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Travel & Tourism in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Nigeria
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Nigeria
Leading company profiles reveal details of key travel & tourism market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria travel & tourism market with five year forecasts
Essential resource for top-line data and analysis covering the Nigeria travel & tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
What was the size of the Nigeria travel & tourism market by value in 2015?
What will be the size of the Nigeria travel & tourism market in 2020?
What factors are affecting the strength of competition in the Nigeria travel & tourism market?
How has the market performed over the last five years?
What are the main segments that make up Nigeria's travel & tourism market?
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
The Nigerian travel & tourism industry had total revenues of $24.9bn in 2015, representing a compound annual growth rate (CAGR) of 5.3% between 2011 and 2015.
The foodservice segment was the industry's most lucrative in 2015, with total revenues of $13.5bn, equivalent to 54.2% of the industry's overall value.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 5.9% for the five-year period 2015-2020, which is expected to drive the industry to a value of $33.0bn by the end of 2020.
Market value forecast
Market value forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Aero Contractors Company of Nigeria Limited
Best Western Hotels & Resorts
Figure 1: Nigeria travel & tourism industry value: $ billion, 2011-15
Figure 2: Nigeria travel & tourism industry category segmentation: $ billion, 2011-2015
Figure 3: Nigeria travel & tourism industry geography segmentation: % share, by value, 2015
Figure 4: Nigeria travel & tourism industry value forecast: $ billion, 2015-20
Figure 5: Forces driving competition in the travel & tourism industry in Nigeria, 2015
Figure 6: Drivers of buyer power in the travel & tourism industry in Nigeria, 2015
Figure 7: Drivers of supplier power in the travel & tourism industry in Nigeria, 2015
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Nigeria, 2015
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Nigeria, 2015
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Nigeria, 2015
Figure 11: McDonald's Corporation: revenues & profitability
Figure 12: McDonald's Corporation: assets & liabilities
Table 1: Nigeria travel & tourism industry value: $ billion, 2011-15
Table 2: Nigeria travel & tourism industry category segmentation: % share, by value, 2011-2015
Table 3: Nigeria travel & tourism industry category segmentation: $ billion, 2011-2015
Table 4: Nigeria travel & tourism industry geography segmentation: $ billion, 2015
Table 5: Nigeria travel & tourism industry value forecast: $ billion, 2015-20
Table 6: Aero Contractors Company of Nigeria Limited: key facts
Table 7: Best Western Hotels & Resorts: key facts
Table 8: McDonald's Corporation: key facts
Table 9: McDonald's Corporation: key financials ($)
Table 10: McDonald's Corporation: key financial ratios
Table 11: Nigeria size of population (million), 2011-15
Table 12: Nigeria gdp (constant 2005 prices, $ billion), 2011-15
Table 13: Nigeria gdp (current prices, $ billion), 2011-15
Table 14: Nigeria inflation, 2011-15
Table 15: Nigeria consumer price index (absolute), 2011-15
Table 16: Nigeria exchange rate, 2011-15
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Aero Contractors Company of Nigeria Limited, Best Western Hotels & Resorts, McDonald's Corporation
Travel & Tourism, Marketline, Nigeria