Market reputation, track record and experience are critical
factors for LIMAHSOON's business success.
Market Leader
Based on an independent market research, LIMAHSOON
is top of the list of manufacturers of laminated boards in 2003.
Being the market leader, we instill confidence in customers of
our product quality. Many of our customers have been
with us for a long time. Their repeat purchases represent
the highest vote of confidence in the quality of our products
and our services.
These loyal customers provide the base for business sustenance
and growth, while allowing us to cultivate new customers.
Track Record
LIMAHSOON has been in the market since 1987. Its track
record and experience are major advantages when it comes to securing new
customers.
Serving a large user industry
LIMAHSOON mainly sells to the furniture and interior fit-out
industries. The export of rubberwood furniture amounted to
RM5 billion in 2003.
User industry is export oriented
Most of the furniture manufactured in Malaysia is exported.
Thus, as an export oriented product, the potential market
size is very large.
Malaysia Market Performance Performance of Laminated Solid Wood Industry
In the first quarter of 2004, Production Quantity of Laminated
Solid Wood grew by 48.6% compared to the same period in 2003
(Source: Department of Statistics). In 2003, the market size
for Laminated Solid Wood was RM525 million and LIMAHSOON
Berhad ranked No. 1 (Source: Independent Primary Market Research
by Vital Factor Consulting Sdn Bhd).
Performance of Furniture Industry
In 2003, Malaysia exported RM5.8 billion worth of Furniture.
Between 1999 and 2003, Sales Value of Furniture and Fixtures
grew at an average rate of 10% per annum. In the first quarter
of 2004, Sales Value of Furniture and Fixtures grew by 14%
compared to the same period in 2003 (Source: Department of Statistics).
