Nigeria Transportation Services Market to 2027
Summary
Transportation Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 comprises the air, marine, rail, and road freight sectors.
- The Nigerian transportation services industry group had total revenues of $5.1 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
- The road segment accounted for the industry group's largest proportion in 2022, with total revenues of $5 billion, equivalent to 99.1% of the industry group's overall value.
- The growth in the Nigerian transportation services industry group is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, the real GDP annual growth rate of Nigeria in 2022 stood at 3.1%, according to GlobalData.
- 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 by both value and volume
- What was the size of the Nigeria transportation services market by value in 2022?
- What will be the size of the Nigeria transportation services market in 2027?
- What factors are affecting the strength of competition in the Nigeria transportation services market?
- How has the market performed over the last five years?
- Who are the top competitors in Nigeria's transportation services market?
- 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 of leading players?
- 7.3. What has been the most significant partnership/agreement over the last year?
- 7.4. How has the Russia-Ukraine conflict affected leading players?
- 8 Company Profiles
- 8.1. FedEx Corp
- 8.2. A.P. Moller-Maersk A/S
- 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, 2017–22
- Table 2: Nigeria transportation services industry category segmentation: % share, by value, 2017–2022
- Table 3: Nigeria transportation services industry category segmentation: $ million, 2017-2022
- Table 4: Nigeria transportation services industry geography segmentation: $ million, 2022
- Table 5: Nigeria transportation services industry value forecast: $ million, 2022–27
- Table 6: FedEx Corp: key facts
- Table 7: FedEx Corp: Annual Financial Ratios
- Table 8: FedEx Corp: Key Employees
- Table 9: FedEx Corp: Key Employees Continued
- Table 10: A.P. Moller-Maersk A/S: key facts
- Table 11: A.P. Moller-Maersk A/S: Annual Financial Ratios
- Table 12: A.P. Moller-Maersk A/S: Key Employees
- Table 13: A.P. Moller-Maersk A/S: Key Employees Continued
- Table 14: MSC Mediterranean Shipping Co SA: key facts
- Table 15: MSC Mediterranean Shipping Co SA: Key Employees
- Table 16: Trans-Nationwide Express Plc: key facts
- Table 17: Trans-Nationwide Express Plc: Key Employees
- Table 18: Nigeria size of population (million), 2018–22
- Table 19: Nigeria gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: Nigeria gdp (current prices, $ billion), 2018–22
- Table 21: Nigeria inflation, 2018–22
- Table 22: Nigeria consumer price index (absolute), 2018–22
- Table 23: Nigeria exchange rate, 2018–22
- List of Figures
- Figure 1: Nigeria transportation services industry value: $ million, 2017–22
- Figure 2: Nigeria transportation services industry category segmentation: $ million, 2017-2022
- Figure 3: Nigeria transportation services industry geography segmentation: % share, by value, 2022
- Figure 4: Nigeria transportation services industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the transportation services industry in Nigeria, 2022
- Figure 6: Drivers of buyer power in the transportation services industry in Nigeria, 2022
- Figure 7: Drivers of supplier power in the transportation services industry in Nigeria, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the transportation services industry in Nigeria, 2022
- Figure 9: Factors influencing the threat of substitutes in the transportation services industry in Nigeria, 2022
- Figure 10: Drivers of degree of rivalry in the transportation services industry in Nigeria, 2022
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