Market Forecast By Rack Types (Metal Racks, Wooden Racks, Others), By Applications (Department Stores, Grocery Stores, Hypermarkets And Supermarkets, Pharmacy Outlets, Wine And Liquor Outlets & Others) And Competitive Landscape
Product Code: ETC002574 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria display racks market is likely to register significant growth over the coming years principally due to increasing investment in the e-commerce industry and rapid industrialization. Additionally, growing urbanization along with an increasing the number of shopping malls, supermarkets and hypermarkets in the country is also supporting the growth of display racks in Nigeria. Further, increasing consumer spending in the retail sector along with rapid urbanization and expansion of retail outlets in new regions would further boost the demand for display racks market in Nigeria.
According to 6Wresearch, Nigeria Display Racks Market size is expected to register significant growth during 2020-2026. Rising purchasing power and growing per capita consumption of consumers, availability of a large number of brands, growing population, rising adoption of new product promotional strategies by companies as well as increasing competition are some of the key growth drivers of the Nigeria display racks market. However, the growth of display racks in Nigeria is anticipated to witness a slow down during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover gradually over the next few years in Nigeria.
In terms of rack types, the display racks market in Nigeria is categorized into wooden, metal and other materials. Currently, display racks with the lightweight material composition are registering immense demand in the country. Whereas, hypermarkets and supermarkets category are leading the overall display racks market in Nigeria. Further, the pharmacy outlets are also recording significant growth in revenues due to the spread of the Covid-19 pandemic which has resulted in increased sales of medicines, diagnostics kits, and other testing devices by hospitals in the country.
The Nigeria display racks market report comprehensively covers the market by rack types, by applications and by regions. The Nigeria display racks market outlook report provides an unbiased and detailed analysis of the Nigeria display racks market trends, Nigeria display racks market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Nigeria display racks market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Nigeria Display Racks Market Overview |
3.1 Nigeria Display Racks Market Revenues and Volume, 2016-2026F |
3.2 Nigeria Display Racks Market Revenue Share, By Types, 2019 & 2026F |
3.3 Nigeria Display Racks Market Revenue Share, By Applications, 2019 & 2026F |
3.4 Nigeria Display Racks Market - Industry Life Cycle |
3.5 Nigeria Display Racks Market - Porter’s Five Forces |
4. Nigeria Display Racks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Nigeria Display Racks Market Trends |
6. Nigeria Display Racks Market Overview, By Type |
6.1 Nigeria Display Racks Market Revenues and Volume, By Metal Racks, 2016-2026F |
6.2 Nigeria Display Racks Market Revenues and Volume, By Wodden Racks, 2016-2026F |
6.3 Nigeria Display Racks Market Revenues and Volume, By Other Materials, 2016-2026F |
7. Nigeria Display Racks Market Overview, By Applications |
7.1 Nigeria Display Racks Market Revenue and Volumes, By Department Stores, 2016-2026F |
7.2 Nigeria Display Racks Market Revenue and Volumes, By Grocery Stores, 2016-2026F |
7.3 Nigeria Display Racks Market Revenue and Volumes, By Hypermarkets and Supermarkets, 2016-2026F |
7.4 Nigeria Display Racks Market Revenue and Volumes, By Pharmacy Outlets, 2016-2026F |
7.5 Nigeria Display Racks Market Revenue and Volumes, By Wine and Liquor, Outlets, 2016-2026F |
7.6 Nigeria Display Racks Market Revenue and Volumes, By Others, 2016-2026F |
8. Nigeria Display Racks Market Key Performance Indicators |
9. Nigeria Display Racks Market Opportunity Assessment |
9.1 Nigeria Display Racks Market Opportunity Assessment, By Types, 2026F |
9.2 Nigeria Display Racks Market Opportunity Assessment, By Applications, 2026F |
10. Nigeria Display Racks Market Competitive Landscape |
10.1 Nigeria Display Racks Market By Companies, 2019 |
10.2 Nigeria Display Racks Market Competitive Benchmarking, By Operating Parameters, 2019 |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |