Nigeria Warehousing Market Outlook to 2023: 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 The report titled “Nigeria Warehousing Market Outlook to 2023 – By Operational Model, Open and Closed, End Users, Regulated and Unregulated, Regions, Integrated and Contract Warehouses” provides a comprehensive analysis of the Warehousing market in Nigeria. The report covers the overall size and future outlook of the Nigeria warehousing market in terms of value and segmentation on the basis of service mix, by region and ownership. The report also covers the competitive landscape and company profiles of major Warehousing companies. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges. Nigeria Warehousing Market Overview and Size Nigeria warehousing market was evaluated to grow robustly during the period 2013-2018. The growth was mainly due to an increase in international trade volumes, market entry of international players, growing e-commerce market and building new manufacturing units and industries in Nigeria in order to make the country self-reliant. Sustained efforts have been taken by the government along with the Chinese government for developing free trade zone areas and industrial parks in the country. Major investment by foreign companies has driven the overall warehousing market in the country. Nigeria Warehousing Segmentation by End User The Food and beverage industry has been dominating the end-user segment due to the increasing trade of food products with Asian and European countries and the growing middle-class population in the country. Nigeria has set up the Automotive Industry Development Plan to set up more automation industries in Nigeria. The E-commerce sector has been developing in the country and attracting a lot of customers. Emergence of supermarkets and other stores is even contributing to the growing retail market in the country. The Nigerian government and private companies are contributors to the increase in demand for cold storage for agricultural and pharmaceutical drugs and medicines. Nigeria Warehousing Segmentation by Type of Warehouse Open yards and warehouses are less in number in Nigeria. However, the government is finding investors for building new structures near the ports that will reduce inefficiency in the trade. Closed warehousing space includes closed normal warehouses, temperature-controlled warehouses ranging from palletized warehouses for stacking their goods with all automation facilities to normal godowns. It even includes the cold storages that are currently less leading to wastage of agricultural products in the market. Nigeria Warehousing Segmentation by Contract and Integrated Warehouses In Nigeria, small and medium players lease out their warehousing requirements due to a shortage of good quality warehouses and huge capital requirements. Contractual logistics is highly prevalent in the e-commerce industry and cold chain warehousing where the cost of building and maintaining such warehouses is high. Nigeria Warehousing Segmentation by Operational Model The Industrial/Retail segment has dominated Nigeria warehousing market with massive revenue in the year 2018. Industrial parks and free trade zones are driving the growth of industrial warehouses.CFS/ICD warehousing contributes a lesser market share even if it is an import driven country. Cold Storage warehousing has increased over the years with the rising requirement of temperature-controlled products for the agricultural goods, seafood and pharmaceutical industry by the government and private companies. However, it is still at the infancy stage and thus doesn’t contribute much as of now in terms of revenue. Nigeria Warehousing Segmentation by Region Lagos has been the commercial hub of the country and the most prime location in terms of trade and logistics due to the proximity to the major seaports, airports and industrial parks in the country. Other warehousing hotspots include Ogun state near Lagos, Kano, Ibadan, Kaduna near Abuja and Nassaraw. With over congestion in the prime regions, investors and logistics companies are now seeking to shift to nearer less congested areas near Lagos and cheaper alternatives. Nigeria Warehousing Segmentation by Market structure Around 60% of the warehouses are strictly regulated in Nigeria under by NAFDAC due to poor warehousing standards and rising smuggled goods in the market. They manage and approve the warehouses according to their set standard rules and regulations. Competitive Scenario in Nigeria Warehousing Market The market is fragmented and full of godowns and unstructured warehouses that don’t have full-fledged facilities and automation. Godowns are usually individual owned that offer third-party services to international logistics firms. Various competition parameters of warehousing effectiveness are the cost of warehousing, area, and capacity, modern technological equipment, CCTV, Security and proximity to the airport, seaport and railways. The warehouses that are near to Lagos are generally charged higher then other places due to its strategic location. Nigeria Warehousing Market Future Outlook and Projections Nigeria warehousing market is projected to grow during the forecast period 2018-2023 owing to the country’s vigorous infrastructural plans. The key growth drivers will be the upcoming manufacturing units of the products that have been banned to import, an increasing number of supermarkets and retail stores. The increasing international trade volumes, growing industrial parks in the free trade zones and dry ports are expected to increase the demand for freight forwarding and warehousing services. The growing pharmaceutical industry and government support to increase agricultural products will increase the demand for cold storage industries in the future. Key Segments Covered:- Nigeria Warehousing Market Revenue by Business Model Industrial/Retail CFS/ICD Cold storage and Agriculture Revenue by Region Lagos Kano Kaduna Ogun Nassaraw Others Revenue by Type of Warehouses Open warehouse Closed warehouse Revenue by Contract and Integrated warehouses Contract warehouses Integrated warehouses Revenue by End User Food and Beverages Automotive Consumer retail Health care Others (Agricultural products and other perishable commodities) Revenue by Market Structure Regulated Unregulated Companies Covered:- DHL Bollore Transport and Logistics UPS (United Postal Services) GMT Logistics MDS logistics Key Target Audience Warehousing Companies 3PL Companies Consultancy Companies Real estate companies E-commerce players Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023E Key Topics Covered in the Report:- Nigeria Warehousing Market Overview Nigeria Warehousing Market Size Nigeria Warehousing Market Segmentation Competitive Scenario in Nigeria Warehousing Market Company Profiles of Major Players in Nigeria Warehousing Market Nigeria Warehousing Market Future Outlook and Projections Nigeria Warehousing Future Market Size Nigeria Warehousing Market Future Segmentation Analyst Recommendations on Nigeria Warehousing Market For More Information, Refer To Below Link:- Nigeria Warehousing Market Outlook to 2023 Related Reports by Ken Research:- Kenya Logistics and Warehousing Market Outlook To 2023 – By Sea, Land, Pipeline, Air Freight Forwarding; International And Domestic Freight, Integrated And 3PL Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Others), 3PL Warehousing, Type Of Warehouses; By Courier Express And Parcel Logistics And E-Commerce Logistics Uganda Logistics and Warehousing Market Outlook To 2022/23 – By Rail, Land, Air Freight Forwarding; International And Domestic Freight, Integrated And Contract Logistics Freight Forwarding, By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot And Cold Storage), By Courier And Parcel Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Bollore warehousing space Nigeria, E commerce sector warehouse Market, End User Demand for Warehousing services in Nigeria, free trade zones in Nigeria, ICD near seaports Nigeria, Industrial parks in Nigeria, Industrial warehousing Market Nigeria, Industrial warehousing space in Nigeria, Inland Container Depot Nigeria, MDS logistics Revenue Nigeria, Nassaraw Warehouse market Size, Nigeria Automotive warehousing Market, Nigeria Close Warehouse market Cost, Nigeria cold storage Market Size, Nigeria Cold Storage of Agricultural Products, Nigeria Contract Warehouses Market, Nigeria Food and Beverages warehousing Market, Nigeria Freight Forwarding Industry, Nigeria Freight Forwarding Market, Nigeria GMT Logistics Market Revenue, Nigeria Healthcare warehousing Market, Nigeria ICD Warehouse investments, Nigeria Integrated Warehouse Market Revenue, Nigeria Integrated Warehouses Market, Nigeria Logistics Market Research Report, Nigeria Open Warehouse market Spend, Nigeria Regulated Warehouse market, Nigeria Retail warehousing Market Cost, Nigeria UnRegulated Warehouse market, Nigeria warehouse food and beverage industry, Nigeria Warehousing Automation Market, Nigeria warehousing Growth in USD Billion, Nigeria warehousing Industry, Nigeria warehousing Industry Research Report, Nigeria warehousing Market, Nigeria warehousing Market Analysis, Nigeria Warehousing Market End User, Nigeria warehousing Market Forecast, Nigeria warehousing Market Future Outlook, Nigeria warehousing Market Growth Rate, Nigeria warehousing Market Major Companies, Nigeria warehousing Market Research Report, Nigeria warehousing Market Revenue, Nigeria warehousing Market Segmentation, Nigeria warehousing Market Share, Nigeria warehousing Market Size, Number of warehouses Nigeria, Ogun Warehouse market Growth, Retail warehousing Market Nigeria, Revenue earned by Nigeria Warehousing companies, Special Economic zones Nigeria, UPS Transport and Logistics Market Nigeria, Warehouse market Size in Lagos, Warehouse market Space in Kano, Warehousing Industry Nigeria, Warehousing Investment Nigeria, warehousing Market Nigeria, Warehousing Space in Nigeria