List of Profitable Business Ideas in Wood and Wood Products Manufacturing Industry.
Plywood, Wooden Furniture, Teak Wood, Wooden Toothpick, Wood Pellets, Wooden Doors and Frames, Deck Wood, Particle Board, Solid Wood Finger Jointed Boards, Wood Plastic Composite (WPC), Engineered Wood, Timber, Chip Block, Plywood and Plyboard, Chipboard, Woodworking, Decorative Laminated Sheets, Wood Drying, Forest Products, Wooden Products, Construction and Building Materials.
The wood and wood products manufacturing industry is a crucial sector in the Indian economy, offering a diverse range of business opportunities from plywood and wooden furniture to wood plastic composites and decorative laminated sheets. With a vast array of forest resources, India is a major player in the wood products market, facilitating the growth of industries such as timber and engineered wood. As urbanization progresses, the demand for wooden doors and frames, as well as wood pellets for sustainable energy, is on the rise. Entrepreneurs looking to enter this sector have a variety of options, including particle board production, wood drying, and construction and building materials derived from wood, all of which promise profitable returns and contribute significantly to the GDP.
India is very rich in its forest wealth having a huge land area under forests. Fortunately, all varieties of forest growth are found in India, ranging from tropical hardwood forests to high altitude coniferous forests and from deciduous to ever green forests and Plantation but unfortunately the forest resources in India is depleting due to increase of population and other causes.
India is a land of wonderful and marvelous artistic work of wood. The rich handicraft and beautiful traditional attributes of art and design have established a reputation of Indian Furniture Industry in the nation and worldwide.
The wood products manufacturing industry comprises establishments engaged in manufacturing of products derived from wood. This industry includes companies manufacturing lumber, plywood, veneers, wood containers, wood flooring, wood trusses, manufactured homes and prefabricated wood buildings. Wood products product process include sawing, planning, shaping, laminating, and assembling of wood products into bolts or lumber.
The popularity of traditional furniture has strengthened the demand for wood in the manufacturing of furniture in India. Over the past few years, the utilization of wooden goods in home has increased as people have started using wood for furnishing cupboards, decorating and for other purposes. Apart from this, the demand for engineered wood furniture is rising in metro cities such as Delhi, Mumbai, Bangalore and other major cities. The reason behind this is the rising popularity of ready to assemble home furniture in these cities. The availability of engineered wood furniture through various distribution channels provides ease to the customer to buy furniture products.
Wooden Furniture accounts for US$ 5,358 million. (US$ 852 million) of this (wooden furniture) is imported and imports are growing at 50 to 60 per cent every year. India was the largest furniture importer in the world, with a 19 per cent share in the furniture imports worldwide. A total of 10, 476 importers shipped furniture to India during this period, mainly from Italy, Germany, Spain, China, Korea, Malaysia, Indonesia, Philippines and Japan. The furniture sector in India makes a marginal contribution to the Gross Domestic Product (GDP), representing about 0.5 per cent of the total GDP.
Plywood is a wood panel prepared from thin sheets of wood veneer. Plywood is one of the most widely used wood products. It is inexpensive, flexible, re-usable and workable. Plywood is used as a substitute for plain wood due to its resistance to cracking, splitting, shrinkage and twisting. Plywood generally offers higher degree of strength than plain wood. On the basis of applications plywood is classified as softwood plywood, hardwood plywood, tropical plywood and decorative plywood among others.
Growing demand for housing and increasing usage of plywood in marine application for checks are the driving factors for the market growth. The demand is increased due to rising importance of plywood in buildings & construction industries. However, high cost of plywood is a major restraining factor for the market.
Rising construction activity worldwide, increase in the number of homes and the rising application of plywood in the interior designing of home floorings, walls, and ceilings, especially in high-cost residential spaces, along with a growing furniture industry are expected to drive the global plywood market for the next few years.
The global plywood market is expected to reach USD 110 million in revenue by the end of 2017. The plywood is anticipated to witness significant demand from construction by application. Moreover, the economical price of the plywood is likely to further drive the market.
Following are the Best Businesses You Can Start:
PLYWOOD
In the modern civilization, the wood is playing very useful and important role. It can be seen that wood is used at every place. In house, it is used as cots, doors, tables, almaries, racks, roof, partition walls etc. Apart from these wood is used in making boat, ships used as sound absorber, insulating materials etc. Read more
WOODEN LABORATORY FURNITURE
The most common, versatile and oldest material that is used for making furniture is wood. Almost all varieties of furniture can be made of wood. Wood is a soft material and can be easily shaped. The finish obtained is very good and occasional polishing can make it look like new at all times. Read more
CHIP BLOCK (COMPRESSED WOOD)
Wood waste is, by far, the largest portion of the waste stream generated from wood working Industry. Almost everyone in the woodworking business has a problem with wood scrap, chips and sawdust occurring as a by-product of woodworking. From the mill to the finished product, Read more
PLYWOOD AND PLYBOARD
The term plywood covers a form of laminated caves in which successive layers of veneer are ordinarily cross laminated, the care of which may be veneer or sawn lumber are several pieces. Kit ply is one of the largest manufacturers of plywood in the country and manufactures one of the widest ranges like marine, Read more
TEAK WOOD & MERANTI DOORS-SOLID AND SEMI SOLID DOORS
Doors are one of the most important area occupied in the wooden furniture construction area. Generally doors of solid and semi solid are manufactured from woods. It is useful for every domestic family in the commerce and in the each step of civilized life. Read more
WOOD PLASTIC COMPOSITE (WPC)
Wood plastic composite is good to solve the problem arises in the environment as there is scope of use of agricultural waste product to make WPC. One can use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood flour, rice husk, plastic additives like (DOP, DBP etc) to produce WPC. Read more
DECK WOOD (WOOD AND PLASTIC COMPOSITE)
Wood plastic composite products is a new type composite material booming in recent years, refers to the use of polyethylene, polypropylene and polyvinyl chloride, etc. It is mainly used for building materials, furniture, logistics, packaging and other industries. Read more
CHIPBOARD INDUSTRY
Chipboard industry is basically agriculture based and a major input for Furniture Industry. Chipboard is made up of wood chips bound together with resin and pressed into a flat, rectangular shape. Pieces of wood which are too small, warped or otherwise defective for use as lumber are splintered into small chips, and mixed with sawdust. Read more
WOODEN TOOTHPICK
A toothpick is a small stick of wood, plastic, bamboo, metal, bone or other substance used to remove detritus from the teeth, usually after a meal. A toothpick usually has two sharp ends to insert between teeth. They can also be used for picking up small appetizers or as a cocktail stick. Read more
FULLY AUTOMATIC MATCH BOX WITH MATCH STICKS (WOODEN MATCH STICKS & WAXED STRIPS)
The various sizes and type of match boxes are largely used in all the homes commercial section shops and industries. The Match phosphorus coating labels in two narrow sizes. General purpose match boxes are generally made by using paper boxes, match stick carrier or filler made by paper and soft wood pieces which is shunt fitted in the box, Read more
BROOM STICK PROCESSING PLANT
Broom stick is well known to all. It has been largely used by domestic people, commercial complexes, industrial people etc. It is generally prepared by using coconut leaves or special type of bamboos. There is a good market demand of this product and its associated product like handle. Read more
SOLID WOOD FINGER JOINTED BOARDS FROM PINE WOOD
A finger joint or comb joint is a woodworking joint made by cutting a set of complementary rectangular cuts in two pieces of wood, which are then glued. These are long tapered fingers that interlock to join two pieces lengthwise as in commercial moulding or side by side in panels. Read more
WOODEN DOORS AND FRAMES
Carpentry and joinery are common terms used with any class of work with wood. Strictly speaking carpentry deals with all works of a carpentry such as roofs, floors, partitions, etc. of a building, while joinery deals with the making of doors, windows, cupboards, dressers, stairs and all interior fitments for a building. Read more
WOOD PELLETS FROM SAW DUST
In general, any biomass is suitable as raw material for pelletizing. Currently woody biomass is the predominant raw material for fuel pellet production. The main constituents of wood are the elements carbon (C), hydrogen (H) and oxygen (O). Other important elements are nitrogen (N), sulfur (S), Read more
WOODEN FURNITURE
The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and households industries. It is also made in small to large scale sectors. Read more
PARTICLE BOARD (WOOD BASE)
Particle Boards are a relatively new type of engineered wood product that are made from gluing together small chips and saw-dust and firmly pressing them together to make boards or sheet with particle board furniture becoming more commonly available in the market. Read more
PARTICLE BOARD FROM RICE HUSK
Rice hulls (or rice husks) are the hard protecting coverings of grains of rice. Construction industry is one of the fastest growing sectors in India. Rapid construction activity and growing demand of houses has lead to the short fall of traditional building materials. Bricks, Cement, sand, and wood are now becoming scares materials. Read more
DECORATIVE LAMINATED SHEETS (SUNMICA)
In India three types of decorative and industrial laminated sheets are being manufactured usually being phenol formaldehyde or melamine formaldehyde or other phenolic resins as binding materials for the core and the surface papers. The decorative paper for lamination is imported. Read more
PRE LAMINATED PARTICLE BOARD
Pre Laminated Particle Boards give a new look to both the surroundings and ones day to day life. Particle boards are very versatile and can be used for all types of interior applications. The particle board can be of plain and pre laminated variety. Read more
BAMBOO FURNITURE
The bamboos are a group of woody perennial evergreen (except for certain temperate species) plants in the true grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae. Some are giant bamboos, the largest members of the grass family. Bamboos are the fastest growing woody plants in the world. Read more
HARD BOARD FROM BAGASSE
Soft and hard board, which are the basic among the paper boards, is used for wide range of purposes like folding boxes, backboard, for flat files, for making registers etc. These boards can be produced from any waste material like rice straw, waste paper, jute waste, coir dust etc. Read more
MEDIUM DENSITY FIBERBOARD (MDF)
Medium-density fibreboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into woodfibres, often in a defibrator, combining it with wax and a resin binder, and forming panels by applying high temperature and pressure. MDF is generally denser than plywood. Read more
GYPSUM PLASTER BOARDS
For a building being constructed the one and only thing which is to be considered is its strength of bearing load of both environmental artificial. But now-a-days not only strength but the look of the construction also matters. For giving good strength & attractive look Gypsum Plaster Boards are used. Read more
HANDICRAFT (CANE & BAMBOO)
Indian handicrafts are known the world over for their rich variety, grace, elegance and skilled craftsmanship. Cane and bamboo is largely available in India. Various types of articles like chairs, flowers, stools, and number of other items can be made from cane and bamboos. Read more
Frequently Asked Questions about the Wood and Wood Products Manufacturing Industry
What are the most profitable business ideas in the wood and wood products manufacturing industry?
Profitable business ideas include plywood manufacturing, wooden furniture production, engineered wood products, and wood plastic composite (WPC) production, all of which are in high demand due to their widespread use in construction and interior design.
How does the demand for wooden furniture impact the wood products manufacturing industry?
The demand for wooden furniture significantly boosts the wood products industry, particularly with the rising popularity of traditional and engineered wood furniture in urban areas, which increases consumption of wood-based panels and decorative items.
What role does plywood play in the wood products manufacturing industry?
Plywood is essential in the industry, known for its versatility and strength, used extensively in construction for everything from walls to flooring, making it one of the staples in wood-based construction materials.
Are there sustainable options in the wood products manufacturing industry?
Yes, products like wood pellets for bioenergy and wood plastic composites are sustainable options that offer environmental benefits and are gaining traction in the market as green alternatives.
What future trends are expected in the wood and wood products manufacturing industry?
Future trends include increased use of engineered wood due to its affordability and sustainability, growth in the decorative laminated sheets market for aesthetic purposes, and expansion of the particle board market as a cost-effective solution in furniture and interior design.
See more
https://goo.gl/gAo2bN
https://goo.gl/oN41ge
https://goo.gl/DHt3bV
https://goo.gl/B22nrp
