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Growth in Commercial and Residential Construction
The pace of construction activities has remained robust particularly in developing economies where urbanization levels are on the rise, therefore growing residential sector is expected to drive the segment growth, for instance, according to data by IBEF in 2021, India's real estate sector is expected to expand to US$ 5.8 trillion by 2047, contributing 15.5% to the GDP from an existing share of 7.3%. Both commercial and residential real estate sectors have invested heavily in new projects to accommodate the growing population and their needs. Offices, malls, hotels, luxury apartments - construction of such structures mean installation of several interior elements like flooring, wall paneling, furniture and more. Paper doilies find widespread applications during such construction periods, mainly in temporary floor protection.
Given their absorbent quality, doilies are ideally used by builders, contractors and laborers as throw-away covers that can be discarded after completion of work. This prevents stains, scratches or other damages to newly lay costly flooring from construction materials, waste, spillages and worker’s boots. Similarly, doilies provide effective protection to already installed furnishings, fixtures or wood work that may suffer from dust, grease or paint splashes in the building interiors. Their usage ensures project work can progress smoothly without any delays caused by floor or asset damages.
Even after new commercial or residential spaces are ready for occupation, demands remain from property management teams. Doilies find significant recurrent use in furnishings, housekeeping and maintenance activities like metal or wooden furniture polishing, floor scrubbing etc. They are also stocked in bulk for property show flats and model houses to create a sophisticated aesthetic impression on potential buyers or tenants. Rapid construction expansion in key global markets therefore drives constant requirements from relevant buyer groups to procure paper doilies. This growth aspect augments the overall market size for these paper-based utility products.
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