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Transportation Services in Nigeria

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    Report

  • 42 Pages
  • December 2024
  • Region: Nigeria
  • MarketLine
  • ID: 6052684
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 the publisher, 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?

Table of 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 research
10.4. About the Publisher
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

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Red Star Express PLC
  • A.P. Moller - Maersk AS
  • MSC Mediterranean Shipping Co SA
  • Trans-Nationwide Express Plc