Summary Construction in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). 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 annual for both residential and non-residential construction.
- The Nigerian construction industry had total revenues of $44.9bn in 2019, representing a compound annual growth rate (CAGR) of -0.3% between 2015 and 2019.
- The non-residential segment was the industry’s most lucrative in 2019, with total revenues of $35.3bn, equivalent to 78.4% of the industry’s overall value.
- The construction industry is highly correlated with the construction material and house markets.
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
Reasons to Buy - What was the size of the Nigeria construction market by value in 2019?
- What will be the size of the Nigeria construction market in 2024?
- What factors are affecting the strength of competition in the Nigeria construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria’s construction market?
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