Published on April 5, 2014

Market participants attributed that Indian Laminate market is running in bearish mode due to sluggish demand stipulations from consumers on account of financial year closing and real estate market crunch.

To ease the pressure of hold back upshots, Wood working machinery manufacturers and suppliers have introduced number of new machines in Indiawood 2014, 8th international trade fair of wood working machines, tools and raw material, held at Bangalore.

With the strong focus on the laminates collection associate décor ltd. unveiled 2 incredible finishes raw veneer and matrix. Laminate companies presented new textured laminates to lure retail market customers where as veneer decor companies displayed exclusive range of natural veneers to target high end customers and furniture makers.

High gloss decorative panel products were the hottest material this year, which swayed the visitors and generated lot of queries from showroom owners. This time wood working machine segment offered few high end machine aiming to make high quality material, high productivity and saving of energy.

Presently Laminate market players are trying to attract visitors to cater the furniture makers requirement. Sources said, in Indian Laminate market new and inventive merchandises are a medium to expansion in slow moving and dull market. Currently market players are planning to offer something better or new for Indian Laminate industry and trade.

Industry source said that with the beginning of new financial year market players will come up with the ground-breaking low priced products which will expand growth prospects for Indian Laminate industry.