| Product Code: ETC340736 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Ghana Plywood Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 10.31% in 2025, growth builds up to 13.98% by 2029.

In the Africa region, the Plywood market in Ghana is projected to expand at a growing growth rate of 9.84% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

The Ghana Plywood Market is experiencing steady growth driven by increasing demand in the construction and furniture industries. Ghana`s rich timber resources, particularly the high-quality tropical hardwoods, contribute to the country`s position as a key player in the plywood market. The market is characterized by a mix of local producers and international companies operating in the region. Ghana`s plywood products are known for their durability, strength, and aesthetic appeal, making them popular both domestically and in export markets. However, challenges such as illegal logging practices and sustainability concerns pose risks to the industry`s long-term growth. Overall, the Ghana Plywood Market offers opportunities for expansion and innovation as it continues to meet the growing demand for high-quality wood products.
The Ghana Plywood Market is experiencing several trends. Demand for plywood in Ghana is increasing due to growth in the construction and furniture industries. There is a rising preference for sustainable and eco-friendly plywood products, leading to a shift towards sourcing plywood from responsibly managed forests. The market is also witnessing a trend towards the use of high-quality, durable plywood for long-lasting applications. Additionally, technological advancements in plywood manufacturing processes are improving the quality and performance of plywood products in Ghana. Overall, the market is moving towards offering a wider range of plywood options to cater to diverse customer needs, including different sizes, grades, and finishes.
In the Ghana Plywood Market, challenges such as fluctuating raw material prices, limited access to sustainable timber sources, and competition from imported plywood pose significant hurdles for local manufacturers. Additionally, inadequate infrastructure and high production costs hinder the growth of the industry. Quality control issues and lack of standardized grading systems also affect consumer confidence in the products. Moreover, the informal sector`s dominance in the market leads to unfair competition for registered plywood producers. Addressing these challenges will require collaboration between government agencies, industry stakeholders, and international organizations to promote sustainable forestry practices, improve infrastructure, and enhance regulatory frameworks to ensure the long-term viability and competitiveness of the Ghana Plywood Market.
The Ghana Plywood Market presents promising investment opportunities due to increasing demand driven by the construction and furniture industries. With the country`s growing economy, there is a rising need for quality plywood products for various residential and commercial projects. Investors can consider opportunities in plywood manufacturing companies to cater to the local market and potentially expand to serve regional markets. Additionally, there is a potential for exporting plywood products to neighboring countries, leveraging Ghana`s strategic location in West Africa. Investing in the Ghana Plywood Market offers the potential for long-term growth and profitability, especially with the government`s focus on infrastructure development and the construction sector`s continuous expansion.
The Ghana government has implemented policies to regulate the plywood market, aiming to promote sustainable forestry practices and ensure environmental conservation. These policies include the requirement for plywood manufacturers to obtain permits and adhere to strict guidelines for sourcing wood from sustainably managed forests. Additionally, there are regulations in place to monitor and control the export of plywood to protect local resources and promote domestic production. The government also provides support and incentives for companies that invest in modern technology and practices to enhance the quality and efficiency of plywood production. Overall, these policies aim to balance economic growth in the plywood industry with environmental sustainability and local resource management in Ghana.
The Ghana Plywood Market is expected to witness steady growth in the coming years due to increasing construction activities, urbanization, and infrastructure development projects in the region. The demand for plywood is driven by its versatility, durability, and cost-effectiveness in various applications such as furniture, interior decoration, and packaging. Additionally, the growing focus on sustainable and eco-friendly building materials is likely to further boost the market, as plywood is considered a renewable resource. However, challenges such as fluctuating raw material prices, regulatory changes, and competition from alternative materials may impact market growth. Overall, with the construction sector poised for expansion and the increasing adoption of plywood in various industries, the Ghana Plywood Market is expected to experience a positive trajectory in the foreseeable future.
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 Plywood Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Plywood Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Plywood Market - Industry Life Cycle |
3.4 Ghana Plywood Market - Porter's Five Forces |
3.5 Ghana Plywood Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 Ghana Plywood Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Ghana Plywood Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Ghana Plywood Market Revenues & Volume Share, By Wood Type, 2021 & 2031F |
3.9 Ghana Plywood Market Revenues & Volume Share, By Number of Ply, 2021 & 2031F |
3.10 Ghana Plywood Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
3.11 Ghana Plywood Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Ghana Plywood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Ghana leading to increased demand for plywood |
4.2.2 Rise in infrastructure development projects driving the consumption of plywood |
4.2.3 Advancements in plywood manufacturing technologies leading to improved product quality |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost of plywood production |
4.3.2 Competition from alternative building materials such as steel and concrete |
4.3.3 Regulatory challenges related to forest conservation and sustainability practices affecting the plywood industry |
5 Ghana Plywood Market Trends |
6 Ghana Plywood Market, By Types |
6.1 Ghana Plywood Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 Ghana Plywood Market Revenues & Volume, By Size, 2021 - 2031F |
6.1.3 Ghana Plywood Market Revenues & Volume, By 4?? x 8?? Plywood, 2021 - 2031F |
6.1.4 Ghana Plywood Market Revenues & Volume, By 4?? x 6?? Plywood, 2021 - 2031F |
6.1.5 Ghana Plywood Market Revenues & Volume, By 4?? x 10?? Plywood, 2021 - 2031F |
6.1.6 Ghana Plywood Market Revenues & Volume, By 3?? x 6?? Plywood, 2021 - 2031F |
6.1.7 Ghana Plywood Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Ghana Plywood Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Ghana Plywood Market Revenues & Volume, By < 8mm Plywood, 2021 - 2031F |
6.2.3 Ghana Plywood Market Revenues & Volume, By 8mm ?? 18mm Plywood, 2021 - 2031F |
6.2.4 Ghana Plywood Market Revenues & Volume, By > 18mm Plywood, 2021 - 2031F |
6.3 Ghana Plywood Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Ghana Plywood Market Revenues & Volume, By MR Grade Plywood, 2021 - 2031F |
6.3.3 Ghana Plywood Market Revenues & Volume, By BWR Grade Plywood, 2021 - 2031F |
6.3.4 Ghana Plywood Market Revenues & Volume, By Fire Resistant Grade Plywood, 2021 - 2031F |
6.3.5 Ghana Plywood Market Revenues & Volume, By BWP Grade Plywood, 2021 - 2031F |
6.3.6 Ghana Plywood Market Revenues & Volume, By Structural Grade Plywood, 2021 - 2031F |
6.4 Ghana Plywood Market, By Wood Type |
6.4.1 Overview and Analysis |
6.4.2 Ghana Plywood Market Revenues & Volume, By Softwood, 2021 - 2031F |
6.4.3 Ghana Plywood Market Revenues & Volume, By Hardwood, 2021 - 2031F |
6.5 Ghana Plywood Market, By Number of Ply |
6.5.1 Overview and Analysis |
6.5.2 Ghana Plywood Market Revenues & Volume, By 3 Ply, 2021 - 2031F |
6.5.3 Ghana Plywood Market Revenues & Volume, By 5 Ply, 2021 - 2031F |
6.5.4 Ghana Plywood Market Revenues & Volume, By 7 ply and More, 2021 - 2031F |
6.6 Ghana Plywood Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 Ghana Plywood Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.6.3 Ghana Plywood Market Revenues & Volume, By Distributors/Retailers, 2021 - 2031F |
6.7 Ghana Plywood Market, By Application |
6.7.1 Overview and Analysis |
6.7.2 Ghana Plywood Market Revenues & Volume, By Plywood for Furniture, 2021 - 2031F |
6.7.3 Ghana Plywood Market Revenues & Volume, By Plywood for Flooring & Construction, 2021 - 2031F |
6.7.4 Ghana Plywood Market Revenues & Volume, By Plywood for Packaging, 2021 - 2031F |
6.7.5 Ghana Plywood Market Revenues & Volume, By Plywood for Packaging, 2021 - 2031F |
6.7.6 Ghana Plywood Market Revenues & Volume, By Plywood for Marine Use, 2021 - 2031F |
6.7.7 Ghana Plywood Market Revenues & Volume, By Others, 2021 - 2031F |
7 Ghana Plywood Market Import-Export Trade Statistics |
7.1 Ghana Plywood Market Export to Major Countries |
7.2 Ghana Plywood Market Imports from Major Countries |
8 Ghana Plywood Market Key Performance Indicators |
8.1 Average selling price of plywood in the Ghana market |
8.2 Percentage of plywood imports versus domestic production |
8.3 Number of new construction permits issued in Ghana |
8.4 Adoption rate of environmentally sustainable plywood practices in the market |
8.5 Average utilization rate of plywood manufacturing capacity in Ghana |
9 Ghana Plywood Market - Opportunity Assessment |
9.1 Ghana Plywood Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 Ghana Plywood Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Ghana Plywood Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Ghana Plywood Market Opportunity Assessment, By Wood Type, 2021 & 2031F |
9.5 Ghana Plywood Market Opportunity Assessment, By Number of Ply, 2021 & 2031F |
9.6 Ghana Plywood Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
9.7 Ghana Plywood Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Ghana Plywood Market - Competitive Landscape |
10.1 Ghana Plywood Market Revenue Share, By Companies, 2024 |
10.2 Ghana Plywood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |