The import value of scent sprays and similar toilet sprays to Nigeria is forecasted to see a steady increase from 2024 to 2028, rising from $6.1799 million in 2024 to $7.0053 million in 2028. The year-on-year growth rates are as follows: 2024 to 2025 sees a 3.44% increase, 2025 to 2026 a 3.26% rise, 2026 to 2027 a 3.09% increase, and 2027 to 2028 a 2.88% increase. This results in a Compound Annual Growth Rate (CAGR) of approximately 2.92% over the five-year period. In 2023, the import value stood at $5.976 million.
Future trends to watch for include changes in consumer preferences towards premium scents and the impact of economic conditions on disposable incomes which could influence import volumes. Additionally, potential policy changes regarding import tariffs and local production capabilities will be critical in shaping the market dynamics.