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Home / Opportunities / Ceramics

Ceramics

opportunity

Driven by rapid urbanization, a burgeoning middle class, and escalating demand for contemporary conveniences, the ceramics sector in Africa stands at the threshold of remarkable expansion. With plentiful access to raw materials and strategic investments in manufacturing infrastructure and technological innovations, this sector is primed to elevate product quality to new heights.

$ 50.7 Bn

Market Size

5.5%

CAGR

$ 66.8 Bn

Forecast

Ceramics by-product markets

Sanitary Ware

Advanced Ceramics

Decorative Tiles

Ceramic Filters

Ceramic Insulators

Abrasive Materials

CERAMIC BUSINESS IN AFRICA: KEY ADVANTAGES FOR INVESTORS

Growing Construction Sector: Africa's construction industry is projected to grow at a CAGR of around 6.4% from 2021 to 2026, indicating significant opportunities for ceramic materials.
High Demand for Building Materials: The demand for construction materials, including ceramics, is on the rise in Africa due to increasing construction projects in residential, commercial, industrial, and infrastructure sectors. The global ceramic tiles market size was valued at USD 50.71 billion in 2020, with Africa being a key emerging market driving demand for ceramic tiles in construction.
Strategic Positioning: Africa's construction industry offers diverse opportunities for investment, ranging from residential and commercial projects to infrastructure development initiatives.
High Returns on Investment: The global ceramic tiles market is expected to reach USD 66.02 billion by 2028, driven by growing demand for aesthetically pleasing and customizable tiles in construction projects.
Cost-Effectiveness: Ceramic tiles are cost-effective compared to natural stone or hardwood flooring, offering similar aesthetics at a fraction of the cost, as they have a lifespan of 75 to 100 years, providing long-term durability and low maintenance for buildings and infrastructure.