Key Market Indicators
Lao Plastic Export is projected to climb to approximately $3.5 million by 2028, up from around $3 million in 2023. This represents an annual compound growth rate (CAGR) of 2.7%. Since 2015, the country’s plastic supply has risen by an average of 4.2% each year. In contrast, Lao Plastic Import is expected to reach nearly $95 million by 2028, compared to roughly $86 million in 2023. This reflects an average annual growth rate of 1.6%. Since 2015, the demand for plastic imports in Laos has increased at an average rate of 2.2% per year.