NIGERIA SPONGE AND SCOURING PADS MARKET ANALYSIS

Market Challenges And Opportunities

Drivers:

Growth of travel & tourism industry in Nigeria is expected to drive growth sponge & scouring pads market in the country over the forecast period. For instance, according to data released in 2019 by ‘Ministry of Foreign Affairs of Nigeria’, Nigeria has various investment potential in tourism sector such as beach resorts & hotels, overland safaris, national parks, gorilla viewing, deep sea recreational fishing, lake & river fishing, surfing & snorkeling, theme parks, and exposition centers. Therefore, increasing opportunities in travel & tourism industry in Nigeria is expected to boost growth of commercial end-use industries including restaurants and hotels, which in turn is expected to increase demand for sponge & scouring pads in the country over the forecast period.

Market Restraints

Wide variety of sponge and scouring pads are available in the market for cleaning cooking utensils and cooking surroundings such as cooking platform and gas burner. However, availability of multipurpose brush products such as pan & glass brush, dish washing & cleaning-up brittle brush are expected to hamper growth of the Nigeria sponge & scouring pads market over the forecast period.

Market Opportunities

Rising awareness about environment protection has resulted in shift in consumer preference towards eco-friendly products. Therefore, manufacturers operating in the Nigeria sponge and scouring pads market are focused on adopting sustainable production process, in order to produce environmentally friendly products and attract consumer base. For instance, 3M Company’s ‘Scotch-Brite Never Scratch Soap-Loaded Scour Pad’ is made from 100% recycled paper fibers. Moreover, the soap used in the pad is phosphate-free and biodegradable.