Saturday, June 6, 2009

SWOT Analysis of Pakistani Furniture Industry

SWOT Analysis

Strengths

 Skilled Labor Force
 Wood seasoning facility centre is available
 Suppliers of raw material are available
 Local tools available
 350 furniture manufacturing units
 8,000 people (approx.) are directly and indirectly attached with this occupation
 Strong historical background of craftsmen

Weaknesses

 High cost of production due to high rate of raw material
 Lack of educated, certified and professionally trained, work force
 Unavailability of ready to use raw material
 No Designing and R&D facilities available
 Unawareness of Social compliance and Environmental issues
 Unawareness of any quality control and standards
 Lack of international marketing skills
 Unavailability of ready-to use seasoned wood
 Constraint of Technology
 Fluctuating prices of the raw material.

Opportunities

 Technical up gradation
 International exhibitions
 International warehouses
 Networking & linkages of cluster players/stakeholders
 Development of consortiums with specified objectives

Threats

 Migration of trained work forces from the sector
 Raw material cost increase (shortage in the stock of Sheesham wood at any stage
because no further plantation as required)
 Import of low price articles from China and India
 Instable political set up of the country.


Investment Opportunities

 Chip/Hard Board Manufacturing
 Win Board Manufacturing
 Particle/Veneer Board
 Flush Doors/Windows
 Small wood seasoning plant
 Furniture Design Center

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Modern furniture is appealing its stylish design. The style is modern also varies by application. Both models in the Eastern and Western cultures, can be found. Comfort level of these assets to improve the stress and makes you feel fresh. Modern furniture is also very pocket friendly that anyone can afford to decorate or renovate their homes or workplaces. Renowned companies are at work meets the high demand for more and more production. To gather more information about the furniture, you can search the Internet or you can go to your nearest showroom.

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Anonymous said...

hadd hai yar sirf railway road GUJRAT pr 300 sy zyada furniture factories hain and 20000 sy zyada logg kam krty hain ....
jab k ap ny poorey PAKISTAN ka 8000 workers nd 350 factories lakhi hain....
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