Travel & Tourism in Nigeria

  • ID: 4465680
  • Report
  • Region: Nigeria
  • 31 pages
  • MarketLine
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Travel & Tourism in Nigeria

Summary

Travel & Tourism in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Nigeria travel & tourism market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights
  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
  • The Nigerian travel & tourism industry is expected to generate total revenues of $19.2bn in 2017, representing a compound annual growth rate (CAGR) of 2.2% between 2013 and 2017.
  • The foodservice segment is expected to be the industry's most lucrative in 2017, with total revenues of $10.6bn, equivalent to 54.8% of the industry's overall value.
  • KFC, the largest fast-food chain restaurant in Africa, is seeking an expansion in Nigeria. However, the costs of doing so probably act as a deterrent. KFC runs a premium to operate in the country and racks up a large import bill by importing potatoes.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Nigeria
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria travel & tourism market with five year forecasts
Reasons to buy
  • What was the size of the Nigeria travel & tourism market by value in 2017?
  • What will be the size of the Nigeria travel & tourism market in 2022?
  • What factors are affecting the strength of competition in the Nigeria travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's travel & tourism market?
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Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Aero Contractors Company of Nigeria Limited
Best Western International Inc
McDonald’s Corporation
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related research
Appendix
About the Author

List of Tables
Table 1: Nigeria travel & tourism industry value: $ billion, 2013-17(e)
Table 2: Nigeria travel & tourism industry category segmentation: $ billion, 2017(e)
Table 3: Nigeria travel & tourism industry geography segmentation: $ billion, 2017(e)
Table 4: Nigeria travel & tourism industry value forecast: $ billion, 2017-22
Table 5: Aero Contractors Company of Nigeria Limited: key facts
Table 6: Best Western International Inc: key facts
Table 7: McDonald’s Corporation: key facts
Table 8: McDonald’s Corporation: key financials ($)
Table 9: McDonald’s Corporation: key financial ratios
Table 10: Nigeria size of population (million), 2013-17
Table 11: Nigeria gdp (constant 2005 prices, $ billion), 2013-17
Table 12: Nigeria gdp (current prices, $ billion), 2013-17
Table 13: Nigeria inflation, 2013-17
Table 14: Nigeria consumer price index (absolute), 2013-17
Table 15: Nigeria exchange rate, 2013-17

List of Figures
Figure 1: Nigeria travel & tourism industry value: $ billion, 2013-17(e)
Figure 2: Nigeria travel & tourism industry category segmentation: % share, by value, 2017(e)
Figure 3: Nigeria travel & tourism industry geography segmentation: % share, by value, 2017(e)
Figure 4: Nigeria travel & tourism industry value forecast: $ billion, 2017-22
Figure 5: Forces driving competition in the travel & tourism industry in Nigeria, 2017
Figure 6: Drivers of buyer power in the travel & tourism industry in Nigeria, 2017
Figure 7: Drivers of supplier power in the travel & tourism industry in Nigeria, 2017
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Nigeria, 2017
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Nigeria, 2017
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Nigeria, 2017
Figure 11: McDonald’s Corporation: revenues & profitability
Figure 12: McDonald’s Corporation: assets & liabilities
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  • Aero Contractors Company of Nigeria Limited
  • Best Western International Inc
  • McDonald’s Corporation
Note: Product cover images may vary from those shown
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