Published on September 15, 2014

Laminate and plywood sales have started picking up as the committed have been initiated by the central government to accelerate the demand and improve the economic condition for the growth.

Report said that laminate demand is growing but not at every corner of the country. The leading counters are getting sales because they all are financially sound and working hard to maintain their good will with the customers. Those who are not connected to such points are still waiting for the market intensification.

Source said that in the month of July and August plywood, laminates and film face plywood segments all were facing slowdown due payment issues. Market players were expecting that demand and payments for this sector will be good when there will be improvement in the reality and housing sector.
According to market sources, constructive outcome is coming in the way of wood panel trade. Many countries are in favor of investing in India and again here infrastructure sector is escalating the growth prospects for plywood and laminate industry sooner than anticipated. Due to higher demand prospects market players are planning to hard work and higher investment in our own trade.

Market is now improving, manufacturers have started to develop pioneering products to catch the attention of the customer and they have started to expend their capacities for product development. Presently wholesaler and dealers have adopted the wait and watch policies they are sitting idle and waiting for the good time to come.