THE SPARKLING TREE INTERNSHIP REPORT

Abstract

Medium Density Fibreboard (MDF) is a popular laser cutting material in India, especially in the furniture and upholstery industry. Its range of MDF laser cutting products in India is extensive and covers a wide range of applications such as cutting, engraving and marking. The market size of his MDF laser cut products in India varies from state to state. The major states where the MDF laser cutting industry has a strong presence are Maharashtra, Karnataka, Tamil Nadu, Delhi and Gujarat. There is a lot of furniture manufacturing in these states and the use of MDF laser cutting technology has increased significantly. According to a report by IndustryARC, the MDF market in India was valued at USD 1.53 billion in 2019 and is expected to reach USD 2.33 billion by 2025, growing at a CAGR of 6.3% during the forecast period. Increasing demand for MDF in the furniture and construction industry is accelerating the growth of the market. In terms of applications, the furniture segment dominates the MDF laser cutting market in India. The demand for MDF laser cutting machines used in furniture production is expected to increase in the coming years as the demand for custom and designer furniture increases. Overall, the MDF laser cutting industry in India is expected to grow steadily in the coming years due to increasing demand for MDF boards in various industries including furniture and construction industries. The growing popularity of laser cutting technology for MDF boards is also said to be contributing to the market growth.