Blog Details
Blog Details
11
Jun
The Indian plywood industry is currently valued at ₹235 billion (~$2.8 billion) and growing at a compound annual growth rate (CAGR) of 6.7%. By 2030, it's expected to cross ₹400 billion.
1. Construction & Real Estate Growth With over 20 million affordable homes projected under schemes like PMAY, urbanization and infrastructure development are pushing demand for plywood in: - Modular furniture - Kitchen cabinetry - Wall panelling - Doors and partitions 2. Rising Disposable Income Tier 2 and Tier 3 cities are seeing a surge in homeowners investing in custom interiors, shifting preference from local carpenter-made furniture to factory-finished modular systems using premium plywood. Sustainability & Health Concerns Reshape Choices Consumers are becoming environmentally conscious, seeking: - E0/E1 grade plywood (low formaldehyde emissions) - FSC/PEFC-certified plywood - Zero-VOC (volatile organic compound) finishes - Anti-bacterial and fire-retardant variants What This Means for Viomply ? *As the market shifts, Viomply is uniquely positioned to lead by: - Offering sustainable plywood with verified E0/FSC compliance. - Promoting branded assurance and innovation. - Educating customers via blogs, videos, and material guides. By aligning with modern values—eco-consciousness, tech-savviness, and quality—we don’t just follow trends; we set them.