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Nigeria 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), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics

Region:Africa

Author(s):Apoorva Narula

Product Code:KR921

Download Sample Report
Published On

November 2019

Total pages

228

About the Report

The report titled "Nigeria 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), By End Users, 3PL Warehousing, Type of Warehouses; By Courier Express and Parcel Logistics and E-commerce Logistics" provides a comprehensive analysis of the Logistics market in Nigeria. The report covers the overall size and future outlook of Nigeria Freight Forwarding, Warehousing, Courier Express and Parcel, 3PL and E Commerce market in terms of value, segmentation on the basis of service mix, by geography, by ownership and by type of industries. The report also covers the competitive landscape and company profiles of major Freight Forwarding, Warehousing and Express Logistics Companies in Nigeria. The report concludes with market projections for future and analyst recommendations highlighting the major opportunities and challenges.
 
Nigeria Logistics and Warehousing Market
 

Nigeria Logistics Market Overview and Size

Logistics is vital for the economic performance of any economy.  Nigeria has poor infrastructure and logistical issues along with delayed custom procedures and congestion on the roads. It is an import based country and the economy is dependent on the export of crude oil.  Nigeria was ranked 145 out of 190 economies in 2018 in ease of doing business Index and ranks 112 in the Logistics Performance Index (2018). The growth in Nigeria logistics Market has been due to the Infrastructural developments in Railways and Airways, improvement in foreign ties with other countries and the rising e commerce sector.
 

Nigeria Logistics Market Segmentation

By Freight Forwarding: The Food and Beverage, Industrial and retail sectors in the country played a significant role in the growth of freight forwarding market in Nigeria. Increasing demand for Nigerian local food and agricultural products in the country has triggered the demand for cold logistics and warehousing services. Sea freight is the most dominant mode of transportation followed by road and air freight. Over the past decade, Europe has replaced Asia as the major trading partner of Nigeria due to ECOWAS Economic Partnership Agreement with EU.
 
By Warehousing: Nigerian government and private companies are contributors for increase in demand of cold storages for agricultural and pharmaceutical drugs and medicines. 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. The market is strictly regulated by NAFDAC due to poor warehousing standards and rising smuggled goods in the market. The increasing automation technology along with more advanced inventory management systems is expected to help in the growth of the warehousing segment.
By Courier, Express and Parcel Logistics Market: The boom of e-commerce and easing of e-payment systems such as Paystack, PIN based debit cards in Nigeria have increased the demand of couriers and parcel market in the country. The rising prominence of online shopping will also contribute towards a long term growth for EDS (Express Delivery Segment) in future. 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’ Omni channel supply chains.
 
By Third Party Logistics Market: The country is known for its oil and gas exploration and exports to other countries. The oil and gas companies’ whose core business is not logistics, prefer outsourcing the work to other logistics partners who have bigger fleet size and access to all the resources and technology that will ease out their operations and short term needs for them. Companies dealing with perishable items and dangerous goods have complex transportation and warehousing needs. Aggregator platforms such as kobo logistics are becoming extremely popular thathas connected the truckers with the companies to reduce the logistics cost and increase their freight.
 
By E Commerce Logistics Market: The E-Commerce market developed quite late in the African continent as compared to the US and China. The E-Commerce market in Nigeria is estimated to be worth USD 13 Billion. In spite of the advancements in online payments options, around 70% of the population still preferred cash on deliveries due to poor customer service and questionable return policies. The ease of payments through mobile money and debit cards, increasing internet penetration is expected to help this sector to grow in Nigeria.
 

Competitive Landscape

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 extremely high leading to contraction of manufacturing sector in the GDP.
 

Future Outlook and Projections

The overall Logistics Market in Nigeria is expected to increase during the forecasted period due to growing demand for E Commerce Product, Increasing International trade and Rise in Domestic Manufacturing. It is expected that there will be an increase in investment towards industrial parks in export promoting zones with PPP framework. The growing middle class population and increasing retail stores and supermarkets will increase the demand of warehousing in 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 an improved customer service.

Products

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

Companies

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)

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 Inter City

  • Intra City
  • Inter City

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

Table of Contents

1. Executive Summary

2. Research Methodology

2.1. Market Definitions

2.2. Abbreviation

2.3. Market Size and Modeling

2.4Market Sizing Aproach–Nigeria Logistics Market

2.5Sample Size Inclusion Table

2.6Limitations

2.7Variables (Dependent and Independent)

2.8Multi Factor Based Sensitivity Model

2.9Final Conclusion

3. Nigeria Logistics and Warehousing Market Introduction

3.1. Nigeria Logistics and Warehousing Market Overview and Genesis

4. Logistics Infrastructure in Nigeria Logistics Market

4.1Airports

4.2Seaports

4.2Railways

4.4Roadways

4.5Pipelines

5. Value Chain in Nigeria Logistics Market

5.1. Major Problems in Value Chain

6. Nigeria Logistics and Warehousing Market Size, 2013-2018

6.1. Market Size By Revenue, 2013-2018

6.2. Nigeria Logistics and Warehousing Market Segmentation, 2013-2018

6.2.1. Revenue By Service Mix (Freight Forwarding, Warehousing Services and Value-Added 
Services), 2018

7. Nigeria Freight Forwarding Overview

7.1. Market Overview (Introduction, Growth Drivers, Regulations, Issues and Challenges)

7.2. Nigeria Freight Forwarding Market Size By Revenue, 2013-2018

7.3. Nigeria Freight Forwarding Market Segmentation, 2013 and 2018

7.3.1. Revenue By Mode of Freight (Road Freight, Sea Freight, Air Freight, and Rail Freight) 
2013 and 2018

Sea Freight in Nigeria (Volume By Import –Export And Cargo Type, Logistic cost, Container 
Freight Rates, Cargo duty, General Cargo Delivery Charges and Ship Dues), 2013-2018

Airfreight in Nigeria (Volume- Imports And Exports of Cargo And Mail By Airports), 2013-2018

Rail Freight in Nigeria (Volume and Revenue), 2013-2018

7.3.2. Revenue By Domestic and International Freight Forwarding, 2013 and 2018

Sea Freight, 2018

Air Freight, 2018

Road Freight, 2018

7.3.3. Revenue By Flow Corridors (Asian Countries, American Countries, European Countries, 
African Countries And Middle East Countries), 2018

Import in Nigeria from Other Countries by Value, Percentage Share And Products 2013-2018

Export from Nigeria from Other Countries by Value, Percentage Share And Products 2013-2018

7.3.4. Revenue By End Users (Food and Beverages, Automotive, Industrial And Retail, and 
Others), 2018

7.3.5. Revenue By Contract and Integrated Logistics, 2018

7.4. Industry Norms and Regulations in Nigeria Freight Forwarding Market (Import Exporting 
Procedures, Documents, CET Tariff, Import-Export Prohibition List), 2018

7.5. Competitive Scenario in Nigeria Freight Forwarding Market (Market Structure, Market 
Evolution, Market Stage, Logistic Cost, Technology And Major Players)

7.6. Market Share Of Major Companies

Market Share Of Companies in Air Freight

Market Share Of Companies in Road Freight, 2018

Market Share Of Companies in Sea Freight, 2018

7.7. Company Profiles of Major Players in Nigeria in Freight Forwarding Market (Overview, Key 
Executives, USP, Business Strategy, Innovation, Recent Trends and Developments, Fleet Size, 
Service Offering, Industries Catered, Offices and Employees in Nigeria)

7.7.1. DHL

7.7.2. BHN Logistics

7.7.3. Bollore Africa Logistics

7.7.4. ABC Transport

7.7.5. UPS (United Postal Services)

7.7.6. Red Star Logistics

7.7.7. Maersk Line

7.7.8. MSC (Mediterranean Shipping Company)

7.7.9. TSL Logistics

7.8. Snapshot on Trucking Aggregators

7.8.1. Kobo360

7.8.2. Lori System

7.9. Nigeria Freight Forwarding Market Future Outlook and Projections, 2018-2023F

7.10. Nigeria Freight Forwarding Market Segmentation, 2023F

7.10.1. Revenue By Mode of Freight (Road Freight, Sea Freight, Air Freight, and Rail Freight), 
2018 and 2023F

7.10.2. Revenue By Domestic and International Freight Forwarding, 2018 and 2023F

7.10.3. Revenue By Contract And Integrated Logistics, 2018 and 2023F

7.10.4. Revenue By End Users (Food and Beverages, Automotive, Industrial And Retail, and 
Others), 2018 and 2023F

7.10.5. Revenue By Flow Corridors (European countries, Asia, America, Africa, Middle East),

2018 and 2023F

7.11. Analyst Recommendations For Nigeria Freight Forwarding Market, 2018

8. Nigeria Warehousing Market Overview, 2013-2018

8.1. Market Evolution, Growth Drivers, Issues and Challenges and Emerging Trends, 2013-2018

8.2. Value Chain of Nigeria Warehousing Market, 2018

8.3. Nigeria Warehousing Market Size by Revenues, 2013-2018

8.4. Nigeria Warehousing Market Segmentation, 2018

8.4.1. Revenue By End User (Food and Beverages, Automotive, Consumer Retail, Health Care and 
Others), 2013 and 2018

8.4.2. Revenue By Type of Warehouse (Closed And Open Warehouses), 2013 and 2018

8.4.3. Revenue By Contract and Integrated Logistics, 2013 and 2018

8.4.4. Revenue By Operation Model (Industrial/Retail, ICD/CFS, Cold Storage and Agriculture), 
2013 and 2018

8.4.5. Warehouses By Regions (Lagos, Ogun, Kano, Nassaraw and others), 2018

8.4.6. Revenue By Market Structure (Regulated and Unregulated), 2013 and 2018

8.5. Industry Norms And Regulations in the Nigeria Warehousing Market, 2018

8.6. Competitive Scenario in Nigeria Warehousing Market (Market Structure, Evolution, 
Competition Parameters, Strategies, Major Players), 2018

8.7. Warehousing Space of Major Players in Nigeria Warehousing Market, 2018

8.8. Company Profiles of Major Warehousing Companies in Nigeria (Service Mix, Industries 
Catered, Warehousing Facilities, Business Strategy, USP, Innovations, Future Plans, Employee 
Base, Fleet Size), 2018

8.8.1. DHL Global Forwarding

8.8.2. Bollore Transport and Logistics

8.8.3. MDS Logistics

8.8.4. UPS (United Postal Service)

8.8.5. GMT Logistics

8.9. Nigeria Warehousing Future Outlook, 2018- 2023F

8.10. Future Technological Development in Nigeria Warehousing Market

8.11. Nigeria Warehousing Future Market Segmentation, 2023F

8.11.1. Revenue By End User (Food and Beverages, Automotive, Consumer Retail, Healthcare and 
Others), 2023F

8.11.2. Revenue By Market Structure (Regulated and Unregulated), 2023F

8.11.3. Revenue By Integrated and Contract Logistics, 2023F

8.11.4. Revenue By Type Of Warehouses (Closed And Open), 2023F

8.11.5. Revenue By Operational Model (Industrial/Retail, ICD/CFS, Cold Storage and 
Agriculture), 2023F

8.12. Free Trade Zones and Industrial Parks

8.13. Analyst Recommendations on Nigeria Warehousing Market, 2018

9. Nigeria 3PL Market, 2013-2023F

9.1. Market Overview, Challenges, Trends and Strategies, 2018

9.2. Nigeria 3PL Market Size, 2013 and 2018

9.3. Nigeria 3PL Market Segmentation, 2013 and 2018

9.3.1. Revenue By Freight Forwarding and Warehousing Segments, 2013 and 2018

9.4. Nigeria 3PL Market Competitive Scenario and Market share of Major Players, 2018

9.5. Nigeria 3PL Market Future Outlook and Projections, 2023F

9.5.1. By Revenues, 2023F

9.6. Nigeria 3PL Market Future Segmentation

9.6.1. Revenue By Warehousing and Freight Forwarding Segments, 2023F

10. Nigeria Courier, Express and Parcel Market, 2013, 2018 and 2023F

10.1. Market Overview (Evolution, Market Structure and Emerging Trends

10.2. Value Chain Analysis in Nigeria Express Delivery Market, 2018

10.3. Nigeria Courier, Express and Parcel Market Size by Revenues, 2013-2018

10.4. Nigeria Courier, Express And Parcel Market Segmentation, 2013 and 2018

10.4.1. Revenues by International/air and Domestic/ground Shipments, 2013 and 2018

10.4.2. Volume by Delivery Period, 2018

10.4.3. Revenues by Inter and Intra city, 2018

10.4.4. Revenues by Market Structure (B2B, B2C and C2C), 2013 and 2018

10.4.5. Revenues by Region (Lagos, Abuja, Kano and Others), 2018

10.5. Competition Scenario in Nigeria CEP Market, 2018

10.6. Company Profiles Of Major Players in CEP Market, 2018

10.6.1. DHL Express

10.6.2. United Postal Service

10.6.3. GIG Logistics

10.6.4. Fed-Ex (Red Star Express)

10.6.5. Nipost (Nigerian Postal Service)

10.7. Nigeria CEP Logistics Market Future Projections, 2018-2023F

10.8. Nigeria CEP Market Future Segmentation, 2023F

10.8.1. Revenues by International and Domestic Shipments, 2023F

10.8.2. Revenues by Market Structure (B2B, B2C and C2C), 2023F

10.9. Analyst Recommendation on Nigeria CEP Market, 2018

11. Snapshot on Nigeria E-Commerce Logistics Market, 2018

11.1. Market Size, Overview, Major Products, Major Players, Strategies, Recent Trends, Future and Mobile Money Services

12. Nigeria Logistics and Warehousing Market Future Outlook and Projections, 2018-2023F By Service Mix

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