Export market will not good in year 2024.
Points from Con call of POKARAN - “According to the latest National Kitchen & Bath Association of America report, kitchen and bath
revenues for Calendar 2024 are expected to fall by 3% year-over-year. New construction and
remodelling expenditures are also projected to decline by 4% and 2%, respectively, in 2024. Despite a
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recent increase, the supply of existing homes remains below a balanced market level, with
expectations of continuation until mortgage rates approach ~5%.”
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