The Future of the Nigerian Construction Industry, 2020-2024: Emerging Trends, Market Opportunities, Investment Risks

DUBLIN, March 23, 2020 /PRNewswire/ -- The "Nigeria Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Opportunities in Top 10 Cities, and Risk Assessment" report has been added to ResearchAndMarkets.com's offering.

The building construction industry in Nigeria is expected to record a CAGR of 13.9% to reach NGN 10,671.3 billion by 2024. The residential construction industry in value terms increased at a CAGR of 4.2% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 12.5% over the forecast period.

This report provides data and trend analyses on building construction industry in Nigeria, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.

Report Scope

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Nigeria.

KPIs covered include the following:

• Market size by value
• Market size by volume of construction
• Number of units

Nigeria Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

• Housing type (multi family, single family)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in Nigeria
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)

Nigeria Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

• Office building (further broken down by Grade A, Grade B, and Grade C)
• Retail building
• Hospitality and luxury building
• Restaurant
• Entertainment
• Sports facility
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in Nigeria

Nigeria Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

• Manufacturing plants
• Chemical & pharmaceutical
• Metal & material processing
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in Nigeria

Nigeria Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by:

• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in Nigeria

Nigeria Infrastructure Construction Sectors: 10-year market size & forecast in value terms by:

• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development, maintenance)

Cities Covered

• Lagos
• Kano
• Ibadan
• Kaduna
• Port Harcourt
• Benin City
• Abuja
• Zaria
• Aba
• Jos

Reason to Buy

• In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Nigeria.
• Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period.
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
• City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.

Companies Mentioned

• Julius Berger Nigeria PLC
• Negris Ltd
• Cappa and D'Alberto PLC
• Nairda Ltd
• Reynolds Construction Company (Nigeria) Ltd
• Technova Construction Nigeria Ltd
• DANTATA & SAWOE Construction Company (Nigeria) Ltd
• Gitto Costruzioni Generali Nigeria Ltd
• Evomec Global Services Ltd
• C & C Construction Co. Limited
• TREVI Foundations Nigeria Ltd
• JAM Services Co Ltd
• Hammakopp Consortium Ltd
• Zakhem Construction (Nigeria) Ltd
• PW Nigeria Ltd
• G. Cappa PLC
• Chagoury Group
• Adroit Landstyle Ltd
• Energo Nigeria Ltd
• Setraco Nigeria Ltd
• Zerock Construction Nigeria Ltd

For more information about this report visit https://www.researchandmarkets.com/r/5nddxd

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