Furniture makers are passing tough times even ahead of Eid-ul-Azha, which is usually a high sales period, as people are uninterested in buying luxury items in the face of rampant inflation in recent months, according to market players.
The market for particle board is thriving in Bangladesh on the back of the rising demand for timber-alternative furniture and their growing use in interior designing.
High import duties on raw materials are dampening price competitiveness of Bangladesh’s furniture industry, a major drawback to tapping into international markets.
In an interview with The Business Standard, Hatil’s Managing director, Selim H. Rahman, talked about the various aspects of the burgeoning furniture industry and business; and what it needs to further expand