| Product Code: ETC4793843 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia continued to see a significant influx of formwork import shipments, with top exporting countries including South Africa, China, Zimbabwe, Hong Kong, and Namibia. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.24%, with a notable growth spurt of 7.64% from 2023 to 2024. These figures signify a sustained demand for formwork in Zambia, with key players maintaining their strong presence in the market.


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 Zambia Formwork Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Formwork Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Formwork Market - Industry Life Cycle |
3.4 Zambia Formwork Market - Porter's Five Forces |
3.5 Zambia Formwork Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Zambia Formwork Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Zambia Formwork Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Zambia |
4.2.2 Growing urbanization and population growth leading to demand for residential and commercial construction |
4.2.3 Government initiatives and investments in infrastructure projects |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of formwork |
4.3.2 Regulatory challenges and compliance requirements in the construction industry |
4.3.3 Economic instability and currency fluctuations affecting investment decisions |
5 Zambia Formwork Market Trends |
6 Zambia Formwork Market Segmentations |
6.1 Zambia Formwork Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Formwork Market Revenues & Volume, By Traditional timber formwork, 2021-2031F |
6.1.3 Zambia Formwork Market Revenues & Volume, By Engineered Formwork System, 2021-2031F |
6.1.4 Zambia Formwork Market Revenues & Volume, By Re-usable plastic formwork, 2021-2031F |
6.1.5 Zambia Formwork Market Revenues & Volume, By Others, 2021-2031F |
6.2 Zambia Formwork Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Zambia Formwork Market Revenues & Volume, By Buildings, 2021-2031F |
6.2.3 Zambia Formwork Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 Zambia Formwork Market Revenues & Volume, By Industrial Facilities, 2021-2031F |
7 Zambia Formwork Market Import-Export Trade Statistics |
7.1 Zambia Formwork Market Export to Major Countries |
7.2 Zambia Formwork Market Imports from Major Countries |
8 Zambia Formwork Market Key Performance Indicators |
8.1 Number of construction permits issued in Zambia |
8.2 Percentage change in construction spending in Zambia |
8.3 Rate of adoption of innovative formwork technologies in the market |
9 Zambia Formwork Market - Opportunity Assessment |
9.1 Zambia Formwork Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Zambia Formwork Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Zambia Formwork Market - Competitive Landscape |
10.1 Zambia Formwork Market Revenue Share, By Companies, 2024 |
10.2 Zambia Formwork Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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