Market Forecast By Type (Cedar Wood Shingles, Teak Wood Shingles, Wallaba Wood Shingles, Others), By Application (Roofs, Walls, Architecture, Others) And Competitive Landscape
Product Code: ETC030316 | Publication Date: Oct 2020 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Ghana Wood Shingles Market |
Forecast Period | 2025-2031 |
Market Size | USD 360 Million- 510 Million |
CAGR | 9.6% |
Growing Sector | Retail & E-commerce |
The Ghana Wood Shingles market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Ghana Wood Shingles Market is projected to reach approximately $ 510 million by 2031, growing at a compound annual growth rate (CAGR) of around 5.7% from an estimated $ 360 million in 2025. The construction category holds the highest market share in the market.
The wood shingles market in Ghana is experiencing gradual growth, driven by increasing demand for sustainable and aesthetically pleasing building materials in the construction sector. The market is projected to expand, with a focus on various types of wood shingles, including cedar, teak, and wallaba, catering to diverse applications such as roofing and wall cladding. Despite this growth, the market faces challenges such as limited domestic production and reliance on imports, which can affect supply chain stability and pricing. Additionally, the availability of sustainably sourced timber is a concern, given the dwindling nature of Ghanaian timber resources. To address these challenges, there is a need for investment in sustainable forestry practices and the development of local manufacturing capabilities to meet the growing demand for wood shingles in the country.
According to 6Wresearch, Ghana Wood Shingles market size is projected to grow at a CAGR of 5.7% during 2025-2031. The growth of the wood shingles market in Ghana is primarily driven by the increasing demand for sustainable and visually appealing building materials in both residential and commercial construction. As the construction industry expands, particularly in urban areas, wood shingles are becoming a preferred choice for roofing and wall cladding due to their aesthetic value, insulation properties, and eco-friendly nature.
The growing trend towards green buildings and sustainable construction practices further supports the adoption of wood shingles. However, the market faces several challenges, including limited domestic production capacity and a heavy reliance on imports, which can lead to supply chain disruptions and increased costs. Additionally, the availability of sustainably sourced timber is a significant concern, as Ghana’s timber resources are under pressure due to deforestation and over-exploitation. To address these issues, investment in sustainable forestry practices and the development of local manufacturing capabilities will be crucial to ensure a stable supply of high-quality wood shingles and mitigate potential price volatility.
In Ghana, the wood shingles market is served by both local and international players, with several key companies playing a significant role in the supply and distribution of wood shingles. Ghana Timber Processing is one of the leading suppliers, offering a variety of wood products, including shingles, to meet the growing demand in the construction sector. Sawmill Ghana Limited is another major company involved in timber production and wood shingle manufacturing, focusing on sustainable sourcing and processing methods.
Wood & Wood Limited is also a key player, supplying high-quality wood shingles and other timber products for roofing and cladding applications. International suppliers like Sapele Wood Products also contribute to the market, providing premium wood shingles sourced from various regions. Additionally, some of these players hold majority of the Ghana Wood Shingles market share. Moreover, these companies are focusing on expanding their product offerings, improving quality standards, and addressing the demand for eco-friendly materials in both the local and regional construction markets.
In Ghana, government regulations concerning the wood shingles market are primarily focused on sustainable forestry practices, building safety, and environmental protection. The Forestry Commission of Ghana oversees the management of forest resources, ensuring that timber used in construction, including wood shingles, is sourced sustainably and in compliance with national laws aimed at reducing deforestation. Additionally, the Ghana Standards Authority (GSA) sets the standards for construction materials, including wood shingles, to ensure quality and safety in building applications.
The government has also introduced various programs to promote sustainable timber harvesting, such as the Timber Legality Assurance System (TLAS), which certifies that timber products are legally sourced. Furthermore, building codes and safety regulations enforced by the Department of Urban Roads and Housing ensure that materials like wood shingles meet the necessary structural and fire safety requirements for residential and commercial buildings. Further, these initiatives have further boosted the Ghana Wood Shingles market revenues. Moreover, these regulations support the growth of the wood shingles market by promoting sustainable practices and ensuring the quality and safety of building materials.
The future of the wood shingles market in Ghana looks promising, driven by increasing demand for sustainable building materials and a growing construction sector. As urbanization accelerates and infrastructure projects expand, the need for eco-friendly and aesthetically appealing roofing and cladding solutions is expected to rise. Wood shingles, particularly those sourced sustainably, will become more popular due to their natural appeal and the shift toward green building practices. Innovations in wood treatment and preservation technologies will further enhance their durability and weather resistance, making them more suitable for diverse environmental conditions.
Additionally, as Ghana focuses on addressing deforestation and improving timber production processes, the availability of high-quality, sustainably sourced wood will support the long-term growth of the market. With a focus on local manufacturing, the market is likely to see reduced import reliance and stronger supply chain stability, positioning wood shingles as a key material in the country’s expanding construction and renovation landscape.
According to Ravi Bhandari, Research Head, 6Wresearch, the teak wood shingles category in Ghana is experiencing steady growth, driven by the material's exceptional durability, resistance to harsh weather conditions, and premium aesthetic appeal. Teak is increasingly being favored in the construction sector, particularly for high-end residential and commercial projects, due to its ability to withstand Ghana's tropical climate. Its natural resistance to moisture, pests, and decay makes it an ideal choice for roofing and cladding applications, particularly in regions prone to high humidity and rainfall. As the demand for sustainable and long-lasting materials rises, teak wood shingles are becoming a sought-after option for eco-conscious builders and architects, and with the expansion of luxury and sustainable construction projects, the teak wood shingles market in Ghana is poised for continued growth.
The use of wood shingles for wall applications in Ghana is growing as architects and builders increasingly prioritize natural, aesthetically pleasing, and sustainable materials for cladding. Wood shingles are being incorporated into both residential and commercial buildings, enhancing the visual appeal and energy efficiency of facades. This trend is driven by the demand for eco-friendly construction materials and the growing preference for rustic, organic designs that create a warm, inviting atmosphere. As sustainability becomes a key focus in construction, wood shingles are being utilized in green building projects where both aesthetic value and environmental responsibility are prioritized. The growth of the real estate sector, combined with the desire for unique, eco-conscious design, is expected to continue driving the adoption of wood shingles for wall applications in the coming years.
The Ghana Wood Shingles market report provides a detailed analysis of the following market segments
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 Wood Shingles Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Wood Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Wood Shingles Market - Industry Life Cycle |
3.4 Ghana Wood Shingles Market - Porter's Five Forces |
3.5 Ghana Wood Shingles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ghana Wood Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ghana Wood Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Wood Shingles Market Trends |
6 Ghana Wood Shingles Market, By Types |
6.1 Ghana Wood Shingles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Wood Shingles Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Ghana Wood Shingles Market Revenues & Volume, By Cedar Wood Shingles, 2021 - 2031F |
6.1.4 Ghana Wood Shingles Market Revenues & Volume, By Teak Wood Shingles, 2021 - 2031F |
6.1.5 Ghana Wood Shingles Market Revenues & Volume, By Wallaba Wood Shingles, 2021 - 2031F |
6.1.6 Ghana Wood Shingles Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Ghana Wood Shingles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Wood Shingles Market Revenues & Volume, By Roofs, 2021 - 2031F |
6.2.3 Ghana Wood Shingles Market Revenues & Volume, By Walls, 2021 - 2031F |
6.2.4 Ghana Wood Shingles Market Revenues & Volume, By Architecture, 2021 - 2031F |
6.2.5 Ghana Wood Shingles Market Revenues & Volume, By Others, 2021 - 2031F |
7 Ghana Wood Shingles Market Import-Export Trade Statistics |
7.1 Ghana Wood Shingles Market Export to Major Countries |
7.2 Ghana Wood Shingles Market Imports from Major Countries |
8 Ghana Wood Shingles Market Key Performance Indicators |
9 Ghana Wood Shingles Market - Opportunity Assessment |
9.1 Ghana Wood Shingles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ghana Wood Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Wood Shingles Market - Competitive Landscape |
10.1 Ghana Wood Shingles Market Revenue Share, By Companies, 2024 |
10.2 Ghana Wood Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |