Summary
Construction in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The construction market is defined as the value of work put in place annually, for both: residential and non-residential construction.
- The Nigerian construction industry had total revenues of $105,323.4bn in 2020, representing a compound annual growth rate (CAGR) of 24.5% between 2016 and 2020.
- The non-residential construction segment was the industry's most lucrative in 2020, with total revenues of $80,139.8bn, equivalent to 76.1% of the industry's overall value.
- The value of the Nigerian construction industry grew by 16.8% in 2020.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Nigeria
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria construction market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Nigeria construction market by value in 2020?
- What will be the size of the Nigeria construction market in 2025?
- What factors are affecting the strength of competition in the Nigeria construction market?
- How has the market performed over the last five years?
- Who are the top competitiors in Nigeria's construction market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. Are there any government initiatives currently in place which could have an impact on the market?
7.4. Which players are behind the biggest construction projects in the country?
8 Company Profiles
8.1. Julius Berger Nigeria Plc
8.2. Reynolds Construction Company (Nigeria) Ltd
8.3. Setraco Nigeria Ltd
8.4. China Civil Engineering Construction Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Nigeria construction industry value: $ million, 2016-20
Table 2: Nigeria construction industry category segmentation: $ million, 2020
Table 3: Nigeria construction industry geography segmentation: $ million, 2020
Table 4: Nigeria construction industry value forecast: $ million, 2020-25
Table 5: Julius Berger Nigeria Plc: key facts
Table 6: Julius Berger Nigeria Plc: Annual Financial Ratios
Table 7: Julius Berger Nigeria Plc: Key Employees
Table 8: Reynolds Construction Company (Nigeria) Ltd: key facts
Table 9: Reynolds Construction Company (Nigeria) Ltd: Key Employees
Table 10: Setraco Nigeria Ltd: key facts
Table 11: Setraco Nigeria Ltd: Key Employees
Table 12: China Civil Engineering Construction Corp: key facts
Table 13: China Civil Engineering Construction Corp: Key Employees
Table 14: Nigeria size of population (million), 2016-20
Table 15: Nigeria gdp (constant 2005 prices, $ billion), 2016-20
Table 16: Nigeria gdp (current prices, $ billion), 2016-20
Table 17: Nigeria inflation, 2016-20
Table 18: Nigeria consumer price index (absolute), 2016-20
Table 19: Nigeria exchange rate, 2016-20
List of Figures
Figure 1: Nigeria construction industry value: $ million, 2016-20
Figure 2: Nigeria construction industry category segmentation: % share, by value, 2020
Figure 3: Nigeria construction industry geography segmentation: % share, by value, 2020
Figure 4: Nigeria construction industry value forecast: $ million, 2020-25
Figure 5: Forces driving competition in the construction industry in Nigeria, 2020
Figure 6: Drivers of buyer power in the construction industry in Nigeria, 2020
Figure 7: Drivers of supplier power in the construction industry in Nigeria, 2020
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Nigeria, 2020
Figure 9: Factors influencing the threat of substitutes in the construction industry in Nigeria, 2020
Figure 10: Drivers of degree of rivalry in the construction industry in Nigeria, 2020
