The forecasted import of plastic table and kitchen ware to the Philippines shows a steady increase from 2024 to 2028. In 2023, the import volume stood at 31.908 million kilograms. The year-over-year variation from 2024 to 2025 is approximately 3.13%, from 2025 to 2026 it is around 2.97%, from 2026 to 2027 it is about 2.82%, and from 2027 to 2028 it sees an increment of roughly 2.70%. The Compound Annual Growth Rate (CAGR) over the period of 2024 to 2028 is projected to be around 2.89%.
Future trends to watch for include potential increases in demand driven by population growth and urbanization, changes in consumer preferences towards durable and reusable plastic products, and regulatory impacts on plastic import policies. Shifts in global plastic supply chains and raw material prices may also affect import volumes in the long term.
