Ghana Lumber Market (2025-2031) | Outlook, Revenue, Companies, Value, Trends, Industry, Size, Forecast, Growth, Share & Analysis

Market Forecast By Types (Hardwood Lumber, Softwood Lumber), By Application (Construction, Furniture, Flooring, Moldings, Others) And Competitive Landscape
Product Code: ETC036796 Publication Date: Oct 2020 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Ghana Lumber Market Size Growth Rate


The Ghana Lumber Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 3.63% in 2025, the growth rate steadily ascends to 4.71% in 2029.

Ghana Lumber Market Growth Rate

Ghana Lumber Market Size Growth Rate

Lumber Market: Ghana vs Top 5 Major Economies in 2027 (Africa)


In the Africa region, the Lumber market in Ghana is projected to expand at a stable growth rate of 3.64% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

Lumber Market: Ghana vs Top 5 Major Economies in 2027 (Africa)

Lumber Market: Ghana vs Top 5 Major Economies in 2027 (Africa)

Ghana Lumber Market Overview

In Ghana, the lumber market is witnessing steady growth, driven by the demand for wood products and construction materials for residential, commercial, and infrastructure projects. Lumber, also known as timber or wood planks, serves as a versatile and renewable resource for building structures, furniture, flooring, and packaging materials. With Ghana abundant forest resources and construction activities, the market for lumber is expected to continue expanding in the country.

Drivers of the market

The Ghana lumber market is experiencing growth driven by increasing construction activities, infrastructure development, and furniture manufacturing. Lumber products, including hardwood and softwood timber, are in high demand for building construction, interior design, and furniture production, driving market expansion in the country.

Challenges of the market

Challenges in the lumber market include sustainable forestry practices and market volatility. Balancing the demand for timber products with forest conservation and biodiversity preservation requires responsible harvesting and replanting initiatives. Additionally, addressing price fluctuations and supply chain disruptions driven by factors such as weather events, trade policies, and economic conditions is essential for market stability and resilience.

Government Policy of the market

The government of Ghana has implemented policies to promote sustainable forest management practices and ensure the responsible exploitation of timber resources in the lumber market. Measures include regulations on logging activities, enforcement of sustainable harvesting practices, and initiatives to promote value-added wood processing and timber certification schemes. Additionally, efforts are underway to address illegal logging and promote reforestation initiatives to safeguard the long-term viability of the lumber industry.

Key Highlights of the Report:

  • Ghana Lumber Market Outlook
  • Market Size of Ghana Lumber Market, 2024
  • Forecast of Ghana Lumber Market, 2031
  • Historical Data and Forecast of Ghana Lumber Revenues & Volume for the Period 2021-2031
  • Ghana Lumber Market Trend Evolution
  • Ghana Lumber Market Drivers and Challenges
  • Ghana Lumber Price Trends
  • Ghana Lumber Porter's Five Forces
  • Ghana Lumber Industry Life Cycle
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Hardwood Lumber for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Softwood Lumber for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Furniture for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Flooring for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Moldings for the Period 2021-2031
  • Historical Data and Forecast of Ghana Lumber Market Revenues & Volume By Others for the Period 2021-2031
  • Ghana Lumber Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Ghana Lumber Top Companies Market Share
  • Ghana Lumber Competitive Benchmarking By Technical and Operational Parameters
  • Ghana Lumber Company Profiles
  • Ghana Lumber Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Lumber Market Overview

3.1 Ghana Country Macro Economic Indicators

3.2 Ghana Lumber Market Revenues & Volume, 2021 & 2031F

3.3 Ghana Lumber Market - Industry Life Cycle

3.4 Ghana Lumber Market - Porter's Five Forces

3.5 Ghana Lumber Market Revenues & Volume Share, By Types, 2021 & 2031F

3.6 Ghana Lumber Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Ghana Lumber Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Ghana Lumber Market Trends

6 Ghana Lumber Market, By Types

6.1 Ghana Lumber Market, By Types

6.1.1 Overview and Analysis

6.1.2 Ghana Lumber Market Revenues & Volume, By Types, 2021-2031F

6.1.3 Ghana Lumber Market Revenues & Volume, By Hardwood Lumber, 2021-2031F

6.1.4 Ghana Lumber Market Revenues & Volume, By Softwood Lumber, 2021-2031F

6.2 Ghana Lumber Market, By Application

6.2.1 Overview and Analysis

6.2.2 Ghana Lumber Market Revenues & Volume, By Construction, 2021-2031F

6.2.3 Ghana Lumber Market Revenues & Volume, By Furniture, 2021-2031F

6.2.4 Ghana Lumber Market Revenues & Volume, By Flooring, 2021-2031F

6.2.5 Ghana Lumber Market Revenues & Volume, By Moldings, 2021-2031F

6.2.6 Ghana Lumber Market Revenues & Volume, By Others, 2021-2031F

7 Ghana Lumber Market Import-Export Trade Statistics

7.1 Ghana Lumber Market Export to Major Countries

7.2 Ghana Lumber Market Imports from Major Countries

8 Ghana Lumber Market Key Performance Indicators

9 Ghana Lumber Market - Opportunity Assessment

9.1 Ghana Lumber Market Opportunity Assessment, By Types, 2021 & 2031F

9.2 Ghana Lumber Market Opportunity Assessment, By Application, 2021 & 2031F

10 Ghana Lumber Market - Competitive Landscape

10.1 Ghana Lumber Market Revenue Share, By Companies, 2024

10.2 Ghana Lumber Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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