*Note: Name, Email and Phone Number are mandatory.

THANK YOU
Our team will get back to you shortly.
Consumer Electronics

Consumer Electronics

IPRFZ | Special Economic Zone

Refrigerators, air conditioners, washing machines, and cookers are in high demand, particularly with rising disposable income and focus on convenience

Refrigerators, air conditioners, washing machines, and cookers are in high demand, particularly with rising disposable income and focus on convenience

$23.9 Bn

Forecast

$3097 Mn

Import Reliance

Untapped Potential: Invest in White Goods & Consumer Electronics Market in IPR, Nigeria

Nigeria's consumer electronics and white goods market is experiencing explosive growth, fueled by a potent mix of demographics and digital transformation. The nation boasts Africa's largest population, exceeding 218 million according to the World Bank (2023 data), with a thriving middle class that has growing disposable income. Industry reports project this to translate into a consumer electronics and white goods market reaching a huge staggering market size. In Nigeria, it is projected to grow by 6.32% (2024-2028) resulting in a market volume of US$23.9bn in 2028. 

 

Furthermore, Nigeria is witnessing a tech-savvy population with over 100 million internet users as per Jumia reports (2023). This fuels a surge in demand for smartphones, laptops, and other consumer electronics. The youthful demographic further amplifies this trend, with a high digital adoption rate creating a hungry market for cutting-edge electronics.

FACILITIES IN IPRFZ Consumer Electronics
Road Network

Road Network

Jetty

Jetty

Port Connectivity

Port Connectivity

Medical Centre

Medical Centre

Internet

Internet

Water Supply

Water Supply

Single Window Operation

Single Window Operation

Raw Materials

Raw Materials

Training Centre

Training Centre

Drainage System

Drainage System

Electricity

Electricity

Construction Ready Land

Construction Ready Land

Police Station

Police Station

Fire Station

Fire Station

Inland Container Depot

Inland Container Depot

Compare

img_alt Remove all

Dear investor, please compare similar category items- either Locations or Opportunities.

 closs icon