Costlier Lumber Helping Market To Accept ‘Substitute Doors Frame’ Materials

Lumber and sawn timber that is largely used in making of doors and window frames has become costlier during last 2 years. With rise in dollar, restriction on timber supplies and tightening international laws choking the timber affordability factor in price sensitive Indian market. The scenario is offering space to other alternative materials to wood that are easily available, readymade, easy to install and cost effective.

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2018 Is Expected to Be Better but Not Everything Is Rosy

Welcome to the year of hope and beginning of a new growth cycle. The retarding effects of GST, DEMO & RERA are still present but market recovery and growth is expected, especially from the first quarter of FY 2018-19. Past one and half year have been riddled with slowdown, liquidity crunch, reforms led uncertainty in general where building materials segment is worst affected. Despite ofextremely slow demand in Wood, Panel and Decorative materials category, a huge capacity addition has taken place in this segment thus Year 2018 is set to witness a storm of competition in wood, panels and decorative surfaces category.

Read Full Article:- http://www.plyreporter.com/article/20069/2018-is-expected-to-be-better-but-not-everything-is-rosy