
Transportation Services in Nigeria
Description
Transportation Services in Nigeria
Summary
Transportation Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Transportation Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The transportation services industry includes air, marine, rail, and road freight sectors.
- The Nigerian transportation services industry recorded revenues of $3.3 billion in 2023, representing a compound annual growth rate (CAGR) of 1.2% between 2018 and 2023.
- The marine segment accounted for the industry’s largest proportion in 2023, with total revenues of $3 billion, equivalent to 88.7% of the industry’s overall value.
- According to GlobalData, in 2023, the Nigerian transportation services industry grew 2.7% annually due to the rising free trade agreements (FTA).
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the transportation services market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the transportation services market in Nigeria
- Leading company profiles reveal details of key transportation services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria transportation services market with five year forecasts
- What was the size of the Nigeria transportation services market by value in 2023?
- What will be the size of the Nigeria transportation services market in 2028?
- What factors are affecting the strength of competition in the Nigeria transportation services market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's transportation services market?
Table of Contents
42 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of leading players?
- 7.3. What are the challenges in the market?
- 8 Company Profiles
- 8.1. Red Star Express PLC
- 8.2. A.P. Moller - Maersk AS
- 8.3. MSC Mediterranean Shipping Co SA
- 8.4. Trans-Nationwide Express Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Nigeria transportation services industry value: $ million, 2018-23
- Table 2: Nigeria transportation services industry category segmentation: % share, by value, 2018-23
- Table 3: Nigeria transportation services industry category segmentation: $ million, 2018-23
- Table 4: Nigeria transportation services industry geography segmentation: $ million, 2023
- Table 5: Nigeria transportation services industry value forecast: $ million, 2023-28
- Table 6: Red Star Express PLC: Key Facts
- Table 7: Red Star Express PLC: Annual Financial Ratios
- Table 8: Red Star Express PLC: Key Employees
- Table 9: A.P. Moller - Maersk AS: Key Facts
- Table 10: A.P. Moller - Maersk AS: Annual Financial Ratios
- Table 11: A.P. Moller - Maersk AS: Key Employees
- Table 12: MSC Mediterranean Shipping Co SA: Key Facts
- Table 13: MSC Mediterranean Shipping Co SA: Key Employees
- Table 14: Trans-Nationwide Express Plc: Key Facts
- Table 15: Trans-Nationwide Express Plc: Key Employees
- Table 16: Nigeria Size of Population (million), 2019-23
- Table 17: Nigeria Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 18: Nigeria GDP (Current Prices, $ Billion), 2019-23
- Table 19: Nigeria Inflation, 2019-23
- Table 20: Nigeria Consumer Price Index (Absolute), 2019-23
- Table 21: Nigeria Exchange Rate, 2018-23
- List of Figures
- Figure 1: Nigeria transportation services industry value: $ million, 2018-23
- Figure 2: Nigeria transportation services industry category segmentation: $ million, 2018-23
- Figure 3: Nigeria transportation services industry geography segmentation: % share, by value, 2023
- Figure 4: Nigeria transportation services industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the transportation services industry in Nigeria, 2023
- Figure 6: Drivers of buyer power in the transportation services industry in Nigeria, 2023
- Figure 7: Drivers of supplier power in the transportation services industry in Nigeria, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the transportation services industry in Nigeria, 2023
- Figure 9: Factors influencing the threat of substitutes in the transportation services industry in Nigeria, 2023
- Figure 10: Drivers of degree of rivalry in the transportation services industry in Nigeria, 2023
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