Published on August 10, 2015

As per the market analysis laminate industry is facing great challenges from last two to three months. Laminate market is running with a dull rate of knot on the back of delay in payment cycle and weak trade interest from end users.

Market players said that, in the month of June plywood market has enhanced marginally but laminate market was facing lot of challenges, laminate sales are still under pressure. Market players are not expecting any positive changes due to demand turnaround and economy slow down.

.Some market predictors have said that, increasing spending on infrastructure will enhance the demand sentiments apart from this flourishing e-commerce market, affordable interest rates, nurturing interest for buying new homes, smart cities projects, low crude oil price and better monsoon condition will support to the retailers and boost the optimistic approach for future market growth.

As per the present market situation market players have to work hard to maintain their good will in the market, they have to offer reliable products so they can win the trust of the consumers. Retailer’s needs to increase their awareness level as there are tremendous competition in the market.