Product Code: ETC10539933 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
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 Contractor Insurance Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Contractor Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Contractor Insurance Market - Industry Life Cycle |
3.4 Nigeria Contractor Insurance Market - Porter's Five Forces |
3.5 Nigeria Contractor Insurance Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Contractor Insurance Market Revenues & Volume Share, By Insurance Type, 2021 & 2031F |
3.7 Nigeria Contractor Insurance Market Revenues & Volume Share, By Coverage Type, 2021 & 2031F |
3.8 Nigeria Contractor Insurance Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Contractor Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Nigeria |
4.2.2 Government regulations mandating insurance coverage for contractors |
4.2.3 Rising awareness about the importance of insurance among contractors and project owners |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuating currency exchange rates |
4.3.2 Limited insurance penetration and awareness in certain regions of Nigeria |
4.3.3 High competition among insurance providers leading to price wars and margin pressures |
5 Nigeria Contractor Insurance Market Trends |
6 Nigeria Contractor Insurance Market, By Types |
6.1 Nigeria Contractor Insurance Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Contractor Insurance Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Contractor Insurance Market Revenues & Volume, By Liability Insurance, 2021 - 2031F |
6.1.4 Nigeria Contractor Insurance Market Revenues & Volume, By Workers' Compensation, 2021 - 2031F |
6.1.5 Nigeria Contractor Insurance Market Revenues & Volume, By Surety Bond, 2021 - 2031F |
6.1.6 Nigeria Contractor Insurance Market Revenues & Volume, By Property Insurance, 2021 - 2031F |
6.2 Nigeria Contractor Insurance Market, By Insurance Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Contractor Insurance Market Revenues & Volume, By General Liability, 2021 - 2031F |
6.2.3 Nigeria Contractor Insurance Market Revenues & Volume, By Worker's Injury, 2021 - 2031F |
6.2.4 Nigeria Contractor Insurance Market Revenues & Volume, By Bond Insurance, 2021 - 2031F |
6.2.5 Nigeria Contractor Insurance Market Revenues & Volume, By Equipment Coverage, 2021 - 2031F |
6.3 Nigeria Contractor Insurance Market, By Coverage Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Contractor Insurance Market Revenues & Volume, By Property Damage, 2021 - 2031F |
6.3.3 Nigeria Contractor Insurance Market Revenues & Volume, By Medical Benefits, 2021 - 2031F |
6.3.4 Nigeria Contractor Insurance Market Revenues & Volume, By Financial Protection, 2021 - 2031F |
6.3.5 Nigeria Contractor Insurance Market Revenues & Volume, By Equipment & Property, 2021 - 2031F |
6.4 Nigeria Contractor Insurance Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Contractor Insurance Market Revenues & Volume, By Small Contractors, 2021 - 2031F |
6.4.3 Nigeria Contractor Insurance Market Revenues & Volume, By Construction Firms, 2021 - 2031F |
6.4.4 Nigeria Contractor Insurance Market Revenues & Volume, By Large Contractors, 2021 - 2031F |
6.4.5 Nigeria Contractor Insurance Market Revenues & Volume, By Home Builders, 2021 - 2031F |
7 Nigeria Contractor Insurance Market Import-Export Trade Statistics |
7.1 Nigeria Contractor Insurance Market Export to Major Countries |
7.2 Nigeria Contractor Insurance Market Imports from Major Countries |
8 Nigeria Contractor Insurance Market Key Performance Indicators |
8.1 Percentage growth in the number of contractor insurance policies sold |
8.2 Average premium per contractor insurance policy |
8.3 Customer retention rate for contractor insurance policies |
8.4 Claims settlement ratio for contractor insurance policies |
8.5 Percentage of contractors with insurance coverage in key construction sectors |
9 Nigeria Contractor Insurance Market - Opportunity Assessment |
9.1 Nigeria Contractor Insurance Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Contractor Insurance Market Opportunity Assessment, By Insurance Type, 2021 & 2031F |
9.3 Nigeria Contractor Insurance Market Opportunity Assessment, By Coverage Type, 2021 & 2031F |
9.4 Nigeria Contractor Insurance Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Contractor Insurance Market - Competitive Landscape |
10.1 Nigeria Contractor Insurance Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Contractor Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |