LAMINATES/PLYWOOD INDUSTRY – SNAPSHOT

The increasing focus of the government for low cost housing and infrastructure development, along with the growth in the construction and furniture industry in the country is accounted to benefit the expansion of the India plywood and laminates market. Additionally, growing demand for plywood and laminates in various end user industries, such as furniture industry, real estate industry, coupled with the rapid urbanization in the country are some of the major factors which are promoting the growth of the Indian plywood and laminates market.

  • The demand for plywood and laminates for the manufacturing of furniture has been increased which is promoting the growth of the furniture segment
  • The consumers are now are preferring to use plywood and laminates in the place of raw wood-based products
  • The furniture segment is anticipated to grow at a CAGR of 4.97% during 2019-2027
  • Exports grew at a CAGR of 8.7% over the past 5 years
  • Total market size of Indian laminate industry is Rs 42bn split between organized and unorganized players as 30:70
  • Renovation and replacement market for furniture which is currently at 15% of the overall market is expected to grow at a healthy pace.

Benefits of UV Direct Printing on Laminates

  • The scratch-resistant surface makes the handling, transportation, and installation much improved.
  • Faster production is possible due to the UV LED instant curing process
  • Lower cost because the need for additional materials and labor for mounting onto a second substrate is not required
  • UV prints can be produced with high levels of gloss or dull finishes, depending on the look required for your project.
  • The UV cured inks are weather-resistant which results in increased resistance to fading and longer life of the print
  • The special UV inks release zero VOC’s, which makes the whole process greener and environmentally friendly
  • Easy customization, as any design can be easily printed with the UV direct printing

Laminates printing machines:

Pixeljet® VELOCITY

Glass Printing Machine

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