Nigerian Building Construction Market to Record a CAGR of 13.9% Between 2020 & 2024

DUBLIN, March 24, 2020 /PRNewswire/ -- The "Nigeria Building 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.

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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 30+ 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

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 30+
        market segments and sub-segments of building 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/a90rni

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