Imported Particle Board Market Share Falls

Domestic Particle Board production is on the rise as the demand performed satisfactory last year despite of pressure on prices. The price moderation observed in Particle Board category impacted the imports, pulling it down considerably last year. According to recent reports and data’s from Government reports revealed that import has dropped by 6% reaching to Rs 208.14 crore in year 2017-18 from Rs 222.63 crore in the year 2016-17.

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Ply Reporter Prediction 2019: Particle Board Market Will Expand

Ply Reporter predictions have proved to be on 85% accuracy during last 12 years. Do read Possibilities for 2019... Published on 1st Jan 2019. To know about all the 7 predictions, visit the website regularly or subscribe the magazine.

Contrary to MDF, the Wood based Particle Board industry is expected to be better in 2019 in terms of demand-supply balance and margin scenario. Although there would be not much margin to informal particle board producers due to quality related issue and too much of competition in retail channel led segment but good quality wood Particle Board producers may witness an improvement in their margin due to good demand from office segment.

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