Product Code: ETC045936 | Publication Date: Jan 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Ghana Plasterboard Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 9.35% in 2025, growth builds up to 15.51% by 2029.
By 2027, the Plasterboard market in Ghana is anticipated to reach a growth rate of 9.75%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The Ghana plasterboard market is experiencing steady growth due to the rising construction activities in the country, driven by urbanization and infrastructure development. Plasterboard is a popular choice for interior wall and ceiling applications in both residential and commercial buildings due to its ease of installation, cost-effectiveness, and fire-resistant properties. Major players in the Ghana plasterboard market include Gyproc, Knauf, and Lafarge, offering a range of products to meet the diverse needs of the construction industry. The increasing demand for sustainable and energy-efficient building materials is also influencing market trends, with a focus on eco-friendly plasterboard options. Overall, the Ghana plasterboard market is poised for further expansion as the construction sector continues to grow and modernize.
The Ghana plasterboard market is experiencing growth driven by factors such as rapid urbanization, increasing construction activities, and a growing focus on sustainable building materials. The demand for plasterboard is rising due to its advantages such as cost-effectiveness, ease of installation, and fire resistance. Additionally, the government`s initiatives to promote affordable housing and infrastructure development are further fueling market growth. There is also a shift towards using high-quality plasterboard products with enhanced properties such as improved acoustic performance and thermal insulation. As a result, manufacturers in the Ghana plasterboard market are focusing on innovation and product development to meet the evolving needs of the construction industry and capitalize on the growing demand for sustainable building solutions.
In the Ghana Plasterboard Market, some challenges faced include fluctuating raw material prices, inconsistent supply chain management, and limited consumer awareness about the benefits of using plasterboard in construction projects. The market is also impacted by the presence of cheaper alternatives such as asbestos sheets and plywood, which can hinder the growth of the plasterboard sector. Additionally, the construction industry in Ghana faces regulatory challenges and a lack of skilled labor, which can affect the demand for plasterboard products. Overall, overcoming these challenges requires companies in the plasterboard market to focus on product innovation, cost-effective manufacturing processes, and strategic marketing efforts to educate consumers about the advantages of using plasterboard in construction projects.
The Ghana plasterboard market presents attractive investment opportunities due to factors such as rapid urbanization, increasing construction activities, and growing demand for modern building materials. Investors can consider opportunities in manufacturing and distribution of plasterboard products to meet the rising demand from residential, commercial, and industrial construction projects. Additionally, there is potential for introducing innovative and sustainable plasterboard solutions to cater to the evolving needs of the market. Collaborating with local construction companies and developers can also provide avenues for growth and market penetration. Overall, investing in the Ghana plasterboard market offers the potential for long-term returns and growth in line with the country`s expanding construction sector.
The Ghanaian government has implemented policies to promote the use of locally produced plasterboards in the construction industry, aiming to reduce the country`s reliance on imported products. These policies include providing tax incentives and subsidies to local manufacturers, as well as imposing tariffs on imported plasterboards to make them less competitive in the market. Additionally, the government has set quality standards and regulations to ensure that locally produced plasterboards meet safety and performance requirements. These measures are part of the government`s broader strategy to boost the domestic manufacturing sector, create jobs, and promote economic growth in Ghana.
The Ghana plasterboard market is expected to witness significant growth in the coming years due to the increasing construction activities in the country. The growing demand for affordable and sustainable building materials, coupled with the government`s focus on infrastructure development, is driving the market expansion. Additionally, the rising trend towards modern and aesthetic interior designs in residential and commercial buildings is fueling the demand for plasterboard products. As the construction industry continues to grow and urbanization accelerates, the Ghana plasterboard market is projected to experience a steady increase in demand. Manufacturers in the market are likely to focus on product innovation, quality improvement, and expanding distribution networks to capitalize on the emerging opportunities in the sector.
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 Plasterboard Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Plasterboard Market Revenues & Volume, 2024 & 2031F |
3.3 Ghana Plasterboard Market - Industry Life Cycle |
3.4 Ghana Plasterboard Market - Porter's Five Forces |
3.5 Ghana Plasterboard Market Revenues & Volume Share, By Types, 2024 & 2031F |
3.6 Ghana Plasterboard Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Ghana Plasterboard Market Revenues & Volume Share, By End-users, 2024 & 2031F |
4 Ghana Plasterboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Plasterboard Market Trends |
6 Ghana Plasterboard Market, By Types |
6.1 Ghana Plasterboard Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Ghana Plasterboard Market Revenues & Volume, By Types, 2016 - 2031F |
6.1.3 Ghana Plasterboard Market Revenues & Volume, By Standard, 2016 - 2031F |
6.1.4 Ghana Plasterboard Market Revenues & Volume, By Fire-resistant, 2016 - 2031F |
6.1.5 Ghana Plasterboard Market Revenues & Volume, By Sound-insulated, 2016 - 2031F |
6.1.6 Ghana Plasterboard Market Revenues & Volume, By Moisture-resistant, 2016 - 2031F |
6.1.7 Ghana Plasterboard Market Revenues & Volume, By Thermal, 2016 - 2031F |
6.1.8 Ghana Plasterboard Market Revenues & Volume, By Specialist, 2016 - 2031F |
6.1.9 Ghana Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2016 - 2031F |
6.1.10 Ghana Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2016 - 2031F |
6.2 Ghana Plasterboard Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Ghana Plasterboard Market Revenues & Volume, By Tapered-edged, 2016 - 2031F |
6.2.3 Ghana Plasterboard Market Revenues & Volume, By Square-edged, 2016 - 2031F |
6.3 Ghana Plasterboard Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Ghana Plasterboard Market Revenues & Volume, By Residential, 2016 - 2031F |
6.3.3 Ghana Plasterboard Market Revenues & Volume, By Non-residential, 2016 - 2031F |
7 Ghana Plasterboard Market Import-Export Trade Statistics |
7.1 Ghana Plasterboard Market Export to Major Countries |
7.2 Ghana Plasterboard Market Imports from Major Countries |
8 Ghana Plasterboard Market Key Performance Indicators |
9 Ghana Plasterboard Market - Opportunity Assessment |
9.1 Ghana Plasterboard Market Opportunity Assessment, By Types, 2024 & 2031F |
9.2 Ghana Plasterboard Market Opportunity Assessment, By Form, 2024 & 2031F |
9.3 Ghana Plasterboard Market Opportunity Assessment, By End-users, 2024 & 2031F |
10 Ghana Plasterboard Market - Competitive Landscape |
10.1 Ghana Plasterboard Market Revenue Share, By Companies, 2024 |
10.2 Ghana Plasterboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |