The forecasted import of waste of man-made fibres to Japan is set to increase moderately from 2024 to 2028, starting at $9.701 million in 2024 and reaching $9.902 million by 2028. This reflects a consistent year-on-year growth rate.
The forecast indicates an upward trajectory, with an average compound annual growth rate (CAGR) over this five-year period. In 2023, the imports were slightly lower than in 2024, reflecting an ongoing positive trend in Japan's importation of these materials.
Future trends to watch for:
- Changes in environmental policies impacting import practices.
- Shifts in global demand and supply affecting pricing and availability.
- Technological advancements in recycling synthetic fibers.
