Nigeria Logistics Industry | Nigeria warehousing Market: 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 Nigeria Courier, Express and Parcel Logistics Market The overall revenue generated by the CEP Logistics market has increased from USD ~ Million in 2013 to USD ~ Million in 2018 at a positive CAGR of ~%during the period. By B2B, B2C, and C2C: The growth of e-commerce business has led to a convergence of B2B and B2C traffic, with parcel logistics providers increasingly embracing both to serve clients’ Omnichannel supply chains. B2C is the segment that is contributing the most revenue in Nigeria. The B2B and C2C are contributing ~% and ~% revenue in the Nigeria CEP Market. By International/Air and Domestic/Ground Express: The Revenue of International shipments increased from USD ~ Million to USD ~ Million in the period 2013-2018. The international shipments are done majorly by air which is expensive than the nominal charges of road express delivery. Hence, the revenue of international shipments dominates the market. By Delivery Period: It is contributing ~% in the courier, express and parcel market. It has a smaller share in the market but is expanding by the International companies and local players even to the International locations from Nigeria. Next day delivery, Two days and Three days delivery and more hold a greater share in the market. By Intercity and Intracity: Almost ~% of the revenue is coming from intercity shipments from cities such as Lagos as it is the commercial hub of the country and ~% of the revenue is coming from Intracity shipments. Intercity shipments are more than Intracity Shipments. By Region: Lagos State is holding a dominating share in the market due to the presence of major companies and Nipost followed by Abuja and Kano due to populated areas. Others include Nassaraw, Port Harcourt, Enugu, Calabar and more. Snapshot on Nigeria Road Trucking Aggregators There are few trucking aggregators that have emerged due to the problem of empty trucks traveling on the road leading to high logistics costs in the country. Various platforms such as Kobo360 and Lori systems have recently moved into the country where the company connects truckers and companies for delivery services through an application. This is solving problems by providing reverse logistics in the country and also providing additional facilities such as financial aid, HMO facilities, and insurance. Big companies are partnering with aggregator platforms to reduce their logistics cost and also help self-employed truckers to earn better income by more number of trips. Nigeria Third Party Logistics Market The overall Nigeria 3PL market has grown from USD ~ Million in 2013 to USD ~ Million in 2018 at a positive CAGR of ~%. The companies do not generally invest in fleets and outsource the services to local players for their technology updated vehicles and assets. By Market Type: The freight forwarding segment within Nigeria 3PL market dominated with a massive revenue share of ~% in the year 2018. The logistics companies especially the international companies instead of purchasing their own fleet for transportation of goods, outsource the contract to 3PL logistics companies. Nigeria 3PL Market Competitive Scenario and Market Share of Major Players: The Nigeria Logistics market is dominated by 3PL firms since the infrastructural challenges and low level of technological advancements discouraged core logistics firms to invest heavily in their own assets. The 3PL services are provided by international players such as DHL, UPS and domestic players such as MDS, GMC, GMT, Flux Logistics, Tranex and many more. Snapshot on Nigeria E-Commerce Logistics Market The overall e-commerce logistics revenue has increased from USD ~ million in 2013 to USD ~ million in 2018 with a CAGR of ~% which has further provided an impetus to the growth of logistics the market in the country. The e-commerce sector is facing problems due to the pay on delivery option as the customers cancel the orders at the time of delivery causing loss to the e-commerce players. Poor customer service and questionable return policies have seen the trust deficit largely worsen among Nigerian customers. Major E-Commerce players in Nigeria are Jumia Nigeria, Konga, Payporte, OLX (used cars), Jiji Nigeria, and Mall for Africa, WaWooh and many more. Competitive Landscape of the Market The competition within Nigeria Logistics and Warehousing Market is highly fragmented in nature with the presence of national and international players such as DHL, FedEx-Redstar, UPS, GMT Logistics, MDS logistics, GIG, ABC transport, Bollore, Maersk Line, TSL and many more. The competition in the freight forwarding companies is more than warehousing due to the presence of multiple players with diversified solutions at competitive prices. The logistic cost in the market is high leading to contraction of the manufacturing sector in the GDP. The warehouses that are near to Lagos are generally charged higher than other places due to its strategic location, trade centralization, and the presence of Industrial parks. Nigeria Logistics and Warehousing Market Future Outlook and Projections The overall Logistics Market in Nigeria is expected to increase from USD ~ Million in 2018 to USD ~ Million in 2023 at a positive CAGR of ~% during the period. The key growth drivers for the market include the rising demand for products through online purchases which has augmented the E-commerce market. The increasing international trade volumes and domestic manufacturing are expected to increase the demand for freight forwarding services. The key growth drivers of the warehousing sector will be the increasing investment in the industrial parks in export promoting zones with the PPP framework. The growing middle-class population and increasing retail stores and supermarkets will increase the demand for warehousing in the future. The logistics companies are expected to invest in advanced technologies solutions such as autonomous logistics, real-time tracking, and automation in order to provide improved customer service. Key Segments Covered:- 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) 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 warehouses 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 Courier, Express and Parcel Logistics Market Revenue by International and Domestic Shipments International Shipments Domestic Shipments Revenue by Type of Express Air Express Ground Express Revenue by Market Structure B2B B2C C2C Volume by Delivery Period Same Day Delivery Next Day Delivery Two or More Days Delivery Revenue by Intra City and InterCity Intra City InterCity Revenue by Region Lagos Abuja Kano Others (Enugu, Port Harcourt, Calabar and many more) 3PL Logistics Market By Market Type (Freight Forwarding and Warehousing) Snapshot on E-Commerce Logistics Market in Nigeria Snapshot on Trucking Aggregators Kobo360 Lori system Companies Covered DHL BHN Logistics ABC Transport UPS (United Postal Services) Redstar Logistics Maersk Line MSC (Mediterranean Shipping Company) TSL Logistics Bollore Transport and Logistics UPS (United Postal Services) GMT Logistics GIG logistics Nipost (Nigerian Postal Service) MDS logistics Key Target Audience Freight Forwarding Companies E-Commerce Logistics Companies 3PL Companies Consultancy Companies Express Delivery Logistics Companies Logistics/Warehousing Companies Real Estate Companies/ Industrial Developers Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023F Key Topics Covered in the Report:- Logistics Industry Nigeria Open warehouse Market Share Import and Export Shipment Cost Nigeria Industrial parks in Nigeria Special Economic zones in Nigeria Nigeria food and beverages industry Nigeria Packaged food industry International trade of Nigeria Nigeria logistics and warehousing services Nigeria export Revenue Market Bollore Transport and logistics market share UPS Nigeria Logistics Market Analysis For More Information, Refer To Below Link:- Nigeria Logistics and Warehousing Market Related Reports by Ken Research:- 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 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 Indonesia Logistics and Warehousing Market Outlook To 2023 – Driven By Infrastructure Spending For Airport And Seaports Albeit By Poor Existing Road Network Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: 3PL and Integrated Logistics Market Nigeria, ABC Logistics Nigeria Market Share, BHN Logistics Market Competitors, Bollore Logistics Market Analysis Nigeria, bollore transport and logistics market share, Contract Logistics Revenue Nigeria, Cost air express and ground express services Nigeria, DHL Nigeria Freight Forwarding Revenue, Import and Export Shipment Cost Nigeria, Industrial parks Nigeria, International trade of Nigeria, Logistics Industry Nigeria, Logistics Market Nigeria, Maersk Line Nigeria Market Analysis, msc nigeria freight forwarding revenue, Nigeria Closed warehouse Market Growth Rate, Nigeria Domestic Freight Market Revenue, Nigeria E-Commerce logistics Market, Nigeria export Revenue Market, Nigeria food and beverage industry, Nigeria Freight Forwarding Industry, Nigeria Freight Forwarding Major Flow Corridors, Nigeria Freight Forwarding Market, Nigeria Integrated Logistics Market, 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 Industry, Nigeria Logistics Industry Research Report, Nigeria Logistics Market, Nigeria Logistics Market Analysis, Nigeria Logistics Market Forecast, Nigeria Logistics Market Future Outlook, Nigeria Logistics Market Growth Rate, Nigeria Logistics Market Major Players, Nigeria Logistics Market Research Report, Nigeria Logistics Market Revenue, Nigeria Logistics Market Segmentation, Nigeria Logistics Market Share, Nigeria Logistics Market Size, Nigeria Outsourced Logistics Market, Nigeria Packaged food industry, Nigeria Rail Freight Revenue Share, Nigeria Retail warehousing Market, Nigeria Road and Rail Freight Market Revenue, Nigeria Sea Freight Forwarding Market, Nigeria Third Party Logistics Market, Nigeria warehousing Industry, Nigeria warehousing Market, Nigeria warehousing Market Major Companies, Open warehouse Market Share, Pipeline Freight Forwarding charges Nigeria, Redstar logistics Market Share Nigeria, Special Economic zones Nigeria, TSL Logistics Freight Revenue Nigeria, UPS Nigeria Logistics Market Analysis