Nigeria Plastic Strapping Materials Market (2025-2031) | Size & Revenue, Trends, Segmentation, Industry, Outlook, Share, Competitive Landscape, Analysis, Growth, Forecast, Companies, Value

Name: Nigeria Plastic Strapping Materials Market (2025-2031) | Size & Revenue
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Material (Polyester, Composite, Polypropylene), By Application (Corrugated Boxes, Heavy Loads, Skids & Pallets, Others), By End Use (Consumer Electronics, Building & Construction, Food & Beverage, Automotive, Textile, Transportation & Logistics, Chemicals & Fertilizers, Other Industrial) And Competitive Landscape

Product Code: ETC8632693	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Nigeria Plastic Strapping Materials Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The plastic strapping materials import shipments to Nigeria in 2024 continued to be dominated by top exporting countries such as Germany, Saudi Arabia, India, Thailand, and Indonesia. The market saw a significant increase in concentration levels, with the Herfindahl-Hirschman Index (HHI) indicating very high concentration. However, the industry experienced a notable decline in both the compound annual growth rate (CAGR) from 2020 to 2024 at -25.77% and the growth rate from 2023 to 2024 at -21.85%. This trend suggests a challenging environment for the plastic strapping materials market in Nigeria.

Nigeria Plastic Strapping Materials Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Nigeria Plastic Strapping Materials Market Outlook
Market Size of Nigeria Plastic Strapping Materials Market, 2024
Forecast of Nigeria Plastic Strapping Materials Market, 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Revenues & Volume for the Period 2021- 2031
Nigeria Plastic Strapping Materials Market Trend Evolution
Nigeria Plastic Strapping Materials Market Drivers and Challenges
Nigeria Plastic Strapping Materials Price Trends
Nigeria Plastic Strapping Materials Porter's Five Forces
Nigeria Plastic Strapping Materials Industry Life Cycle
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Material for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Polyester for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Composite for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Polypropylene for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Corrugated Boxes for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Heavy Loads for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Skids & Pallets for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By End Use for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Consumer Electronics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Building & Construction for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Food & Beverage for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Automotive for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Textile for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Transportation & Logistics for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Chemicals & Fertilizers for the Period 2021- 2031
Historical Data and Forecast of Nigeria Plastic Strapping Materials Market Revenues & Volume By Other Industrial for the Period 2021- 2031
Nigeria Plastic Strapping Materials Import Export Trade Statistics
Market Opportunity Assessment By Material
Market Opportunity Assessment By Application
Market Opportunity Assessment By End Use
Nigeria Plastic Strapping Materials Top Companies Market Share
Nigeria Plastic Strapping Materials Competitive Benchmarking By Technical and Operational Parameters
Nigeria Plastic Strapping Materials Company Profiles
Nigeria Plastic Strapping Materials Key Strategic Recommendations

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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 Plastic Strapping Materials Market Overview

3.1 Nigeria Country Macro Economic Indicators

3.2 Nigeria Plastic Strapping Materials Market Revenues & Volume, 2021 & 2031F

3.3 Nigeria Plastic Strapping Materials Market - Industry Life Cycle

3.4 Nigeria Plastic Strapping Materials Market - Porter's Five Forces

3.5 Nigeria Plastic Strapping Materials Market Revenues & Volume Share, By Material, 2021 & 2031F

3.6 Nigeria Plastic Strapping Materials Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Nigeria Plastic Strapping Materials Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Nigeria Plastic Strapping Materials Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for secure packaging solutions in various industries

4.2.2 Growth of the manufacturing sector in Nigeria leading to higher demand for plastic strapping materials

4.2.3 Technological advancements in plastic strapping materials leading to improved strength and durability

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting the cost of production

4.3.2 Competition from alternative packaging materials like metal strapping or paper-based strapping

5 Nigeria Plastic Strapping Materials Market Trends

6 Nigeria Plastic Strapping Materials Market, By Types

6.1 Nigeria Plastic Strapping Materials Market, By Material

6.1.1 Overview and Analysis

6.1.2 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Material, 2021- 2031F

6.1.3 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Polyester, 2021- 2031F

6.1.4 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Composite, 2021- 2031F

6.1.5 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Polypropylene, 2021- 2031F

6.2 Nigeria Plastic Strapping Materials Market, By Application

6.2.1 Overview and Analysis

6.2.2 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Corrugated Boxes, 2021- 2031F

6.2.3 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Heavy Loads, 2021- 2031F

6.2.4 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Skids & Pallets, 2021- 2031F

6.2.5 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Others, 2021- 2031F

6.3 Nigeria Plastic Strapping Materials Market, By End Use

6.3.1 Overview and Analysis

6.3.2 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Consumer Electronics, 2021- 2031F

6.3.3 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Building & Construction, 2021- 2031F

6.3.4 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Food & Beverage, 2021- 2031F

6.3.5 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Automotive, 2021- 2031F

6.3.6 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Textile, 2021- 2031F

6.3.7 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Transportation & Logistics, 2021- 2031F

6.3.8 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Other Industrial, 2021- 2031F

6.3.9 Nigeria Plastic Strapping Materials Market Revenues & Volume, By Other Industrial, 2021- 2031F

7 Nigeria Plastic Strapping Materials Market Import-Export Trade Statistics

7.1 Nigeria Plastic Strapping Materials Market Export to Major Countries

7.2 Nigeria Plastic Strapping Materials Market Imports from Major Countries

8 Nigeria Plastic Strapping Materials Market Key Performance Indicators

8.1 Average order size per customer

8.2 Percentage of repeat customers

8.3 Inventory turnover rate

8.4 Percentage of market penetration through geographic expansion

8.5 Customer satisfaction index

9 Nigeria Plastic Strapping Materials Market - Opportunity Assessment

9.1 Nigeria Plastic Strapping Materials Market Opportunity Assessment, By Material, 2021 & 2031F

9.2 Nigeria Plastic Strapping Materials Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Nigeria Plastic Strapping Materials Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Nigeria Plastic Strapping Materials Market - Competitive Landscape

10.1 Nigeria Plastic Strapping Materials Market Revenue Share, By Companies, 2024

10.2 Nigeria Plastic Strapping Materials Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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