Nigeria Formwork Market (2020-2026) | Industry, Value, Outlook, Share, COVID-19 IMPACT, Analysis, Companies, Forecast, Size, Growth, Trends & Revenue
Market Forecast By Product Type (Traditional timber formwork, Engineered Formwork System, Re-usable plastic formwork, Others), By Applications (Buildings, Transportation, Industrial Facilities) And Competitive Landscape
| Product Code: ETC011289 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria Formwork Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The Nigeria formwork import market continues to see strong growth, with top countries like China, Germany, Turkey, UK, and India dominating the shipments in 2024. The market concentration, as measured by the HHI, has significantly increased from high to very high levels between 2023 and 2024. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.61%, indicating a promising outlook for the formwork import market in Nigeria.
Nigeria Formwork Market Synopsis
The Nigeria formwork market is expected to grow significantly over the forecast period 2020-2026. The growth of this market is mainly driven by the increasing construction activities in Nigeria, rising government initiatives for infrastructure development, and growing demand from residential and commercial sectors. In addition, rapid urbanization, increased foreign investment in real estate projects as well as increased oil & gas industry activities are other major factors boosting the sectors growth.
Major companies operating in this industry include Doka Group Ltd., Peri GmbH & Co KG., Harsco Corporation (Mivan), ULMA Formwork Systems SLU, ATEK Building Technologies LLC, Mabey Bridge Ltd., Sky Climber Inc., AFS International BV, Z?blin Structural Engineering GmbH & Co. KG and EFCO Corporation among others.
Key Highlights of the Report:
- Nigeria Formwork Market Outlook
- Market Size of Nigeria Formwork Market, 2019
- Forecast of Nigeria Formwork Market, 2026
- Historical Data and Forecast of Nigeria Formwork Revenues & Volume for the Period 2016 - 2026
- Nigeria Formwork Market Trend Evolution
- Nigeria Formwork Market Drivers and Challenges
- Nigeria Formwork Price Trends
- Nigeria Formwork Porter's Five Forces
- Nigeria Formwork Industry Life Cycle
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Product Type for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Traditional timber formwork for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Engineered Formwork System for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Re-usable plastic formwork for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Applications for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Buildings for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Transportation for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Formwork Market Revenues & Volume By Industrial Facilities for the Period 2016 - 2026
- Nigeria Formwork Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Applications
- Nigeria Formwork Top Companies Market Share
- Nigeria Formwork Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Formwork Company Profiles
- Nigeria Formwork Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Formwork Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Formwork Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Formwork Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Formwork Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Formwork Market - Industry Life Cycle |
3.4 Nigeria Formwork Market - Porter's Five Forces |
3.5 Nigeria Formwork Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Nigeria Formwork Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Nigeria Formwork Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Formwork Market Trends |
6 Nigeria Formwork Market, By Types |
6.1 Nigeria Formwork Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Formwork Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Nigeria Formwork Market Revenues & Volume, By Traditional timber formwork, 2016 - 2026F |
6.1.4 Nigeria Formwork Market Revenues & Volume, By Engineered Formwork System, 2016 - 2026F |
6.1.5 Nigeria Formwork Market Revenues & Volume, By Re-usable plastic formwork, 2016 - 2026F |
6.1.6 Nigeria Formwork Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Nigeria Formwork Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Formwork Market Revenues & Volume, By Buildings, 2016 - 2026F |
6.2.3 Nigeria Formwork Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.2.4 Nigeria Formwork Market Revenues & Volume, By Industrial Facilities, 2016 - 2026F |
7 Nigeria Formwork Market Import-Export Trade Statistics |
7.1 Nigeria Formwork Market Export to Major Countries |
7.2 Nigeria Formwork Market Imports from Major Countries |
8 Nigeria Formwork Market Key Performance Indicators |
9 Nigeria Formwork Market - Opportunity Assessment |
9.1 Nigeria Formwork Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Nigeria Formwork Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Nigeria Formwork Market - Competitive Landscape |
10.1 Nigeria Formwork Market Revenue Share, By Companies, 2019 |
10.2 Nigeria Formwork Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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