Nigeria Warehousing Market Outlook to 2023
By Operational Model, Open and Closed, End Users, Regulated and Unregulated, Regions, Integrated and Contract Warehouses
Region:Africa
Author(s):Apoorva Narula
Product Code:KR888
September 2019
69
About the Report
Nigeria Warehousing Market Overview and Size
Nigeria Warehousing Segmentation by End User: The Food and beverage industry has been dominating end user segment due to increasing trade of food products with Asian and European countries and growing middle class population in the country. Nigeria has set up Automotive Industry Development Plan to set up more automation industries in Nigeria. E commerce sector has been developing in the country and attracting a lot of customers.
Emergence of supermarkets and other stores are even contributing the growing retail market in the country. Nigerian government and private companies are contributors for increase in demand of cold storages 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 warehouse 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 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 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 pharmaceuticals industry by the government and private companies. However it is still at 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
Nigeria Warehousing Market Future Outlook and Projections
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
Products
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
Companies
Key Segments Covered
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
- DHL
- Bollore Transport and Logistics
- UPS ( United Postal Services)
- GMT Logistics
- MDS logistics
Table of Contents
1. Executive Summary
Nigeria Warehousing Market Overview and Size
Nigeria Warehousing Segmentation by End User
Nigeria Warehousing Segmentation by Type of Warehouse
Nigeria Warehousing Segmentation by Contract and Integrated Logistics
Nigeria Warehousing Segmentation by Operational Model
Nigeria Warehousing Segmentation by Region
Competitive Scenario in Nigeria Warehousing Market
Nigeria Warehousing Market Future Outlook and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Research Methodology
Limitations
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
3. Value Chain of Nigeria Warehousing Market, 2018
4. Nigeria Warehousing Market Overview, 2013-2018
4.1. Market Evolution, Growth Drivers, Issues and Challenges and Emerging Trends, 2013-2018
5. Nigeria Warehousing Market Size by Revenues, 2013-2018
6. Nigeria Warehousing Market Segmentation, 2018
6.1. Revenue By End User (Food and Beverages, Automotive, Consumer Retail, Health Care and Others), 2013 And 2018
6.2. Revenue By Type of Warehouse (Closed And Open Warehouses), 2013 And 2018
6.3. Revenue By Contract and Integrated Logistics, 2013 and 2018
6.4. Revenue By Operation Model (Industrial/Retail, ICD/CFS, Cold Storage and Agriculture), 2013 and 2018
6.5. Warehouses By Regions (Lagos, Ogun, Kano, Nassaraw and others), 2018
6.6. Revenue By Market Structure (Regulated and Unregulated), 2013 And 2018
7. Industry Norms And Regulations In The Nigeria Warehousing Market, 2018
8. Competitive Scenario in Nigeria Warehousing Market (Market Structure, Evolution, Competition Parameters, Strategies, Major Players), 2018
8.1. Warehousing Space of Major Players In Nigeria Warehousing Market, 2018
9. 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
9.1. DHL Global Forwarding
9.2. Bollore Transport and Logistics
9.3. MDS Logistics
9.4. UPS (United Postal Service)
9.5. GMT Logistics
10. Nigeria Warehousing Future Outlook, 2018- 2023E
11. Future Technological Development in Nigeria Warehousing Market
12. Nigeria Warehousing Future Market Segmentation, 2023E
12.1. Revenue By End User (Food and Beverages, Automotive, Consumer Retail, Healthcare And Others), 2023E
12.2. Revenue By Market Structure (Regulated and Unregulated), 2023E
12.3. Revenue By Integrated And Contract Logistics, 2023E
12.4. Revenue By Type Of Warehouses (Closed And Open), 2023E
12.5. Revenue By Operational Model (Industrial/Retail, ICD/CFS, Cold Storage and Agriculture), 2023E
13. Free Trade Zones And Industrial Parks
14. Analyst Recommendations
Disclaimer
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