NIGERIA SPORTSWEAR MARKET

INTRODUCTION

The value of sportswear in Nigeria has improved significantly.Stronger economic growth was made possible by the normalization of social and economic activities.

The fact that there were no major lockdowns also helped sales of sportswear because more gyms and sports centers were open than usual.

Sports have played a significant role in the rich culture of Nigeria, beginning with the Hausa martial arts sport known as Dambe Boxing, which is played during festivals.

Dambe Boxing was originally thought of as a way to learn military tactics, but today the sport is only played for prestige, masculinity, and honoring one’s family and village.

Nigeria, like many other nations where football is a popular sport, was able to compete successfully. Its national team, the Super Eagles, regularly competes for international titles and has established itself as one of Africa’s best teams in international sports competitions.

Although Nigeria may lack achievements in sports, many Nigerians are excited about annual celebrations and events. Argungu Fishing Festival is one of these, and the competition’s objective is to catch the largest fish. The latest automobile and truck innovations are on display at the Abuja International Motor Fair.

NIGERIA SPORTSWEAR MARKET SIZE AND FORECAST

The Nigeria Sportswear Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

MARKET  DYNAMICS 

For many years, Nigerian sports had to depend on foreign brands for all kinds of sporting and leisure wears.By doing this, Nigeria was also denying these nations access to sports business opportunities.

Until Africa for Africa (AFA) Sports started in Nigeria a few years ago, none of these things changed.Africa for Africa (AFA) Sports’ founder recently discussed the development of a Nigerian industry as a result of Nike’s rejection.

After working for BDA Sports management in California for many years, Ugo Udezue moved to Nigeria to start the Continental Basketball League (CBL). 

COMPANY PROFILE

• Fojay Ventures Ltd
• Yali-yali Sportswear
• Kentesy Stitches
• Reddi2wear Nigeria Limited
• Unisex Apparel Enterprises

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Nigeria Sportswear Market right now and how will it change in the next 5-6 years?
2. Average cost to set up a Sportswear Market in Nigeria?
3. How many Nigeria Sportswear Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Nigeria Sportswear Market and key vendor selection criteria
6. Where is the Nigeria Sportswear Market  manufactured? What is the average margin per equipment?
7. Market share of Nigeria Sportswear Market manufacturers and their upcoming products
8. The most important planned Nigeria Sportswear Market in next 2 years
9. Details on network of major Nigeria Sportswear Market and pricing plans
10. Cost advantage for OEMs who manufacture Nigeria Sportswear Market in-house
11. 5 key predictions for next 5 years in Nigeria Sportswear Market
12. Average B-2-B Nigeria Sportswear Market price in all segments
13. Latest trends in Nigeria Sportswear Market , by every market segment
14. The market size (both volume and value) of Nigeria Sportswear Market in 2022-2030 and every year in between?
15. Global production breakup of Nigeria Sportswear Market , by suppliers and their OEM relationship