Forecast: Import of Linoleum to Thailand (2024 - 2028)
| Year | Value (Thousand US Dollars) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 616.48 | — |
| 2025 | 643.32 | 4.35 |
| 2026 | 669.61 | 4.08 |
| 2027 | 695.38 | 3.85 |
| 2028 | 720.64 | 3.64 |
The Compound Annual Growth Rate (CAGR) for the import of linoleum to Thailand from 2024 to 2028 is projected to be approximately 3.98%. This reflects a steady growth trend, although the rate of increase is slightly decelerating each year.
Future Trends to Watch: Future trends warranting attention include the influence of urbanization, changes in construction activities, and economic policies affecting import tariffs. Global supply chain dynamics and the adoption of sustainable building materials may also impact the linoleum market in Thailand.