The East Africa sandwich panel market size is projected to reach US$ 306.69 million by 2031 from US$ 223.74 million in 2023. The market is expected to register a CAGR of 4.0% during 2023–2031. The development of fire-resistant sandwich panels is likely to bring new key trends in the market in the coming years.
The need for better food security and the growing export markets in East Africa is boosting the demand for cold storage facilities. Sandwich panels have excellent insulation properties and are becoming the material of choice for constructing cold storage facilities that include large refrigeration areas. They are also used in the construction of warehouses that store sensitive items at a steady temperature. These panels help maintain precise temperature control, crucial for the preservation of perishable goods such as food and pharmaceuticals, thereby reducing spoilage and ensuring product quality. Further, the proliferating construction industry is expected to provide substantial growth opportunities for the East Africa sandwich panel market growth during the forecast period. Rapid urbanization across the region increases the need for efficient, cost-effective, and durable construction materials. To meet these demands, sandwich panels with superior thermal insulation, fire resistance, and lightweight properties are used. Their use in building modern infrastructure, including commercial buildings, residential complexes, and industrial facilities, is expected to rise significantly. For instance, according to Kenya's Economic Survey 2023, released on May 2023, the number of building plans approved in Nairobi increased by 58%. Nigeria-based W Hospitality Group's annual report stated that Kenya expects to open 25 new international hotel brands FY 2023-2024, along with ongoing developments regarding the addition of more than 3,700 hotel rooms to existing hotels.
A growing number of construction activities and government investment in infrastructure development projects are contributing to the market growth. For instance, according to African Leadership Magazine data, the East African Community (EAC) needs US$ 78 billion by 2028 to fund over 200 infrastructure development projects in five member states, including Uganda, Tanzania, Kenya, Rwanda, and Burundi. These states require US$ 62.2 billion for hydropower, standard gauge railway, and oil and gas projects across the region. These states are raising their revenue from borrowings and private-public partnerships (PPP), which support regions to meet their ongoing infrastructure project need.
East Africa is undergoing rapid urbanization and infrastructure development, leading to an increased need for advanced building materials that offer efficiency and durability. Polyurethane (PU)-based panels have emerged as a preferred choice among builders and contractors owing to their superior thermal insulation, lightweight properties, and versatility in various construction applications. In addition, the versatility of PU panels in various construction applications, including roofing, wall cladding, and cold storage facilities, is further driving their demand in the region. These panels are easy to install and offer long-term performance with minimal maintenance. The growing emphasis on modernizing the construction sector in East Africa, coupled with the rising awareness of the benefits of energy-efficient materials, is accelerating the adoption of PU-based composite panels. Therefore, the increasing demand for polyurethane-based sandwich panels fuels the growth of the market.
The proliferating construction industry is expected to provide substantial growth opportunities for the East Africa sandwich panel market growth during the forecast period. Rapid urbanization across the region increases the need for efficient, cost-effective, and durable construction materials. To meet these demands, sandwich panels with superior thermal insulation, fire resistance, and lightweight properties are used. The use of sandwich panels in building modern infrastructure, including commercial buildings, residential complexes, and industrial facilities, is expected to rise significantly in the coming years.
Key segments that contributed to the derivation of the East Africa sandwich panel market analysis are material, application, and end use.
The geographic scope of the East Africa sandwich panel market report focuses on the market scenario in terms of historical market revenues and forecasts.
Kenya, Zimbabwe, Tanzania, and Zambia are the key contributors to the East Africa sandwich panel market. The market has been witnessing significant growth, driven by the rising demand from the infrastructure sector. Infrastructure development activities involve sandwich panels to control temperature and meet energy efficiency requirements of facilities across the region. The railway industry highly demands sandwich panels owing to their durability, lightweight, fire-resistance, and waterproofing characteristics, which improve the overall style and performance of train interiors and structures. Moreover, the climate in East Africa is extremely hot and humid, making it difficult for people to work long hours. This increases the demand for sandwich panels for cold storage in East Africa. Thus, the growing number of construction activities, government investment, and hot climate conditions of East Africa have surged the demand for sandwich panels to enhance safety and help maintain energy efficiency in buildings and structures.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 223.74 Million |
Market Size by 2031 | US$ 306.69 Million |
Global CAGR (2023 - 2031) | 4.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Material
|
Regions and Countries Covered | East Africa
|
Market leaders and key company profiles |
The East Africa sandwich panel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
The "East Africa Sandwich Panel Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
The List of Companies - East Africa Sandwich Panel Market
The mineral wool segment dominated the market in 2023.
The growing application of sandwich panels in cold storage facilities is among a few factors driving the market.
The development of fire-resistant sandwich panels acts as a future trend for the market.
Insulation Materials Kenya Ltd, Gypsum Ceiling Supplies Ltd, DTH Prefab, ArcelorMittal SA, Knauf Group, Tata Steel Ltd, Assan Panel A.Ş., Harwal Group of Companies, Kaylite Zambia Ltd, and Ghosh Group are a few of the key players operating in the East Africa sandwich panel market.
The wall panels segment dominated the market in 2023.
Kenya dominated the market in 2023.