Published on December 12, 2016

Laminate market has grown so far, because of consumer’s awareness level about laminate product performance.

Decorative laminate is good item, even in rural area consumers are aware about that once you paste it in the surface the furniture is safe from water, dust etc. Presently the decorative laminate market is spreading its reach over the rural parts hence the market size has grown, while individual players have facing stagnancy, except a few brands.

Some market players have said that recently the laminate market players is going through a huge shift from large whole selling to sub-distributor model as per capita consumption is now catching up with plywood consumption which a relief for some industry players.

Apart from this increase in the number of producers and new plants in plywood, laminate, particle boards etc. are indicating the sign of future stiff competition, On account of this complete business will affect with the dullness and less margin. Profits of manufacturers, distributors and dealers will also go down.

Market analysts have said that players have been uncertain for future way out to beat the competition.  As per the recent report, recently all the players are looking for the effective way out to earn maximum margin as effective margin is the key of any successful business and industry.