Construction in Nigeria
Construction in Nigeria
Summary
Construction in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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
Construction in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 construction market includes both residential and non-residential construction.
- The Nigerian construction industry had total revenues of $105,828.1 million in 2023, representing a compound annual growth rate (CAGR) of 11.8% between 2018 and 2023.
- The non-residential segment accounted for the industry's largest proportion in 2023, with total revenues of $81,000.3 million, equivalent to 76.5% of the industry's overall value.
- The Nigerian construction industry accounted for a 0.7% share of the global region.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Nigeria
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria construction market with five year forecasts by both value and volume
- What was the size of the Nigeria construction market by value in 2023?
- What will be the size of the Nigeria construction market in 2028?
- What factors are affecting the strength of competition in the Nigeria construction market?
- How has the market performed over the last five years?
- Who are the top competitors in Nigeria's construction 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 in this industry?
7.2. What are the strategies of the leading players?
7.3. Are there any government initiatives currently in place which could have an impact on the market?
7.4. Have there been any notable developments in the market?
7.5. What are the disruptive trends impacting the construction industry?
8 COMPANY PROFILES
8.1. Julius Berger Nigeria Plc
8.2. Reynolds Construction Company (Nigeria) Ltd
8.3. Setraco Nigeria Ltd
8.4. China Civil Engineering Construction Corp
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
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 in this industry?
7.2. What are the strategies of the leading players?
7.3. Are there any government initiatives currently in place which could have an impact on the market?
7.4. Have there been any notable developments in the market?
7.5. What are the disruptive trends impacting the construction industry?
8 COMPANY PROFILES
8.1. Julius Berger Nigeria Plc
8.2. Reynolds Construction Company (Nigeria) Ltd
8.3. Setraco Nigeria Ltd
8.4. China Civil Engineering Construction Corp
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 construction industry value: $ million, 2018-23
Table 2: Nigeria construction industry category segmentation: % share, by value, 2018-2023
Table 3: Nigeria construction industry category segmentation: $ million, 2018-2023
Table 4: Nigeria construction industry geography segmentation: $ million, 2023
Table 5: Nigeria construction industry value forecast: $ million, 2023-28
Table 6: Julius Berger Nigeria Plc: key facts
Table 7: Julius Berger Nigeria Plc: Annual Financial Ratios
Table 8: Julius Berger Nigeria Plc: Key Employees
Table 9: Reynolds Construction Company (Nigeria) Ltd: key facts
Table 10: Reynolds Construction Company (Nigeria) Ltd: Key Employees
Table 11: Setraco Nigeria Ltd: key facts
Table 12: Setraco Nigeria Ltd: Key Employees
Table 13: China Civil Engineering Construction Corp: key facts
Table 14: China Civil Engineering Construction Corp: Key Employees
Table 15: Nigeria size of population (million), 2019-23
Table 16: Nigeria gdp (constant 2005 prices, $ billion), 2019-23
Table 17: Nigeria gdp (current prices, $ billion), 2019-23
Table 18: Nigeria inflation, 2019-23
Table 19: Nigeria consumer price index (absolute), 2019-23
Table 20: Nigeria exchange rate, 2019-23
Table 1: Nigeria construction industry value: $ million, 2018-23
Table 2: Nigeria construction industry category segmentation: % share, by value, 2018-2023
Table 3: Nigeria construction industry category segmentation: $ million, 2018-2023
Table 4: Nigeria construction industry geography segmentation: $ million, 2023
Table 5: Nigeria construction industry value forecast: $ million, 2023-28
Table 6: Julius Berger Nigeria Plc: key facts
Table 7: Julius Berger Nigeria Plc: Annual Financial Ratios
Table 8: Julius Berger Nigeria Plc: Key Employees
Table 9: Reynolds Construction Company (Nigeria) Ltd: key facts
Table 10: Reynolds Construction Company (Nigeria) Ltd: Key Employees
Table 11: Setraco Nigeria Ltd: key facts
Table 12: Setraco Nigeria Ltd: Key Employees
Table 13: China Civil Engineering Construction Corp: key facts
Table 14: China Civil Engineering Construction Corp: Key Employees
Table 15: Nigeria size of population (million), 2019-23
Table 16: Nigeria gdp (constant 2005 prices, $ billion), 2019-23
Table 17: Nigeria gdp (current prices, $ billion), 2019-23
Table 18: Nigeria inflation, 2019-23
Table 19: Nigeria consumer price index (absolute), 2019-23
Table 20: Nigeria exchange rate, 2019-23
LIST OF FIGURES
Figure 1: Nigeria construction industry value: $ million, 2018-23
Figure 2: Nigeria construction industry category segmentation: $ million, 2018-2023
Figure 3: Nigeria construction industry geography segmentation: % share, by value, 2023
Figure 4: Nigeria construction industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the construction industry in Nigeria, 2023
Figure 6: Drivers of buyer power in the construction industry in Nigeria, 2023
Figure 7: Drivers of supplier power in the construction industry in Nigeria, 2023
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Nigeria, 2023
Figure 9: Factors influencing the threat of substitutes in the construction industry in Nigeria, 2023
Figure 10: Drivers of degree of rivalry in the construction industry in Nigeria, 2023
Figure 1: Nigeria construction industry value: $ million, 2018-23
Figure 2: Nigeria construction industry category segmentation: $ million, 2018-2023
Figure 3: Nigeria construction industry geography segmentation: % share, by value, 2023
Figure 4: Nigeria construction industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the construction industry in Nigeria, 2023
Figure 6: Drivers of buyer power in the construction industry in Nigeria, 2023
Figure 7: Drivers of supplier power in the construction industry in Nigeria, 2023
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Nigeria, 2023
Figure 9: Factors influencing the threat of substitutes in the construction industry in Nigeria, 2023
Figure 10: Drivers of degree of rivalry in the construction industry in Nigeria, 2023
