In 2023, the US's import value of textile fabric impregnated, coated, covered, or laminated with plastics was $405 million. The forecasted values for 2024 to 2028 show a consistent growth, averaging an annual increase of approximately 3.1%. Year-on-year growth is expected to be 3.47% from 2024 to 2025, 3.28% from 2025 to 2026, 3.11% from 2026 to 2027, and 2.96% from 2027 to 2028. The compound annual growth rate over this period stands at 3.2%.
Future trends to watch include advancements in textile technology and environmental regulations which could influence material choices and demand. Potential tariff changes and trade agreements may also impact import quantities and values.
