: key facts

Table 8: Mr. Price Group Ltd.: key facts

Table 9: Mr. Price Group Ltd.: key financials (USD )

Table 10: Mr. Price Group Ltd.: key financials (ZAR)

Table 11: Mr. Price Group Ltd.: key financial ratios

Table 12: Ruff 'n' Tumble: key facts

Table 13: Nigeria size of population (million), 2013-17

Table 14: Nigeria gdp (constant 2005 prices, USD billion), 2013-17

Table 15: Nigeria gdp (current prices, USD billion), 2013-17

Table 16: Nigeria inflation, 2013-17

Table 17: Nigeria consumer price index (absolute), 2013-17

Table 18: Nigeria exchange rate, 2013-17

List of Figures

Figure 1: Nigeria apparel retail industry value: USD million, 2013-17

Figure 2: Nigeria apparel retail industry category segmentation: % share, by value, 2017

Figure 3: Nigeria apparel retail industry geography segmentation: % share, by value, 2017

Figure 4: Nigeria apparel retail industry distribution: % share, by value, 2017

Figure 5: Nigeria apparel retail industry value forecast: USD million, 2017-22

Figure 6: Forces driving competition in the apparel retail industry in Nigeria, 2017

Figure 7: Drivers of buyer power in the apparel retail industry in Nigeria, 2017

Figure 8: Drivers of supplier power in the apparel retail industry in Nigeria, 2017

Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Nigeria, 2017

Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Nigeria, 2017

Figure 11: Drivers of degree of rivalry in the apparel retail industry in Nigeria, 2017

Figure 12: Mr. Price Group Ltd.: revenues & profitability

Figure 13: Mr. Price Group Ltd.: assets & liabilities

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Fashpa

Jumia

Mr. Price Group Ltd.

Ruff 'n' Tumble

Apparel Retail, MarketLine, Nigeria

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