Nigeria warehousing Market Future Outlook: 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 How Nigeria Warehousing Market Evolved? Logistics and warehousing are important for the economy. Nigeria has five international airports and six seaports for cargo transportation. Murtala Muhammed International Airport is the major commercial airport in Lagos and Lagos Port Complex and Tin Can Port are the two major seaports, both located in the commercial hub of Lagos. Therefore, Lagos is the warehousing hub of Nigeria. Infrastructural developments in the seaports, airports, and SGR have contributed to the facilitation of the International trade increases the demand for more warehouses in the country. To learn more about this report Download a Free Sample Report Most warehouses are centered in and around Lagos due to the presence of industrial parks and proximity to seaports and airports. The price charged in Lagos is higher compared to the rest of the places and ranges between USD ~ per square per month depending upon the brand name, space, facilities, and tenure of the contract. Nigeria warehousing market was evaluated to grow from USD ~ million in 2013 to USD ~ million in the year 2018 at a compounded annual growth rate (CAGR) of ~% during the period. In 2018, Nigeria has achieved rank 145 in the Ease of Doing Business Index and rank 112 in Logistic Performance Index. The increasing middle class and urban-educated population have pushed the demand for shopping centers and e-commerce in Lagos in Nigeria. The increasing retail store and supermarkets have increased the warehousing demand in Nigeria. Growing investments in Industrial parks, growing manufacturing units of the banned products for importing are the factors that are even contributing to increased demand for warehouses in the market. Nigeria Warehousing Market Segmentation Revenue by End User The Food and beverage industry has been contributing ~% due to the increasing trade of food products. Increasing automotive industries, the emergence of retail stores, Cold storages for agricultural and pharmaceutical drugs and medicines are increasing warehousing sector. By Operational Model The Industrial/Retail segment has contributed ~% with massive revenue in the year 2018. CFS/ICD warehousing contributes ~% in the market. Cold Storage warehousing has increased due to temperature-controlled products for agricultural goods, seafood. By Contract and Integrated Contract warehouses contributed ~% in the warehousing market. Small and medium players lease out their warehousing requirements due to the shortage of good quality warehouses and huge capital requirements. By Type of warehouses: Open yards and warehouses are less in number in Nigeria and contribute ~% share in the market due to less ICD’s. Closed warehouses include `% of the warehousing market. By Region: All the warehouses are situated in and around Lagos only due to the presence of industrial parks and proximity to seaports and airports. It has around ~ warehouses in the country. Competitive Scenario In Nigeria Warehousing Market The market is very fragmented and full of small local players in the warehousing market but now the market is being regulated due to the strict regulations by the concerned authorities. Godowns by individual owners and local smaller firms offer third-party services to international players when needed space at a particular location. 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. MDS Logistics is a local Nigerian player that has recently sprung up in spite of big International players and is involved in providing huge warehousing space and needed facilities to the government. 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. Companies Cited in the Report DHL Global Forwarding Bollore Transport and logistics UPS Logistics MDS Logistics GMT Logistics Nigeria Warehousing Future Outlook and Projections, 2018-2023 Nigeria Warehousing market is projected to grow at a CAGR of ~% during the forecast period 2018-2023 owing to the country’s plans to turn itself into the trading and manufacturing hub of Africa. The revenue from the warehousing market in the country is anticipated to grow from USD ~ million in 2018 to USD ~ million by the year ending 2023. 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 growing pharmaceutical industry and government support to increase agricultural production will increase the demand for cold storage industries in the future. E-commerce players such as Jumia and Konga, in order to reduce their inefficiencies, are expected to increase the demand for outsourced warehouses 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 Warehousing Market Outlook To 2023 – By Closed Normal, Open Yard, Closed Ac And Cold Storage; Contract And Owned Warehousing; Industrial Warehouses, ICD And Cold Storage 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, 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 Beverage 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
