Product Code: ETC101895 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Ghana Gypsum Plaster Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 6.27% in 2025, growth builds up to 7.78% by 2029.
The Gypsum Plaster market in Ghana is projected to grow at a growing growth rate of 6.13% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
The Ghana Gypsum Plaster Market is experiencing steady growth due to the increasing demand for construction materials in the country. Gypsum plaster, known for its versatility, durability, and ease of application, is widely used in the construction industry for wall and ceiling finishing. The market is being driven by the rise in construction activities, infrastructure development projects, and the growing trend towards sustainable building materials. Key players in the market are focusing on product innovation, quality improvement, and expanding their distribution networks to cater to the rising demand. Additionally, government initiatives to promote affordable housing and infrastructure development are further fueling the growth of the Ghana Gypsum Plaster Market.
The Ghana Gypsum Plaster Market is experiencing a growing demand due to the increasing construction activities in both residential and commercial sectors. The trend towards sustainable and eco-friendly building materials is also driving the adoption of gypsum plaster, as it is known for its durability and fire-resistant properties. Additionally, the versatility of gypsum plaster in terms of design aesthetics and ease of application is attracting architects and builders. Market players are focusing on introducing innovative products such as pre-mixed gypsum plaster to cater to the evolving needs of customers. The market is witnessing a shift towards mechanized application techniques to improve efficiency and quality of plastering work. Overall, the Ghana Gypsum Plaster Market is poised for steady growth in the coming years.
In the Ghana Gypsum Plaster Market, several challenges persist, including inconsistent quality of gypsum products, limited awareness among consumers and builders about the benefits of using gypsum plaster, and inadequate distribution channels for these products. The market is also highly competitive, with various players vying for market share, leading to pricing pressures and the need for companies to differentiate their offerings. Additionally, the construction industry in Ghana faces regulatory challenges and infrastructure constraints, which can impact the demand for gypsum plaster products. To succeed in this market, companies need to focus on improving product quality, educating consumers about the advantages of gypsum plaster, expanding distribution networks, and navigating the complexities of the construction sector in Ghana.
Investment opportunities in the Ghana Gypsum Plaster Market include setting up manufacturing plants to produce gypsum plaster locally, as the demand for this construction material is on the rise due to the growth in the real estate and infrastructure sectors in Ghana. Investing in distribution networks and marketing strategies to reach a wider customer base can also be lucrative. Additionally, exploring partnerships with construction companies, architects, and developers to promote the use of gypsum plaster in their projects can create long-term business opportunities. Furthermore, investing in research and development to innovate new gypsum plaster products with enhanced properties or eco-friendly features can help capture a niche market segment and stay ahead of the competition in Ghana`s construction industry.
The government of Ghana has implemented policies to promote the local production and utilization of gypsum plaster within the construction industry. These policies aim to reduce dependency on imported plaster products and boost the domestic manufacturing sector. The government has provided support to local gypsum producers through incentives such as tax breaks, subsidies, and access to funding. Additionally, regulations have been put in place to ensure quality standards and environmental sustainability in the production and use of gypsum plaster. Overall, these policies are geared towards fostering economic growth, job creation, and sustainable development within the Ghanaian gypsum plaster market.
The future outlook for the Ghana Gypsum Plaster Market appears promising, driven by increasing construction activities, growing demand for eco-friendly and sustainable building materials, and government initiatives to promote affordable housing. The market is expected to witness steady growth due to the benefits of gypsum plaster such as easy application, durability, and fire resistance. Additionally, the rising trend towards modern interior design and renovation projects in residential and commercial sectors is likely to boost the demand for gypsum plaster products. Manufacturers focusing on product innovation, quality improvement, and expanding distribution networks are expected to capitalize on the growing opportunities in the Ghana Gypsum Plaster Market. Overall, the market is anticipated to experience positive growth momentum in the coming years.
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 Ghana Gypsum Plaster Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Gypsum Plaster Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Gypsum Plaster Market - Industry Life Cycle |
3.4 Ghana Gypsum Plaster Market - Porter's Five Forces |
3.5 Ghana Gypsum Plaster Market Revenues & Volume Share, By Plaster System, 2021 & 2031F |
3.6 Ghana Gypsum Plaster Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Ghana Gypsum Plaster Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Ghana Gypsum Plaster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Gypsum Plaster Market Trends |
6 Ghana Gypsum Plaster Market, By Types |
6.1 Ghana Gypsum Plaster Market, By Plaster System |
6.1.1 Overview and Analysis |
6.1.2 Ghana Gypsum Plaster Market Revenues & Volume, By Plaster System, 2018 - 2027F |
6.1.3 Ghana Gypsum Plaster Market Revenues & Volume, By Manually-applied Plaster, 2018 - 2027F |
6.1.4 Ghana Gypsum Plaster Market Revenues & Volume, By Machine-applied Plaster, 2018 - 2027F |
6.1.5 Ghana Gypsum Plaster Market Revenues & Volume, By Finishes, 2018 - 2027F |
6.2 Ghana Gypsum Plaster Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Ghana Gypsum Plaster Market Revenues & Volume, By Natural Gypsum, 2018 - 2027F |
6.2.3 Ghana Gypsum Plaster Market Revenues & Volume, By Synthetic Gypsum, 2018 - 2027F |
6.3 Ghana Gypsum Plaster Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Ghana Gypsum Plaster Market Revenues & Volume, By Residential, 2018 - 2027F |
6.3.3 Ghana Gypsum Plaster Market Revenues & Volume, By Non-residential, 2018 - 2027F |
7 Ghana Gypsum Plaster Market Import-Export Trade Statistics |
7.1 Ghana Gypsum Plaster Market Export to Major Countries |
7.2 Ghana Gypsum Plaster Market Imports from Major Countries |
8 Ghana Gypsum Plaster Market Key Performance Indicators |
9 Ghana Gypsum Plaster Market - Opportunity Assessment |
9.1 Ghana Gypsum Plaster Market Opportunity Assessment, By Plaster System, 2021 & 2031F |
9.2 Ghana Gypsum Plaster Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Ghana Gypsum Plaster Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Ghana Gypsum Plaster Market - Competitive Landscape |
10.1 Ghana Gypsum Plaster Market Revenue Share, By Companies, 2021 |
10.2 Ghana Gypsum Plaster Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |