NIGERIA’S PAINT INDUSTRY NAVIGATES REGULATORY CHANGES AND ECONOMIC CHALLENGES AMID PUSH FOR LEAD-FREE FUTURE
November 6th, 2024
Nigeria’s paint and coating industry and its key construction sector partner are at a crossroads, balancing economic pressures with regulatory demands, in a simultaneous push for growth and sustainability. Recent developments highlight the complex landscape facing manufacturers, regulators and consumers alike in Africa’s most populous country (with 230 million people).
The paint, wallpaper and supplies market in Nigeria generated revenue of USD2.58 billion in 2024, with a projected compound annual growth rate from 2024-2029 of 4.01%, according to ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.