Product Code: ETC421852 | Publication Date: Oct 2022 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Ghana Textile Fabrics Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 6.19% in 2025, growth builds up to 11.40% by 2029.
In the Africa region, the Textile Fabrics market in Ghana is projected to expand at a growing growth rate of 6.79% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
The Ghana Textile Fabrics Market is a dynamic and growing sector characterized by a wide variety of traditional and modern fabrics catering to diverse consumer preferences. Traditional textiles such as kente and adinkra are highly valued for their cultural significance, while modern textiles like wax prints and batik are popular for their vibrant designs and durability. The market is driven by factors such as increasing disposable income, changing fashion trends, and growing awareness of sustainable and ethically sourced fabrics. Local manufacturers, as well as international brands, play a significant role in offering a wide range of textile options to consumers. The market is also influenced by factors like government policies, import regulations, and the competitive landscape. Overall, the Ghana Textile Fabrics Market presents opportunities for growth and innovation in meeting consumer demands.
The Ghana textile fabrics market is currently experiencing a shift towards sustainable and eco-friendly materials as consumers become more conscious of the environmental impact of their purchases. There is a growing demand for organic cotton, bamboo, and recycled fabrics in the market. Additionally, there is a trend towards incorporating traditional Ghanaian textile designs and motifs into modern fashion pieces, appealing to both local and international consumers. The market is also witnessing an increase in the popularity of versatile and multi-functional fabrics that cater to the diverse needs of consumers, such as moisture-wicking fabrics for activewear and wrinkle-resistant fabrics for workwear. Overall, the Ghana textile fabrics market is evolving to meet the changing preferences and values of consumers, with a focus on sustainability, cultural heritage, and functionality.
The Ghana Textile Fabrics Market faces several challenges, including competition from cheap imported fabrics, inconsistent electricity supply affecting production processes, high production costs due to expensive raw materials and limited access to financing for textile manufacturers. Additionally, there is a prevalence of counterfeit products in the market, which undermines the reputation of authentic Ghanaian textile brands. The lack of skilled labor and outdated machinery also hinder the industry`s growth potential. Overall, these challenges contribute to the struggle faced by local textile producers in Ghana to remain competitive and sustainable in the market amidst these various obstacles.
The Ghana Textile Fabrics Market presents promising investment opportunities due to the country`s growing population, increasing disposable income, and a rising demand for both traditional and contemporary textiles. Investors can consider opportunities in the manufacturing and distribution of high-quality African print fabrics, such as Ankara and Kente, which have gained popularity both locally and internationally. Additionally, there is potential for investment in the sustainable and ethical production of textiles to cater to the growing consumer preference for eco-friendly products. Collaborating with local artisans and designers to create unique textile products can also be a lucrative investment avenue in the Ghanaian market, tapping into the rich cultural heritage and craftsmanship of the region.
The Ghanaian government has implemented various policies to support the local textile fabrics market, including the Textile and Garment Policy aimed at promoting the growth and competitiveness of the sector. Additionally, the government has imposed tariffs and regulations to protect local manufacturers from cheap imports and counterfeits. The implementation of the Ghana Export and Import (Amendment) Act has also been crucial in regulating the importation of textile products. Furthermore, initiatives such as the "One District, One Factory" program have been introduced to boost local production and create employment opportunities within the textile industry. Overall, these policies reflect the government`s commitment to developing and sustaining the Ghanaian textile fabrics market.
The future outlook for the Ghana Textile Fabrics Market appears promising, driven by factors such as increasing disposable income, a growing middle-class population, and a rising demand for fashionable clothing among consumers. The market is expected to experience steady growth as more consumers seek locally produced textiles, supporting the country`s textile industry. Additionally, the implementation of government initiatives to promote the sector, such as the "One District, One Factory" program, is likely to boost production and create employment opportunities. However, challenges such as competition from imported textiles and the need for technological advancements to enhance productivity remain. Overall, with the right strategies in place, the Ghana Textile Fabrics Market is poised for expansion 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 Textile Fabrics Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Textile Fabrics Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Textile Fabrics Market - Industry Life Cycle |
3.4 Ghana Textile Fabrics Market - Porter's Five Forces |
3.5 Ghana Textile Fabrics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ghana Textile Fabrics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ghana Textile Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Textile Fabrics Market Trends |
6 Ghana Textile Fabrics Market, By Types |
6.1 Ghana Textile Fabrics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Textile Fabrics Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Ghana Textile Fabrics Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.1.4 Ghana Textile Fabrics Market Revenues & Volume, By Polycottons, 2021 - 2031F |
6.1.5 Ghana Textile Fabrics Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2 Ghana Textile Fabrics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Textile Fabrics Market Revenues & Volume, By T-shirts, 2021 - 2031F |
6.2.3 Ghana Textile Fabrics Market Revenues & Volume, By Sportwear, 2021 - 2031F |
6.2.4 Ghana Textile Fabrics Market Revenues & Volume, By Outdoor Clothing, 2021 - 2031F |
6.2.5 Ghana Textile Fabrics Market Revenues & Volume, By Performance Wear, 2021 - 2031F |
7 Ghana Textile Fabrics Market Import-Export Trade Statistics |
7.1 Ghana Textile Fabrics Market Export to Major Countries |
7.2 Ghana Textile Fabrics Market Imports from Major Countries |
8 Ghana Textile Fabrics Market Key Performance Indicators |
9 Ghana Textile Fabrics Market - Opportunity Assessment |
9.1 Ghana Textile Fabrics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ghana Textile Fabrics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Textile Fabrics Market - Competitive Landscape |
10.1 Ghana Textile Fabrics Market Revenue Share, By Companies, 2024 |
10.2 Ghana Textile Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |