Transportation Services in Nigeria

December 2024 | 42 pages | ID: TEB551E0E6FEN
MarketLine

Abstracts

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

• 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).

Scope

• 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

Reasons to Buy

• 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?

Contents

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