Published on February 8, 2016
The continued dullness in residential housing sector, now a day’s plywood players are expecting good prospects from commercial & office spaces. Presently the requirement from decorative items is improving because of low margins on commodity. The huge growth in decorative laminate capacity in 2016 will be give good impact to the market.
As per the market report, plywood and laminate players needs to work very hard to survive in the market as in 2016 major cities are also moving with a dull velocity in terms of housing sector.
As per the present market condition raw material prices will remain firm. Prices of face veneer are anticipated to remain firm on the back of rise in manufacturing capacities in Myanmar.
As per the current scenario market player have said that to grow in the industry we have to work hard on quality, cost, volume, team building and systematic work culture. Apart from this they have to improve quality manpower in areas of sales/marketing and production. With the best planning all the industry players can grow in the competitive environment.
