Material shortages are making headlines all over the building sector. The scarcity is the result of rising demand for larger homes, new buildings, and an influx of new DIY-ers in the wake of the pandemic. COVID-19’s growing expectations may be moving quicker than interior designers can keep up with.
Lumber and other building materials prices have risen as a result of this perfect storm. According to a survey report, 71% of contractors are experiencing at least one material shortfall. In 2022, how will material shortages affect interior design trends?
Unavailability of Unique Paints
As store owners battle to maintain stock on the shelf and meet growing expenses from their suppliers, contractors are finding it difficult to purchase the paint they desire. The heavy winter in the South delayed the production of petroleum, which is an important component of paint. Raw material availability has been strained as a result of production disruptions and rising architectural and industrial demand.
Low Availability of Lumber
The scarcity of lumber in stores has nothing to do with the scarcity of trees or even wood production. The epidemic has generated a shortage of lumber due to increased demand for house remodeling and construction, as well as supply issues connected to shipping. The COVID-19 shutdown impacted the industry in unanticipated ways, with several non-essential businesses, including timber mills, closing their doors.
Rising costs are passed on from manufacturers to builders and contractors, as well as to consumers. The cost of available lumber has increased by up to 60% and store-bought paint is also currently more expensive than what customers are used to spending on. Paint is in short supply at a time when demand is rising.
How Can Interior Designers Get Ahead of Material Shortages?
To accommodate the rising demand for new houses, interior designers should consider other options and new sources. Replacements and new material sources are necessary since putting a project on hold for months while waiting for anticipated supplies can result in greater costs and added complications in design and construction. Jobs with healthy margins may no longer be profitable according to the laws of supply and demand.
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