Key Insights
The Nigerian logistics market, valued at approximately $10.95 billion in 2025, is projected for significant expansion. The market is anticipated to grow at a compound annual growth rate (CAGR) of 6.57% from 2025 to 2033. Key growth drivers include the rapidly expanding e-commerce sector, which is increasing demand for efficient last-mile delivery, especially within the Courier, Express, and Parcel (CEP) segment. Furthermore, Nigeria's growing manufacturing and agricultural industries necessitate robust logistics networks for domestic and international goods transportation. Enhanced infrastructure investments, particularly in road networks and port facilities, are also improving logistics efficiency. However, challenges such as underdeveloped transportation infrastructure in some regions, bureaucratic complexities, and security concerns can impede timely and secure deliveries. Market segmentation highlights opportunities in temperature-controlled logistics for perishable goods and specialized logistics solutions for industries like oil and gas and mining. The competitive landscape features global players such as Maersk and CMA CGM Group alongside domestic companies like Red Star Express PL.
Logistics Market in Nigeria Market Size (In Billion)
The forecast period (2025-2033) predicts sustained growth fueled by ongoing e-commerce expansion, consistent economic development, and continuous logistics infrastructure enhancements. Overcoming existing infrastructure and security challenges will be vital for unlocking the market's full potential. Market segmentation by end-user industry and logistics function offers specific opportunities for various stakeholders, from temperature-controlled specialists to comprehensive 3PL providers. Intensified competition is expected as both international and domestic entities compete for market share. Strategic alliances and investments in advanced technologies, including route optimization software and real-time tracking systems, will be critical for success in this dynamic market.
Logistics Market in Nigeria Company Market Share
Logistics Market in Nigeria: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Nigerian logistics market, encompassing market size, growth trends, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base year and forecast period spanning 2025-2033. This report is crucial for industry professionals, investors, and strategic decision-makers seeking to understand and capitalize on opportunities within this dynamic market. The report utilizes a parent-child market structure to provide granular insights into various segments, including key logistics functions and end-user industries.
Logistics Market in Nigeria Market Dynamics & Structure
The Nigerian logistics market is characterized by a moderately concentrated landscape, with both large multinational corporations and smaller local players competing. Market concentration is estimated at xx%, with the top five players holding approximately xx% of the total market share in 2025. Technological innovation is a significant driver, fueled by the increasing adoption of digital solutions such as GPS tracking, warehouse management systems (WMS), and transportation management systems (TMS). However, limited digital literacy and infrastructure challenges pose significant barriers to widespread adoption. Regulatory frameworks, including customs procedures and transportation regulations, significantly influence market dynamics. The presence of substitute services, such as informal transportation networks, presents competitive challenges. The end-user demographics are diverse, reflecting Nigeria's varied economy. M&A activity has been relatively moderate in recent years, with an estimated xx M&A deals concluded between 2019 and 2024.
- Market Concentration: xx% in 2025 (estimated)
- Top 5 Players Market Share: xx% (estimated)
- M&A Deal Volume (2019-2024): xx deals
- Key Innovation Barriers: Digital literacy, infrastructure limitations, regulatory complexities
- Major Regulatory Frameworks: Customs procedures, transportation regulations
Logistics Market in Nigeria Growth Trends & Insights
The Nigerian logistics market is experiencing robust growth, driven by a rapidly expanding economy, rising e-commerce adoption, and increasing urbanization. The market size, valued at xx million units in 2025, is projected to reach xx million units by 2033, exhibiting a CAGR of xx% during the forecast period. This growth is fueled by increasing demand for efficient and reliable logistics services across various sectors. Technological disruptions, particularly in areas such as automation and digitalization, are transforming the industry. Consumer behavior shifts toward online shopping are further contributing to the market's expansion. The penetration rate of technologically advanced logistics solutions is currently at xx%, expected to reach xx% by 2033.
Dominant Regions, Countries, or Segments in Logistics Market in Nigeria
The wholesale and retail trade sector emerges as the dominant end-user industry, accounting for xx% of the market share in 2025. Its high growth is driven by the expanding e-commerce sector and the increasing need for efficient last-mile delivery solutions. The manufacturing sector also contributes significantly, representing xx% of market share, as it demands reliable and timely movement of raw materials and finished goods. Within logistics functions, courier, express, and parcel (CEP) services demonstrate the highest growth, owing to the rise of e-commerce, projected to hold xx% of the market share in 2025.
- Dominant End-User Industry: Wholesale and Retail Trade (xx% market share in 2025)
- Key Growth Driver for Wholesale & Retail: E-commerce expansion, last-mile delivery needs
- Second Largest End-User Industry: Manufacturing (xx% market share in 2025)
- Fastest-Growing Logistics Function: Courier, Express, and Parcel (CEP) (xx% market share in 2025)
Logistics Market in Nigeria Product Landscape
The Nigerian logistics market is witnessing the introduction of innovative products and services, driven by the need for improved efficiency, cost reduction, and enhanced transparency. Advanced technologies such as AI-powered route optimization tools, blockchain-based supply chain traceability systems, and autonomous delivery vehicles are gaining traction. These innovations offer unique selling propositions centered on faster delivery times, reduced operational costs, and enhanced security.
Key Drivers, Barriers & Challenges in Logistics Market in Nigeria
Key Drivers: The expanding economy, increasing e-commerce adoption, and infrastructural development projects are key market drivers. Government initiatives aimed at improving the ease of doing business also contribute to growth.
Key Challenges: Poor infrastructure (road networks, port efficiency), security concerns, high fuel costs, and regulatory inconsistencies pose significant challenges. These factors lead to increased operational costs and delivery delays, limiting market expansion. For example, poor road conditions increase transportation time and damage goods, while security issues lead to increased insurance costs.
Emerging Opportunities in Logistics Market in Nigeria
Untapped markets exist in rural areas, necessitating the development of cost-effective and accessible logistics solutions. The growth of e-commerce presents significant opportunities for last-mile delivery services and specialized logistics solutions, like temperature-controlled transportation for perishable goods. Focusing on sustainable practices and green logistics also offers potential for market growth.
Growth Accelerators in the Logistics Market in Nigeria Industry
Technological advancements, strategic collaborations between logistics providers and technology companies, and government investments in infrastructure development represent significant growth accelerators. Expansion into underserved markets and specialization in niche logistics areas (e.g., healthcare logistics) also promise significant growth.
Key Players Shaping the Logistics Market in Nigeria Market
- A P Moller - Maersk (Maersk)
- Fortune Global Shipping and Logistics Limited
- JOF Nigeria Limited
- MDS Logistics
- Gulf Agency Company (GAC) (GAC)
- AfriGlobal logistics
- Africa Access 3PL Limited
- GWX Logistics
- Bolloré Group (Bolloré)
- GIG Logistics (GIG Logistics)
- Hapag-Lloyd (Hapag-Lloyd)
- Red Star Express PL
- CMA CGM Group (CMA CGM)
Notable Milestones in Logistics Market in Nigeria Sector
- September 2022: CEVA Logistics expanded its SKYCAPACITY Program, adding five air freight locations certified under the CEIV Lithium Battery Program.
- November 2022: GIG Logistics purchased two ATR 72-500 freighters to meet growing e-commerce demand.
- March 2023: Maersk announced the divestment of Maersk Supply Service (MSS) to focus on integrated logistics.
In-Depth Logistics Market in Nigeria Market Outlook
The Nigerian logistics market presents a compelling investment opportunity, driven by long-term growth prospects fueled by infrastructure development, e-commerce growth, and government support. Strategic partnerships, technological advancements, and a focus on sustainable practices will be key to success in this dynamic and rapidly evolving market. The market is poised for significant expansion, with opportunities for both established players and new entrants.
Logistics Market in Nigeria Segmentation
-
1. End User Industry
- 1.1. Agriculture, Fishing, and Forestry
- 1.2. Construction
- 1.3. Manufacturing
- 1.4. Oil and Gas, Mining and Quarrying
- 1.5. Wholesale and Retail Trade
- 1.6. Others
-
2. Logistics Function
-
2.1. Courier, Express, and Parcel (CEP)
-
2.1.1. By Destination Type
- 2.1.1.1. Domestic
- 2.1.1.2. International
-
2.1.1. By Destination Type
-
2.2. Freight Forwarding
-
2.2.1. By Mode Of Transport
- 2.2.1.1. Air
- 2.2.1.2. Sea and Inland Waterways
- 2.2.1.3. Others
-
2.2.1. By Mode Of Transport
-
2.3. Freight Transport
- 2.3.1. Pipelines
- 2.3.2. Rail
- 2.3.3. Road
-
2.4. Warehousing and Storage
-
2.4.1. By Temperature Control
- 2.4.1.1. Non-Temperature Controlled
-
2.4.1. By Temperature Control
- 2.5. Other Services
-
2.1. Courier, Express, and Parcel (CEP)
Logistics Market in Nigeria Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Logistics Market in Nigeria Regional Market Share
Geographic Coverage of Logistics Market in Nigeria
Logistics Market in Nigeria REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 6.57% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing trade relations; Increased demand for perishable goods
- 3.3. Market Restrains
- 3.3.1. Cargo theft; High cost of maintainig
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Agriculture, Fishing, and Forestry
- 5.1.2. Construction
- 5.1.3. Manufacturing
- 5.1.4. Oil and Gas, Mining and Quarrying
- 5.1.5. Wholesale and Retail Trade
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Logistics Function
- 5.2.1. Courier, Express, and Parcel (CEP)
- 5.2.1.1. By Destination Type
- 5.2.1.1.1. Domestic
- 5.2.1.1.2. International
- 5.2.1.1. By Destination Type
- 5.2.2. Freight Forwarding
- 5.2.2.1. By Mode Of Transport
- 5.2.2.1.1. Air
- 5.2.2.1.2. Sea and Inland Waterways
- 5.2.2.1.3. Others
- 5.2.2.1. By Mode Of Transport
- 5.2.3. Freight Transport
- 5.2.3.1. Pipelines
- 5.2.3.2. Rail
- 5.2.3.3. Road
- 5.2.4. Warehousing and Storage
- 5.2.4.1. By Temperature Control
- 5.2.4.1.1. Non-Temperature Controlled
- 5.2.4.1. By Temperature Control
- 5.2.5. Other Services
- 5.2.1. Courier, Express, and Parcel (CEP)
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. North America Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by End User Industry
- 6.1.1. Agriculture, Fishing, and Forestry
- 6.1.2. Construction
- 6.1.3. Manufacturing
- 6.1.4. Oil and Gas, Mining and Quarrying
- 6.1.5. Wholesale and Retail Trade
- 6.1.6. Others
- 6.2. Market Analysis, Insights and Forecast - by Logistics Function
- 6.2.1. Courier, Express, and Parcel (CEP)
- 6.2.1.1. By Destination Type
- 6.2.1.1.1. Domestic
- 6.2.1.1.2. International
- 6.2.1.1. By Destination Type
- 6.2.2. Freight Forwarding
- 6.2.2.1. By Mode Of Transport
- 6.2.2.1.1. Air
- 6.2.2.1.2. Sea and Inland Waterways
- 6.2.2.1.3. Others
- 6.2.2.1. By Mode Of Transport
- 6.2.3. Freight Transport
- 6.2.3.1. Pipelines
- 6.2.3.2. Rail
- 6.2.3.3. Road
- 6.2.4. Warehousing and Storage
- 6.2.4.1. By Temperature Control
- 6.2.4.1.1. Non-Temperature Controlled
- 6.2.4.1. By Temperature Control
- 6.2.5. Other Services
- 6.2.1. Courier, Express, and Parcel (CEP)
- 6.1. Market Analysis, Insights and Forecast - by End User Industry
- 7. South America Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by End User Industry
- 7.1.1. Agriculture, Fishing, and Forestry
- 7.1.2. Construction
- 7.1.3. Manufacturing
- 7.1.4. Oil and Gas, Mining and Quarrying
- 7.1.5. Wholesale and Retail Trade
- 7.1.6. Others
- 7.2. Market Analysis, Insights and Forecast - by Logistics Function
- 7.2.1. Courier, Express, and Parcel (CEP)
- 7.2.1.1. By Destination Type
- 7.2.1.1.1. Domestic
- 7.2.1.1.2. International
- 7.2.1.1. By Destination Type
- 7.2.2. Freight Forwarding
- 7.2.2.1. By Mode Of Transport
- 7.2.2.1.1. Air
- 7.2.2.1.2. Sea and Inland Waterways
- 7.2.2.1.3. Others
- 7.2.2.1. By Mode Of Transport
- 7.2.3. Freight Transport
- 7.2.3.1. Pipelines
- 7.2.3.2. Rail
- 7.2.3.3. Road
- 7.2.4. Warehousing and Storage
- 7.2.4.1. By Temperature Control
- 7.2.4.1.1. Non-Temperature Controlled
- 7.2.4.1. By Temperature Control
- 7.2.5. Other Services
- 7.2.1. Courier, Express, and Parcel (CEP)
- 7.1. Market Analysis, Insights and Forecast - by End User Industry
- 8. Europe Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by End User Industry
- 8.1.1. Agriculture, Fishing, and Forestry
- 8.1.2. Construction
- 8.1.3. Manufacturing
- 8.1.4. Oil and Gas, Mining and Quarrying
- 8.1.5. Wholesale and Retail Trade
- 8.1.6. Others
- 8.2. Market Analysis, Insights and Forecast - by Logistics Function
- 8.2.1. Courier, Express, and Parcel (CEP)
- 8.2.1.1. By Destination Type
- 8.2.1.1.1. Domestic
- 8.2.1.1.2. International
- 8.2.1.1. By Destination Type
- 8.2.2. Freight Forwarding
- 8.2.2.1. By Mode Of Transport
- 8.2.2.1.1. Air
- 8.2.2.1.2. Sea and Inland Waterways
- 8.2.2.1.3. Others
- 8.2.2.1. By Mode Of Transport
- 8.2.3. Freight Transport
- 8.2.3.1. Pipelines
- 8.2.3.2. Rail
- 8.2.3.3. Road
- 8.2.4. Warehousing and Storage
- 8.2.4.1. By Temperature Control
- 8.2.4.1.1. Non-Temperature Controlled
- 8.2.4.1. By Temperature Control
- 8.2.5. Other Services
- 8.2.1. Courier, Express, and Parcel (CEP)
- 8.1. Market Analysis, Insights and Forecast - by End User Industry
- 9. Middle East & Africa Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by End User Industry
- 9.1.1. Agriculture, Fishing, and Forestry
- 9.1.2. Construction
- 9.1.3. Manufacturing
- 9.1.4. Oil and Gas, Mining and Quarrying
- 9.1.5. Wholesale and Retail Trade
- 9.1.6. Others
- 9.2. Market Analysis, Insights and Forecast - by Logistics Function
- 9.2.1. Courier, Express, and Parcel (CEP)
- 9.2.1.1. By Destination Type
- 9.2.1.1.1. Domestic
- 9.2.1.1.2. International
- 9.2.1.1. By Destination Type
- 9.2.2. Freight Forwarding
- 9.2.2.1. By Mode Of Transport
- 9.2.2.1.1. Air
- 9.2.2.1.2. Sea and Inland Waterways
- 9.2.2.1.3. Others
- 9.2.2.1. By Mode Of Transport
- 9.2.3. Freight Transport
- 9.2.3.1. Pipelines
- 9.2.3.2. Rail
- 9.2.3.3. Road
- 9.2.4. Warehousing and Storage
- 9.2.4.1. By Temperature Control
- 9.2.4.1.1. Non-Temperature Controlled
- 9.2.4.1. By Temperature Control
- 9.2.5. Other Services
- 9.2.1. Courier, Express, and Parcel (CEP)
- 9.1. Market Analysis, Insights and Forecast - by End User Industry
- 10. Asia Pacific Logistics Market in Nigeria Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by End User Industry
- 10.1.1. Agriculture, Fishing, and Forestry
- 10.1.2. Construction
- 10.1.3. Manufacturing
- 10.1.4. Oil and Gas, Mining and Quarrying
- 10.1.5. Wholesale and Retail Trade
- 10.1.6. Others
- 10.2. Market Analysis, Insights and Forecast - by Logistics Function
- 10.2.1. Courier, Express, and Parcel (CEP)
- 10.2.1.1. By Destination Type
- 10.2.1.1.1. Domestic
- 10.2.1.1.2. International
- 10.2.1.1. By Destination Type
- 10.2.2. Freight Forwarding
- 10.2.2.1. By Mode Of Transport
- 10.2.2.1.1. Air
- 10.2.2.1.2. Sea and Inland Waterways
- 10.2.2.1.3. Others
- 10.2.2.1. By Mode Of Transport
- 10.2.3. Freight Transport
- 10.2.3.1. Pipelines
- 10.2.3.2. Rail
- 10.2.3.3. Road
- 10.2.4. Warehousing and Storage
- 10.2.4.1. By Temperature Control
- 10.2.4.1.1. Non-Temperature Controlled
- 10.2.4.1. By Temperature Control
- 10.2.5. Other Services
- 10.2.1. Courier, Express, and Parcel (CEP)
- 10.1. Market Analysis, Insights and Forecast - by End User Industry
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 A P Moller - Maersk
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Fortune Global Shipping and Logistics Limited
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 JOF Nigeria Limited
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 MDS Logistics
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Gulf Agency Company (GAC)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 AfriGlobal logistics
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Africa Access 3PL Limited
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 GWX Logistics
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Bolloré Group
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 GIG Logistics
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Hapag-Lloyd
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Red Star Express PL
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 CMA CGM Group
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 A P Moller - Maersk
List of Figures
- Figure 1: Global Logistics Market in Nigeria Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America Logistics Market in Nigeria Revenue (billion), by End User Industry 2025 & 2033
- Figure 3: North America Logistics Market in Nigeria Revenue Share (%), by End User Industry 2025 & 2033
- Figure 4: North America Logistics Market in Nigeria Revenue (billion), by Logistics Function 2025 & 2033
- Figure 5: North America Logistics Market in Nigeria Revenue Share (%), by Logistics Function 2025 & 2033
- Figure 6: North America Logistics Market in Nigeria Revenue (billion), by Country 2025 & 2033
- Figure 7: North America Logistics Market in Nigeria Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America Logistics Market in Nigeria Revenue (billion), by End User Industry 2025 & 2033
- Figure 9: South America Logistics Market in Nigeria Revenue Share (%), by End User Industry 2025 & 2033
- Figure 10: South America Logistics Market in Nigeria Revenue (billion), by Logistics Function 2025 & 2033
- Figure 11: South America Logistics Market in Nigeria Revenue Share (%), by Logistics Function 2025 & 2033
- Figure 12: South America Logistics Market in Nigeria Revenue (billion), by Country 2025 & 2033
- Figure 13: South America Logistics Market in Nigeria Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe Logistics Market in Nigeria Revenue (billion), by End User Industry 2025 & 2033
- Figure 15: Europe Logistics Market in Nigeria Revenue Share (%), by End User Industry 2025 & 2033
- Figure 16: Europe Logistics Market in Nigeria Revenue (billion), by Logistics Function 2025 & 2033
- Figure 17: Europe Logistics Market in Nigeria Revenue Share (%), by Logistics Function 2025 & 2033
- Figure 18: Europe Logistics Market in Nigeria Revenue (billion), by Country 2025 & 2033
- Figure 19: Europe Logistics Market in Nigeria Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa Logistics Market in Nigeria Revenue (billion), by End User Industry 2025 & 2033
- Figure 21: Middle East & Africa Logistics Market in Nigeria Revenue Share (%), by End User Industry 2025 & 2033
- Figure 22: Middle East & Africa Logistics Market in Nigeria Revenue (billion), by Logistics Function 2025 & 2033
- Figure 23: Middle East & Africa Logistics Market in Nigeria Revenue Share (%), by Logistics Function 2025 & 2033
- Figure 24: Middle East & Africa Logistics Market in Nigeria Revenue (billion), by Country 2025 & 2033
- Figure 25: Middle East & Africa Logistics Market in Nigeria Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific Logistics Market in Nigeria Revenue (billion), by End User Industry 2025 & 2033
- Figure 27: Asia Pacific Logistics Market in Nigeria Revenue Share (%), by End User Industry 2025 & 2033
- Figure 28: Asia Pacific Logistics Market in Nigeria Revenue (billion), by Logistics Function 2025 & 2033
- Figure 29: Asia Pacific Logistics Market in Nigeria Revenue Share (%), by Logistics Function 2025 & 2033
- Figure 30: Asia Pacific Logistics Market in Nigeria Revenue (billion), by Country 2025 & 2033
- Figure 31: Asia Pacific Logistics Market in Nigeria Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 2: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 3: Global Logistics Market in Nigeria Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 5: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 6: Global Logistics Market in Nigeria Revenue billion Forecast, by Country 2020 & 2033
- Table 7: United States Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 8: Canada Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 9: Mexico Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 11: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 12: Global Logistics Market in Nigeria Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Brazil Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 14: Argentina Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 15: Rest of South America Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 17: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 18: Global Logistics Market in Nigeria Revenue billion Forecast, by Country 2020 & 2033
- Table 19: United Kingdom Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 20: Germany Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 21: France Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: Italy Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 23: Spain Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: Russia Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: Benelux Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Nordics Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 27: Rest of Europe Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 28: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 29: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 30: Global Logistics Market in Nigeria Revenue billion Forecast, by Country 2020 & 2033
- Table 31: Turkey Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Israel Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 33: GCC Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: North Africa Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 35: South Africa Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: Rest of Middle East & Africa Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Global Logistics Market in Nigeria Revenue billion Forecast, by End User Industry 2020 & 2033
- Table 38: Global Logistics Market in Nigeria Revenue billion Forecast, by Logistics Function 2020 & 2033
- Table 39: Global Logistics Market in Nigeria Revenue billion Forecast, by Country 2020 & 2033
- Table 40: China Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 41: India Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: Japan Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 43: South Korea Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 44: ASEAN Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 45: Oceania Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: Rest of Asia Pacific Logistics Market in Nigeria Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Logistics Market in Nigeria?
The projected CAGR is approximately 6.57%.
2. Which companies are prominent players in the Logistics Market in Nigeria?
Key companies in the market include A P Moller - Maersk, Fortune Global Shipping and Logistics Limited, JOF Nigeria Limited, MDS Logistics, Gulf Agency Company (GAC), AfriGlobal logistics, Africa Access 3PL Limited, GWX Logistics, Bolloré Group, GIG Logistics, Hapag-Lloyd, Red Star Express PL, CMA CGM Group.
3. What are the main segments of the Logistics Market in Nigeria?
The market segments include End User Industry, Logistics Function.
4. Can you provide details about the market size?
The market size is estimated to be USD 10.95 billion as of 2022.
5. What are some drivers contributing to market growth?
Growing trade relations; Increased demand for perishable goods.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Cargo theft; High cost of maintainig.
8. Can you provide examples of recent developments in the market?
March 2023: Maersk announced an intended divestment of Maersk Supply Service (MSS), a provider of global offshore marine services and project solutions for the energy sector. It took this step to help Maersk Supply Service continue further development of new solutions for the green transition of the offshore sector under new long-term ownership. It also marks the completion of its decision to divest all energy-related activities and focus on truly integrated logistics.November 2022: GIG signed up to purchase two ATR 72-500 freighters as it looks to meet growing e-commerce demand and expand its air freight services in Africa.September 2022: CEVA Logistics expanded its owned and controlled SKYCAPACITY Program and added five more stations to its network of air freight locations certified under the CEIV Lithium Battery Program.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Logistics Market in Nigeria," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Logistics Market in Nigeria report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Logistics Market in Nigeria?
To stay informed about further developments, trends, and reports in the Logistics Market in Nigeria, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence