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Plywood

Plywood

opportunity

Africa's construction sector demands high-strength plywood, creating a prime opportunity for sustainable domestic manufacturing. Reduce import reliance and promote responsible forestry. With the global plywood market at USD 49.78 billion in 2023 and growing demand in Europe and the US, Africa's vast timber resources, particularly Okoume, make it an ideal location for production. Be part of building a greener Africa!

Africa's construction sector demands high-strength plywood, creating a prime opportunity for sustainable domestic manufacturing. Reduce import reliance and promote responsible forestry. With the global plywood market at USD 49.78 billion in 2023 and growing demand in Europe and the US, Africa's vast timber resources, particularly Okoume, make it an ideal location for production. Be part of building a greener Africa!

$60 Bn

Market Size

5-7%

CAGR

$90 Bn

Forecast

130 million cubic meters (2020)

Production Volume

Plywood by-product markets
Structural

Structural

Interior

Interior

Exterior

Exterior

Marine

Marine

PLYWOOD BUSINESS
PLYWOOD BUSINESS ADVANTAGES IN AFRICA
  • Africa's construction industry projected to grow at a steady 6.58% CAGR, reaching a market size of USD 4.23 billion by 2029, that translates to a high demand for cost effective building materials like plywood.
  • Abundant supply of wood which is cost-effective for plywood production, hence reducing dependence on imports.

  • Excellent returns on investment due to the growing demand and potential for export.

  • High-quality, tropical plywood varieties in Africa opens up avenues to set premium prices and potentially access international markets.

Plywood
Investment Zones in Africa
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