While retail volume sales of small cooking appliances are set to decline in 2022 as the economy remains sluggish in Nigeria, the expected economic recovery and increase in disposable incomes will improve consumer confidence among middle-income consumers and drive growth in small cooking appliances later in the forecast period. A lesser focus on necessities and the return of busier lifestyles will drive demand for convenient cooking products such as fryers and slow cookers.
Freestanding hobs is expected to grow strongly over the forecast period as it is both a convenient and cheaper alternative to cookers. In fact, most homes in urban areas are too small to accommodate cookers in their kitchens, leading consumers to purchase substitutes such as freestanding hobs.
Online sales are set to continue to register strong dynamism over the forecast period, as consumers increasingly appreciate the convenience of the channel, particularly for smaller appliances. Also, the online landscape is increasingly being used as an information tool and enables consumers to compare prices much more easily and this is increasing competitiveness.
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Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Small Cooking Appliances industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.See All of Our Definitions
This report originates from Passport, our Small Cooking Appliances research and analysis database.
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