Nigeria Freight Forwarding Market is Driven by Increasing Oil Exports, Infrastructural Investment, and Boost in Foreign Trade: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “On the back of the new Standard Gauge Railway and improving foreign trade ties, the logistics sector in Nigeria experienced high growth in 2018.” Analysts at Ken Research in their latest publication “Nigeria Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding” believe that the Freight Forwarding market has grown due to government spending on infrastructural projects, increasing volumes of imports and exports and geographical placement of Nigeria. The market is expected to grow at a CAGR of 15.4% during 2019-2023E. Strategic Location: Nigeria is the world’s gateway to West Africa and Lagos is one of the most vibrant international trading hubs in Nigeria. Most of the sea transportation is done by two seaports in Lagos namely Lagos Port Complex and Tin can Port. A new Deep Sea Port in Lekki and Trans-African Highway is being constructed, which is expected to further open up Nigeria to international trade. Also, Airport connectivity is great with major foreign countries with MMI Airport in Lagos as the busiest one involved in cargo transportation. Focus on Manufacturing Sector: Nigeria is focusing on making the country self-dependent. Hence, Manufacturing and Agriculture related industries are increasing due to the benefits and issuance of single-digit interest rate loans to firms, thereby having a ripple effect on the logistics sector used to transport the goods manufactured. Infrastructure Development: Improving infrastructure in the country happens to be a key growth driver for the logistics industry of the county. A combined of N200bn (USD 646.6 million) of investment in new port infrastructure in just 10 years has been made. Also, Abuja-Kaduna SGR has been completed to facilitate cargo and passenger movement. The willingness of international players to enter the market has made Nigeria step up their logistics infrastructure and spending. Focus on International Trade: For an import oriented country like Nigeria, it is all the more crucial to participate in international initiatives towards trade relations. Nigeria has signed various trade agreements like ECOWAS, AGOA and AFCFTA. Therefore Nigeria has wide access to the entire African market as well as the Asian, European and North American markets for a number of goods. Technological Advancement: While GPS and Control Towers are standard practices in logistics in developed countries, it is employed by only big domestic players and international companies in Nigeria. Supply chain visibility has become an increasing demand of clients and freight forwarders in Nigeria are also adopting new technologies such as ICT enabled vehicles, RFID Tags, Tracking solutions, among other such technologies. Key Segments Covered:- Nigeria Freight Forwarding Market By Mode of Freight Road Freight Rail Freight (Volume and Revenue) Air Freight (Airfreight in Nigeria (Volume- Imports and Exports of Cargo and Mail by Airports) Sea Freight (Volume By Import –Export And Cargo Type, Logistic cost, Container Freight Rates, CARGO duty, General Cargo Delivery Charges, And Ship Dues) By Type of Freight International Freight Revenue Domestic Freight Revenue By Flow Corridors Asian Countries European Countries Middle East America African Countries By Contract and Integrated Contract Logistics Revenue Integrated Logistics Revenue By End-User Food and Beverages Industrial and Retail Automotive Others (Chemical products, fertilizers, pharmaceutical products, perfumes etc) Companies Covered:- DHL BHN Logistics Bollore Logistics ABC Transport UPS (United Postal Services) Redstar Logistics Maersk Line MSC (Mediterranean Shipping Company) TSL Logistics Key Target Audience Freight Forwarding Companies E-Commerce Logistics Companies 3PL Companies Consultancy Companies Express Delivery Logistics Companies Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023 Keywords:- For More Information, Refer To Below Link:- Nigeria Freight Forwarding Market Outlook Related Reports by Ken Research:- Kenya Freight Forwarding Market Outlook To 2023 – By Sea, Land, Air, Rail And Pipeline Freight; International And Domestic Freight, Integrated And Contract Logistics Freight Forwarding Uganda Freight Forwarding Market Outlook To 2023 – By Road, Rail And Air Freight; International And Domestic Freight, Integrated And Contract Freight And By End Users (Food And Beverages And Consumer Retail, Automotive, Healthcare And Others) South Africa Logistics Market Outlook To 2023 – By Sea, Land, Air Freight Forwarding; International And Domestic Freight, Integrated And Contract Logistics Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Cold Chain; By Express Logistics And E-Commerce Logistics Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: 3PL and Integrated Logistics Market Nigeria, ABC Logistics Nigeria Market Share, Africa Logistics Market Revenue, Air Freight Flow Corridor Nigeria, BHN Logistics Revenue Share Nigeria, Bollore Logistics Market Analysis Nigeria, Cargo Shipping Cost to Nigeria, container freight stations Niagara, container type Logistics cost Nigeria, Contract Logistics Freight Forwarding Nigeria, Contract Logistics Freight Nigeria, Contract Logistics Revenue Nigeria, Cost air express and ground express services Nigeria, DHL Nigeria Freight Forwarding Revenue, E-Commerce Logistics Companies in Nigeria, End User Demand for Freight Forwarding services in Nigeria, Freight Forwarding Competition Nigeria, Freight Forwarding Developments Nigeria, Freight Forwarding Industry in Nigeria, Freight Forwarding Industry Nigeria, Freight Forwarding Market in Nigeria, Freight Forwarding Market Nigeria, Freight Forwarding Trucking Companies Nigeria, General Cargo Delivery Charges Nigeria, Import and Export Cargo Cost Nigeria, Import and Export Shipment Cost Nigeria, Inland Container Depot Niagara, Integrated Logistics Revenue Market Nigeria, International Freight Companies in Nigeria, International trade of Nigeria, Maersk Line Nigeria Market Analysis, Major freight forwarding companies in Nigeria, msc nigeria freight forwarding revenue, Nigeria Cold Transportation Revenue, Nigeria Container Freight Rates, Nigeria Domestic Freight Companies Share, Nigeria Domestic Freight Market Revenue, Nigeria E-Commerce logistics Market Demand, Nigeria ECOWAS Agreement, Nigeria exports Revenue, Nigeria Express Delivery Logistics Companies, Nigeria Freight Forwarders, Nigeria Freight Forwarding Growth in USD Billion, Nigeria Freight Forwarding Industry, Nigeria Freight Forwarding Industry Research Report, Nigeria Freight Forwarding Market, Nigeria Freight Forwarding Market Analysis, Nigeria Freight Forwarding Market Future Outlook, Nigeria Freight Forwarding Market Growth Forecast, Nigeria Freight Forwarding Market Major Players, Nigeria Freight Forwarding Market Research Report, Nigeria Freight Forwarding Market Revenue, Nigeria Freight Forwarding Market Share, Nigeria Freight Forwarding Market Size, Nigeria Freight services End user demand, Nigeria GDP Growth from Freight Forwarding, Nigeria Integrated Logistics Market Revenue, Nigeria International Freight Market Share, Nigeria Land and Sea Freight Market Revenue, Nigeria land sea air freight Cost Comparison, Nigeria Logistics and Warehousing Industry, Nigeria Logistics and Warehousing Market, Nigeria logistics and warehousing services, Nigeria Logistics Market Research Report, Nigeria Oil Transportation Revenue Market, Nigeria Rail Freight Revenue, Nigeria Rail Freight Revenue Share, Nigeria Road and Rail Freight Market Revenue, Nigeria Sea Freight Forwarding Market, Nigeria Transportation Major Companies, Number of Seaports in Nigeria, Pipeline Freight Forwarding charges Nigeria, Pipeline Transport Revenue Market Nigeria, Redstar logistics Market Share Nigeria, Revenue earned by Nigeria freight companies, Road Freight Industry Nigeria, Third Party Logistics in Nigeria, TSL Logistics Freight Revenue Nigeria, UPS Nigeria Logistic Market Share