East Africa Cement Market Overview, Manufacturer, value and Forecast By 2023

East Africa Cement Market Report and Forecast Till 2023

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Report Description and Highlights

Report Description

East Africa Cement Market Report By Type (Portland, Blended and Others), Application (Residential, Commercial and Infrastructure), Region The East Africa cement market has been witnessing a healthy growth over the past few years. This can be accredited to mounting construction activities owing to the rising household incomes of the population, support from government and upcoming construction projects in different countries of East Africa.

Market Overview: IMARC Group’s recent report, titled “East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimated that the East Africa cement market reached a volume of US$ 14.4 Million Tons in 2017. The cement market possesses vast opportunities in East African countries on account of soaring population and inflating income levels in the region. This is also stimulating infrastructural activities in both the residential as well as commercial sector. As a result, various foreign investors are diving in the construction sector and supporting the local cement industries by organizing various training programmes. Besides this, the region is also witnessing several technological advancements which is leading to a higher production of cement in the region.

Report Description and Highlights

Report Description East Africa Cement Market Drivers:

The consumption of cement in Ethiopia has been primarily driven by the federal government’s fiveyear Growth and Transformation Plan (GTP) which helped the country in achieving around 11-15% annual economic growth between 2010-2015. In line with this, the government invested heavily in infrastructure and transport sectors. Construction of the Grand Ethiopian Renaissance Dam, six rail networks, and hydroelectric projects like Gilgel-Gibe III Dam and Genale Dawa III Dam have majorly boosted the consumption of cement in the region. Moreover, the ongoing construction of Bukasa Inland Port and the development of Entebbe International Airport in Uganda are creating a positive outlook for the cement industry. Thus, East Africa cement industry is envisaged to experience a positive growth owing to the aforementioned factors as well as some of the other forces like improvement in fleet management and rising penetration in remote areas. Looking forward, the market volume is projected to reach US$ 22.2 Million Tons by 2023, expanding at a CAGR of 7.5% during 2018-2023.

East Africa Cement Market Segmentation: Market Segmentation by Type •

Portland

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Market Forecast

Sample Figure: East Africa: Cement Market Forecast: Production Volume (in Million Tons), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description • •

Blended Others

Based on type, Portland cement is the most popular product type, accounting for the majority of the total market share. This is due to its vast range of applications in grout fillings, concrete projects, etc.

Portland cement is followed by blended cement and others.

Market Segmentation by Application • • •

Residential Commercial Infrastructure

On the basis of application, the market has been divided into the residential, commercial and infrastructure sector. Currently, the residential sector holds the largest market share owing to a rise in the demand for better housing facilities from the middle-class population.

Market Segmentation by Region • •

Ethiopia Kenya

Market Segmentation

Report Description • • • •

Tanzania Uganda Rwanda and Burundi Others

Region-wise, Ethiopia represents the leading market for cement in East Africa. Ascending infrastructure and construction activities in the region has largely contributed to the growth of the market in the region.

Apart from Ethiopia, other major markets include Tanzania, Uganda, Rwanda, Burundi and Kenya.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Bamburi Cement Limited ARM Cement Plc EAPCC Dangote Cement Plc Mombasa Cement Limited

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Market Segmentation

Report Description

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Report Description and Highlights

Report Description

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