High Cost of Timber Hits Furniture Markets

Furniture manufactures are facing manifold problems and challenges due to high cost of wood as well as non-availability of quality wood in required quantity. A survey of furniture markets revealed that there were only a few buyers of furniture although wedding season is in full swing.

The high cost of the furniture has threatened the sector as a whole. The prices of raw materials used in making furniture which include chipboard, timber, foam, polish chemical materials, colour paints and hard ware have increased. Timber production on the other hand has gone down drastically because of unchecked deforestation. The prices of average quality furniture registered an increase of 25 to 30 percent due to high cost of wood and its shortage. Another reason of shortage of wood is said to be smuggling of sheesham wood to Dubai under the garb of raw material for making boats.