In 2023, the import of textile fabric impregnated, coated, covered, or laminated with polyurethane to the US stood at $435 million. Forecast data indicates a steady upward trajectory, with projected imports reaching approximately $449.25 million in 2024, gradually climbing to $508.68 million by 2028.
The year-on-year growth rate ranges from around 3.4% to 3% over the forecast period. Compounded annually, the 5-year period reflects a consistent Compound Annual Growth Rate (CAGR) of approximately 3.2%.
Future trends to watch for include:
- Potential impacts of trade policies and tariffs on import costs and volumes.
- Technological advancements in fabric treatment processes enhancing or modifying demand.
- Shifts in consumer preferences toward sustainable and innovative materials.