Aba Building Construction Industry Market Intelligence and Future Growth Dynamics (Databook Series) – Market Size in Value and Volume across 20+ Market Segments, Key Growth Trends, and Risk Assessment
Report Description
Nigerian real estate and construction segment’s contribution towards the country’s GDP has increased significantly over the years. However, growth has taken a back seat owing to negative growth between last quarter of 2015 and 2016 and has come to a sluggish growth in 2017. Large as well as small and medium construction companies have experienced slower growth rate during this time. The government owes more than US$ 2 billion to construction companies which has resulted in many projects being abandoned and mass lay-offs comprising of close to 10,000 workers.
Nigerian residential segment is expected to see a positive growth in 2017. However, it is fundamentally dependent on performance of the country’s economy. Demand, supply and price of space are subjected to fluctuations depending on the situation of occupiers, developers and investors. Improvement in trade relationship especially with China under new government leadership is expected to fuel investments in non-oil sectors. This is likely to drive requirement of office spaces for new players in 2017.
Though development for office spaces in pipeline is expected to slow down in Lagos in 2017, it will still continue to lead in this segment followed by Abuja and other tier 2 cities. Ikoyi is likely to become one of the prime office destination choice for many companies. Eko Atlantic is anticipated to experience greater demand in terms of office space requirement in current times. Retail business will require more office spaces in current times due to high consumer spending culture that is likely to influence retail business growth.
Building construction industry in Aba is expected to record a CAGR of 2.1% to reach US$ 244.5 million by 2021, while in volume terms, it is expected to record a CAGR of 0.1% during the same period.
This report from ConsTrack360 provides market size and forecast in value and volume terms across 20+ construction markets in Aba, tracking 50+ KPIs. It details market size & forecast, emerging trends, market opportunities, and investment risks in building construction industry.
Report Scope
• Aba Market Data by Value and Volume: This report provides market size and forecast across 20+ construction segments for a period of 10 years from 2012-2021 in Aba, both in value and volume terms.
• Aba Residential Building Construction Coverage: 10-year market size & forecast in value and volume terms in Aba by – housing type (multi family, single family), price point / income level (luxury, mid-tier, affordable), construction stage (new construction, re-development, maintenance)
• Aba Commercial Building Construction Coverage: 10-year market size & forecast in value and volume terms in Aba by – office building, retail building, hospitality and luxury building, restaurant, entertainment, sports facility, construction stage (new construction, re-development, maintenance)
• Aba Industrial Building Construction Coverage: 10-year market size & forecast in value and volume terms in Aba by – manufacturing plants, chemical & pharmaceutical metal & material processing, construction stage (new construction, re-development, maintenance)
• Aba Institutional Building Construction Coverage: 10-year market size & forecast in value and volume terms in Aba by – healthcare construction, educational construction, public convenience, construction stage (new construction, re-development, maintenance)
Reason to Buy
• In-depth Understanding of Construction Market Dynamics in Aba: Understand market opportunity, industry dynamics, key trends and drivers across 20+ market segments and sub-segments of building construction industry.
• Volume and Value Data: Get detailed understanding of the market both from value and volume perspective for historical as well as forecast period in Aba.
• Develop City Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in Aba’s construction industry.
- 1 About this Report
- 1.1 Methodology
- 1.2 Definitions
- 1.3 Disclaimer
- 2 Aba Building Construction Industry Dynamics and Growth Prospects
- 2.1 Analysis by Building Construction Sectors
- 2.1.1 Building Construction Industry Market Size by Value, 2012 - 2021
- 2.1.2 Market Share Analysis by Building Construction Sectors, 2012 - 2021
- 3 Aba Residential Construction Industry Market Size and Forecast
- 3.1 Residential Building Construction Outlook
- 3.1.1 Residential Building Construction Market Size by Value, 2012 - 2021
- 3.1.2 Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.1.3 Residential Building Average Construction Value, 2012 - 2021
- 3.2 Analysis by Residential Construction Markets Outlook by Construction type
- 3.2.1 Snapshot by Residential Building Construction Markets by Construction Type
- 3.2.2 Multi Family Residential Building Construction Market Size by Value, 2012 - 2021
- 3.2.3 Multi Family Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.2.4 Multi Family Residential Building Average Construction Value, 2012 - 2021
- 3.2.5 Single Family Residential Building Construction Market Size by Value, 2012 - 2021
- 3.2.6 Single Family Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.2.7 Single Family Residential Building Average Construction Value, 2012 - 2021
- 3.3 Analysis by Residential Construction Markets Outlook by Price Point
- 3.3.1 Snapshot by Residential Building Construction Markets by Price Point
- 3.3.2 Luxury Residential Building Construction Market Size by Value, 2012 - 2021
- 3.3.3 Luxury Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.3.4 Luxury Residential Building Average Construction Value, 2012 - 2021
- 3.3.5 Mid-Tier Residential Building Construction Market Size by Value, 2012 - 2021
- 3.3.6 Mid-Tier Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.3.7 Mid-Tier Residential Building Average Construction Value, 2012 - 2021
- 3.3.8 Affordable Residential Building Construction Market Size by Value, 2012 - 2021
- 3.3.9 Affordable Residential Building Construction Market Size by Volume, 2012 - 2021
- 3.3.10 Affordable Residential Building Average Construction Value, 2012 - 2021
- 3.4 Residential Building Construction Growth Trend Analysis by Development Stage
- 3.4.1 Snapshot by Residential Building Construction Markets by Development Stage
- 3.4.2 New Residential Building Construction Market Size by Value, 2012 - 2021
- 3.4.3 Re-development Residential Building Construction Market Size by Value, 2012 - 2021
- 3.4.4 Maintenance Residential Building Construction Market Size by Value, 2012 - 2021
- 4 Aba Non Residential Building Construction Industry Market Size and Forecast
- 4.1 Commercial Building Construction Outlook
- 4.1.1 Commercial Building Construction Market Size by Value, 2012 - 2021
- 4.1.2 Commercial Building Construction Market Size by Volume, 2012 - 2021
- 4.1.3 Commercial Building Average Construction Value, 2012 - 2021
- 4.2 Outlook and Growth Dynamics by Commercial Building Construction Sectors
- 4.2.1 Market Share Analysis by Commercial Building Construction Markets
- 4.2.2 Office Building Construction Market Size by Value, 2012 - 2021
- 4.2.3 Office Building Construction Market Size by Volume, 2012 - 2021
- 4.2.4 Office Building Average Construction Value, 2012 - 2021
- 4.2.5 Retail Building Construction Market Size by Value, 2012 - 2021
- 4.2.6 Retail Building Construction Market Size by Volume, 2012 - 2021
- 4.2.7 Retail Building Average Construction Value, 2012 - 2021
- 4.3 Industrial Building Construction Outlook
- 4.3.1 Industrial Building Construction Market Size by Value, 2012 - 2021
- 4.3.2 Industrial Building Construction Market Size by Volume, 2012 - 2021
- 4.3.3 Industrial Building Average Construction Value, 2012 - 2021
- 4.4 Institutional Building Construction Outlook
- 4.4.1 Institutional Building Construction Market Size by Value, 2012 - 2021
- 4.4.2 Institutional Building Construction Market Size by Volume, 2012 - 2021
- 4.4.3 Institutional Building Average Construction Value, 2012 - 2021
- 4.5 Non Residential Building Construction Growth Trend Analysis by Development Stage
- 4.5.1 New Non Residential Building Construction Market Size by Value, 2012 - 2021
- 4.5.2 Re-development Non Residential Building Construction Market Size by Value, 2012 - 2021
- 4.5.3 Maintenance Non Residential Building Construction Market Size by Value, 2012 - 2021
- 5 Further Reading
- 5.1 About ConsTrack360
- 5.2 Related Research
- 5.3 ConsTrack360 Knowledge Center
- List of Tables
- Table 1: Aba Building Construction Industry - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 2: Market Share Analysis by Building Construction Sectors, 2012 - 2021 (Value)
- Table 3: Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 4: Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 5: Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 6: Multi Family Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 7: Multi Family Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 8: Multi Family Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 9: Single Family Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 10: Single Family Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 11: Single Family Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 12: Luxury Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 13: Luxury Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 14: Luxury Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 15: Mid-Tier Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 16: Mid-Tier Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 17: Mid-Tier Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 18: Affordable Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 19: Affordable Cities Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 20: Affordable Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 21: New Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 22: Re-development Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 23: Maintenance Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 24: Commercial Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 25: Commercial Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 26: Commercial Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 27: Office Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 28: Office Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 29: Office Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 30: Retail Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 31: Retail Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 32: Retail Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 33: Industrial Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 34: Industrial Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 35: Industrial Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 36: Institutional Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 37: Institutional Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Table 38: Institutional Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Table 39: New Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 40: Re-development Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Table 41: Maintenance Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- List of Figures
- Figure 1: ConsTrack360's Methodology Framework
- Figure 2: Aba Building Construction Industry - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 3: Market Share Analysis by Building Construction Sectors, 2012 - 2021 (Value)
- Figure 4: Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 5: Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 6: Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 7: Residential Building Construction - Market Share by Construction Type (Value)
- Figure 8: Multi Family Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 9: Multi Family Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 10: Multi Family Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 11: Single Family Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 12: Single Family Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 13: Single Family Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 14: Residential Building Construction - Market Share by Price Point (Value)
- Figure 15: Luxury Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 16: Luxury Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 17: Luxury Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 18: Mid-Tier Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 19: Mid-Tier Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 20: Mid-Tier Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 21: Affordable Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 22: Affordable Residential Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 23: Affordable Residential Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 24: Residential Building Construction - Market Share by Development Stage (Value)
- Figure 25: New Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 26: Re-development Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 27: Maintenance Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 28: Commercial Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 29: Commercial Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 30: Commercial Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 31: Commercial Building Construction - Market Share Analysis (Value)
- Figure 32: Office Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 33: Office Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 34: Office Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 35: Retail Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 36: Retail Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 37: Retail Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 38: Industrial Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 39: Industrial Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 40: Industrial Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 41: Institutional Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 42: Institutional Building Construction - Market Size & Forecast by Volume (Thousand Square Feet), 2012 - 2021
- Figure 43: Institutional Building Average Construction Value (NGN / Square Feet), 2012 - 2021
- Figure 44: Non Residential Building Construction - Market Share by Development Stage (Value)
- Figure 45: New Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 46: Re-development Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021
- Figure 47: Maintenance Non Residential Building Construction - Market Size & Forecast by Value (NGN Million), 2012 - 2021