
Georgia’s construction and repair materials market is projected to generate USD 5.7 billion in total revenue in 2024, marking a 19.2% increase compared to 2020, according to sectoral research conducted by Galt & Taggart.
The report breaks down the market into two primary segments:
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Construction Materials: Accounting for USD 2.1 billion (36.8% of total revenue), this category includes cement, concrete, asphalt, rebar, and similar products.
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Home Improvement: Generating USD 3.6 billion in revenue, this segment comprises:
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Repair materials (USD 2.5 billion): Pipes, windows and doors, cables, ceramic tiles, and more.
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Household appliances (USD 600 million)
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Furniture and lighting (USD 500 million)
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Galt & Taggart attributes the sector’s steady growth over the 2020–2024 period to rising prices and increasing demand, bolstered by:
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Expanded government infrastructure spending
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A record number of building permits
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The post-pandemic recovery of the real estate sector
The study also highlights a key structural distinction in the market's supply chain. While most construction materials are produced locally, repair materials are primarily imported, making the latter more vulnerable to global price fluctuations and supply chain disruptions.
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One US dollar trades at GEL 2.7248
25/06/2025