Footwear - Nigeria

  • Nigeria
  • Revenue in the Footwear segment is projected to reach US$390.80m in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 3.14%, resulting in a projected market volume of US$442.20m by 2027.
  • With a projected market volume of US$43,670.00m in 2023, most revenue is generated in China.
  • In the Footwear segment, the number of users is expected to amount to 80.95m users by 2027.
  • User penetration will be 22.7% in 2023 and is expected to hit 33.0% by 2027.
  • The average revenue per user (ARPU) is expected to amount to US$7.70.
 
 
 
 
 
 
 
 
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