KUWAIT CITY: The manufacturing sector is aggressively booming year after year. We have seen massive growth in our industry and by year 2020 we have great expectations from this market. The advantage of our company is that we are financially strong enough to undergo any face growth,” he added.
Participation in international industry events such as Dubai WoodShow is part of company’s expansion plans to go global. Simco is considered a pioneer in UAE’s aluminium, woodworking, sheet metal, steel fabrication machinery market with major projects under its belt. Business success is due to the company’s in-depth knowledge and track-record of handling complex projects.
Being a giant company, we have our own maintenance team to take care of our customers as after sales services,” he concluded.
“We are delighted to see Simco using our industry platform for their growth. We are committed to support the wood and related industries through our ever-expanding shows and conferences. In line with the futuristic vision of UAE rulers, we believe we grow together and which is the hallmark of UAE’s bustling economy,” he added.
According to new study conducted by Technavio Research, the global woodworking market to grow steadily at a CAGR of around 3 per cent by 2021. The key growth factor for this market is demand for engineered wood and wooden furniture. The industry experts say that this market is growing because the real estate developers and end-users are giving more importance to the aesthetic look of the buildings.