Organised wood panel and plywood companies have witnessed a growth ranging between 6 to 12 percent across the sector during financial year 2018 - 19. Though the drop in their profit margins is an indicator of pressure in this segment. Entire bucket of Plywood, Panels, Decorative laminates or Doors producing companies and brands have expanded their network and extended their product categories to cater different buyer groups but the past Q3 result in FY 2018 - 19 and the expected results being heard is keeping a profitability pressure among organized players.
Read Full Article:- http://www.plyreporter.com/article/50817/organized-wood-panel-brands-witnessed-steady-growth-with-less-margin
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