Nigeria Air Freight Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

the Nigerian Air Freight Market Report is Segmented by Service (forwarding, Airlines, Mail, and Other Services), Destination (domestic and International), Carrier Type (belly Cargo and Freighter), and Geography (Asia-Pacific, North America, Europe, the Middle East and Africa, and Latin America). the Market Size and Forecasts for the Nigerian Air Freight Market are Provided in Terms of Value (USD) for all the Above Segments.

Nigeria Air Freight Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Nigeria Air Freight Market Size

Nigeria Air Freight Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.42 Billion
Market Size (2030) USD 6.45 Billion
CAGR (2025 - 2030) 13.54 %
Market Concentration Medium

Major Players

Nigeria Air Freight Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Nigeria Air Freight Market with other markets in Logistics Industry

Freight Transport

Freight Transportation Arrangement

Courier Express Parcel

Integrated Logistics

Cold Chain Logistics

Customers of Logistics Services

Nigeria Air Freight Market Analysis

The Nigeria Air Freight Market size is estimated at USD 3.42 billion in 2025, and is expected to reach USD 6.45 billion by 2030, at a CAGR of 13.54% during the forecast period (2025-2030).

Air cargo service providers are facing new difficulties as a result of the rising demand for air freight transportation services.

Despite rising freight shipping costs and some related difficulties, Nigeria has seen a significant increase in air freight throughputs.

According to a recent review of studies in Nigerian air transport, the analysis of passenger flow, aircraft movement, and flight operations with an emphasis on safety and security, as well as issues with policy and bilateral agreements, received more deliberate attention than the flow of air cargo. Even though they are not specifically designed for cargo, the majority of airlines rely heavily on them for revenue generation.

The scale of the domestic aircraft cargo market There are signs that the domestic cargo market is worth N40 billion (approx. USD 0.087 billion), from which the airlines and the government stand to profit greatly, even though the government ought to bridge the gap between the volume of air cargo imports and exports in the nation.

However, several issues, including a lack of updated equipment, corrupt immigration officials, and Nigerian customs, are impeding the sustainability of aviation logistics and air cargo lifting by airlines in Nigeria.

Nigeria Air Freight Industry Overview

The air freight market is mildly fragmented. Some of the major players in the market, who operate in many different parts of the world, dominate it. Air cargo service providers are facing new difficulties as a result of the rising demand for air freight transportation services. In order to offer services at a reasonable price, airlines must concentrate on implementing fuel-efficient solutions and incorporating cutting-edge technologies.

Nigeria Air Freight Market Leaders

  1. Value Handlers

  2. fob global logistics

  3. SGK global shipping services

  4. Homeland Cargo Services

  5. DHL

  6. *Disclaimer: Major Players sorted in no particular order
Nigeria Air Freight Market Concentration
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Nigeria Air Freight Market News

  • March 2023: The Nigerian government has established specific committees comprising executives from both public and private businesses to build and run airports with cutting-edge cargo infrastructure, which is helping the nation's air cargo competitiveness. The Federal Airports Authority of Nigeria (FAAN) recently established committees to address the primary obstacles that have continued to impede Nigeria's growth of its air cargo infrastructure to increase air cargo traffic and infrastructure. According to experts, Nigeria is possibly at a disadvantage in the developing free trade area known as the African Continental Free Trade Area (AfCFTA) because of several things that could be improved in its air cargo value chain.
  • May 2023: Nigerian exports of agricultural products are expected to see an increase in air cargo shipments. This is because people want to be able to get their food in its original form, without any of the chemicals and preservatives that come with them. According to the Federal Airports Authority of Nigeria (FAAN), Nigeria imports around 131 million tons of air cargo each year but only exports 16 million tons.

Nigeria Air FreightMarket Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.1.1 Passenger flows is driving the market
    • 4.2.1.2 Government Investments for the improvement of air freight is driving the market
    • 4.2.2 Restraints
    • 4.2.2.1 Rise in Fuel Prices
    • 4.2.3 Opportunities
    • 4.2.3.1 Technological Innovation
  • 4.3 Government Regulations and Initiatives
  • 4.4 Supply Chain/Value Chain Analysis
  • 4.5 Technology Snapshot and Digital Trends
  • 4.6 Spotlight on Key Commodities Transported by Air
  • 4.7 Elaboration on Air Freight Rates
  • 4.8 Spotlight on Heavy Cargo/Project Logistics in the Air Cargo Industry
  • 4.9 Insights into Key Ground Handling Equipment in Airports
  • 4.10 Review and Commentary on Standards and Regulations on the Safe Transport of Dangerous Goods
  • 4.11 Brief on Cold Chain Logistics in the Air Cargo Sector
  • 4.12 Porter's Five Forces Analysis
    • 4.12.1 Bargaining Power of Suppliers
    • 4.12.2 Bargaining Power of Consumers/Buyers
    • 4.12.3 Threat of New Entrants
    • 4.12.4 Threat of Substitute Products
    • 4.12.5 Intensity of Competitive Rivalry
  • 4.13 Impact of COVID-19 on the market

5. MARKET SEGMENTATION

  • 5.1 By Service
    • 5.1.1 Forwarding
    • 5.1.2 Airlines
    • 5.1.3 Mail
    • 5.1.4 Other Services
  • 5.2 By Destination
    • 5.2.1 Domestic
    • 5.2.2 International
  • 5.3 By Carrier Type
    • 5.3.1 Belly Cargo
    • 5.3.2 Freighter

6. COMPETITIVE LANDSCAPE

  • 6.1 Overview (Market Concentration and Major Players)
  • 6.2 Company Profiles
    • 6.2.1 Value Handlers
    • 6.2.2 fob global logistics
    • 6.2.3 SGK global shipping services
    • 6.2.4 Folams Freights
    • 6.2.5 Homeland Cargo Services
    • 6.2.6 DHL
    • 6.2.7 Air Tiger Express
    • 6.2.8 TruthKey Cargo Nigeria Limited
    • 6.2.9 Allied Air Cargo
    • 6.2.10 Cargoland Nigeria Limited
    • 6.2.11 Main Service Logistics
    • 6.2.12 UPS*
  • *List Not Exhaustive
  • 6.3 Other Companies in the Market

7. KEY VENDORS AND SUPPLIERS (AIRCRAFT MANUFACTURERS, TECHNOLOGY PROVIDERS, CARGO HANDLING EQUIPMENT MANUFACTURERS, ETC.) IN THE AIR CARGO INDUSTRY

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

9. APPENDIX

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Nigeria Air Freight Industry Segmentation

Moving products or consignments by air is known as air freight. The report provides a comprehensive background analysis of the Nigeria Air Freight market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the industry's competitive landscape. Additionally, the COVID-19 impact has been incorporated and considered during the study.

The Nigerian air freight market is segmented by service (forwarding, airlines, mail, and other services), destination (domestic and international), carrier type (belly cargo and freighter), and geography (Asia-Pacific, North America, Europe, the Middle East and Africa, and Latin America).

The report offers market size and forecasts for the Nigerian air freight market in terms of value (USD) for all the above segments.

By Service Forwarding
Airlines
Mail
Other Services
By Destination Domestic
International
By Carrier Type Belly Cargo
Freighter
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Nigeria Air FreightMarket Research FAQs

How big is the Nigeria Air Freight Market?

The Nigeria Air Freight Market size is expected to reach USD 3.42 billion in 2025 and grow at a CAGR of 13.54% to reach USD 6.45 billion by 2030.

What is the current Nigeria Air Freight Market size?

In 2025, the Nigeria Air Freight Market size is expected to reach USD 3.42 billion.

Who are the key players in Nigeria Air Freight Market?

Value Handlers, fob global logistics, SGK global shipping services, Homeland Cargo Services and DHL are the major companies operating in the Nigeria Air Freight Market.

What years does this Nigeria Air Freight Market cover, and what was the market size in 2024?

In 2024, the Nigeria Air Freight Market size was estimated at USD 2.96 billion. The report covers the Nigeria Air Freight Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Nigeria Air Freight Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Nigeria Air FreightIndustry Report

Statistics for the 2025 Nigeria Air Freight market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Nigeria Air Freight analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.