Published on July 4, 2016

Previous few months reflect the mix feeling among the manufacturers in terms of demand, however in the month of May demand has improved little and revealed the sign of relief for plywood players.

Some market players have said that presently reputed players are under pressure for sales as their customers are going to new players who are offering less pricing with lower quality. Few companies are able to hold their distributors and are loyal to them and their performance reveals that they growing, while rest are struggling.

As per the market report, wood panel industry’s sales revenue during 2016 is maintained but collection target have slipped by huge gap and outstanding time period is high. The effect of slow recovery has caused adverse scenario for wood panel trade.

The rise in number of cladding players offering attractive designs and quality assurance the small market of exterior grade laminates is growing and helping its growth in Indian market.

Market predictors said that, presently market players have to hold up channel partners in such a way that they can not be snatched by anyone. Look after the trusted distributors and working based on basic principals can be good for companies and traders.