Refrigeration Appliances in Nigeria

In terms of total value sales, refrigeration appliances account for the largest portion of value sales within consumer appliances and are considered an essential appliance. In 2022, refrigeration appliances is set to record muted volume growth. The depreciation of the local currency during the year has led to a strong increase in the prices of imported goods, including refrigeration appliances.

The Refrigeration Appliances in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, format trends or distribution issues. Forecasts to 2026 illustrate how the market is set to change.

Product coverage: Built-in Refrigeration Appliances, Electric Wine Coolers/Chillers, Freestanding Refrigeration Appliances, Freezers, Fridge Freezers, Fridges.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Refrigeration Appliances market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.

KEY DATA FINDINGS

2022 DEVELOPMENTS

Inflationary pressures contribute to strong value increase in 2022
With high household energy bills, consumers increasingly look for energy-efficient refrigeration appliances
Economy-priced brands benefit from increased price sensitivity

PROSPECTS AND OPPORTUNITIES

Health volume growth over forecast period
Consumers increasingly look for energy efficient appliances
E-commerce set to become a more important sales channel

CATEGORY DATA

Table 1 Sales of Refrigeration Appliances by Category: Volume 2017-2022
Table 2 Sales of Refrigeration Appliances by Category: Value 2017-2022
Table 3 Sales of Refrigeration Appliances by Category: % Volume Growth 2017-2022
Table 4 Sales of Refrigeration Appliances by Category: % Value Growth 2017-2022
Table 5 Sales of Freezers by Format: % Volume 2017-2022
Table 6 Sales of Freezers by Volume Capacity: % Volume 2017-2022
Table 7 Sales of Fridge Freezers by Format: % Volume 2017-2022
Table 8 Sales of Fridge Freezers by Volume Capacity: % Volume 2017-2022
Table 9 Sales of Fridge Freezers by Connected Appliances: % Volume 2018-2022
Table 10 Sales of Fridges by Volume Capacity: % Volume 2017-2022
Table 11 NBO Company Shares of Refrigeration Appliances: % Volume 2018-2022
Table 12 LBN Brand Shares of Refrigeration Appliances: % Volume 2019-2022
Table 13 NBO Company Shares of Freestanding Fridge Freezers: % Volume 2018-2022
Table 14 NBO Company Shares of Freestanding Fridges: % Volume 2018-2022
Table 15 Distribution of Refrigeration Appliances by Format: % Volume 2017-2022
Table 16 Production of Refrigeration Appliances: Total Volume 2017-2022
Table 17 Forecast Sales of Refrigeration Appliances by Category: Volume 2022-2027
Table 18 Forecast Sales of Refrigeration Appliances by Category: Value 2022-2027
Table 19 Forecast Sales of Refrigeration Appliances by Category: % Volume Growth 2022-2027
Table 20 Forecast Sales of Refrigeration Appliances by Category: % Value Growth 2022-2027

CONSUMER APPLIANCES IN NIGERIA

EXECUTIVE SUMMARY

Consumer appliances in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?

MARKET INDICATORS

Table 21 Household Penetration of Selected Total Stock Consumer Appliances by Category 2018-2023
Table 22 Replacement Cycles of Consumer Appliances by Category 2018-2023

MARKET DATA

Table 23 Sales of Consumer Appliances by Category: Volume 2017-2022
Table 24 Sales of Consumer Appliances by Category: Value 2017-2022
Table 25 Sales of Consumer Appliances by Category: % Volume Growth 2017-2022
Table 26 Sales of Consumer Appliances by Category: % Value Growth 2017-2022
Table 27 Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2017-2022
Table 28 Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2017-2022
Table 29 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2017-2022
Table 30 Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2017-2022
Table 31 Sales of Small Appliances by Category: Volume 2017-2022
Table 32 Sales of Small Appliances by Category: Value 2017-2022
Table 33 Sales of Small Appliances by Category: % Volume Growth 2017-2022
Table 34 Sales of Small Appliances by Category: % Value Growth 2017-2022
Table 35 NBO Company Shares of Major Appliances: % Volume 2018-2022
Table 36 LBN Brand Shares of Major Appliances: % Volume 2019-2022
Table 37 NBO Company Shares of Small Appliances: % Volume 2018-2022
Table 38 LBN Brand Shares of Small Appliances: % Volume 2019-2022
Table 39 Distribution of Major Appliances by Format: % Volume 2017-2022
Table 40 Distribution of Small Appliances by Format: % Volume 2017-2022
Table 41 Forecast Sales of Consumer Appliances by Category: Volume 2022-2027
Table 42 Forecast Sales of Consumer Appliances by Category: Value 2022-2027
Table 43 Forecast Sales of Consumer Appliances by Category: % Volume Growth 2022-2027
Table 44 Forecast Sales of Consumer Appliances by Category: % Value Growth 2022-2027
Table 45 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Volume 2022-2027
Table 46 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: Value 2022-2027
Table 47 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Volume Growth 2022-2027
Table 48 Forecast Sales of Major Appliances by Category and Built-in/Freestanding Split: % Value Growth 2022-2027
Table 49 Forecast Sales of Small Appliances by Category: Volume 2022-2027
Table 50 Forecast Sales of Small Appliances by Category: Value 2022-2027
Table 51 Forecast Sales of Small Appliances by Category: % Volume Growth 2022-2027
Table 52 Forecast Sales of Small Appliances by Category: % Value Growth 2022-2027