In 2023, Japan imported 65.792 million US dollars worth of adhesives based on rubber or plastic. The forecasted data suggests a steady increase over the next five years. In 2024, the import value is expected to reach 66.301 million US dollars, rising by 0.78% from 2023. By 2025, the value is forecasted to grow by another 0.785% to 66.822 million US dollars. The upward trend continues with similar year-on-year increases: 0.764% to 67.332 million US dollars in 2026, 0.743% to 67.832 million US dollars in 2027, and finally, a 0.723% increase to 68.322 million US dollars in 2028.
The Compound Annual Growth Rate (CAGR) across the five-year period from 2024 to 2028 is expected to be around 0.73%, indicating a consistent, albeit modest, increase in the import value of these adhesives.
Future trends to watch for include potential shifts in global supply chains, technological advancements in adhesive formulations, and changes in regulatory policies that could impact the demand and import patterns for adhesives based on rubber or plastic in Japan.
