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The demand of global markets for high-value wood products is an important factor for raising the value of wood. Demands for furniture items, for example, are estimated to increase sharply this year. Therefore, many Sri Lankan wood enterprises have been boosting investment in modern automatic technology, while expanding the production scale to fulfil orders.
The booming real estate industry in the current scenario is driving the global furniture market. Additionally, increasing disposable income has influenced the individual to spend more on comfortable lifestyle; this is expected to provide growth opportunity for the global furniture market to some extent.
On the bases of material used to manufacture furniture, the Sri Lanka furniture market can be bifurcated into metal, plastic and wood. Major application includes residential and commercial building hotels, motels, hospitals and other similar institutions.
In order to promote the wood industry of Sri Lanka, Sri Lanka Wood International Expo 2018 is a leading trade fair for furniture production and interior design. This is where the most important business is conducted and momentum for the furniture supply industry. Decision makers, opinion leaders and disseminators from all over Sri Lanka keep up with the innovations in the industry, seek and establish new contacts – those who want to do truly good business should not miss this opportunity.
Sri Lanka Wood International Expo 2018 is scheduled from 7 to 9 September at BMICH, Colombo, with participation from 100+ companies showcasing latest Wood and Woodworking Machineries, Tools, Timber, High End Laminates, Veneers, Modular House, Paints, Adhesive and Sealants and Accessories from 15+ countries.
Entry is free for all furniture manufacturers, carpenters, plywood and particle board manufacturers, traders, timber, importers and merchants, hardware manufacturers, kitchen cabinet manufacturers, manufacturer of wood based articles, saw millers, corporate, etc. For more details contact Buddhini – [email protected], www.srilankawood.com.