Product Code: ETC5370972 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Lumber Market is projected to witness mixed growth rate patterns during 2025 to 2029. Although the growth rate starts strong at 14.10% in 2025, it steadily loses momentum, ending at 12.92% by 2029.
The lumber market in Ethiopia is witnessing steady growth, supported by the increasing demand for wood products in construction and furniture industries. Ethiopia`s growing population and urbanization drive the need for residential and commercial buildings, which in turn fuels the demand for lumber. Additionally, the local furniture manufacturing sector is also contributing to the growth of the market. As Ethiopia continues to develop its infrastructure, the demand for quality lumber for building materials and woodworking applications is expected to continue to rise.
The lumber market in Ethiopia is growing due to the increasing demand for construction materials driven by urbanization and infrastructure development. As Ethiopias population grows and more people move to urban areas, the demand for housing, commercial buildings, and public infrastructure projects is rising. Lumber, being an essential material in the construction sector, is seeing a rise in demand. The governments support for sustainable forestry practices and the development of the local wood processing industry is further driving the growth of the lumber market in Ethiopia.
The Ethiopia lumber market is expanding due to increased construction activity and the growing demand for wood in furniture and interior design. Sustainable forestry practices and investments in the wood-processing industry are supporting market growth.
Ethiopia has an extensive forestry resource base that could be leveraged to grow its lumber market. The government is likely to develop policies that promote sustainable forestry practices and support the domestic production of lumber. These policies may include incentives for timber harvesting and processing companies that adhere to sustainable and environmentally friendly practices. Additionally, Ethiopia could offer subsidies for the construction of modern lumber processing facilities, aimed at increasing the domestic supply of lumber for construction, furniture manufacturing, and other industries. Policies could also focus on expanding the export market for Ethiopian lumber products.
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 Ethiopia Lumber Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Lumber Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Lumber Market - Industry Life Cycle |
3.4 Ethiopia Lumber Market - Porter's Five Forces |
3.5 Ethiopia Lumber Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ethiopia Lumber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ethiopia Lumber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ethiopia Lumber Market Trends |
6 Ethiopia Lumber Market Segmentations |
6.1 Ethiopia Lumber Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Lumber Market Revenues & Volume, By Hardwood Lumber, 2021-2031F |
6.1.3 Ethiopia Lumber Market Revenues & Volume, By Softwood Lumber, 2021-2031F |
6.2 Ethiopia Lumber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Lumber Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Ethiopia Lumber Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Ethiopia Lumber Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Ethiopia Lumber Market Revenues & Volume, By Moldings, 2021-2031F |
6.2.6 Ethiopia Lumber Market Revenues & Volume, By Others, 2021-2031F |
7 Ethiopia Lumber Market Import-Export Trade Statistics |
7.1 Ethiopia Lumber Market Export to Major Countries |
7.2 Ethiopia Lumber Market Imports from Major Countries |
8 Ethiopia Lumber Market Key Performance Indicators |
9 Ethiopia Lumber Market - Opportunity Assessment |
9.1 Ethiopia Lumber Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ethiopia Lumber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ethiopia Lumber Market - Competitive Landscape |
10.1 Ethiopia Lumber Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Lumber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |