The market for plywood and panel products is becoming fierce and throat cutting as reported by Ply Reporter correspondents from across the country. The emergence of new plants in every product category related to wood panel surfacing sector is continuously bringing down the operating margins of every players except a selected few. The market share of almost everyone, be it brand or manufacturer is found to be stagnant or have reported a decline because of increasing number of manufacturers in this segment reflect the recent study conducted by the Ply Reporter and Big Sea Market Research wing.
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