Top 10 high demand products in Nigeria
Are you in search of high demand products in Nigeria to invest in? You probably need a side hustle or to quit your job altogether, and you need a new business. There’s no denying that you have to trade products or services that are in high demand to stay profitable.
Knowing what products have a higher demand requires studying the market. Doing this helps you to know what items have the highest demand. The Nigerian market is constantly changing because of new trends. However, the demand for certain products is always high regardless of the ever-changing trends. The emergence of online buying and selling using platforms like social media contributes a lot to this.
There’s nothing new about the products we will discuss below. However, the competition is quite high, especially for a newbie. Nonetheless, if you understand the market, then you will thrive regardless of what you sell.
Best High Demand Products in Nigeria to Invest in
Fashion Items
Clothes and shoes are very hot commodities in Nigeria. There are different clothes and shoes for men, women, and children. Also, different occasions will require different outfits. Most people in Nigeria have more than one pair of shoes. Periodically, people need to add new clothes to their wardrobes as well. As long as the trends evolve, clothes and shoes will continually be in high demand.
For a place like Nigeria, nobody wants to be caught “unfresh.” Everyone wants to look good, even in an economic downturn. Of course, not everyone can afford fashionable and expensive attires. But clothing, shoes, and accessories will surely always be on the list of consumer goods of high demand in the Nigerian market.
Hair Wigs and Extensions
A lot of ladies have come to love hair wigs and extensions. They use and reuse them often. Whether it’s by adding a little helper to natural hair or going for a whole new look with wigs. This is probably the reason for the high demand for these products. There is now a big market for hair products on various scales and at various prices.
Today, there are several styles and qualities of hair and extensions on sale online and offline. Each one is branded along ethnic or racial lines. Some hair products you can invest in include luxury virgin hair, pure Mongolian hair, finest Remy hair, Peruvian hair, etc. Also, you can sell shampoos, relaxers, hair lotions, detangling brushes, and other items that are complementary to wigs and extensions.
Health and Wellness Products
Health products are one of the best high demand products in Nigeria since the advent of the internet. No matter the background, gender, economic status, or culture, everyone wants to be healthy. As such, they are willing to sacrifice every penny to achieve their health and fitness goals.
The health industry is a wide business area, with each of the products being profitable. For health and wellness, some of the fast selling products include vitamins and dietary supplements, and herbal remedies. Others are nutritional and overall health products, weight loss products, sexual wellness products, body pain, e.t.c.
Baby Accessories
Baby essentials are timeless. They are important needs and one of the fast selling products in Nigeria. Whether you are expecting a baby, already have a child, or are related to a parent, taking care of children comes at a cost.
The care can include feeding, clothing, shelter, education, safety, and other areas that contribute to a child’s wellbeing. At each stage of a child’s growth, some needs have to be met.
The focus can be on toys, educational books, clothes, baby food, games, shoes, furniture, etc. All are profitable if you do it well.
If you wish to invest in this business, some of the bestselling baby products and accessories include; crib, baby carrier, diapers, feeding bottles, jumpsuits, wipe, breast pump, cloth pegs, water flask, tits, etc.
Food and Groceries
Food is life and contributes to our well-being. Owing to the stress involved with food and grocery shopping, consumers keep altering their shopping behavior and depending on technology. As a result, the trend has created an opportunity for foodpreneurs who supply packaged food items for immediate consumption. Food is a product whose demand is always high and can never fade.
There are several ways to engage in this business. You can sell cooked dishes and deliver them to clients. Also, you can create a package plan where customers contact you with their shopping lists. You can then shop for raw food and deliver it to them on demand.
Cosmetic Products
Cosmetic products are substances for enhancing one’s appearance. They help to beautify and promote the attractiveness of the body regardless of the age group. There are different types of cosmetics, including skin or facial care products, anti-aging products, aromatherapy, makeup products, etc.
Cosmetic products have become a basic and daily need for people who love to appear a certain way. Because of this, it has become one of the high demand products in Nigeria, especially from the fashion-conscious middle-class population.
Electronic Goods
People are constantly embracing new ways to carry out tasks because of the evolution of technology. Hence, the high demand for electronics in Nigeria. Electronics are goods that depend on electric current or electromagnetic fields to work. They can come as household appliances or other forms of equipment that generate power to function.
These days, the latest electronic goods and gadgets are highly sought after by people of different calibers. Some high demand electronic goods that you can sell include televisions, DVD players, fans, ovens, washing machines, printers, radios, etc.
Camera and Accessories
In today’s world, content creation and influencing is a big market everyone is venturing into. Hence, in a bid to have quality photos and videos, having photography skills is becoming popular. Because of this, there is a rise in the demand for cameras.
There are several brands of cameras available today. As such, to stay profitable, you must display the best products that appeal to buyers. Some of the fast selling camera product brands are Canon, Sony, Fujifilm, Nikon, Olympus, Panasonic, LG, Toshiba, etc. Also, you can market drones, tripods, lenses, camera cases, etc.
Games
Contrary to regular belief, so many people enjoy gaming. There are lots of video games people play. Therefore, the gaming business in Nigeria is a fast-growing one. Many people are willing to spend a fortune to procure gaming consoles and software.
Some of the top games include FIFA “18, PES “18, PES 2017, PES”19, Battlefield, Fallout, the Witcher 3, etc. Find out what the market around is more interested in and make them available.
Phones & Accessories
You will always find people in the market searching for the latest phones and accessories. The release of new phones like Infinix, iPhone, and Samsung contributes to the high demand for phones and accessories.
Even those who initially seem not interested in certain phone accessories tend to have an interest now. This is mostly because new accessories are now flooding the market. Some of these unique phone accessories include Sport Earphones, Selfie Stick, Phone Cases, Durable Screen Guard, etc.
Conclusion
That’s it for our list of high demand products in Nigeria. We suggest that you carry out further market surveys and not limit yourself. Don’t limit yourself, especially when you feel there is a potential market that exists.
