The import of paper-reinforced non-ornamental plaster board in the US is projected to increase steadily from 2024 to 2028, starting at $164.43 million in 2024 and reaching $182.62 million by 2028. In 2023, the import value stood at $160 million. The forecast demonstrates a consistent annual growth rate, with a CAGR of around 2.6% over the five-year period.
Year-on-year, the import values indicate growth varying between 2.4% to 2.5%, suggesting stable demand in the construction sector.
Key future trends to watch include:
- Potential impacts from trade policies and tariffs.
- Technological advancements and preferences for sustainable building products.
- Fluctuations in construction industry growth affecting demand.
